Summary
Sempra Energy (SRE) filed an 8-K report on November 30, 2006, to disclose a change in its board of directors. Luis Tellez, who was elected as a director earlier in the year, has resigned from his position, effective November 28, 2006. This departure is due to Mr. Tellez's appointment as the Minister of Communications and Transport of Mexico, an important governmental role. While the resignation itself is routine when a director takes on such a significant public service position, investors should note this change in board composition. The filing confirms the resignation and the effective date, providing transparency regarding corporate governance.
Key Highlights
- 1Luis Tellez resigned as a director of Sempra Energy on November 28, 2006.
- 2Mr. Tellez's resignation is effective November 28, 2006.
- 3The reason for the resignation is Mr. Tellez's appointment as the Minister of Communications and Transport of Mexico.
- 4This appointment is set to become effective on December 1, 2006.
- 5The filing is an 8-K Current Report, indicating a material event.
- 6The change concerns the composition of the company's Board of Directors.