NiSource Inc. (NYSE:NI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On March26, 2018, Richard A. Abdoo, a member of the Board of Directors (the “Board”) of NiSource Inc. (the “Company”), notified the Board that he does not intend to stand for reelection at the Company’s 2018 Annual Meeting of Stockholders (the “Annual Meeting”). His term as director will, therefore, expire at the Annual Meeting. Mr. Abdoo indicated that his decision to not stand for reelection was for personal reasons and was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Board thanks Mr.Abdoo for his leadership and service to the Company.
About NiSource Inc. (NYSE:NI)
NiSource Inc. is an energy holding company. The Company is engaged in the distribution of natural gas. The Company operates through two business segments: Gas Distribution Operations and Electric Operations. The Gas Distribution Operations segment provides natural gas service and transportation for residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana and Massachusetts. Its natural gas distribution operations operate approximately 59,000 miles of pipeline. The Electric Operations segment provides electric service in approximately 20 counties in the northern part of Indiana. The Company’s principal subsidiaries include NiSource Gas Distribution Group, Inc., a natural gas distribution holding company, and NIPSCO, a gas and electric company. NIPSCO owns and operates approximately three coal-fired electric generating stations. NiSource Finance Corporation (NiSource Finance) is a consolidated finance subsidiary of the Company.
