New Jersey Resources Announces Executive Promotion
03 Gennaio 2024 - 4:55PM
Business Wire
Angel Velez Named Vice President-Energy
Services
New Jersey Resources (NYSE: NJR) today announced Angel Velez, a
17-year veteran of the organization, has been named a Vice
President in the company’s Energy Services business.
“Angel Velez is a respected leader throughout our company and in
the industry,” said Steve Westhoven, President and CEO of New
Jersey Resources. “With his extensive market knowledge and
expertise, I am confident he will play a key role in advancing our
long-option strategy and identifying opportunities that support our
business growth and deliver performance for our shareowners.”
In this role, Mr. Velez will provide strategic leadership to
NJR’s wholesale natural gas marketing business and oversee
operations and asset optimization. He will report to Sean Annitto,
Vice President-Energy Trading.
Mr. Velez joined NJR in 2006 as an Energy Analyst before
becoming an Energy Trader. He has held roles of increasing
responsibility throughout his tenure, including Senior Energy
Trader and most recently Managing Director, Trading &
Operations. Prior to joining NJR, he worked as a Market Analyst and
a Retail and Wholesale Natural Gas Scheduler at Hess Corporation.
He is a graduate of Rutgers, the State University of New
Jersey.
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 natural gas transportation and distribution
infrastructure to serve nearly 576,000 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 approximately 469
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 Energy Center and the
Adelphia Gateway Pipeline, 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 1,300 employees are committed to helping
customers save energy and money by promoting conservation and
encouraging efficiency through Conserve to Preserve® and
initiatives such as SAVEGREEN™ and The Sunlight Advantage®.
For more information about NJR: www.njresources.com
Follow us on X (formerly Twitter) @NJNaturalGas. “Like” us on
facebook.com/NewJerseyNaturalGas.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240103209463/en/
Media: Mike Kinney 732-938-1031
mkinney@njresources.com
Investor: Adam Prior 732-938-1145
aprior@njresources.com
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