Stephen Westhoven is President and Chief Executive Officer of New Jersey Resources Corp (NJR). The company reported total compensation of $6,433,253 for fiscal year 2025.
| Salary | $1,002,737 |
|---|---|
| Bonus | $0 |
| Stock awards | $3,514,633 |
| Option awards | $0 |
| Non-equity incentive plan | $1,398,286 |
| Pension and non-qualified deferred compensation | $436,141 |
| All other compensation | $81,456 |
| Total | $6,433,253 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure New Jersey Resources Corp filed December 10, 2025, accession 0000356309-25-000096.
| Peer-group chief executive median | $5,991,759 |
|---|---|
| Difference from that median | $441,494 |
| Percentile within the disclosed peer group | 67th |
| Peers with a disclosed figure | 3 |
Medians and percentiles are computed across the peer group New Jersey Resources Corp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Stephen Westhoven this page | President and Chief Executive Officer | $6,433,253 |
| Patrick Migliaccio | Senior Vice President and Chief Operating Officer, NJNG | $1,554,366 |
| Roberto Bel | Senior Vice President and Chief Financial Officer | $1,311,468 |
| Amy Cradic | Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs | $1,306,254 |
| Richard Reich | Senior Vice President and General Counsel | $1,232,925 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full New Jersey Resources Corp compensation brief.
Stephen Westhoven's compensation sits inside New Jersey Resources Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.