Form 8-K NISOURCE INC. For: Aug 15
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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| (Address of principal executive offices) | (Zip Code) |
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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:
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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 August 15, 2022, Pablo A. Vegas, Executive Vice President and Group President, Utilities, at NiSource Inc. (the “Company”) notified the Company that he intends to resign from all positions that he holds with the Company and its subsidiaries, effective September 2, 2022, to assume the position of President and Chief Executive Officer at the Electric Reliability Council of Texas, effective October 1, 2022. Mr. Vegas’ resignation was not the result of any dispute or disagreement with the Company on any matters relating to the Company’s operations, policies or practices. A search has commenced for his replacement.
A copy of the Company’s press release announcing the resignation of Mr. Vegas is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit Number |
Description | |
| 99.1 | NiSource Inc. Press Release dated August 16, 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: August 16, 2022 | By: | /s/ Kimberly S. Cuccia | ||||
| Kimberly S. Cuccia | ||||||
| Senior Vice President, General Counsel and Corporate Secretary | ||||||
Exhibit 99.1
August 16, 2022
FOR ADDITIONAL INFORMATION
| Media |
Investors |
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| 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 | ||
| [email protected] | [email protected] | [email protected] |
NISOURCE ANNOUNCES DEPARTURE OF PABLO VEGAS
MERRILLVILLE, Ind. – NiSource Inc. (NYSE: NI) today announced that Executive Vice President, NiSource, and Group President, NiSource Utilities, Pablo Vegas, is leaving NiSource to become President and Chief Executive Officer of the Electric Reliability Council of Texas (ERCOT), effective October 1.
Since joining NiSource Vegas has served in numerous roles, including Executive Vice President and President, Columbia Gas Group, Chief Restoration Officer, and Chief Customer Officer for NiSource. Pablo assumed his current title on July 1, 2022.
“Pablo has been an instrumental leader at NiSource for the past six years, and we are grateful for his outstanding service to the company and to our customers” said Lloyd Yates, NiSource President and CEO. “His impact to NiSource has been tremendous since joining the company in 2016, and he has held numerous roles of increasing responsibility, highlighting Pablo’s talent as a versatile executive. He has been an invaluable member of our leadership team and I along with the entire NiSource community will miss working with Pablo, and we wish him the best in his new role at ERCOT.”
Prior to joining NiSource, he held a variety of senior executive positions with American Electric Power (AEP), including serving most recently as President and Chief Operating Officer of AEP Ohio. Vegas joined AEP in 2005, serving in leadership positions in information technology and finance. In 2008 he assumed the role of President and Chief Operating Officer for AEP Texas. From 2010 - 2012, he served as AEP’s Vice President and Chief Information Officer.
Before his career in the regulated utility industry, Vegas held senior leadership positions with IBM, PWC and Andersen Consulting.
Pablo will remain with the company until September 2nd while a national search is underway for his replacement.
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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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