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AI brief of an SEC Form 8-K · NiSource (NI)

NiSource appoints John McAvoy to board as Aristides Candris retires from it

Neutral Impact 2 of 5 leadership Written later

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.

Key points

  • 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

The filing

CompanyNiSource (NI)
Form8-K, current report
Filed with the SECMar 19, 2024, 4:29 PM ET
Accession number0001193125-24-071351

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 19, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.