Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
As previously disclosed by NiSource Inc. (the "Company"), the Company and Bay
State Gas Company d/b/a Columbia Gas of Massachusetts ("CMA") sold substantially
all of the assets of CMA and certain related assets to Eversource Energy, with
the transaction closing on October 9, 2020 (the "Closing").
In connection with the Closing, Carrie J. Hightman, the Company's Executive Vice
President and Chief Legal Officer, and Chief Executive Officer, CMA, stepped
down from her role as Chief Executive Officer, CMA. In addition, on October 19,
2020, it was agreed that Ms. Hightman will be departing the Company on
January 29, 2021, and her position overseeing the legal function and directing
federal government affairs will be eliminated as of such date. Anne-Marie W.
D'Angelo, the Company's Senior Vice President, General Counsel and Corporate
Secretary, will be in charge of the legal function and will serve as an
executive vice president reporting to Joseph Hamrock, the Company's President
and Chief Executive Officer, effective January 30, 2021. Ms. Hightman's
responsibilities with respect to directing federal government affairs will be
transitioned to the utilities organization upon her departure.
The Company thanks Ms. Hightman for her many years of leadership and service,
including her key role with respect to the CMA transaction and the Closing.
Due to the elimination of her position, Ms. Hightman will be eligible to receive
benefits upon her departure under the NiSource Inc. Executive Severance Policy,
the terms of which are consistent with the executive severance terms described
in the Company's Proxy Statement filed with the Securities and Exchange
Commission on April 13, 2020.
A copy of the Company's press release announcing the pending departure of
Ms. Hightman is attached hereto as Exhibit 99.1, and is incorporated herein by
reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number Description
99.1 NiSource Inc. Press Release dated October 23, 2020
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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