New Jersey Resources Hosts 69th Annual Meeting; Shareowners Elect Three Directors
January 26 2022 - 12:43PM
Business Wire
New Jersey Resources (NYSE: NJR), today hosted its 69th Annual
Shareowners Meeting. Due to the ongoing COVID-19 pandemic, the
meeting was held virtually. By an overwhelming majority,
shareowners re-elected Gregory E. Aliff, Robert B. Evans and Thomas
C. O’Connor to the board of directors for three-year terms that
will expire in 2025.
“We have an exceptional board of directors whose expertise
continues to serve our customers, company and shareowners well,”
said Steve Westhoven, president and CEO of New Jersey Resources.
“With the strong leadership of our board and dedication of our
team, NJR is well positioned to reward the confidence our
shareowners have placed in New Jersey Resources, execute our
strategy for long-term growth and lead the way to a clean energy
future.”
Following the meeting, Dr. M. William Howard, Jr. retired from
NJR’s board. Dr. Howard joined the board in 2005, and served as a
member of the Financial Policy, Executive, Leadership Development
and Compensation and Nominating/Corporate Governance Committees
over his 16 years as a director.
“A man of intelligence, integrity and faith, we are grateful for
Dr. Howard’s wise counsel and many contributions to our board,” Mr.
Westhoven said. “He served New Jersey Resources with distinction –
never losing sight of the impact our work has on others – and
helped make us 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, 2022.
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 7,600 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 capacity of more than 365 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.
- 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 more than 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/20220126005801/en/
Media: Michael Kinney 732-938-1031
mkinney@njresources.com
Investors: Dennis Puma 732-938-1229
dpuma@njresources.com
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