New Jersey Resources Names Ginger Richman Vice President of NJR Storage and Transportation

Rhea-AI Summary

New Jersey Resources (NYSE: NJR) has appointed Ginger Richman as the new Vice President of Storage and Transportation, effective October 15, 2022, succeeding John Bremner, who is retiring. Richman brings over 35 years of experience in the natural gas sector and has been with NJR since 2003, currently leading the Adelphia Gateway pipeline operations. Under her leadership, NJR aims to enhance its storage and transportation capabilities and operational efficiencies. The transition marks a strategic move to bolster the company's growth and service delivery.

Positive

• Ginger Richman brings over 35 years of experience in the natural gas industry, enhancing leadership continuity.
• Richman will oversee a team of more than 50 employees, focusing on growth opportunities and operational efficiencies.

Negative

• None.

Richman to succeed current VP John Bremner following October retirement

WALL, N.J.--(BUSINESS WIRE)-- New Jersey Resources (NYSE: NJR) today announced the appointment of Ginger Richman as Vice President of Storage and Transportation for NJR Midstream Company, a wholly-owned subsidiary that owns and operates high-quality natural gas infrastructure assets around the country. The appointment will be effective next month, following the retirement of current Vice President John Bremner.

“Ginger is a talented leader who leverages her vast experience and expertise to drive value at our company every day,” said Steve Westhoven, President and CEO of New Jersey Resources. “She is well respected throughout our organization and across the industry, and we are fortunate to have her as a part of our leadership team. In this new role, I have every confidence that Ginger will continue to serve our company and customers well.”

As Vice President of Storage and Transportation (S&T), Ms. Richman will be responsible for leading the company’s storage and transportation business, including overseeing a team of more than 50 employees, developing and executing new and organic growth opportunities, driving operational and organizational efficiencies and overseeing all strategies related to NJR’s S&T assets.

Ms. Richman joined NJR in 2003 and has over 35 years of experience in the natural gas industry. She presently serves as NJR’s Vice President of NJR Midstream Services, leading Adelphia Gateway, NJR’s FERC-regulated natural gas transportation pipeline serving the greater Philadelphia region. In this role, Ms. Richman leads commercial operations and regulatory functions to support the effective management of day-to-day business activities, customer transactions and compliance.

Ms. Richman serves as a member of NJR’s Sustainability Council, IT Steering Committee and Benefits Administration Committee.

Ms. Richman will succeed John Bremner, an accomplished industry veteran who has served as Vice President of Midstream since October 2019, following his planned retirement next month.

“John joined our team at a critical time for our Storage and Transportation business and has been instrumental in growing and shaping that segment into what it is today,” said Westhoven. “I thank him for his service, dedication and accomplishments for our company, which have helped drive our organization forward, and wish him well in his retirement.”

The changes will be effective October 15, 2022.

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:

• New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains over 7,600 miles of natural gas transportation and distribution infrastructure to serve over 568,000 customers in New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex, Sussex and Burlington counties.
• Clean Energy Ventures invests in, owns and operates solar projects with a total capacity of over 380 megawatts, providing residential and commercial customers with low-carbon solutions.
• 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.
• 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 Project, as well as our 50% equity ownership in the Steckman Ridge natural gas storage facility.
• 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.

NJR and its over 1,200 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve^® and initiatives such as The SAVEGREEN Project^® and The Sunlight Advantage^®.

For more information about NJR:
https://www.njresources.com/.
Follow us on Twitter @NJNaturalGas.
“Like” us on facebook.com/NewJerseyNaturalGas.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220927005478/en/

Media:

Michael Kinney

732-938-1031

mkinney@njresources.com

Investors:

Adam Prior

732-938-1145

aprior@njresources.com

Source: New Jersey Resources

FAQ

Who has been appointed as the new Vice President of Storage and Transportation at NJR?

Ginger Richman has been appointed as the new Vice President of Storage and Transportation at New Jersey Resources.

When will the new VP at NJR take over?

Ginger Richman will take over as Vice President of Storage and Transportation effective October 15, 2022.

Who is Ginger Richman succeeding at NJR?

Ginger Richman is succeeding John Bremner, who is retiring.

What experience does Ginger Richman bring to her new role at NJR?

Ginger Richman brings over 35 years of experience in the natural gas industry and has been with NJR since 2003.

What will Ginger Richman oversee as VP of Storage and Transportation at NJR?

As VP of Storage and Transportation, Richman will oversee all strategies related to NJR's assets, focusing on growth and operational efficiencies.