The estimated Net Worth of Eric L Butler is at least $7.32 Million dollars as of 25 May 2021. Mr. Butler owns over 10,000 units of NiSource Inc stock worth over $1,379,282 and over the last 12 years he sold NI stock worth over $5,688,516. In addition, he makes $248,011 as Independent Director at NiSource Inc.
Eric has made over 12 trades of the NiSource Inc stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of NI stock worth $253,700 on 25 May 2021.
The largest trade he's ever made was exercising 36,942 units of NiSource Inc stock on 3 November 2017 worth over $2,316,633. On average, Eric trades about 5,068 units every 74 days since 2012. As of 25 May 2021 he still owns at least 41,099 units of NiSource Inc stock.
You can see the complete history of Mr. Butler stock trades at the bottom of the page.
Eric L. Butler serves as Independent Director of the Company. Mr. Butler currently is President and CEO of Aswani-Butler Investment Associates, a private equity investment firm. Previously he served in a number of executive leadership roles at Union Pacific Corporation (“Union Pacific”), a transportation company located in Omaha, Nebraska, until his retirement in February 2018. He began his career at Union Pacific in 1985 and held leadership roles in financial planning and analysis and in marketing, sales and commercial, including as Executive Vice President and Chief Marketing Officer from March 2012 to December 2016. He also held leadership roles in supply, procurement and purchasing, including as Vice President and General Manager – Industrial Products from April 2005 to March 2012. Most recently, he was Senior Vice President of Union Pacific from December 2017, Executive Vice President and Chief Administrative Officer from December 2016 through November 2017, and Corporate Secretary from February 2017 through November 2017. Mr. Butler was appointed to the Federal Reserve Bank of Kansas City’s Omaha Branch Board in 2015 and, in 2018, was elected chairman. Additionally, he serves on the board of the Omaha Airport Authority, which he joined in 2007. Mr. Butler developed and led strategic and financial planning, marketing, sales, commercial; and supply, procurement and purchasing for one of the largest transportation companies in the world, Union Pacific. He most recently led the corporate governance, human resources, labor relations and administration functions at Union Pacific. His knowledge of the railroad transportation industry and the challenges in maintaining top-tier safety, customer service and risk management standards while providing an important part of the nation’s infrastructure provides him with unique skills and insights that are valuable to the Board. In addition, he has experience in the purchase of fuel and energy materials and equipment.
As the Independent Director of NiSource Inc, the total compensation of Eric Butler at NiSource Inc is $248,011. There are 14 executives at NiSource Inc getting paid more, with Joseph Hamrock having the highest compensation of $6,628,690.
Eric Butler is 59, he's been the Independent Director of NiSource Inc since 2017. There are 7 older and 18 younger executives at NiSource Inc. The oldest executive at NiSource Inc is Aristides Candris, 68, who is the Independent Director.
Over the last 21 years, insiders at NiSource Inc have traded over $46,521,448 worth of NiSource Inc stock and bought 330,759 units worth $6,546,750 . The most active insiders traders include John Wendell Thompson, Peter Altabef, and Richard A Abdoo. On average, NiSource Inc executives and independent directors trade stock every 40 days with the average trade being worth of $562,398. The most recent stock trade was executed by Shawn Anderson on 21 August 2024, trading 6,730 units of NI stock currently worth $216,975.
nisource (nyse: ni) helps energize the lives of its nearly 4 million natural gas and electric customers across seven states. our local utilities – columbia gas and nipsco – ensure that customers receive safe, reliable and affordable natural gas and electric service each and every day. our business plan is focused on proactively investing in our energy infrastructure – approximately $1.4 billion a year – to ensure we meet and improve upon our customer commitments for the next 100 years. we employ more than 7,000 of our neighbors who are actively engaged in the communities we’re privileged to serve, making them great places to live and call home. nisource is headquartered in merrillville, indiana – about 35 miles from chicago – and we maintain a significant corporate presence in columbus, ohio. our utility operations also span kentucky, maryland, massachusetts, pennsylvania and virginia.
NiSource Inc executives and other stock owners filed with the SEC include: