Activist investor Elliott Management has backed NiSources’ decision to appoint a new chief executive officer (CEO) having revealed a stake in the US utility company, according to Reuters.
Activist investor Elliott Management has backed NiSources’ decision to appoint a new chief executive officer (CEO) having revealed a stake in the US utility company, according to Reuters.
The company on last week named Lloyd Yates as its CEO with Joe Hamrock announcing his retirement after nearly a decade at NiSource.
Yates, who will take over on 14 February most recently served as executive vice president of customer and delivery operations, and president of Duke Energy Corp’s Carolinas region.
