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New Jersey Resources sets fiscal 2027 executive incentive payouts at up to 150% of target

PUBT·11/12/2026 21:53:03
New Jersey Resources sets fiscal 2027 executive incentive payouts at up to 150% of target
  • New Jersey Resources approved its fiscal 2027 Officer Annual Incentive Plan on November 10, 2026.
  • Target awards equal 110% of base salary for the CEO, versus 40%-60% for other named executive officers.
  • Payouts range from 0% to 150% of target, subject to a net financial earnings hurdle.
  • New performance share units pay out at 0%-150% of granted units over the October 1, 2026-September 30, 2029 performance period.
  • CEO Stephen D. Westhoven received performance-based restricted stock units with potential annual vesting through September 30, 2029, subject to earnings conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Jersey Resources Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-043446), on November 12, 2026, and is solely responsible for the information contained therein.