NiSource (NI) Appoints Sondra Barbour and Cassandra Lee to its Board

NiSource Inc. (NYSE: NI) today announced the appointments of Sondra Barbour and Cassandra Lee to its Board of Directors. Ms. Barbour's appointment is effective immediately and Ms. Lee's appointment is effective February 14, 2022, in conjunction with the retirement of Joe Hamrock. Ms. Barbour and Ms. Lee will stand for election at the Company's upcoming 2022 Annual Meeting of Stockholders. They will replace Carolyn Woo, who has served as a director since 1998, and Joe Hamrock, who has served as a director since 2015 and today announced his retirement as Chief Executive Officer of NiSource as part of a long-planned succession process.

"We are pleased to welcome Sondra and Cassie as independent directors to our Board," said NiSource Chairman Kevin T. Kabat. "As a Board, we strive to maintain a diverse, refreshed and experienced set of directors and these additions are a testament to that process. Both Sondra and Cassie are talented and proven business leaders with valuable insight and tremendous experience with leading, large-scale information systems and industrial operations. Sondra brings a wealth of unique expertise, having previously headed internal information technology operations for Leidos and Lockheed Martin, including leadership in shared services, internal audit, supply chain and risk management. Cassie brings deep financial expertise as the Chief Audit Executive for AT&T along with experience in retail operations, distribution strategy, global supply chain, M&A, capital management, network and other capacity planning and shared services operations. We look forward to benefitting from the invaluable perspectives and complementary strengths that Sondra and Cassie will bring as we work with the management team and its newly appointed incoming CEO, Lloyd Yates, to continue to guide NiSource in its ongoing strategic transformation."

Mr. Kabat continued, "On behalf of the entire Board, I would also like to thank Carolyn and Joe for their years of leadership and collaboration. Their insights have been invaluable, and it has been a privilege to work with them to drive future success and guide NiSource's continued growth and transformation. We wish them all the best in their future endeavors."

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