Summary
Sempra (SRE) announced via an 8-K filing on February 10, 2025, two new appointments to its Board of Directors, effective March 1, 2025. Anya Weaving has been appointed and meets the criteria for an independent director, including being an audit committee financial expert, and will serve on the Audit Committee and Compensation and Talent Development Committee. Kevin C. Sagara has also been appointed to the Board, specifically to the Safety, Sustainability and Technology Committee. However, Mr. Sagara will not be considered an independent director due to his recent executive role at Sempra, having retired in December 2023. Both new directors will be compensated under Sempra's standard program for non-employee directors, as previously detailed in the company's 2024 Proxy Statement.
Key Highlights
- 1Sempra appointed two new directors to its Board: Anya Weaving and Kevin C. Sagara.
- 2Anya Weaving has been designated an independent director and an audit committee financial expert.
- 3Ms. Weaving will serve on the Audit Committee and the Compensation and Talent Development Committee.
- 4Kevin C. Sagara will serve on the Safety, Sustainability and Technology Committee.
- 5Mr. Sagara is not considered an independent director due to his recent executive tenure at Sempra.
- 6Director appointments and committee assignments are effective March 1, 2025.
- 7New directors will receive compensation as per Sempra's standard non-employee director program.