EVP and CFO · NiSource Inc. (NI)

Shawn Anderson

A named executive officer of NiSource in every fiscal year CompBrief holds from FY2022 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$3,296,423

FY2023: $2,560,736

Compensation figures as of the proxy filed March 30, 2026 (DEF 14A).

Shawn Anderson compensation by year

NiSource Summary Compensation Table · all 3 fiscal years held
In US dollars, as NiSource reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2023FY2025
Salary$391,667$518,478$670,833
Bonus$0$0$0
Stock awards$953,324$1,137,093$1,818,069
Option awards$0$0$0
Non-equity incentive$332,901$809,798$734,563
Pension and deferred compensation$0$0$0
All other$43,408$95,367$72,958
Total$1,712,300$2,560,736$3,296,423

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NiSource Inc. DEF 14A filed March 30, 2026, accession 0001140361-26-011851, and prior-year filings. Open the filing on EDGAR.

$1.7M
$2.6M
$3.3M
FY22
FY23
FY25
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU98,845$4,127,769—
RSU73,435$3,066,660—
RSU53,217$2,222,342—
RSU37,825$1,579,592—
RSU27,500$1,148,391—
RSU11,615$485,042—
RSU8,933$373,042—
RSU7,342$306,602—
RSU3,142$131,210—

Per the Outstanding Equity Awards at Fiscal Year-End table in NiSource Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments NiSource discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Death—$5,699,097—$6,433,659
Change in control and involuntary termination$2,819,125$8,479,444$63,645$12,121,777
Disability—$5,699,097—$6,433,659
Involuntary termination without cause$675,000—$29,295$729,295

Per the Potential Payments Upon Termination or Change in Control table in NiSource Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

NiSource’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Lloyd YatesPresident and CEO$13,197,800
Michael LuhrsEVP, Technology, Customer and Chief Commercial Officer$5,296,363
Shawn Anderson · this pageEVP 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 full NiSource compensation record

free company brief

This page is one person within NiSource's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NiSource's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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