New Jersey Resources Hosts 71st Annual Meeting
24 Januar 2024 - 4:45PM
Business Wire
Shareowners Elect Four Directors
New Jersey Resources (NYSE: NJR), today hosted its 71st Annual
Shareowners Meeting. At the virtual meeting, shareowners elected
Donald L. Correll, James H. DeGraffenreidt Jr., M. Susan Hardwick
and Peter C. Harvey to NJR’s board of directors each for a
three-year term that will expire in 2027.
“I appreciate our shareowners' overwhelming support for our
directors and confidence in our company,” said Steve Westhoven,
President and CEO of New Jersey Resources. “With the strong
expertise of our board, we remain committed to executing on our
growth strategy and delivering long-term value for our
shareowners.”
Also at the meeting, NJR’s longest serving independent director
George R. Zoffinger retired from the board.
Highly regarded for his leadership and extensive experience in
business and government affairs, Mr. Zoffinger joined NJR’s board
on May 9, 1996. During his tenure, he served as a member of the
Audit Committee and Leadership Development and Compensation
Committee, as well as Chair of the Nominating/Corporate Governance
Committee, and contributed the growth and success of NJR.
“I would like to thank George for his candor, counsel and
contributions to our board and our company,” Mr. Westhoven said.
“For 27 years, he served with distinction and helped make New
Jersey Resources a better, stronger company.”
In other business, shareowners approved a non-binding advisory
resolution on the compensation of NJR’s named executive officers
and ratified the appointment of Deloitte & Touche LLP as its
independent registered public accounting firm for the fiscal year
ending September 30, 2024.
About New Jersey Resources
New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that,
through its subsidiaries, provides safe and reliable natural gas
and clean energy services, including transportation, distribution,
asset management and home services. NJR is composed of five primary
businesses:
- New Jersey Natural Gas, NJR’s principal subsidiary,
operates and maintains natural gas transportation and distribution
infrastructure to serve nearly 576,000 customers in New Jersey’s
Monmouth, Ocean and parts of Morris, Middlesex, Sussex and
Burlington counties.
- Clean Energy Ventures invests in, owns and operates
solar projects with a total capacity of approximately 469
megawatts, providing residential and commercial customers with
low-carbon solutions.
- Energy Services manages a diversified portfolio of
natural gas transportation and storage assets and provides physical
natural gas services and customized energy solutions to its
customers across North America.
- Storage and Transportation serves customers from local
distributors and producers to electric generators and wholesale
marketers through its ownership of Leaf River Energy Center and the
Adelphia Gateway Pipeline, as well as our 50% equity ownership in
the Steckman Ridge natural gas storage facility.
- Home Services provides service contracts as well as
heating, central air conditioning, water heaters, standby
generators, solar and other indoor and outdoor comfort products to
residential homes throughout New Jersey.
NJR and its over 1,300 employees are committed to helping
customers save energy and money by promoting conservation and
encouraging efficiency through Conserve to Preserve® and
initiatives such as SAVEGREEN™ and The Sunlight Advantage®.
For more information about NJR: www.njresources.com
Follow us on X (formerly Twitter) @NJNaturalGas. “Like” us on
facebook.com/NewJerseyNaturalGas.
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version on businesswire.com: https://www.businesswire.com/news/home/20240124506526/en/
Media: Mike Kinney 732-938-1031
mkinney@njresources.com
Investors: Adam Prior 732-938-1145
aprior@njresources.com
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