8-KLeadership Changes

SEMPRA 8-K Report, Executive Changes (Nov 2, 2018)

Filed November 2, 2018For Securities:SRESREA

Summary

This 8-K filing from Sempra Energy (SRE) reports a significant change in executive leadership, specifically the resignation of Bethany J. Mayer as a director, effective October 30, 2018. While resigning from the board, Ms. Mayer has been appointed to a new executive role as Executive Vice President – Corporate Development and Technology, reporting directly to the CEO, Jeffrey W. Martin, effective November 26, 2018. This move suggests a strategic shift where Ms. Mayer will now focus on operational and strategic initiatives within the company rather than board oversight.

Key Highlights

  • 1Bethany J. Mayer has resigned from her position as a director of Sempra Energy.
  • 2Ms. Mayer's resignation as a director was effective October 30, 2018.
  • 3Concurrently, Ms. Mayer has been appointed to a new executive role.
  • 4Her new title is Executive Vice President – Corporate Development and Technology.
  • 5This new role commences on November 26, 2018.
  • 6Ms. Mayer will report directly to Sempra Energy's Chief Executive Officer, Jeffrey W. Martin.
  • 7The filing indicates a transition from board governance to an operational/strategic executive function for Ms. Mayer.

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