8-K
NISOURCE INC. (NI)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 25, 2022
NiSource Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-16189 | 35-2108964 |
|---|---|---|
| (State or other jurisdiction<br> <br>of incorporation) | Commission<br> <br>File Number | (I.R.S. Employer<br> <br>Identification No.) |
| 801 East 86th Avenue<br> <br>Merrillville, IN | 46410 | |
| --- | --- | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code (877) 647-5990
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions.
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2 (b)) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c)) |
| --- | --- |
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading<br> <br>Symbol(s) | Name of Each Exchange<br> <br>on Which Registered |
|---|---|---|
| Common Stock, par value $0.01 per share | NI | NYSE |
| Depositary Shares, each representing a 1/1,000th ownership interest in a share of 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, par value $0.01 per share, liquidation preference $25,000 per share and a 1/1,000th ownership interest in a share of Series B-1 Preferred Stock, par value $0.01 per share, liquidation preference $0.01 per share | NI PR B | NYSE |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02. | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. |
|---|
On April 25, 2022, Violet G. Sistovaris, Executive Vice President and Chief Experience Officer at NiSource Inc. (the “Company”) notified the Company that she intends to retire from the Company effective July 1, 2022. A search has commenced for her replacement.
A copy of the Company’s press release announcing the pending retirement of Ms. Sistovaris is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
|---|
(d) Exhibits
| Exhibit<br>Number | Description |
|---|---|
| 99.1 | NiSource Inc. Press Release dated April 27, 2022 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NiSource Inc. | ||
|---|---|---|
| (Registrant) | ||
| Date: April 27, 2022 | By: | /s/ Kimberly S. Cuccia |
| Kimberly S. Cuccia | ||
| Senior Vice President, General Counsel and Corporate Secretary |
EX-99.1
Exhibit 99.1
April 27, 2022
FORADDITIONAL INFORMATION
| Media | Investors | |
|---|---|---|
| Christopher Garland | Randy Hulen | Christopher Turnure |
| Chief Comms Officer | VP, IR and Treasurer | Director, Investor Relations |
| (952) 905-6805 | (219) 647-5688 | (614) 404-9426 |
| cgarland@nisource.com | rghulen@nisource.com | cturnure@nisource.com |
NISOURCE ANNOUNCES RETIREMENT OF VIOLET SISTOVARIS
MERRILLVILLE, Ind. – NiSource Inc. (NYSE: NI) today announced that Executive Vice President and Chief Experience Officer Violet Sistovaris is retiring after 28 years with the company.
Violet joined NiSource in 1994 after being recruited from Centier Bank, where she served as vice president, training and development. Upon arrival at NiSource, Violet had an immediate and transformative impact on the organization while serving in several positions in human resources, executive recruiting and management development.
“Violet has been a beloved and inspirational leader in our organization and in the Northwest Indiana community for nearly 30 years,” said Lloyd Yates, NiSource President and CEO. “Her impacts on NiSource and our operating companies throughout her impressive career have been numerous and lasting. She has been an invaluable member of our leadership team and a trusted and respected advisor to all of us. I and the entire NiSource community will miss working with Violet, and we wish her the best in her well-deserved retirement.”
Earlier in her NiSource career, Violet served as Vice President, Customer Contact Centers. While in that position, she directed the operation of NiSource’s customer contact centers and managed customer service for the 3.7 million residential natural gas and electric customers served by NiSource’s energy distribution companies at that time.
Later, Violet served as Senior Vice President and Chief Information Officer, with responsibilities for information technology, supply chain, real estate and facilities management. In 2015, Violet was chosen to lead the Northern Indiana Public Service Company (NIPSCO) as President – a role she held until 2020, when she was asked to lead NiSource’s Experience Organization, which includes customer service, human resources, diversity equity & Inclusion and communications.
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In addition, Violet co-founded NiSource’s Women in Leadership initiative over 10 years ago, which led to the formation of the company’s DAWN employee resource group, a women’s mentoring program and the company’s overall diversity initiatives.
“I have always believed that leading with integrity brings the best out of people,” Violet said upon reflecting on her career. “I’ve been fortunate to lead a number of highly impactful teams over the years and am proud of their many contributions to the company.
“My time with NiSource has been much, much more than the roles I’ve held. I will always cherish the many relationships I’ve built with this wonderful group of people over the years, and the opportunities I’ve had to mentor and develop talent at all levels of their careers, especially other women and diverse leaders.
“I believe NiSource and its talented employees are well positioned for continued success, and I look forward to the company’s next stage of growth.”
In addition to NiSource, Violet is also a highly respected leader in Northwest Indiana, where she held the role of Chair of the area’s One Region organization, as well as serving on the boards of the Girl Scouts of Northwest Indiana and Chicagoland, the Indiana Energy Associates and the Edison Electric Institute.
Violet will remain with company until July 1 while a national search is underway for her replacement.
About NiSource
NiSource Inc. (NYSE: NI) is one of the largest fully regulated utility companies in the United States, serving approximately 3.2 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSource’s approximately 7,500 employees are focused on safely delivering reliable and affordable energy to the customers and communities we serve. NiSource is a member of the Dow Jones Sustainability Index – North America. Additional information about NiSource, its investments in modern infrastructure and systems, its commitments and its local brands can be found at www.nisource.com. Follow us at www.facebook.com/nisource, www.linkedin.com/company/nisource or www.twitter.com/nisourceinc. NI-F
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