N J Resources (NYSE:NJR)
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1 Year : From Sep 2017 to Sep 2018
Stephen Westhoven Named Executive Vice President and Chief Operating
New Jersey Resources (NYSE:NJR) today named Stephen Westhoven executive
vice president and chief operating officer (COO).
In this role Mr. Westhoven reports to Chairman and CEO Laurence M.
Downes, and will be responsible for providing operational leadership and
management to NJR’s regulated and unregulated businesses, including New
Jersey Natural Gas (NJNG), NJR Energy Services (NJRES), NJR Clean Energy
Ventures (NJRCEV) and NJR Home Services (NJRHS).
Throughout his nearly three decades at NJR, Mr. Westhoven has held key
leadership positions and assumed progressive responsibilities
culminating in today’s appointment to COO. He began his career in 1990
as an engineer at NJNG. After serving as vice president at NJRES, where
he successfully advanced the company’s wholesale energy strategy and
expanded its footprint across the United States and Canada, he was named
senior vice president and COO of NJR’s unregulated businesses, NJRES,
NJRCEV and NJRHS.
“As an energy infrastructure and services company focused on natural
gas, clean energy and energy efficiency, New Jersey Resources is
strategically positioned to meet the needs of our customers and the
expectations of our shareowners,” said Laurence M. Downes, chairman and
CEO of New Jersey Resources. “With his extensive industry experience,
Steve possesses the insights, understanding and proven abilities that
will serve him well as COO. We have a strong leadership team that will
continue to build on our solid foundation to deliver performance.”
Additionally, Mark Valori was named vice president of NJRCEV, and Dave
Johnson was named vice president of NJRES, effective immediately. Mr.
Valori joined NJRCEV in 2010 and is responsible for executing its
business plan, including the engineering, construction and
implementation of its commercial solar projects. Mr. Johnson joined
NJRES in 2002, where he oversees the development of the wholesale
marketing and deal origination business and has played a key role in
building NJR’s Midstream business.
“Both Mark and Dave are valuable members of our team,” Downes said.
“Their contributions have been, and will continue to be, instrumental to
the growth of our business and establishing NJR as a leader in the
wholesale and renewable energy marketplace.”
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 primary businesses:
New Jersey Natural Gas, NJR’s principal subsidiary, operates
and maintains over 7,300 miles of natural gas transportation and
distribution infrastructure to serve over half a million customers in
New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex and
NJR Clean Energy Ventures invests in, owns and operates solar
and onshore wind projects with a total capacity of more than 300
megawatts, providing residential and commercial customers with
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
NJR Midstream serves customers from local distributors and
producers to electric generators and wholesale marketers through its
50 percent equity ownership in the Steckman Ridge natural gas storage
facility and its stake in Dominion Midstream Partners, L.P., as well
as its 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 more than 1,000 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:
us on Twitter @NJNaturalGas.“Like” us on
facebook.com/NewJerseyNaturalGas.Download our free NJR investor
relations app for iPad, iPhone and Android.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171114006505/en/
New Jersey ResourcesInvestors:Dennis Puma,