NiSource appoints John McAvoy to board as Aristides Candris retires from it
NiSource said director Aristides S. Candris retired from its board effective March 19, 2024, and that the board appointed John McAvoy as a director the same day. The company said Candris's retirement was not due to any disagreement on its operations, policies or practices, so the change is a board succession event rather than a sign of internal dispute.
- Aristides S. Candris retired from the board effective March 19, 2024, after serving as a director since 2012
- John McAvoy, 63, was appointed a director effective March 19, 2024, and will stand for election at the 2024 Annual Meeting
- McAvoy will join the Compensation and Human Capital Committee and the Safety, Operations, Regulatory and Policy Committee
- McAvoy will receive an annualized director retainer of $275,000, including $110,000 in cash and restricted stock units valued at $165,000