8-KLeadership Changes

SEMPRA 8-K Report, Executive Changes (Jul 9, 2026)

Filed July 9, 2026For Securities:SRESREA

Summary

Sempra announced a significant leadership transition within its finance and operational arms. Effective around the closing of its planned sale of a portion of its equity interest in Sempra Infrastructure Partners, LP (expected in Q3 2026), Justin C. Bird will assume the role of Executive Vice President and Chief Financial Officer (CFO). Mr. Bird brings extensive experience within the Sempra family, having held senior leadership positions for over two decades, including his recent role as Executive Vice President and CEO of Sempra Infrastructure. Concurrently, Karen L. Sedgwick, the current CFO, will transition to lead Southern California Gas Company as its Chief Executive Officer and President. This strategic realignment positions experienced leadership within key segments of Sempra’s business. Investors should note that Mr. Bird’s compensation is not expected to change due to this appointment, and further details can be found in Sempra's 2026 Proxy Statement. The report also reiterates forward-looking statement disclaimers and risk factors, including those related to regulatory environments, project execution, capital markets, and operational disruptions.

Key Highlights

  • 1Justin C. Bird appointed Executive Vice President and Chief Financial Officer (CFO), effective around the closing of Sempra Infrastructure equity sale.
  • 2Karen L. Sedgwick appointed CEO and President of Southern California Gas Company.
  • 3Mr. Bird has over two decades of experience within Sempra, most recently as EVP and CEO of Sempra Infrastructure.
  • 4The leadership changes are timed with the expected Q3 2026 closing of Sempra Infrastructure's equity sale.
  • 5Mr. Bird's compensation is not expected to change with this CFO appointment.
  • 6The filing includes standard forward-looking statement disclaimers and outlines material risks, including regulatory, operational, and market factors.

Frequently Asked Questions

The primary purpose of this 8-K filing is to announce a significant change in executive leadership at Sempra. Specifically, it details the appointment of Justin C. Bird as the new Executive Vice President and Chief Financial Officer and the transition of Karen L. Sedgwick to CEO of Southern California Gas Company.

The appointments are effective on a to-be-determined date on or around the closing of Sempra’s planned sale of a portion of its equity interest in Sempra Infrastructure Partners, LP. This sale is expected to occur in the third quarter of 2026.

According to the filing, Mr. Bird’s compensation is not expected to change in connection with his appointment as Executive Vice President and Chief Financial Officer. Further details on executive compensation are available in Sempra's 2026 Proxy Statement.

The filing highlights various risk factors that could impact Sempra's business and financial performance. These include potential liabilities from California wildfires, regulatory actions and decisions by commissions (like the CPUC), challenges in business development and transaction execution (including the Sempra Infrastructure sale), changes in capital expenditure plans, geopolitical instability, cybersecurity threats, capital market volatility, and adverse weather or natural disasters. Investors are advised to consult Sempra's other SEC filings for a more comprehensive discussion of these risks.