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CompBrief
Fiscal year 2025

Lloyd Yates — FY2025 total compensation $13,197,800

Lloyd Yates is President and CEO of NiSource Inc. (NI). The company reported total compensation of $13,197,800 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$1,191,667
Bonus$0
Stock awards$9,619,864
Option awards$0
Non-equity incentive plan$2,261,784
Pension and non-qualified deferred compensation$0
All other compensation$124,485
Total$13,197,800

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure NiSource Inc. filed March 30, 2026, accession 0001140361-26-011851.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025President and CEO$1,191,667$0$9,619,864$0$2,261,784$0$124,485$13,197,800
FY2023President and Chief Executive Officer$1,041,667$0$5,208,422$0$2,500,000$0$466,592$9,216,680
FY2022President and Chief Executive Officer$879,167$514,137$4,671,273$0$954,828$0$94,101$7,113,506

Totals as disclosed in each year's own compensation disclosure for NiSource Inc..

03

Peer context

Peer-group chief executive median$12,032,007
Difference from that median$1,165,793
Percentile within the disclosed peer group62nd
Peers with a disclosed figure21

Medians and percentiles are computed across the peer group NiSource Inc. discloses in its own compensation disclosure.

04

The other named executive officers of NiSource Inc.

Named executive officerRoleFY2025 total
Lloyd Yates this pagePresident and CEO$13,197,800
Michael LuhrsEVP, Technology, Customer and Chief Commercial Officer$5,296,363
Shawn AndersonEVP and CFO$3,296,423
Melody BirminghamEVP and Group President, Utilities$3,167,807
William JeffersonEVP, Chief Operating and Safety Officer$2,998,480

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full NiSource Inc. compensation brief.

05

The company page

Lloyd Yates's compensation sits inside NiSource Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The NiSource Inc. (NI) compensation brief