Kenneth Tanji has been elected to the board of directors of the Public Service Enterprise Group (NYSE:PEG), effective Wednesday this week. Tanji will serve on the Audit and Finance committees for the Newark-based utility company.
Tanji has served as executive vice president and chief financial officer of Prudential Financial (NYSE:PRU), Inc. since December 2018. Tanji joined Prudential in 1988 and has held various leadership positions including senior vice president and treasurer, chief financial officer of Prudential's International businesses, and senior financial officer of Prudential Annuities. In addition to his professional achievements, Tanji serves as trustee and treasurer for the New Jersey Institute for Social Justice.
PSEG Chair, CEO and President Ralph LaRossa expressed confidence in Tanji's abilities, citing his "strategic guidance, deep financial knowledge and management as well as inclusive leadership." LaRossa also emphasized that Tanji's long-term residency in New Jersey would offer a valuable perspective to PSEG's operations within their service territory.
The Public Service Enterprise Group is a predominantly regulated infrastructure company focused on a clean energy future. The company's commitment to ESG and sustainability is demonstrated through initiatives such as their net-zero 2030 climate vision and participation in the U.N. Race to Zero. PSEG's businesses include Public Service Electric and Gas Co. (PSE&G), PSEG Power, and PSEG Long Island.
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