Kevin Kabat - NiSource Independent Chairman of the Board
NI Stock | USD 39.57 0.29 0.74% |
Chairman
Mr. Kevin T. Kabat was appointed as Chairman of the Board of the company, Effective May 07, 2019. Executive Experience From April 2007 to November 2015, Mr. Kabat was CEO of Fifth Third Bancorp, a bank holding company. He continued to serve as Vice Chairman of the board of directors of Fifth Third Bancorp until his retirement in April 2016. Before becoming CEO, he served as Fifth Third Bancorps President from June 2006 to September 2012 and as Executive Vice President from December 2003 to June 2006. Additionally, he was previously President and CEO of Fifth Third Bank . Prior to that position, he was Vice Chairman and President of Old Kent Bank, which was acquired by Fifth Third Bancorp in 2001. Outside Board and Other Experience Mr. Kabat was a director of Unum Group since 2008 and is currently chairman of the board and chair of its governance committee. In 2016, Mr. Kabat became the lead independent director of ETrade Financial Corporation and is a member of its bank board and its compensation and governance committees. He has also held leadership positions on the boards and committees of local business, educational, cultural and charitable organizations and campaigns. Skills and Qualifications Mr. Kabat has significant leadership experience as a CEO in a regulated industry at a public company. As a result, he has a deep understanding of operating in a regulatory environment and balancing the interests of many stakeholders. His extensive experience in strategic planning, risk management, financial reporting, internal controls and capital markets makes him an asset to the Board, as he is able to provide unique strategic insight, financial expertise and risk management skills. In addition, he has broad corporate governance skills and perspective gained from his service in leadership positions on the boards of other publicly traded companies. since 2019.
Age | 63 |
Tenure | 6 years |
Phone | 877 647 5990 |
Web | https://www.nisource.com |
NiSource Management Efficiency
The company has Return on Asset (ROA) of 0.0289 % which means that for every $100 of assets, it generated a profit of $0.0289. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0812 %, which means that it produced $0.0812 on every 100 dollars invested by current stockholders. NiSource's management efficiency ratios could be used to measure how well NiSource manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
Return On Equity | 0.0812 | ||||
Return On Asset | 0.0289 |
NiSource Leadership Team
Elected by the shareholders, the NiSource's board of directors comprises two types of representatives: NiSource inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NiSource. The board's role is to monitor NiSource's management team and ensure that shareholders' interests are well served. NiSource's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NiSource's outside directors are responsible for providing unbiased perspectives on the board's policies.
Aristides Candris, Independent Director | ||
Peter Altabef, Independent Director | ||
William Johnson, Independent Director | ||
Jennifer Montague, President Virginia | ||
Kenneth Keener, Chief Human Resource Officer, Senior Vice President | ||
Deborah Henretta, Independent Director | ||
AnneMarie DAngelo, Executive Vice President General Counsel, Company Secretary | ||
Cassandra Lee, Director | ||
Kevin Kabat, Independent Chairman of the Board | ||
Carrie Hightman, Chief Legal Officer, Executive Vice President | ||
Theodore Bunting, Independent Director | ||
Gunnar Gode, Chief Accounting Officer, Vice President Controller | ||
Charles Bankston, VP Officer | ||
Christopher Garland, VP Officer | ||
Sondra Barbour, Director | ||
Charles Shafer, Senior Vice President and Chief Safety Officer | ||
Kimra Cole, President Kentucky | ||
Pablo Vegas, Executive Vice President and President Columbia Gas Group | ||
Michael Jesanis, Independent Director | ||
Shawn Anderson, Senior Vice President and Chief Strategy and Risk Office | ||
Kim Cuccia, Vice President Interim General Counsel | ||
Violet Sistovaris, Executive Vice President and President - NIPSCO | ||
Deborah Hersman, Independent Director | ||
Joseph Hamrock, CEO and President and Member of The Board of Directors | ||
Lloyd Yates, President, Chief Executive Officer, Director | ||
Melanie Berman, Chief Administration | ||
Wayne DeVeydt, Independent Director | ||
Vince Parisi, President Ohio | ||
Randy Hulen, Vice President - Investor Relations, Treasurer | ||
Melody Birmingham, Executive Utilities | ||
Mark Kempic, President Maryland | ||
William Jefferson, Executive Officer | ||
Michael Luhrs, Executive Officer | ||
Suzanne Surface, Chief Services Officer of NiSource | ||
Robert Heidorn, President Ohio | ||
Michael Hooper, President NIPSCO | ||
Donald Brown, Chief Financial Officer, Executive Vice President, Chief Accounting Officer, Controller | ||
Eric Butler, Independent Director | ||
Vincent Parisi, President NIPSCO | ||
Carolyn Woo, Independent Director | ||
Peter Disser, Chief Operating Officer, Vice President - Internal Audit, | ||
Kimberly Cuccia, General VP |
NiSource Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NiSource a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.0812 | ||||
Return On Asset | 0.0289 | ||||
Profit Margin | 0.14 % | ||||
Operating Margin | 0.26 % | ||||
Current Valuation | 32.26 B | ||||
Shares Outstanding | 469.94 M | ||||
Shares Owned By Insiders | 0.19 % | ||||
Shares Owned By Institutions | 98.31 % | ||||
Number Of Shares Shorted | 9.35 M | ||||
Price To Earning | 17.24 X |
Currently Active Assets on Macroaxis
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Is Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NiSource. If investors know NiSource will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NiSource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NiSource is measured differently than its book value, which is the value of NiSource that is recorded on the company's balance sheet. Investors also form their own opinion of NiSource's value that differs from its market value or its book value, called intrinsic value, which is NiSource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NiSource's market value can be influenced by many factors that don't directly affect NiSource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NiSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if NiSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NiSource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.