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Justin S. Forsberg Appointed as Chief Financial Officer at Southwest Gas Holdings, Inc.

Smita SinghbySmita Singh
in Business, News, NORTH AMERICA
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Justin S. Forsberg Appointed as Chief Financial Officer at Southwest Gas Holdings, Inc.

Justin S. Forsberg Appointed as Chief Financial Officer at Southwest Gas Holdings, Inc.

Las Vegas, Nevada, United States, November 2025 – Southwest Gas Holdings, Inc. (NYSE: SWX) and its primary operating subsidiary, Southwest Gas Corporation, have announced the promotion of Justin S. Forsberg to Senior Vice President and Chief Financial Officer, effective December 1, 2025. Forsberg, who currently serves as Vice President of Investor Relations and Treasurer, succeeds Robert J. Stefani, who will separate from the company on the same date.

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In his new role, Forsberg will take on the responsibilities of principal financial officer, leading financial planning, accounting, investor relations, and internal audit functions across the enterprise. His elevation reflects a strategic leadership transition as Southwest Gas continues to sharpen its focus on operational excellence and its position as a fully regulated natural gas business.

“We are pleased to promote Justin to Chief Financial Officer. He has consistently demonstrated strong leadership and a deep understanding of our business,” said Karen S. Haller, President and CEO of Southwest Gas. “His collaboration and commitment to operational excellence have been instrumental in our transition to a fully regulated natural gas business.”

Justin S. Forsberg joined Southwest Gas in August 2023, following a 13-year tenure at IDACORP, Inc. and Idaho Power Company, where he held various finance and accounting leadership roles, culminating in his role as Director of Investor Relations & Treasury. Prior to that, Forsberg was a Manager at Deloitte & Touche LLP. He is a Certified Public Accountant (Idaho) and holds both a Bachelor’s and a Master’s degree in Accounting from Brigham Young University.

“I am honored by the trust Karen and the Board of Directors have placed in me,” said Forsberg. “I’m excited about the future of Southwest Gas and grateful to work alongside such a talented and dedicated team. Together, we’ll continue to execute our strategic priorities and deliver value for our stockholders.”

About Southwest Gas Holdings, Inc.

Southwest Gas Holdings, Inc., through its main operating subsidiary Southwest Gas Corporation, is a leading regulated natural gas utility serving over 2 million customers across Arizona, Nevada, and California. The company is committed to delivering safe, reliable, and sustainable energy solutions, and continues to innovate in support of its mission to fuel growth within the communities it serves. Headquartered in Las Vegas, Southwest Gas plays a pivotal role in advancing clean energy and infrastructure development across the western United States.

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Tags: CFO AppointmentEnergy Sector LeadershipFinancial StrategyHappy Place to Work CertificationHPTWInvestor RelationsJustin S. ForsbergKaren S. HallerLas VegasLeadership AppointmentNatural Gas UtilityPublic Utility FinanceRegulated EnergyRobert J. StefaniSouthwest Gas
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"HR Today" aspires to be more than just a publication; it aims to be a platform where the brightest minds in HR come together to share knowledge, insights, and foresight that can shape the future of our profession. We aim to offer a unique blend of academic rigour and practical wisdom, addressing the most pressing challenges and opportunities in the HR landscape today.

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