New Jersey Resources Corporation (NJR)

29.55 +0.15 (+0.51%) At close: 4:00PM EDT

New Jersey Resources Corporation

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

Sector(s): Utilities
Industry: Utilities—Regulated Gas
Full Time Employees: 1,100

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Stephen D. Westhoven	Pres, CEO & Director	977k	N/A	1968
Mr. Patrick J. Migliaccio	Sr. VP & CFO	659.25k	N/A	1974
Ms. Nancy A. Washington	Sr. VP & Gen. Counsel	592.79k	N/A	1964
Ms. Amanda E. Mullan	Sr. VP & Chief HR Officer	538.04k	N/A	1966
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. Glenn C. Lockwood	Exec. VP	N/A	N/A	1961
Mr. Richard Reich	Corp. Sec. & Assistant Gen. Counsel	N/A	N/A	1975
Ms. Rhonda M. Figueroa	Corp. Diversity Officer	N/A	N/A	1959
Mr. Dennis R. Puma	Director of Investor Relations	N/A	N/A	N/A

Amounts are as of December 31, 2019 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 Midstream segments. The Natural Gas Distribution segment offers regulated retail natural gas services to approximately 547,600 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 commercial and residential solar projects located in New Jersey; and onshore wind projects. 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 Midstream 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 founded in 1922 and is based in Wall, New Jersey.

Corporate Governance

New Jersey Resources Corporation’s ISS Governance QualityScore as of October 6, 2020 is 2. 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.