Executive Vice President Of NiSource Inc. (NYSE:NI) Planning Retirement


Dallas, Texas 12/30/2013 (FINANCIALSTRENDS) – As per the latest information the Executive Vice President of NiSource Inc. (NYSE:NI) Mr. Jimmy D. Staton is planning retirement very soon. He has also been working as CEO for the company and is looking after the company’s Columbia Pipeline Group CPG business. As per the news he will retire on 31st March, 2014. His retirement came after putting six years of hardwork with the company. During his six year stint he worked with complete dedication and took care of NiSource three business units and took very good initiatives which helped the company to expand its operations across the country in a smooth and easy manner.

He is seen as a very good planner and effective strategist and addressed different legacy issues, took customer service to new level, stakeholder relationships were improved and also helped the company to establish robust and sustainable platforms for an effective and long term growth. In the mean time it is business as usual at the NiSource and with a clear defined goals and targets the company is planning to move ahead with full steam.

Overview of NiSource Inc. (NYSE:NI)

NiSource is a company that is based in Merrillville and is a Fortune 500 company that is engaged in natural gas storage, transportation and distribution. The company is also involved in the electric generation, distribution and transmission. As per the recent estimates NiSource delivers energy solution to almost 3.8 million customers most of them are located within the high demand energy corridor that stretches between the Gulf Coast through the Midwest and up till New England.

Many industry analysts and investment firms are bullish about the NiSource and are of view that the company will keep performing well in the coming quarters. The share price is expected to witness a good hike in the coming months.

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