In 2022, Joe Hamrock earned $3.72M in total compensation at NiSource, including $600.83K salary and $3.05M in stock. Most recently acquired 77,268 shares in Feb 2021. Currently holds stock worth $23.33M. Has donated $5.21M in stock to charitable causes. Led NiSource as CEO for 6 years.
Compensation History
Annual executive compensation data for Joe Hamrock, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$3.72M
Salary
$600.83K
Bonus
$0.00
Other
$71.25K
Salary
$600.83KBoard Justification
The compensation philosophy aims to attract and retain top talent while aligning executive compensation with company performance and shareholder value.
Bonus
$0.00Board Justification
No bonus was awarded for 2022 due to retirement.
Other Compensation
$71.25KBoard Justification
Includes contributions to 401(k) and Savings Restoration Plan, and perquisites.
Restricted Stock
Board Justification
111,235 shares of RSUs vested upon retirement on February 14, 2022.
Performance Metrics
Performance metrics included financial goals based on Net Operating Earnings per Share (NOEPS) and safety performance measures.
Joe Hamrock
Ex-CEO of NiSource
Education
Not specified
Field of Expertise
Energy & Utilities - Utilities
Sector of Economy
Utilities
Born
January 1, 1960 - 65 years ago
CEO of NiSource for
6 years 3 months (Nov 2015 - Feb 2022)
Previous Experience
Executive Vice President, Customer and Delivery Operations, and President, Carolinas Region at Duke Energy Corporation
Other NiSource CEOs
Holdings
Track Joe Hamrock's stock holdings and portfolio value over time.
Charitable Transactions
123,962.502 shares
NI
Recent Charitable Transactions
40,000 shares
NI
Sep 3, 2021
Charity
22,000 shares
NI
Nov 24, 2020
Charity
17,100 shares
NI
Aug 30, 2019
Charity
16,662.502 shares
NI
Aug 8, 2018
Charity
19,825 shares
NI
May 24, 2017
Charity
8,375 shares
NI
Sep 8, 2016
Charity
Insider Trading
Joe Hamrock's recent stock transactions, purchases, and sales filed with the SEC.
40,000 shares
NI
Sep 3, 2021
Charity
$1.67M
NI at $21.60/share
Feb 26, 2021
Received
$960.03K
NI at $22.15/share
Jan 29, 2021
Received
22,000 shares
NI
Nov 24, 2020
Charity
$3.68M
NI at $27.02/share
Feb 28, 2020
Received
$880.00K
NI at $29.31/share
Jan 31, 2020
Received
17,100 shares
NI
Aug 30, 2019
Charity
$3.85M
NI at $26.98/share
Feb 28, 2019
Received
$860.01K
NI at $26.79/share
Feb 1, 2019
Received
16,662.502 shares
NI
Aug 8, 2018
Charity
Rivals
Compare Joe Hamrock with competitor CEOs and industry peers.
Steven E. Strah
CEO of FirstEnergy
2021 Compensation
Stock
$0.00
Salary
$1.08M
Bonus
$0.00
Other
$29.11K
Total Holdings
$283.79K
Timothy Cawley
CEO of Consolidated Edison
2023 Compensation
Stock
$11.43M
Salary
$1.35M
Bonus
$2.26M
Other
$79.60K
Total Holdings
$3.07M
Lawrence Coben
CEO of NRG Energy
2023 Compensation
Stock
$12.64M
Salary
$100.00K
Bonus
$0.00
Other
$489.03K
Total Holdings
$2.70M
Andrew S. Marsh
CEO of Entergy
2022 Compensation
Stock
$0.00
Salary
$1.10M
Bonus
$0.00
Other
$106.56K
Total Holdings
$367.63K