Gregory E. Aliff Elected to New Jersey Resources Board of Directors

WALL, N.J.–(BUSINESS WIRE)–New Jersey Resources (NYSE:NJR) today announced that Gregory E. Aliff
has been elected to its board of directors. An accomplished executive
and author, Mr. Aliff has held a range of senior leadership roles at
Deloitte LLP serving clients in the energy and utility industry.

“As a respected leader and strategic advisor with deep industry,
financial and regulatory expertise, Greg Aliff is a welcome addition to
our board of directors,” said Laurence M. Downes, chairman and CEO of
New Jersey Resources. “Greg’s background leading Deloitte’s energy and
resources practice and advising Fortune 500 companies on financial and
regulatory matters will provide valuable perspective and make him a
welcome addition to our board.”

From 1976 to 2015, Mr. Aliff held a variety of leadership and management
roles at Deloitte, and served as vice chairman and senior partner where
he oversaw the energy and resources practice until his retirement in
2015. He also led Deloitte’s U.S. sustainability practice from
2013-2014. During his career, he has provided a range of professional
services to leading energy companies in the areas of accounting and
financial reporting, enterprise risk management, regulatory strategy,
rate case preparation and acquisition due diligence.

Mr. Aliff co-authored “Accounting for Public Utilities,” a comprehensive
utility industry resource on accounting and ratemaking first published
in 1983 and updated annually. He has also written a number of
publications on trends and changes in the energy and utility industry,
and is a frequent speaker at industry conferences and events.

Mr. Aliff serves on the corporate board for California Water Services
Group, a publicly-traded water utility holding company, and chairs its
Audit Committee. He received his bachelor’s degree and his master’s
degree in business administration from Virginia Tech, and is a certified
public accountant. He also completed the Executive Education Program at
the International Institute for Management Development in Lausanne,
Switzerland.

About New Jersey Resources
New
Jersey Resources
(NYSE:NJR) is a Fortune 1000 company that provides
safe and reliable natural gas and renewable 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 7,500 miles of natural gas transportation and
    distribution infrastructure to serve more than half a million
    customers in New Jersey’s Monmouth, Ocean, Morris, Middlesex and
    Burlington counties.
  • NJR Clean Energy Ventures is a leading renewable energy company
    that invests in, owns and operates residential and commercial solar
    projects with a total capacity in excess of 250 megawatts, providing
    residential and commercial customers with low carbon solutions.
  • NJR Energy Services manages a diversified portfolio of natural
    gas transportation and storage assets and provides customized energy
    solutions to its customers across North America.
  • 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, as well as a 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 and businesses 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 at facebook.com/NewJerseyNaturalGas.
Download
our free NJR investor relations app for iPad.

Contacts

Investors:
Dennis Puma
732-938-1229
dpuma@njresources.com

Media:
Michael Kinney
732-938-1031
mkinney@njresources.com

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