Debra L. Reed named CEO of Sempra Energy
San Diego, June 28, 2011 — The board of directors of Sempra Energy elected Debra L. Reed CEO of the company and a new member of the company's board.
Reed, 55, succeeds Donald E. Felsinger, who will continue in the role of Sempra Energy's executive chairman until his planned retirement at age 65 in late 2012. Neal E. Schmale, president and COO of Sempra Energy, will remain in his current role until his planned retirement later this year.
"Our board of directors has worked diligently over the past year to ensure a smooth leadership transition in the wake of Neal Schmale's and my planned retirements," Felsinger said. "Early on in the process, we identified Debbie Reed as a top candidate. In her 33-year career with the Sempra Energy companies, Debbie has demonstrated outstanding leadership at every level of responsibility, a keen ability to drive superior performance and a broad understanding of the energy industry."
Reed has been executive vice president of Sempra Energy since April 2010. Previously, she was president and chief executive officer of San Diego Gas & Electric and Southern California Gas Co., Sempra Energy's regulated California utilities. She also served as chief operating officer of the two utilities, after being initially appointed president of SDG&E in 2000.
Reed first joined SoCalGas in 1978 as an energy systems engineer. In 1988, she became the first female officer appointed at the company.
Reed serves on the board of directors of Halliburton Co. and Avery Dennison Corp. Previously, she was a board member of the American Gas Association, Genentech and Dominguez Services Corp.
She also serves on the board of the San Diego Regional Economic Development Corp. (as chair), as well as on the advisory councils of UCSD's Jacobs School of Engineering and the Precourt Energy Efficiency Center at Stanford University. Additionally, Reed is a member of The Trusteeship, an affiliate of the International Women's Forum.
Reed graduated summa cum laude from the University of Southern California with a bachelor's degree in civil engineering.
Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2010 revenues of $9 billion. The Sempra Energy companies' nearly 16,000 employees serve about 26 million consumers worldwide.