Hooper to Depart NIPSCO After 13-Year Career

Rhea-AI Summary

NiSource (NI) announces the departure of NIPSCO president Mike Hooper after 13 years, who will be leading another Midwest utility company. Vince Parisi to take over as interim president, maintaining his role at Columbia Gas of Ohio. NiSource continues its electric generation transition and infrastructure modernization efforts.

MERRILLVILLE, Ind.--(BUSINESS WIRE)-- NiSource (NYSE: NI) today announced that Mike Hooper, president of their Indiana-based subsidiary NIPSCO, is departing on March 15, following a successful 13-year career with the organization. Hooper is leaving to accept an opportunity to lead another Midwest utility company.

“We thank Mike for his leadership in advancing a number of our long-term business priorities on behalf of our customers and the communities we serve across Northern Indiana,” said Melody Birmingham, NiSource executive vice president and group president utilities. “Our electric generation transition, infrastructure modernization, and other key transformation efforts are well underway, and we are well positioned for the future. We wish Mike well in his next role.”

The company also announced that Vince Parisi, president and chief operating officer of NiSource subsidiary Columbia Gas of Ohio, will take over leadership responsibilities for NIPSCO in the interim, maintaining both roles.

Parisi has extensive experience and familiarity with electric operations and Indiana. Prior to becoming president of Columbia Gas of Ohio in June 2020, Vince served as president of the U.S. utilities for AES Corp., and president and CEO of Indianapolis Power & Light Company and Dayton Power and Light Company. He also served in senior leadership positions with Gas Natural Inc. and IGS Energy. Vince earned his bachelor’s degree in economics from The Ohio State University and received his law degree and an LL.M. in taxation from Capital University in Columbus, Ohio.

“As NIPSCO continues to deliver its electric generation transition and long-term infrastructure investment plans, Vince will maintain stability and continuity to the organization to ensure continued success,” added Birmingham.

NIPSCO, with headquarters in Merrillville, Indiana, has proudly served the energy needs of northern Indiana for more than 100 years. As Indiana’s largest natural gas distribution company and the second-largest electric distribution company, NIPSCO serves approximately 859,000 natural gas and 483,000 electric customers across 32 counties.

About NiSource

NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,400 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index and is on Forbes lists of America’s Best Employers for Women and Diversity. Learn more about NiSource’s record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at www.NiSource.com. NI-F

View source version on businesswire.com: https://www.businesswire.com/news/home/20240312408676/en/

Amanda Ensinger

Corporate Media Relations

(419) 979-4334

aensinger@nisource.com

Source: NiSource

FAQ

Who is departing from NiSource?

Mike Hooper, the president of NIPSCO.

Where is NiSource headquartered?

Merrillville, Indiana.

How many years did Mike Hooper work with NiSource?

13 years.

Who will be taking over as interim president of NIPSCO?

Vince Parisi, who is also the president and COO of Columbia Gas of Ohio.

How many customers does NIPSCO serve?

Approximately 859,000 natural gas and 483,000 electric customers across 32 counties.