NJR New Jersey Resources Corp

New Jersey Resources (NYSE:NJR) today announced the appointment of Stan Kosierowski as vice president of clean energy ventures. Mr. Kosierowski will be responsible for identifying and developing new business opportunities focused on clean and renewable energy technologies. He comes to NJR after serving as Chief Operating Officer at the New Jersey Economic Development Authority (EDA) since 2004. �As we continue to identify ways to support our state�s clean energy goals, Stan�s efforts will be important not only to the growth of our company, but also the clean energy industry,� said Laurence M. Downes, chairman and CEO of NJR. �His knowledge and extensive experience will be a strong asset to our team.� During his time at the EDA, Mr. Kosierowski was responsible for the day-to-day operations, ensuring the availability of resources to carry out strategic goals, and implementing policies, practices and procedures that allowed for maximum utilization of the authority�s assets. Prior to the EDA, Mr. Kosierowski worked for nearly 30 years at Public Service Enterprise Group (PSEG) in Newark, NJ. He held various positions of increasing responsibility in his career with the company, ultimately serving as President and Chief Executive Officer of PSEG Energy Technologies. Mr. Kosierowski holds a bachelor�s degree in mechanical engineering from the Newark College of Engineering. Additionally, he completed the Executive Development Program at The Pennsylvania State University, as well as the Program for Management Development at Harvard Business School. He has served on the Board of Trustees of Kessler Rehabilitation Institute, the Independent College Fund of New Jersey, the New Jersey Institute of Technology Alumni Foundation and as President for the Plainfield Country Club�s Board of Trustees. He currently resides in Edison. New Jersey Resources, a Fortune 1000 company, provides natural gas and clean energy services to customers in New Jersey and in states from the Gulf Coast to New England, and Canada. With over $3 billion in annual revenues, NJR safely and reliably delivers natural gas through more than 6,500 miles of main to nearly half a million customers; develops and manages a diverse portfolio of more than 740,000 dth/d of transportation capacity and nearly 27 Bcf of storage capacity; and provides appliance installation and service to approximately 150,000 homes and businesses. NJR has also made significant investments in the midstream asset sector through equity partnerships, including Steckman Ridge and Iroquois. Through Conserve to Preserve�, NJR is providing customers solutions to meet their energy needs in an environmentally responsible way. For more information about NJR, visit www.njliving.com.