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NISOURCE APPOINTS KIM CUCCIA AS GENERAL COUNSEL AND CORPORATE SECRETARY

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NiSource Inc (NYSE: NI) has appointed Kim Cuccia as the new General Counsel and Corporate Secretary, effective immediately. This decision follows a nationwide search after the departure of Anne-Marie D'Angelo in late 2021. Cuccia has over 14 years of experience with NiSource, previously serving in various legal and leadership roles. Her expertise includes overseeing the legal functions for Columbia Gas companies and leading regulatory strategies. The company emphasizes its commitment to diversity, equity, and inclusion through Cuccia's recent membership in the Leadership Council on Legal Diversity.

Positive
  • Kim Cuccia's extensive experience and legal expertise in the utilities sector may strengthen the company's legal strategies.
  • Cuccia's promotion reflects internal talent development, which can enhance company morale and continuity.
Negative
  • The leadership change may raise concerns about continuity in corporate governance.

MERRILLVILLE, Ind., April 6, 2022 /PRNewswire/ -- NiSource Inc. (NYSE: NI) today announced Interim General Counsel Kim Cuccia has been appointed to the role of General Counsel and Corporate Secretary, effective immediately, after the conclusion of a nationwide search. Cuccia assumed the role of Interim General Counsel following the departure of Anne-Marie D'Angelo in late 2021.

"Kim Cuccia has an excellent legal mind and outstanding experience in the utilities sector. We are delighted to appoint her as our next General Counsel and Corporate Secretary," said NiSource President and CEO Lloyd Yates. "Throughout her 14-year career at NiSource, Kim has served the company expertly in a number of legal and leadership roles of increasing importance. Her knowledge of the business along with her demonstrated ability to thoughtfully navigate complex issues make her acutely qualified to lead the next chapter for our legal function."

Cuccia joined NiSource in November 2009, and since that time has held roles of increasing responsibility in the legal function and in business leadership. She was appointed Chief Counsel of all Columbia Gas companies and served as the lead for the deployment of the company's Safety Management System in 2018. After serving as General Counsel for Columbia Gas of Massachusetts for two years, Cuccia was appointed Vice President & Deputy General Counsel of Regulatory in 2020 - the role she held most recently prior to assuming Interim General Counsel.

"My time at NiSource has been incredibly rewarding, and I am honored to be formally appointed to role and to serve on the executive leadership team of the company," Cuccia said. "NiSource's team of legal and regulatory experts are among some of the best in the business, and I am honored to lead such an accomplished team."

Cuccia recently joined the Leadership Council on Legal Diversity (LCLD), a non-profit organization dedicated to promoting diversity in the U.S. legal profession, showcasing the company's commitment to diversity, equity and inclusion.  She earned her undergraduate degree from the University of Florida, and her Juris Doctor, Law from Valparaiso University School of Law.

About NiSource

NiSource Inc. (NYSE: NI) is one of the largest fully regulated utility companies in the United States, serving approximately 3.2 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSource's approximately 7,500 employees are focused on safely delivering reliable and affordable energy to our customers and communities we serve. NiSource is a member of the Dow Jones Sustainability Index - North America. Additional information about NiSource, its investments in modern infrastructure and systems, its commitments and its local brands can be found at www.nisource.com. Follow us at www.facebook.com/nisource, www.linkedin.com/company/nisource or www.twitter.com/nisourceinc.  

Forward-Looking Statements

This press release contains "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Investors and prospective investors should understand that many factors govern whether any forward-looking statement contained herein will be or can be realized. Any one of those factors could cause actual results to differ materially from those projected. These forward-looking statements include, but are not limited to, statements concerning our plans, strategies, objectives, expected performance, expenditures, recovery of expenditures through rates, stated on either a consolidated or segment basis, and any and all underlying assumptions and other statements that are other than statements of historical fact. Expressions of future goals and expectations and similar expressions, including "may," "will," "should," "could," "would," "aims," "seeks," "expects," "plans," "anticipates," "intends," "believes," "estimates," "predicts," "potential," "targets," "forecast," and "continue," reflecting something other than historical fact are intended to identify forward-looking statements. All forward-looking statements are based on assumptions that management believes to be reasonable; however, there can be no assurance that actual results will not differ materially.

Factors that could cause actual results to differ materially from the projections, forecasts, estimates and expectations discussed in this press release include, among other things, our ability to execute our business plan or growth strategy, including utility infrastructure investments; potential incidents and other operating risks associated with our business; our ability to adapt to, and manage costs related to, advances in technology; impacts related to our aging infrastructure; our ability to obtain sufficient insurance coverage and whether such coverage will protect us against significant losses; the success of our electric generation strategy; construction risks and natural gas costs and supply risks; fluctuations in demand from residential and commercial customers; fluctuations in the price of energy commodities and related transportation costs or an inability to obtain an adequate, reliable and cost-effective fuel supply to meet customer demands; the attraction and retention of a qualified, diverse workforce and ability to maintain good labor relations; our ability to manage new initiatives and organizational changes; the actions of activist stockholders; the performance of third-party suppliers and service providers; potential cybersecurity-attacks; increased requirements and costs related to cybersecurity; any damage to our reputation; any remaining liabilities or impact related to the sale of the Massachusetts Business; the impacts of natural disasters, potential terrorist attacks or other catastrophic events; the physical impacts of climate change and the transition to a lower carbon future; our ability to manage the financial and operational risks related to achieving our carbon emission reduction goals; our debt obligations; any changes to our credit rating or the credit rating of certain of our subsidiaries; any adverse effects related to our equity units; adverse economic and capital market conditions or increases in interest rates; economic regulation and the impact of regulatory rate reviews; our ability to obtain expected financial or regulatory outcomes; continuing and potential future impacts from the COVID-19 pandemic; economic conditions in certain industries; the reliability of customers and suppliers to fulfill their payment and contractual obligations; the ability of our subsidiaries to generate cash; pension funding obligations; potential impairments of goodwill; changes in the method for determining LIBOR and the potential replacement of the LIBOR benchmark interest rate; the outcome of legal and regulatory proceedings, investigations, incidents, claims and litigation; potential remaining liabilities related to the Greater Lawrence Incident; compliance with the agreements entered into with the U.S. Attorney's Office to settle the U.S. Attorney's Office's investigation relating to the Greater Lawrence Incident; compliance with applicable laws, regulations and tariffs; compliance with environmental laws and the costs of associated liabilities; changes in taxation; and other matters set forth in Part I, Item 1, "Business," Item 1A, "Risk Factors" and Part II, Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations," of the company's annual report on Form 10-K for the year ended December 31, 2021, some of which risks are beyond our control. In addition, the relative contributions to profitability by each business segment, and the assumptions underlying the forward-looking statements relating thereto, may change over time.

All forward-looking statements are expressly qualified in their entirety by the foregoing cautionary statements. We undertake no obligation to, and expressly disclaim any such obligation to, update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events or changes to the future results over time or otherwise, except as required by law.

FOR ADDITIONAL INFORMATION

Media

Investors


Christopher Garland

Randy Hulen

Christopher Turnure

Corporate Media Relations

VP, Investor Relations and Treasurer

Director, Investor Relations

(952) 905-6805

(219) 647-5688

(614) 404-9426

cgarland@nisource.com

rghulen@nisource.com

cturnure@nisource.com

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SOURCE NiSource Inc.

FAQ

Who is the new General Counsel of NiSource as of April 2022?

Kim Cuccia has been appointed as the new General Counsel and Corporate Secretary of NiSource effective immediately.

What was Kim Cuccia's role before becoming General Counsel at NiSource?

Before becoming General Counsel, Kim Cuccia served as the Interim General Counsel and held several legal and leadership roles within the company.

Why did NiSource appoint Kim Cuccia as General Counsel?

NiSource appointed Kim Cuccia due to her extensive experience in the utilities sector and her proven legal expertise.

What is the significance of Kim Cuccia's appointment for NiSource's future?

Cuccia's appointment is expected to strengthen the company’s legal strategies and maintain continuity during a transitional period.

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