"The leadership changes announced today position
The leaders, all reporting to Hamrock, include:
- Pablo Vegas, current executive vice president and president, gas utilities, has been named executive vice president, chief operating officer (COO) and president,
NiSourceUtilities. In this new role, Vegas will oversee NiSource'sgas and electric business segments. This appointment will support the continued advancement of NiSource'ssafety management system and align investment priorities across NiSource'sutility portfolio to deliver operational excellence across its gas and electric segments.
- Donald Brown, current executive vice president and chief financial officer (CFO), has been named executive vice president, CFO and president,
NiSource Corporate Services. Brown's appointment reflects NiSource'sfocus on driving value through enhanced capabilities, processes and systems across our central business organizations including accounting, finance, information technology, supply chain, business services, regulatory services, and internal audit.
- Violet Sistovaris, current executive vice president and president, NIPSCO, has been named executive vice president and chief experience officer, responsible for
NiSource'scustomer service, human resources and communications functions. In this new role, Sistovaris will bring a singular focus to NiSource'semployee and customer experience, focused on enhancing transparency, innovation and customer value to its key stakeholders.
- Shawn Anderson has been named chief strategy and risk officer, highlighting the importance of aligning
NiSource'slong-term strategy with stakeholder priorities, including portfolio optimization, renewable energy and growth strategies. This appointment reflects Anderson's key contributions to the company's strategy development.
Based on the changes above, we are pleased to announce additional key senior leadership changes:
- Mike Hooper, current senior vice president regulatory, legislative affairs and strategy, NIPSCO, has been named senior vice president and president, NIPSCO, reporting to Vegas. In this capacity, Hooper will be responsible for
NiSource'selectric business segment, including its advanced energy and renewable portfolio strategy.
- Dan Creekmur, current president and COO,
Columbia Gas of Ohio, has been named senior vice president and president, gas utilities, reporting to Vegas. In this role Creekmur will have responsibility for NiSource'sgas utility companies in Ohio, Indiana, Pennsylvania, Virginia, Kentuckyand Maryland.
- Vince Parisi will be rejoining
NiSourceon June 8as president and COO, Columbia Gas of Ohio, reporting to Dan Creekmur.
"We are confident that these changes, along with the previously announced elevation of Carrie Hightman's role to executive vice president and chief legal officer and CEO of
This press release contains "forward-looking statements" within the meaning of federal securities laws. Investors and prospective investors should understand that many factors govern whether any forward-looking statement contained herein will be or can be realized. Any one of those factors could cause actual results to differ materially from those projected. These forward-looking statements include, but are not limited to, statements concerning our plans, strategies, objectives, expected performance and any and all underlying assumptions and other statements that are other than statements of historical fact. All forward-looking statements are based on assumptions that management believes to be reasonable; however, there can be no assurance that actual results will not differ materially. Factors that could cause actual results to differ materially from the projections, forecasts, estimates and expectations discussed in this press release include among other things, continuing and potential future impacts from the COVID-19 pandemic; our debt obligations; any changes to our credit rating or the credit rating of certain of our subsidiaries; our ability to execute our growth strategy; changes in general economic, capital and commodity market conditions; pension funding obligations; economic regulation and the impact of regulatory rate reviews; our ability to obtain expected financial or regulatory outcomes; our ability to adapt to, and manage costs related to, advances in technology; any changes in our assumptions regarding the financial implications of the Greater Lawrence Incident; compliance with the agreements entered into with the
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