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    NiSource Inc. (NI)

    16.99 Down 0.87(4.87%) Jul 2, 4:03PM EDT
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    NiSource Inc.
    801 East 86th Avenue
    Merrillville, IN 46410
    United States - Map
    Phone: 877-647-5990
    Website: http://www.nisource.com

    Index Membership:N/A
    Industry:Diversified Utilities
    Full Time Employees:8,982

    Business Summary 

    NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. It operates through three segments: Gas Distribution Operations, Columbia Pipeline Group Operations, and Electric Operations. The Gas Distribution Operations segment offers natural gas service and transportation to residential, commercial, and industrial customers. As of December 31, 2014, it owned and operated a total of 58,414 miles of pipelines and related facilities. This segment serves approximately 3.4 million customers in Ohio, Pennsylvania, Virginia, Kentucky, Maryland, Indiana, and Massachusetts. The Columbia Pipeline Group Operations segment provides gas transportation and storage services for local distribution companies, marketers, and industrial and commercial customers located in northeastern, mid-Atlantic, midwestern, and southern states, as well as in the District of Columbia. It owned and operated approximately 15,121 miles of natural gas transmission pipelines. This segment also operates underground natural gas storage systems capable of storing approximately 622 billion cubic feet of natural gas. The Electric Operations segment generates, transmits, and distributes electricity; and offers wholesale and transmission transaction services. It serves approximately 461,000 customers in 20 counties in the northern part of Indiana; and operates 3 coal-fired electric generating stations with a net capability of 2,540 megawatts (MW), 3 gas-fired generating units with a net capability of 196 MW, and 2 hydroelectric generating plants with a net capability of 10 MW, as well as a combined cycle gas turbine plant with a capacity of 535 MW. The company was formerly known as NIPSCO Industries, Inc. and changed its name to NiSource Inc. in April 1999. NiSource Inc. was founded in 1912 and is headquartered in Merrillville, Indiana.

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    Corporate Governance 
    NiSource Inc.’s ISS Governance QuickScore as of Jun 1, 2015 is 4. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 3; Compensation: 7.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Joseph Hamrock , 51
    Chief Exec. Officer, Pres and Member of The Board of Directors
    Mr. Stephen P. Smith , 54
    Chief Financial Officer and Exec. VP
    Ms. Carrie J. Hightman , 58
    Chief Legal Officer and Exec. VP
    Mr. Glen L. Kettering , 60
    Exec. VP and Group Chief Exec. Officer of Columbia Pipeline Group
    Ms. Catherine G. Abbott ,
    Group Pres
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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