Aristides S. Candris Departs from the Board After 12 Years of Service
March 19 2024 - 4:15PM
Business Wire
NiSource Inc. (NYSE: NI) today announced Aristides S. Candris,
who has served as a director since 2012, has retired from the
NiSource Board, and that it has appointed John McAvoy to its Board
of Directors, effective immediately.
"We are pleased with the appointment of John McAvoy and the deep
utility operational expertise he brings to the Board," said
NiSource Board Chair Kevin T. Kabat. "John also possesses
substantial experience in executive leadership, finance,
engineering, and operations that will be invaluable assets to our
Board and the company."
Kabat added, "On behalf of the entire Board, I would like to
thank Aris for his leadership and direction to NiSource. We have
benefitted from his guidance during his tenure and are incredibly
thankful for his dedication to NiSource, including his commitment
to safety and supporting NiSource’s 2022 achievement confirming
certification in the American Petroleum Institute’s Recommended
Practice 1173 for its Safety Management System (SMS), making
NiSource the second entity in the world to achieve this
distinction."
Mr. McAvoy most recently served as President and Chief Executive
Officer of Consolidated Edison, Inc. (“ConEdison”) and Chief
Executive Officer of Consolidated Edison Company of New York, Inc.
(“ConEdison of New York”) from December 2013 through December 28,
2020. He continued to serve as director of ConEdison until his
retirement in May 2023 after forty-three years of experience with
ConEdison, including serving as Non-executive Chairman of the Board
of ConEdison and the Board of ConEdison of New York from January
2021 until December 2021 as well as Chairman of the Board of
ConEdison and ConEdison of New York from May 2014 until December
2020.
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 7,400 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
www.NiSource.com. NI-F
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version on businesswire.com: https://www.businesswire.com/news/home/20240319694167/en/
Media Kevin T. Livingston
External Corporate Communications (380) 268-3960
klivingston@nisource.com
Investors Christopher
Turnure Director, Investor Relations (614) 404-9426
cturnure@nisource.com
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