NJR VP Timothy Shea to retire Feb 28, 2022; awarded potential $3M incentive for FY2024

NEW JERSEY RESOURCES CORP

Shea, VP Energy Services of NJR Energy Services (NJRES), retiring after 23 years, effective Feb 28, 2022.
Incentive award up to $3M based on 20% of FY2024 NJRES bonus pool, payable in cash or stock.
Award contingent on release of claims; includes non-solicitation and confidentiality covenants.
Shareholders re-elected Gregory Aliff, Robert Evans, Thomas O'Connor to three-year terms.
Advisory vote on executive compensation approved (~98% for) and Deloitte ratified as auditor.

item 5.02 item 5.07

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Timothy F. Shea

Vice President, Energy Services

NJR · NEW JERSEY RESOURCES CORP

Effective: 2022-02-28
Filed: January 31, 2022, 6:59 PM ET

Timothy F. Shea, Vice President, Energy Services of NJR Energy Services Company (“NJRES”), the unregulated wholesale natural gas marketing business of New Jersey Resources Corporation (the “Company”), is retiring after 23 years with the Company, effective February 28, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy F. Shea retired as Vice President, Energy Services at NEW JERSEY RESOURCES CORP.

Action: retired
Role: Vice President, Energy Services

Exact text from the filing

Timothy F. Shea, Vice President, Energy Services of NJR Energy Services Company (“NJRES”), the unregulated wholesale natural gas marketing business of New Jersey Resources Corporation (the “Company”), is retiring after 23 years with the Company, effective February 28, 2022.

View on SEC.gov

NEW JERSEY RESOURCES CORP filing history →

Source: SEC EDGAR

accession 0001140361-22-003298

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.