Board Retirement Age
As set forth in NJR’s Corporate Governance Guidelines, no director may serve on our Board of Directors beyond the date of the first Annual Meeting of Shareowners following their 75th birthday. There are no exceptions to this policy.
Shareowner Voting Rights
As of November 29, 2022, the record date for our most recent Annual Meeting of Shareowners, there were 96,430,381 shares of NJR common stock issued and outstanding. Shares outstanding on the record date were the only shares entitled to vote at the Annual Meeting. Every owner of NJR stock is entitled to one vote for each share owned.
Information Security Matters
- Senior leadership briefs the Audit Committee of NJR’s Board of Directors on information security matters regularly. In fiscal 2022, senior leadership briefed the Audit Committee five times on information security matters
- NJR provides training to its employees, including senior leadership, regarding information security awareness and cybersecurity on at least an annual basis
- NJR maintains insurance coverage to defray the costs of an information security breach