NJR 8-K
New Jersey Resources Corp (NJR)
8-K
2025-09-11
For: 2025-09-10
View Original
Added on
April 08, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 10, 2025
(Exact Name of registrant as specified in its charter)
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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(Address of Principal Executive Offices)
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(Zip Code)
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(732 ) 938-1480
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which
registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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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,” “should” and similar expressions may identify forward looking information and such forward-looking statements are made based upon management’s current
expectations and beliefs as of this date concerning future developments and their potential effect upon NJR. There can be no assurance that future developments will be in accordance with management’s expectations or that the effect of future
developments on NJR will be those anticipated by management. Forward looking information in this filing includes, but is not limited to, certain statements regarding the use of proceeds of the Notes.
Additional information and factors that could cause actual results to differ materially from NJR’s expectations are contained in NJR’s filings with the
U.S. Securities and Exchange Commission (“SEC”), including NJR’s Annual Reports on Form 10-K and subsequent Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K, and other SEC filings, which are available at the SEC’s web site,
http:.//www.sec.gov. Information included in this filing is representative as of today only and while NJR periodically reassesses material trends and uncertainties affecting NJR’s results of operations and financial condition in connection with its
preparation of management’s discussion and analysis of results of operations and financial condition contained in its Quarterly and Annual Reports filed with the SEC, NJR does not, by including this statement, assume any obligation to review or
revise any particular forward-looking statement referenced herein in light of future events.
| Item 9.01 |
Financial Statements and Exhibits.
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Exhibits.
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Exhibit
Number
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Description
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Press Release dated September 11, 2025.
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104
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Cover page in Inline XBRL format.
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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.
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NEW JERSEY RESOURCES CORPORATION
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Date: September 11, 2025
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By:
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/s/ Roberto F. Bel
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Roberto F. Bel
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Senior Vice President and Chief Financial Officer
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Exhibit 99.1
AMY B. MANSUE ELECTED TO THE BOARD OF DIRECTORS
OF NEW JERSEY RESOURCES
WALL, NJ, September 11, 2025 – The Board of Directors of New Jersey Resources (NYSE: NJR) today announced the unanimous election of Amy B. Mansue to the Board, effective November 1, 2025.
Ms. Mansue currently serves as President and Chief Executive Officer of Inspira Health Network, a network of health care
providers that delivers a full continuum of primary, acute and advance care services across southern New Jersey.
“Amy Mansue is an accomplished leader with a keen understanding of the critical issues facing businesses today. Her business acumen, strategic insights, and extensive
experience across the public and private sectors will bolster our Board and be an asset to our company,” said Steve Westhoven, President and Chief Executive Officer of New Jersey Resources.
“With the addition of Amy as a director, our Board only becomes stronger,” said Donald Correll, Chair of the Board of New Jersey Resources. “We expect Amy’s experience in
both business and government will bring valuable insight as we continue to position New Jesey Resources to deliver long-term value for both our shareowners and customers. We greatly value Amy’s contributions to the State of New Jersey, which are in
line with our company’s core values.”
Prior to joining Inspira, Ms. Mansue served as Executive Vice President and Chief Experience Officer for RWJBarnabas Health. She was also the former Chief Executive
Officer of Children's Specialized Hospital, the country’s largest inpatient pediatric rehabilitation hospital.
Ms. Mansue began her career in the public sector, working for then-Congressman James J. Florio as a Legislative Assistant and then joined him as a Policy Advisor in
Governor Florio’s Office of Management and Planning before being named Deputy Commissioner in the New Jersey Department of Human Services. She also served as Deputy Chief of Staff to Governor James E. McGreevey.
- more -
AMY B. MANSUE ELECTED TO THE BOARD OF DIRECTORS OF NEW JERSEY RESOURCES
Page 2 of 2
Ms. Mansue is a member of the Board of Directors of the Middlesex
Water Company and serves as its Compensation Committee Chair, as well as a member of the Board of Directors for the New Brunswick Development Corporation. She has also served as the Board Chair for the New Jersey Hospital Association and New
Jersey State Chamber of Commerce.
Ms. Mansue earned both her Bachelor’s degree in social welfare and Master’s degree in social work from the University of Alabama.
About New Jersey Resources:
New Jersey Resources (NYSE: NJR)
is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:
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New Jersey Natural Gas, NJR’s principal
subsidiary, operates and maintains natural gas transportation and distribution infrastructure to serve customers in New Jersey’s Monmouth, Ocean, Morris, Middlesex, Sussex and Burlington counties.
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Clean Energy Ventures invests in, owns and
operates solar projects, providing customers with low-carbon solutions.
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Energy Services manages a diversified
portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
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Storage and Transportation serves customers
from local distributors and producers to electric generators and wholesale marketers through its ownership of Leaf River and the Adelphia Gateway Pipeline, as well as our 50% equity ownership in the Steckman Ridge natural gas storage
facility.
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Home Services provides service contracts as
well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey.
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NJR and its over 1,300 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency
through Conserve to Preserve® and initiatives such as SAVEGREEN®.
For more information about NJR:
https://www.njresources.com/
Follow us on X.com (formerly Twitter) @NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.
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