Last $50.40 USD
Change Today -0.46 / -0.90%
Volume 164.7K
NJR On Other Exchanges
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As of 8:04 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Laurence M. Downes

Chairman, Chief Executive Officer, President, Member of Executive Committee, Chairman of the Board of New Jersy Natural Gas, Chief Executive Officer of New Jersey Natural Gas, Chief Executive Officer of NJR Energy Services, Chief Executive Officer of NJR Service, President of NJR Energy Services and President of NJR Service, New Jersey Resources Corp.
AgeTotal Calculated CompensationThis person is connected to 88 board members in 8 different organizations across 6 different industries.

See Board Relationships
57$2,553,887
As of Fiscal Year 2013

Background*

Mr. Laurence M. Downes, also know as Larry, serves as the Chairman and Chief Executive Officer at NJR Clean Energy Ventures Corporation. Mr. Downes has been the Chairman of New Jersey Resources Corp., since September 1996 and has been its Chief Executive Officer and President since July 1995. He serves as the Chairman of New Jersey Natural Gas Company and has been its Chief Executive Officer and President since 1995. He serves as the Chief Executive Officer and President ...

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Corporate Headquarters*

1415 Wyckoff Road
Wall, New Jersey 07719

United States

Phone: 732-938-1480
Fax: --

Board Members Memberships*

Director
Chairman, Chief Executive Officer and President
Director
Director
Chairman and Chief Executive Officer
1995-Present
Chairman, Chief Executive Officer, President, Member of Executive Committee, Chairman of the Board of New Jersy Natural Gas, Chief Executive Officer of New Jersey Natural Gas, Chief Executive Officer of NJR Energy Services, Chief Executive Officer of NJR Service, President of NJR Energy Services and President of NJR Service
2010-Present
Independent Director, Chairman of Governance/Nominating Committee and Member of Management Performance Committee

Education*

MBA 1981
Iona College
BBA 1979
Iona College

Other Affiliations*

Annual Compensation*

Salary$817,539
Total Annual Compensation$817,539

Stock Options*

Restricted Stock Awards$872,316
All Other Compensation$40,032

Total Compensation*

Total Annual Cash Compensation$1,681,571
Total Short Term Compensation$817,539
Other Long Term Compensation$912,348
Total Calculated Compensation$2,553,887
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
Jeffrey W. Shaw Chief Executive Officer and Director
Southwest Gas Corporation
$817.1K
Terry D. McCallister Chairman, Chief Executive Officer, Chairman of Executive Committee, Chairman of Washington Gas Light Company and Chief Executive Officer of Washington Gas Light Company
WGL Holdings Inc.
$795.0K
Stephen L. Wambold Chief Executive Officer of Ferrellgas Inc, President of Ferrellgas Inc, Director of Ferrellgas Inc and Member of Incentive Compensation Plan Committee
Ferrellgas Partners LP
$875.0K
Jerry E. Sheridan Chief Executive Officer of AmeriGas Propane Inc, President of AmeriGas Propane Inc and Director of AmeriGas Propane Inc
AmeriGas Partners LP
$474.5K
David L. Lamp Chief Executive Officer of Northern Tier Energy Gp LLC, President of Northern Tier Energy Gp LLC and Director of Northern Tier Energy Gp LLC
Northern Tier Energy LP
--
Compensation as of Fiscal Year 2013.

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