NJR New Jersey Resources Corporation

New Jersey Natural Gas Appoints Mark G. Kahrer Vice President of Regulatory Affairs

New Jersey Natural Gas (NJNG) today announced the appointment of Mark G. Kahrer of Hasbrouck Heights, New Jersey as vice president of regulatory affairs effective May 8, 2017. In this role, Mr. Kahrer will oversee NJNG’s regulatory strategy.

“Mark Kahrer has been a leader in the utility industry for more than three decades, and we are pleased to have him join our team,” said Laurence M. Downes, chairman and CEO of New Jersey Resources. “Under his leadership, I am confident we will continue to work productively with our regulators to meet our customers’ expectations for safe and reliable service.”

Before joining NJNG, Mr. Kahrer spent 34 years with Public Service Electric and Gas Company (PSE&G), most recently serving as senior director – business performance and improvement. In this role, he led the areas of performance management, lean sigma six, operations assurance and compliance and quantitative analytics for PSE&G and PSE&G Long Island. He also served as a member of PSE&G’s rate case team. Prior to that he held the positions of vice president of finance for PSE&G and PSE&G Power, assistant treasurer, director of corporate accounting, director of financial risk management, manager of corporate strategic planning and manager of federal affairs.

Mr. Kahrer received his Bachelor of Science degree in accounting from Saint Peter’s College and a Master of Business Administration degree in finance from Seton Hall University. He is a member of the New Jersey Utilities Association and a member of the executive committee of the Board of Trustees of Saint Peter’s University.

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 7,300 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex and Burlington counties.
  • NJR 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.
  • NJR Clean Energy Ventures invests in, owns and operates solar and onshore wind projects with a total capacity of nearly 280 megawatts, providing residential and commercial customers with low-carbon solutions.
  • NJR Midstream serves customers from local distributors and producers to electric generators and wholesale marketers through its 50 percent equity ownership in the Steckman Ridge natural gas storage facility and its stake in Dominion Midstream Partners, L.P., as well as its 20 percent equity interest in the PennEast Pipeline Project.
  • NJR 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 more than 1,000 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:

Visit www.njresources.com.

Follow us on Twitter @NJNaturalGas.

“Like” us on facebook.com/NewJerseyNaturalGas.

Download our free NJR investor relations app for iPad, iPhone and Android.

EN
08/05/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on New Jersey Resources Corporation

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of New Jersey Natural Gas Company and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 24 June 2025 in which we reassessed the appropriateness of the ratings in th...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

S&P 500 and Nasdaq 100 Testing Initial Support In last week's 2/25/25 Compass, we discussed our expectation for near-term downside as the S&P 500 and Nasdaq 100 (QQQ) displayed several bearish short-term developments. We also said it likely means at least another 2-4 weeks of consolidation, and that if the S&P 500 remains below 6100 and 6150 resistances, do not be surprised if there is a test of the bottom of the range at either 5770-5850 or 5600-5670, where we would be buyers (though we need 5...

New Jersey Natural Gas Company: Update to credit analysis

Our view of NJNG reflects its supportive regulation, good cost recovery mechanisms and stable metrics, constrained by elevated capex, high parent debt and higher risk unregulated businesses.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Booster Shots: Attractive bottom-fishing stocks

For investors looking for bottom-fishing candidates; stocks that are breaking downtrends, exhibiting ascending reaction lows, and showing stabilizing relative strength.

New Jersey Resources Corp: 1 director

A director at New Jersey Resources Corp sold 30,000 shares at 45.052USD and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch