The new South Jersey Gas headquarters tower at Atlantic and Albany avenues in Atlantic City — Courtesy: SJI
By Joshua Burd
New Brunswick Development Corp. President Christopher Paladino has landed a seat on the board of a prominent New Jersey-based energy company.
SJI, the parent company of South Jersey Gas and Elizabethtown Gas, announced Tuesday that Paladino has been elected to its board of directors. The veteran developer, who helped spearhead the construction of a new Atlantic City office tower for South Jersey Gas, will serve on the company’s audit committee and on its environmental, social and governance committee.
“We are excited to have Chris join our diverse and experienced board of directors,” said Mike Renna, the CEO and president of Folsom-based SJI. “His expertise in strategic development is critical as we continue to work collaboratively with the state, while also advancing SJI for our customers, employees and shareholders.”
Paladino has spent more than two decades as president of New Brunswick Development Corp., or Devco, helping to revitalize New Brunswick several high-profile education, health care, residential and office projects. He has also served in recent years as president of the Atlantic City Development Corp., a similarly modeled organization, to help revitalize the South Jersey resort town.
His work with AC Devco has included the landmark Gateway project, a mixed-use development that created a new satellite campus for Stockton University and a 72,000-square-foot office building for South Jersey Gas. All told, Paladino has extensive experience in all aspects of development, including project conceptualization, feasibility, financing, risk management, construction oversight and asset management.