Shareowners Elect Five Directors at New Jersey Resources’ 68th Annual Meeting
January 20 2021 - 1:28PM
Business Wire
New Jersey Resources (NYSE: NJR) today hosted its 68th Annual
Shareowners Meeting. Due to the COVID-19 pandemic, the meeting was
held virtually. By an overwhelming majority, shareowners elected M.
William Howard for a one-year term that will expire in 2022 and
re-elected Donald L. Correll, James H. DeGraffenreidt Jr., M. Susan
Hardwick and George R. Zoffinger, for three-year terms that will
expire in 2024.
“We have an exceptional board of directors, whose extensive
expertise continues to serve our customers, company and shareowners
well. With the strong leadership of our board and dedication of our
team, NJR is well positioned for long-term growth in a clean energy
future,” said Steve Westhoven, President and Chief Executive
Officer of New Jersey Resources. “I appreciate the trust our
shareowners have placed in our company, and we will continue to
work hard to reward their confidence with our performance.”
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, 2021.
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 over 7,500 miles of natural gas transportation and
distribution infrastructure to serve over half a million customers
in New Jersey’s Monmouth, Ocean, Morris, Middlesex and Burlington
counties.
- NJR Clean Energy Ventures invests in, owns and operates solar
projects with a total capacity of 357 megawatts, providing
residential and commercial customers with low-carbon
solutions.
- NJR 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 & 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 Project, as well as our 50 percent equity
ownership in the Steckman Ridge natural gas storage facility, and
our 20 percent equity interest in the PennEast Pipeline
Project.
- NJR 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 nearly 1,200 employees are committed to helping
customers save energy and money by promoting conservation and
encouraging efficiency through Conserve to Preserve® and
initiatives such as The SAVEGREEN Project® and The Sunlight
Advantage®. For more information about NJR:
www.njresources.com.
Follow us on Twitter @NJNaturalGas. “Like” us on
facebook.com/NewJerseyNaturalGas.
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version on businesswire.com: https://www.businesswire.com/news/home/20210120005634/en/
Media Contact: Michael Kinney 732-938-1031
mkinney@njresources.com
Investor Contact: Dennis Puma 732-938-1229
dpuma@njresources.com
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