JimmyJames

#BlackAmerican News 📰 As Gary, Indiana one of America's Blackest cities—faces the ongoing repercussions of a historic power crisis, an examination of compensation at the top of NIPSCO’s corporate structure raises important questions. NiSource President and CEO Lloyd Yates* who is Black, received approximately $13.2 million in total compensation for 2025, according to the company's SEC filings. Here's the breakdown: - Salary: $1.19 million - Stock Awards: $9.62 million - Non-Equity Incentive Compensation:$2.26 million - Other Compensation: About $124,000 For context, Yates earned around $12.78 million in total compensation in 2024. It's crucial to note that Yates is CEO of NiSource, the parent company of NIPSCO, which is led by President and COO Vince Parisi . While Yates is not directly responsible for the storms, flooding, or the resulting infrastructure damage, the issue of executive compensation becomes pressing when utility customers are enduring a historic outage. Gary, being a majority-Black city, has residents grappling with power outages, flooding, property damage, and spoiled food—the ripple effects of this disaster. This raises a critical question: When a utility company can afford to compensate its CEO at this level, what expectations should customers have for investment, preparation, and accountability during crises? For more information, check out the source: [NiSource 2026 Proxy Statement](nisource.com) #GaryIndiana #KushNation🔴🔱⚫️#BlackExcellence #CommunityResilience #UtilityAccountability