Stephen D. Westhoven is the President and CEO of New Jersey Resources, a major player in the energy sector, since October 2019. He has a solid educational background with a Bachelor's degree in Business Administration. He’s been involved with NJR...

Stephen D. Westhoven is the President and CEO of New Jersey Resources, a major player in the energy sector, since October 2019. He has a solid educational background with a Bachelor's degree in Business Administration. He’s been involved with NJR since 1990, which means he really knows the company inside out. Before becoming CEO, he held various executive roles including President and Chief Operating Officer. Under his leadership, NJR worked hard during challenging times, like the pandemic, and created substantial growth opportunities. In fiscal 2021 alone, the company increased its dividend for the 28th time in 26 years, which shows a commitment to its shareholders despite struggles in the wider industry. In 2023, Westhoven's total compensation was reported to be about $1.86 million, with a big chunk coming from performance-based stock. This aligns with his strategy of focusing on long-term goals and sustainability in the energy market. He's also involved in organizations like the American Gas Association, giving him a broader view of the energy industry beyond NJR. In short, Westhoven is all about blending solid business strategy with long-term growth in the energy world.