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NJ Spotlight On Cities: Two CEOs Who’ve Made a NJ City Their Corporate HQ

PSEG President and CEO Izzo and Panasonic Corp. of North America Chairman and CEO Taylor could have located their companies anywhere. They chose Newark.

joseph taylor and ralph izzo
Panasonic Corp. of North America Chairman and CEO Joseph Taylor (left) and PSEG President and CEO Ralph Izzo

Much of the health of New Jersey’s cities has been in the big businesses and institutions that call these cities home: Campbell Soup in Camden, Prudential in Newark, Rutgers in New Brunswick, and Progresso Soups in Vineland -- to cite just four examples.

On Friday, we will host our first NJ Spotlight on Cities at Newark’s New Jersey Performing Arts Center, and among the leadoff panels will be a discussion with two major New Jersey CEOs who have made Newark their headquarters.

Why locate in the city? What are pluses for jobs, transportation, and technology? What are the minuses that may have prevented others from joining them? And what can the state do to promote the former while minimizing the latter?

The panel, “Why Cities? CEOS on the Benefits and Challenges of Location,” will feature PSEG President and CEO Ralph Izzo and Panasonic Corp. of North America Chairman and CEO Joseph Taylor. The moderator will be Tom Moran, columnist for the Star Ledger of New Jersey.

In its 115-year history, PSEG has long been synonymous with Newark, culminating with its glass-and-steel headquarters completed in 1980. Izzo, who started as a research scientist at Princeton Plasma Research Institute, has led the utility giant since 2007, has and become a well-known industry leader nationwide.

Panasonic North America is a more recent addition to the Newark skyline, moving from Secaucus to its new headquarters in 2013, and Taylor has been an outspoken cheerleader for the city ever since.

Beyond just this panel, we’re excited about Friday’s NJ Spotlight on Cities, and we want to find out what our readers want to know.

We are soliciting questions that you want answered from panelists and others about the state and fate of our cities. The conference is focusing on education, economic development, and quality of life, but we are open to all inquiries and hope to include them throughout the day and into the future.

Feel free to post questions or comments at the end of this article, or write to us at

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