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New Jersey Resources Corporation (NJR)

NYSE - NYSE Delayed Price. Currency in USD
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45.36+0.45 (+1.00%)
At close: 04:00PM EDT
45.36 -0.02 (-0.04%)
After hours: 04:01PM EDT
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New Jersey Resources Corporation

1415 Wyckoff Road
Wall, NJ 07719
United States
732 938 1000
https://www.njresources.com

Sector(s)Utilities
IndustryUtilities—Regulated Gas
Full Time Employees1,200

Key Executives

NameTitlePayExercisedYear Born
Mr. Stephen D. WesthovenPres, CEO & Director2.18MN/A1968
Ms. Amanda E. MullanSr. VP & Chief HR Officer627.05kN/A1966
Mr. Patrick J. MigliaccioSr. VP & COO of New Jersey Natural Gas849.6kN/A1974
Ms. Amy CradicSr. VP and COO of Non-Utility Bus.es, Strategy & External Affairs689.55kN/A1972
Mr. Roberto F. BelSr. VP and CFON/AN/A1973
Ms. Jacqueline K. SheaVP & Chief Information OfficerN/AN/A1964
Mr. Richard ReichSr. VP, Gen. Counsel & Corp. Sec.N/AN/A1975
Mr. Robert PohlmanVP of Strategy, Communications, Gov. Relations & PolicyN/AN/AN/A
Mr. David JohnsonVP of Corp. Bus. Devel.N/AN/A1969
Mr. Glenn C. LockwoodExec. VPN/AN/A1961
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

Corporate Governance

New Jersey Resources Corporation’s ISS Governance QualityScore as of May 1, 2022 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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