New Jersey Resources Corp.
1415 Wyckoff Road
Wall,
NJ 07719
Phone: 732-938-1489
Fax: 732-938-3154
Web Site: http://www.njresources.com
| New Jersey Resources Corporation provides retail and wholesale energy services. It operates in three segments: Natural Gas Distribution, Energy Services, and Retail and Other. The Natural Gas Distribution segment provides regulated retail natural gas services to residential and commercial customers in central and northern New Jersey, as well as participates in the off-system sales and capacity release markets. As of September 30, 2007, it served approximately 478,000 customers. The Energy Services segment offers unregulated wholesale energy services, including base load natural gas, peaking, and balancing services through natural gas pipeline and storage contracts, as well as asset management services in states from the Gulf Coast and Mid-Continent regions to the New England region and Canada. It provides its services to local distribution companies, industrial companies, electric generators, and retail aggregators. The Retail and Other segment provides appliance repair, sales, and installation services; and holds and develops commercial real estate, including 83 acres of undeveloped land in Monmouth and Atlantic counties and a 56,400 square foot office building on 5 acres of developed land in Monmouth County. The company was founded in 1922 and is based in Wall, New Jersey. |
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| Key Statistics |
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Pay |
Exercised |
Mr. Laurence M. Downes , 50
Chairman, Chief Exec. Officer, Pres, Member of Exec. Committee, Chairman of New Jersy Natural Gas, Chief Exec. Officer of New Jersey Natural Gas, Chief Exec. Officer of NJR Energy Services, Chief Exec. Officer of NJR Service, Pres of NJR Energy Services and Pres of NJR Service
|
$
1.30M |
$
896.00K |
Mr. Glenn C. Lockwood , 47
Chief Financial Officer, Principal Accounting Officer, Sr. VP, Treasurer, Chief Financial Officer of NJR Service, Chief Financial Officer of Commercial Realty & Resources, Chief Financial Officer of NJR Energy Services, Chief Financial Officer of NJR Home Services, Sr. VP of NJR Home Services, Sr. VP of NJR Energy Services, Sr. VP of NJR Service and Sr. VP of Commercial Realty & Resources
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$
357.00K |
$
1.83M |
Mr. George R. Zoffinger , 59
Director, Member of Leadership Devel. & Compensation Committee, Member of Nominating & Corp. Governance Committee, Chief Exec. Officer of New Jersey Sports & Exposition Authority, Pres of New Jersey Sports & Exposition Authority of New Jersey Natural Gas
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$
60.00K |
N/A |
Mr. Joseph P. Shields , 51
Chief Operating Officer of NJR Energy Services and Exec. VP of NJR Energy Services
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N/A
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N/A |
Ms. Kathleen T. Ellis , 55
Chief Operating Officer of New Jersey Natural Gas and Exec. VP of New Jersey Natural Gas
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N/A
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N/A |
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Dollar amounts are as of
31-Dec-07
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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