NJ Resources Appoints New President & COO

On Sep 10, 2018

New Jersey Resources announced the appointment of Stephen Westhoven as president and chief operating officer (COO) of NJR, effective October 1. Westhoven will continue to report to chairman and chief executive officer (CEO) Laurence M. Downesand will become a member of NJR’s board of directors.

In his role as president and COO, Westhoven will oversee finance and technology in addition to his current responsibilities leading NJR’s regulated and unregulated businesses, including New Jersey Natural Gas, NJR Energy Services (NJRES) and NJR Clean Energy Ventures (CEV). Mr. Downes will continue to serve as the company’s chairman and CEO.

Westhoven was promoted to executive vice president and COO of NJR on November 14, 2017. Prior to that, he served as senior vice president and COO of NJRES and CEV from October 2016 to November 2017, and senior vice president of NJRES from May 2010 to September 2016. He joined the company in 1990.

“Today’s announcement is the next step in our succession planning process as we develop our leadership team for the opportunities and challenges ahead,” said Laurence M. Downes, chairman and CEO of New Jersey Resources. “Steve’s leadership and contributions have been instrumental to the growth of our business. On behalf of the board of directors, I congratulate Steve and look forward to continuing our work together serving our customers, growing our business and supporting our talented employees.”

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