Shareowners Elect Five Directors at the 2026 New Jersey Resources Annual Meeting
At the 2026 Annual Meeting of New Jersey Resources (NYSE:NJR) held virtually today, shareowners elected Jane M. Kenny, Amy B. Mansue, Sharon C. Taylor, Stephen D. Westhoven and Willian T. Yardley to NJR's Board of Directors each for a three-year term that will expire in 2029.
"We have an exceptional group of directors whose expertise and vision drives our growth strategy," said Steve Westhoven, President and CEO of New Jersey Resources. "I appreciate our shareowners' support for our directors, including me, and I look forward to working with Jane, Amy, Sharon and Bill and the rest of the Board to honor that confidence by continuing to deliver long-term value."
Also at the Annual Meeting, Donald L. Correll, a longstanding member and Chair of NJR's Board, retired after 17 years of dedicated service. Thomas C. O'Connor will succeed Mr. Correll as Board Chair.
Mr. Correll joined NJR's Board of Directors in 2008 and was a member of the Audit and Leadership Development and Compensation Committees and Chair of the Executive Committee. In 2020, he was named Chair of the Board and served with distinction throughout his tenure.
"I want to thank Don for the insight, sound judgement and candor he brought to our Board," Mr. Westhoven said. "As Board Chair, his strong and steady leadership, coupled with thoughtful strategic guidance, was instrumental to NJR's growth and success to date. We are a better, stronger company today because of his contributions."
"With his deep industry expertise and leadership experience, Tom has been an outstanding member of the Board since he was elected in 2017," Westhoven continued. "As he takes on the role of Chair, I look forward to our work together to continue to grow our business for the future."
In other business, shareowners approved a non-binding advisory resolution on the compensation of NJR's named executive officers, as well as the proposed 2026 Stock Award and Incentive Plan, and ratified the appointment of Deloitte & Touche LLP as its independent registered public accounting firm for the fiscal year ending September 30, 2026.
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 customers in New Jersey's Monmouth, Ocean, Morris, Middlesex, Sussex and Burlington counties.
Clean Energy Ventures invests in, owns and operates solar projects, providing 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®.
For more information about NJR:
www.njresources.com.
Follow us on X.com (Twitter) @NJNaturalGas.
"Like" us on facebook.com/NewJerseyNaturalGas.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260121910207/en/
Media Contact:
Mike Kinney
732-938-1031
[email protected]
Investor Contact:
Adam Prior
732-938-1145
[email protected]