Michael Jesanis - NiSource Independent Director

NI Stock  USD 39.84  0.09  0.23%   

Director

Mr. Michael E. Jesanis is an Independent Director of the Company. Executive Experience Mr. Jesanis is a cofounder and, since July 2013, was Managing Director of HotZero, LLC, a firm formed to develop hot water district energy systems in New England. Mr. Jesanis has served as an advisor to several startups in energyrelated fields. From July 2004 through December 2006, Mr. Jesanis was President and CEO of National Grid USA, a natural gas and electric utility, and a subsidiary of National Grid plc, of which Mr. Jesanis was also an Executive Director. Prior to that position, Mr. Jesanis was COO and CFO of National Grid USA from January 2001 to July 2004 and CFO of its predecessor utility holding company from 1998 to 2000. Outside Board and Other Experience Mr. Jesanis previously served as a director for several electric and energy companies, including Ameresco, Inc. Mr. Jesanis is the former chair of the board of a college and a past trustee of a university. Skills and Qualifications By virtue of his former positions as President and CEO, COO and, prior thereto, CFO, of a major electric and gas utility holding company as well as his current role with an energy efficiency consulting firm, Mr. Jesanis has extensive experience with regulated utilities. He has strong financial acumen and extensive managerial experience, having led modernization efforts in the areas of operating infrastructure improvements, customer service enhancements and management team development. Mr. Jesanis also demonstrates a commitment to education as the former chair of the board of a college and a past trustee of a university. As a result of his former senior managerial roles and his nonprofit board service, Mr. Jesanis also has particular expertise with board governance issues. since 2008.
Age 63
Tenure 17 years
Address 801 East 86th Avenue, Merrillville, IN, United States, 46410
Phone877 647 5990
Webhttps://www.nisource.com
Jesanis has served as an advisor to several startups in energyrelated fields. From July 2004 through December 2006, Mr. Jesanis was President and CEO of National Grid USA, a natural gas and electric utility, and a subsidiary of National Grid plc, of which Mr. Jesanis was also an Executive Director. Prior to that position, Mr. Jesanis was COO and CFO of National Grid USA from January 2001 to July 2004 and CFO of its predecessor utility holding company from 1998 to 2000.

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. As of now, NiSource's Return On Capital Employed is decreasing as compared to previous years. The NiSource's current Return On Equity is estimated to increase to 0.65, while Return On Tangible Assets are projected to decrease to 0.02. As of now, NiSource's Non Currrent Assets Other are increasing as compared to previous years. The NiSource's current Total Current Assets is estimated to increase to about 2.3 B, while Total Assets are projected to decrease to under 19.7 B.
NiSource reports 40.4 M of total liabilities with total debt to equity ratio (D/E) of 1.34, which is normal for its line of buisiness. NiSource has a current ratio of 0.62, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for NiSource to invest in growth at high rates of return.

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NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana. NiSource operates under UtilitiesRegulated Gas classification in the United States and is traded on New York Stock Exchange. It employs 7272 people. NiSource (NI) is traded on New York Stock Exchange in USA. It is located in 801 East 86th Avenue, Merrillville, IN, United States, 46410 and employs 7,687 people. NiSource is listed under Multi-Utilities category by Fama And French industry classification.

Management Performance

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.

Currently Active Assets on Macroaxis

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NiSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in NiSource Stock please use our How to Invest in NiSource guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Multi-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.
Quarterly Earnings Growth
(0.05)
Dividend Share
1.075
Earnings Share
1.62
Revenue Per Share
12.01
Quarterly Revenue Growth
0.117
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.