Latest news with #ShawnAnderson
Globe and Mail
03-07-2025
- Business
- Globe and Mail
NiSource Appoints Durgesh Chopra Vice President of Investor Relations
NiSource Inc. (NYSE: NI) today announced the appointment of Durgesh Chopra as Vice President of Investor Relations, effective July 7. In this role, Durgesh will strengthen NiSource's relationships with the investment community and effectively communicate the company's financial performance and strategic direction. Durgesh has over 15 years of experience in the utilities, infrastructure and renewables sectors. Most recently, Durgesh served as Managing Director at Evercore, where he led equity research coverage of the Power & Utilities sector. Prior to that, he was Director of Investor Relations at American Water, where he played a key role in shaping the company's investor messaging and outreach. 'Durgesh combines deep investment community insight with hands-on experience in regulated utilities. His ability to communicate complex financial strategies and his dedication to serving communities align perfectly with NiSource's mission to deliver safe, reliable energy to our customers,' said Shawn Anderson, Chief Financial Officer. NiSource looks forward to Durgesh's leadership in advancing its investor relations efforts and continuing to build strong relationships with the investment community. About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,700 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index and is on Forbes lists of America's Best Employers for Women and Diversity. Learn more about NiSource's record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at The content of our website is not incorporated by reference into this document or any other report or document NiSource files with the Securities and Exchange Commission ('SEC').
Yahoo
31-03-2025
- Business
- Yahoo
NiSource (NYSE:NI) Faces Shareholder Proposal; Company Advises to Vote Against It
NiSource recently witnessed significant shareholder engagement with a proposal for amending special meeting rules, as the management advised voters against it, highlighting potential governance tensions. Despite the broader market experiencing steep declines, including a 5% drop in the Dow, NiSource's stock managed an 8.6% gain over the last quarter. This positive movement aligns with the company's favorable net income growth reported in February. While market indices like the S&P 500 and Nasdaq suffered substantial losses, NiSource's stability in dividend payouts may have also contributed to investor optimism during a volatile period. We've identified 2 risks with NiSource (at least 1 which is significant) and understanding the impact should be part of your investment process. We've found 21 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free. Over the past five years, NiSource Inc. has achieved a total shareholder return of 93.67%. This performance contrasts with recent industry challenges but demonstrates resilience against the backdrop of broader market fluctuations. Several initiatives and developments have likely supported this remarkable growth. The company's strategic shift towards data center projects in Indiana and Virginia, implemented with AI-driven productivity enhancements, has been crucial in bolstering operational efficiencies and strengthening its competitive position. Furthermore, NiSource's robust capital plan, aiming for growth with a US$19.40 billion investment through 2029, underscores a strong commitment to future earnings expansion, despite existing regulatory and interest rate challenges. Additionally, NiSource's earnings have seen substantial growth, enhancing investor confidence. The recent elevation of key executive roles, like Shawn Anderson to CFO, reflects a focus on innovation and possibly better financial oversight. Over the past year, NiSource outperformed both the US Integrated Utilities industry and the broader market, showcasing earnings growth that exceeded peers by a significant margin. Finally, stable dividend payouts may also have played a role in maintaining shareholder optimism and trust, which combined with the performance factors, supports their impressive long-term return. According our valuation report, there's an indication that NiSource's share price might be on the expensive side. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:NI. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
