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NEW JERSEY RESOURCES CEO ELECTED TO LEAD NJ COMMISSION ON HIGHER EDUCATION
07/07/2006 - For Immediate Release“I am honored to serve as chairman and look forward to working with my fellow Commissioners to advance higher education in New Jersey,” said Downes. “The ultimate accountability of everyone in the higher education community is to the students who have entrusted their future with us.”
The Commission was created in 1994 to provide coordination, planning, policy development and advocacy for the state’s higher education system, which enrolls approximately 380,000 full- and part-time students. Downes was originally named a member of the Commission in 2000 when he served on the Executive Committee and this will be his second term as chairman. He previously held the position in 2003.
Since joining NJR more than 20 years ago, Downes has served as senior vice president, chief financial officer and president before being named CEO in 1995. He was then elected chairman of the NJR Board of Directors in 1996. He earned his bachelor’s and master’s degrees in business administration from Iona College.
He serves as Director and 2005 Chairman of the American Gas Association, 2005 Chairman of the Natural Gas Council, and as a Trustee of the American Gas Foundation. He is Chairman of the Finance Council of the Diocese of Trenton and a member of the Fort Monmouth Reuse Committee.
New Jersey Resources (NYSE:NJR), a Fortune 1000 company and a member of the Forbes Platinum 400, provides reliable retail and wholesale energy services to customers in New Jersey and in states from the Gulf Coast to New England, and Canada. Its principal subsidiary, New Jersey Natural Gas, is one of the fastest-growing local distribution companies in the United States, serving more than 468,000 customers in central and northern New Jersey. Other major NJR subsidiaries include NJR Energy Services and NJR Home Services. NJR Energy Services is a leader in the unregulated energy services market, providing customer service and management of natural gas storage and capacity assets. NJR Home Services offers retail customers heating, air conditioning and appliance services. NJR’s progress is a tribute to the more than 5,000 dedicated employees who have shared their expertise and focus on quality through more than 50 years of serving customers and the community to make NJR a leader in the competitive energy marketplace. For more information, visit NJR’s Web site at njliving.com.
Contact:
Michael Kinney, Media
732-938-1031
Beacon Technologies, Inc.
