In 2023, Lloyd Yates earned $4.01M in total compensation at NiSource, including $1.04M salary and $2.50M bonus. Most recently acquired 62,598 shares in Jan 2024. Currently holds stock worth $24.89M. Has donated $314.60K in stock to charitable causes. 3+ years at the helm of NiSource.
Compensation History
Annual executive compensation data for Lloyd Yates, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$4.01M
Salary
$1.04M
Bonus
$2.50M
Other
$466.59K
Salary
$1.04MBoard Justification
The compensation philosophy is designed to attract and retain top executive talent while aligning their interests with those of the shareholders through performance-based incentives.
Bonus
$2.50MBoard Justification
The bonus is based on the company's performance metrics, resulting in a payout of $2,500,000 for the year 2023.
Other Compensation
$466.59KBoard Justification
Other compensation includes contributions to retirement plans and perquisites such as relocation assistance and personal use of company aircraft.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus is on cash compensation and performance-based bonuses.
Performance Metrics
The performance metrics include financial performance, operational excellence, and customer satisfaction, which directly influence the short-term incentive payouts.
Lloyd Yates
CEO of NiSource
Education
Not specified
Field of Expertise
Energy & Utilities - Utilities
Sector of Economy
Utilities
Born
January 1, 1962 - 63 years ago
CEO of NiSource for
3 years 9 months (Feb 2022 - Present)
Previous Experience
Executive Vice President, Customer and Delivery Operations, and President, Carolinas Region at Duke Energy Corporation
Other NiSource CEOs
Holdings
Track Lloyd Yates's stock holdings and portfolio value over time.
Total Stock Sold
$7.44M
$6.67M
82,844 DUK shares
$770.06K
6,658 MMC shares
What if they kept their stock?
If Lloyd Yates didn't sell their stock, today they would have:
Extra DUK82,844 shares worth $9.65M and MMC6,658 shares worth $1.21M.
This is 46.03% and $3.42M more than what they got when they sold the stock.
Charitable Transactions
2,700 shares
DUK
Recent Charitable Transactions
2,700 shares
DUK
Aug 26, 2014
Charity
Insider Trading
Lloyd Yates's recent stock transactions, purchases, and sales filed with the SEC.
$1.60M
NI at $25.56/share
Jan 25, 2024
Received
$1.06M
NI at $26.44/share
Aug 23, 2023
Purchase
$1.00M
NI at $27.54/share
Jan 26, 2023
Received
$899.96K
NI at $29.27/share
Jan 28, 2022
Received
$150.00K
NI at $25.33/share
May 25, 2021
Received
$766.78K
MMC at $115.17/share
Nov 13, 2020
Sale
$137.50K
NI at $23.05/share
May 19, 2020
Received
$27.12K
NI at $27.69/share
Mar 9, 2020
Received
$1.82M
DUK at $90.82/share
Aug 26, 2019
Sale
$174.97K
MMC at $95.41/share
Jun 1, 2019
Received
Rivals
Compare Lloyd Yates 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