New Jersey Resources Corporation Announces Leadership Changes

Strategic Insights -

New Jersey Resources Corporation, a Fortune 1000 company, has announced a series of leadership changes to position the company for its growth strategy, sustainability goals, and investment priorities. Effective January 1, 2022, Patrick Migliaccio will serve as Senior Vice President and Chief Operating Officer of New Jersey Natural Gas Company, while Roberto Bel will take on the role of Senior Vice President and Chief Financial Officer. Tim Shea, a long-serving employee, is retiring after 23 years with the company. These changes reflect the company's commitment to its clean energy and climate goals.

Key Takeaways:

  • Patrick Migliaccio, age 47, has been appointed Senior Vice President and Chief Operating Officer of New Jersey Natural Gas Company, responsible for overseeing the utility's decarbonization efforts and directing its infrastructure investments and customer growth goals.
  • Roberto Bel, age 48, has been appointed Senior Vice President and Chief Financial Officer, with over 20 years of experience in finance, including roles such as Chief Financial Officer and Treasurer for multi-national companies.
  • Tim Shea, Vice President, Energy Services of NJR Energy Services Company, is retiring after 23 years with the company.
  • Daniel Sergott has been promoted to Treasurer, with more than 15 years of experience in financial planning and analysis, accounting, and corporate development.
  • Sean Annitto will succeed Tim Shea as Vice President-Energy Services, leading the company's unregulated wholesale natural gas marketing business.
  • Robert Pohlman has been appointed Vice President-Strategy, Communications, Government Relations and Policy, driving business and growth opportunities across NJR, including emerging clean energy markets.

Statistics:

  • New Jersey Resources Corporation has over 1,200 employees and serves over half a million customers in Monmouth, Ocean, and parts of Morris, Middlesex, and Burlington counties in New Jersey.
  • The company has over 7,600 miles of natural gas transportation and distribution infrastructure.
  • Daniel Sergott has more than 15 years of experience in financial planning and analysis, accounting, and corporate development.
  • Roberto Bel has over 20 years of experience in finance, including roles such as Chief Financial Officer and Treasurer for multi-national companies.

Sources:

  • (EDGAR Online via COMTEX) -- On December 8, 2021, New Jersey Resources Corporation (the "Company" or "NJR") announced leadership changes approved by the Board of Directors.
  • (WALL, N.J., December 8, 2021) - New Jersey Resources (NYSE: NJR) today announced a series of executive and senior leadership promotions.