NEW JERSEY RESOURCES CORPORATION (NYSE:NJR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 12, 2017, after over 17 years on the Board of Directors (the “Board”) of New Jersey Resources Corporation (the “Company”), Lawrence R. Codey announced that he will end his service on the Board, effective January 24, 2018, which is the date of the Company’s 2018 Annual Meeting of Shareowners. Mr. Codey’s decision was not a result of a disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr. Codey is the Lead Director of the Board and is also a member of the Audit Committee, the Nominating/Corporate Governance Committee and the Executive Committee.
About NEW JERSEY RESOURCES CORPORATION (NYSE:NJR)
New Jersey Resources Corporation is an energy services holding company. The Company’s business is the distribution of natural gas through a regulated utility, which provides other retail and wholesale energy services to customers and investing in clean energy projects and midstream assets. It operates in four business segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services and Midstream. The Natural Gas Distribution segment consists of regulated natural gas services, off-system sales, capacity and storage management operations. The Energy Services segment consists of unregulated wholesale energy operations. The Clean Energy Ventures segment consists of capital investments in clean energy projects. The Midstream segment consists of investments in the midstream natural gas market, such as natural gas transportation and storage facilities. The Home Services and Other operations consist of heating, cooling and water appliance sales and installations, among others.
