NiSource Announces Leadership Changes in Ohio and Indiana Subsidiaries
March 28 2024 - 8:30AM
Business Wire
Robert Heidorn Appointed President of Columbia Gas of Ohio,
Vince Parisi Named NIPSCO President
NiSource (NYSE: NI) today announced that Robert Heidorn will
replace Vince Parisi as president and chief operating officer of
Columbia Gas of Ohio. Parisi, who was previously identified as the
interim president of the Indiana-based subsidiary NIPSCO, has
formally been named president and chief operating officer of
NIPSCO.
Heidorn, a seasoned energy attorney, previously served as vice
president and deputy general counsel of Regulatory for NiSource. He
also has previous experience as general counsel and chief
compliance officer at Vectren Corporation and oversaw regulatory
matters in Indiana and Ohio for CenterPoint Energy.
“As Vince transitions his focus to Indiana, we’re thrilled
Robert will be stepping in to lead Columbia Gas of Ohio,” said
Melody Birmingham, NiSource executive vice president and group
president, NiSource utilities. “Robert’s extensive regulatory and
compliance experience will be key as we continue to ensure the
investments and enhancements we’re making in our system are being
executed in the best interest of the customers and communities we
serve.”
Parisi, who has been interim leader of the Indiana-based
subsidiary NIPSCO in addition to his role leading Columbia Gas of
Ohio, will take over permanent leadership responsibility solely in
Indiana. Parisi has extensive experience and familiarity with
electric operations and Indiana. Prior to becoming president of
Columbia Gas of Ohio in June 2020, he served as president of the
U.S. utilities for AES Corp., and president and CEO of Indianapolis
Power & Light Company and Dayton Power and Light Company. He
also served in senior leadership positions with Gas Natural Inc.
and IGS Energy.
“Vince has played a pivotal role in advancing a number of key
business priorities on behalf of our customers and the communities
we serve across Ohio, and we’re confident he’ll do the same in
northern Indiana as we cement our position at the forefront of an
industry transition into a diverse menu of energy options,”
Birmingham added.
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
Forward-Looking Statements
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the meaning of Section 27A of the Securities, and Section 21E of
the Securities Exchange Act of 1934, as amended (the “Exchange
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based on assumptions that management believes to be reasonable;
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Factors that could cause actual results to differ materially
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discussed in this press release include, among other things, our
ability to execute our business plan or growth strategy, including
utility infrastructure investments; potential incidents and other
operating risks associated with our business; our ability to work
successfully with our third-party investors; our ability to adapt
to, and manage costs related to, advances in technology, including
alternative energy sources and changes in laws and regulations; our
increased dependency on technology; impacts related to our aging
infrastructure; our ability to obtain sufficient insurance coverage
and whether such coverage will protect us against significant
losses; the success of our electric generation strategy;
construction risks and supply risks; fluctuations in demand from
residential and commercial customers; fluctuations in the price of
energy commodities and related transportation costs or an inability
to obtain an adequate, reliable and cost-effective fuel supply to
meet customer demand; our ability to attract, retain or re-skill a
qualified, diverse workforce and maintain good labor relations; our
ability to manage new initiatives and organizational changes; the
actions of activist stockholders; the performance and quality of
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cybersecurity attacks or security breaches; increased requirements
and costs related to cybersecurity; any damage to our reputation;
the impacts of natural disasters, potential terrorist attacks or
other catastrophic events; the physical impacts of climate change
and the transition to a lower carbon future; our ability to manage
the financial and operational risks related to achieving our carbon
emission reduction goals, including our Net Zero Goal (as defined
in our Annual Report on Form 10-K for the year ended December 31,
2023); our debt obligations; any changes to our credit rating or
the credit rating of certain of our subsidiaries; adverse economic
and capital market conditions, including increases in inflation or
interest rates, recession, or changes in investor sentiment;
economic regulation and the impact of regulatory rate reviews; our
ability to obtain expected financial or regulatory outcomes;
economic conditions in certain industries; the reliability of
customers and suppliers to fulfill their payment and contractual
obligations; the ability of our subsidiaries to generate cash;
pension funding obligations; potential impairments of goodwill; the
outcome of legal and regulatory proceedings, investigations,
incidents, claims and litigation; compliance with changes in, or
new interpretations of applicable laws, regulations and tariffs;
the cost of compliance with environmental laws and regulations and
the costs of associated liabilities; changes in tax laws or the
interpretation thereof; and other matters set forth in Item 1,
“Business,” Item 1A, “Risk Factors” and Part II, Item 7,
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations,” of our Annual Report on Form 10-K for the
fiscal year ended December 31, 2023, and our subsequent SEC
filings, some of which risks are beyond our control.
All forward-looking statements are expressly qualified in their
entirety by the foregoing cautionary statements. We undertake no
obligation to, and expressly disclaim any such obligation to,
update or revise any forward-looking statements to reflect changed
assumptions, the occurrence of anticipated or unanticipated events
or changes to the future results over time or otherwise, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240328560571/en/
Media Contact: Amanda Ensinger, aensinger@nisource.com
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