New Jersey Resources

New Jersey Resources

NJR· Transportation and Utilities· Fiscal year ends in September

CEO pay in FY2025

Stephen D. Westhoven is the CEO of New Jersey Resources and was paid $6.4M in FY2025 (Sep), down 11%.

PayNo stock prices for these years
CEO pay is from each New Jersey Resources proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives5

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  1. 1Stephen D. WesthovenFY2025
  2. 2Patrick J. MigliaccioFY2025
  3. 3Roberto F. BelFY2025
  4. 4Amy CradicFY2025
  5. 5Richard ReichFY2025

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

New Jersey Resources paid its 5 named executives $11.8M in total in FY2025 (Sep). CEO Stephen D. Westhoven was paid $6.4M of that.

Name
Stephen D. WesthovenPresident and Chief Executive Officer
Patrick J. MigliaccioSenior Vice President and Chief Operating Officer, NJNG
Roberto F. BelSenior Vice President and Chief Financial Officer
Amy CradicSenior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs
Richard ReichSenior Vice President and General Counsel

of each named executive, from the Summary Compensation Table of each proxy.

Peers15

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The FY2025 (Sep) proxy of New Jersey Resources names 15 peer companies for pay. Among New Jersey Resources and these peers, CEO pay was 4th highest of 7 and total shareholder return was 2nd highest of 7.

4th highest of 7in New Jersey Resources and its pay peers, FY2025 (Sep) by CEO pay:

$4.8M$13.2M

2nd highest of 7in New Jersey Resources and its pay peers, FY2025 (Sep) by total shareholder return:

$120$216

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board4

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  • James H. DegraffenreidtDirector · 6 yr on the boardIndependentCorporate Governance, Leadership Development and Compensation—Paid as an executive
  • M. Susan HardwickDirector · 5 yr on the boardIndependentAudit—Paid as an executive
  • Michael A. O’SullivanDirector · 3 yr on the boardIndependentAudit—Paid as an executive
  • William T. YardleyDirector · 0 yr on the boardIndependentAudit—Paid as an executive

The board of the latest proxy (FY2025).

Activity

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Filings6

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Proxy statementDEF 14ADec 10, 2025FY2025
Annual report10-KNov 20, 2025FY2025
Proxy statementDEF 14ADec 11, 2024FY2024
Annual report10-KNov 26, 2024FY2024
Proxy statementDEF 14ADec 14, 2023FY2023
Annual report10-KNov 21, 2023FY2023