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The charts on this page feature a breakdown of the total annual pay for the top executives at NISOURCE INC. as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. NISOURCE INC. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. NISOURCE INC. annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Donald E. Brown
EVP and Chief Innovation Officer, Former CFO
Total Cash $1,920,861 Equity $1,335,553 Other $116,422 Total Compensation $3,372,836
Shawn Anderson
EVP and CFO
Total Cash $1,328,276 Equity $1,137,093 Other $95,367 Total Compensation $2,560,736
Melody Birmingham
EVP and Group President, Utilities
Total Cash $1,459,792 Equity $1,335,553 Other $112,704 Total Compensation $2,908,049
William Jefferson
EVP Operations and Chief Safety Officer
Total Cash $1,342,742 Equity $1,138,849 Other $96,247 Total Compensation $2,577,838
Lloyd Yates
President and CEO
Total Cash $3,541,667 Equity $5,208,422 Other $466,592 Total Compensation $9,216,681
Michael Luhrs
EVP Risk and Strategy and Chief Commercial Officer
Total Cash $1,311,105 Equity $1,443,585 Other $171,754 Total Compensation $2,926,444
For its 2023 fiscal year, NISOURCE INC., listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Lloyd Yates CEO Pay $9,216,680 Median Employee Pay $174,408 CEO Pay Ratio 53:1
For its 2023 fiscal year, NISOURCE INC., listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Aristides S. Candris Total Cash $305,000
Cassandra S. Lee Total Cash $275,000
Deborah A. Henretta Total Cash $295,000
Deborah A. P. Hersman Total Cash $278,000
Eric L. Butler Total Cash $295,000
Kevin T. Kabat Total Cash $435,000
Michael E. Jesanis Total Cash $284,000
Peter A. Altabef Total Cash $300,000
Sondra L. Barbour Total Cash $275,000
Theodore H. Bunting, Jr. Total Cash $295,000
William D. Johnson Total Cash $275,000

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.