New Jersey Resources Corporation (NJR)

42.04 -0.07 (-0.17%) At close: 3:59PM EDT

New Jersey Resources Corporation

1415 Wyckoff Road
Wall
Monmouth County, NJ 07719
United States
732-938-1000
http://www.njresources.com

Sector(s): Utilities
Industry: Utilities—Regulated Gas
Full Time Employees: 1,200

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Stephen D. Westhoven	Pres, CEO & Director	1.71M	N/A	1968
Mr. Patrick J. Migliaccio	Sr. VP & CFO	711.96k	N/A	1974
Ms. Nancy A. Washington	Sr. VP & Gen. Counsel	593.9k	N/A	1964
Ms. Amanda E. Mullan	Sr. VP & Chief HR Officer	544.17k	N/A	1966
Ms. Amy Cradic	Sr. VP and COO of Non-Utility Bus.es, Strategy & External Affairs	543.73k	N/A	1971
Ms. Jacqueline K. Shea	VP & Chief Information Officer	N/A	N/A	1964
Mr. Roberto F. Bel	VP of Treasury & Investor Relations	N/A	N/A	1973
Mr. David Johnson	VP of Corp. Bus. Devel.	N/A	N/A	1969
Mr. Glenn C. Lockwood	Exec. VP	N/A	N/A	1961
Mr. Richard Reich	Corp. Sec. & Assistant Gen. Counsel	N/A	N/A	1974

Amounts are as of December 31, 2020 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 retail natural gas services to approximately 558,000 residential and commercial customers in central and northern New Jersey; provides 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 located in New Jersey, Connecticut, and Rhode Island. The Energy Services segment provides 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. The company offers heating, ventilation, and cooling services; holds commercial real estate properties; and provides solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. New Jersey Resources Corporation was incorporated in 1981 and is based in Monmouth, New Jersey.

Corporate Governance

New Jersey Resources Corporation’s ISS Governance QualityScore as of April 1, 2021 is 1. The pillar scores are Audit: 1; 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.