NJ Resources Corp. Announces Executive and Director Changes

Ticker: NJR · Form: 8-K · Filed: Sep 11, 2025 · CIK: 356309

Sentiment: neutral

Topics: governance, executive-changes, board-of-directors

TL;DR

NJR board shakeup: new execs and directors appointed, effective 9/10/25.

AI Summary

New Jersey Resources Corporation (NJR) announced on September 10, 2025, changes in its executive team and board of directors. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. These changes are effective as of September 10, 2025.

Why It Matters

Changes in executive leadership and board composition can signal shifts in company strategy, governance, or future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance changes and does not appear to involve significant financial risks.

Key Players & Entities

FAQ

What specific roles have been affected by the departure of officers or directors?

The filing indicates the departure of certain officers and directors, but does not specify the exact roles in this section of the document.

When were the changes in directors and officers effective?

The changes reported in this 8-K filing were effective as of September 10, 2025.

What is the primary business of New Jersey Resources Corp?

New Jersey Resources Corp. is in the Natural Gas Distribution industry, SIC code 4924.

Where are New Jersey Resources Corp.'s principal executive offices located?

The principal executive offices are located at 1415 Wyckoff Road, Wall, New Jersey 07719.

What other items are being reported in this 8-K filing besides director and officer changes?

This 8-K filing also reports on the election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.

Filing Stats: 897 words · 4 min read · ~3 pages · Grade level 12.5 · Accepted 2025-09-11 08:08:14

Key Financial Figures

Filing Documents

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Announcement of the Election of Amy B. Mansue to the NJR Board On September 10, 2025, the board of directors (the "Board") of New Jersey Resources Corporation ("NJR" or the "Company") increased the size of the Board from eleven to twelve directors and unanimously elected Amy B. Mansue as a director, effective as of November 1, 2025. Ms. Mansue will stand for re-election as a director at NJR's next Annual Meeting of Shareowners. In connection with her election to the Board, Ms. Mansue will receive cash and equity compensation consistent with the Company's Non-Employee Director Compensation Plan, as amended, as filed with our annual report on Form 10-K, for the fiscal year ended September 30, 2024, as Exhibit 10.3, which is incorporated herein by reference. Other than this standard compensation arrangement, there are no arrangements or understandings between Ms. Mansue and any other person pursuant to which she was elected as a director. Ms. Mansue is not party to a transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K. NJR issued a press release announcing the election of Ms. Mansue to the Board (the "Press Release"). A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Cautionary Statements Regarding Forward-Looking Statements This filing contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. NJR cautions readers that the assumptions forming the basis for forward-looking statements include many factors that are beyond NJR's ability to control or estimate precisely, such as estimates of future market conditions and the behavior of other market participants. Words such as "anticipates," "estimates," "expects," "projects," "intends," "plans," "believes," "may,"

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release dated September 11, 2025. 104 Cover page in Inline XBRL format. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NEW JERSEY RESOURCES CORPORATION Date: September 11, 2025 By: /s/ Roberto F. Bel Roberto F. Bel Senior Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR

View on Read The Filing