NJR - New Jersey Resources Corporation

NYSE - Nasdaq Real Time Price. Currency in USD

New Jersey Resources Corporation

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

SectorUtilities
IndustryGas Utilities
Full Time Employees1,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Stephen D. WesthovenPres, CEO & Director894.68kN/A1968
Mr. Patrick J. MigliaccioSr. VP & CFO665.28kN/A1974
Ms. Nancy A. WashingtonSr. VP & Gen. Counsel580.88kN/A1964
Ms. Amanda E. MullanSr. VP & Chief HR Officer559.1kN/A1966
Ms. Jaqueline K. SheaVP & Chief Information OfficerN/AN/A1964
Amounts are as of December 31, 2018 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 538,700 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 4, 2019 is 3. The pillar scores are Audit: 1; Board: 2; 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.