01—Abstract
Summary
Summary of the 8-K filed February 10, 2025. Cited figures are marked; the original filing is the authoritative source.
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.
02—Key points
Key Highlights
- Sempra appointed two new directors to its Board: Anya Weaving and Kevin C. Sagara.
- Anya Weaving has been designated an independent director and an audit committee financial expert.
- Ms. Weaving will serve on the Audit Committee and the Compensation and Talent Development Committee.
- Kevin C. Sagara will serve on the Safety, Sustainability and Technology Committee.
- Mr. Sagara is not considered an independent director due to his recent executive tenure at Sempra.
- Director appointments and committee assignments are effective March 1, 2025.
- New directors will receive compensation as per Sempra's standard non-employee director program.
03—Questions
Frequently Asked Questions
Who are the new directors appointed to Sempra's Board?
Anya Weaving and Kevin C. Sagara have been appointed to Sempra's Board of Directors.
What committees will the new directors serve on?
Anya Weaving will serve on the Audit Committee and the Compensation and Talent Development Committee. Kevin C. Sagara will serve on the Safety, Sustainability and Technology Committee.
Are the new directors considered independent?
Anya Weaving has been determined to be an independent director. Kevin C. Sagara will not be considered independent due to his prior executive role at Sempra.
When do these appointments become effective?
The appointments and committee assignments will be effective on March 1, 2025.
04—Continue