SAN DIEGO, Jan. 20, 2010 – Sempra Energy (NYSE: SRE) and its subsidiaries today announced realignments designed to bolster their organizations and enhance management experience.
“A critical part of the success of the Sempra Energy companies over the years has been their ability to adapt to the needs of the changing marketplace and develop a dynamic leadership team with broad experience,” said Donald E. Felsinger, chairman and chief executive officer of Sempra Energy. “We and our subsidiaries are making these organizational changes to create a stronger engine for business growth and leadership development.”
All of the organizational changes are effective March 29, 2010.
Sempra Energy announced the following appointments:
Debra L. Reed, 53, president and chief executive officer of Southern California Gas Co. (SoCalGas) and San Diego Gas & Electric (SDG&E) since 2006, will become an executive vice president at Sempra Energy, reporting to Felsinger. Reed joined SoCalGas in 1978 as an energy systems engineer. From 1984 to 2006, she served in a series of increasingly responsible management positions at the utilities, including: vice president of human resources and vice president of administrative services for SoCalGas; president of SoCalGas’ operations for residential, small-commercial and industrial customers; and chief financial officer of SDG&E and SoCalGas.
Steven D. Davis, 54, vice president of communications and community partnerships for Sempra Energy since 2006, will become vice president of investor relations for Sempra Energy. From 2004 to 2006, Davis served as senior vice president of external relations and chief financial officer for SDG&E and SoCalGas. He joined SDG&E in 1980 as an accountant and, over the past 30 years, has served in a series of increasingly responsible management positions.
Southern California Gas Co.
SoCalGas announced the following appointments:
Michael W. Allman, 49, president and chief executive officer of Sempra Generation since 2006, will become president and chief executive officer of SoCalGas. Prior to 2006, Allman served as chief financial officer of Sempra Energy’s competitive energy businesses and, previously, vice president of audit services. He also oversaw technology and telecommunications ventures for the company. Allman joined Sempra Energy in 1998 as vice president of corporate planning and development.
Anne S. Smith, 56, senior vice president of customer services for SoCalGas and SDG&E since 2006, will become chief operating officer of SoCalGas, reporting to Allman. Smith, who began her career with SoCalGas in 1977, has held a variety of increasingly responsible positions with the utility, including vice president of customer service and marketing, vice president of support services and vice president of environmental and safety.
San Diego Gas & Electric
SDG&E announced the following appointments:
Jessie J. Knight, Jr., 59, executive vice president of external affairs for Sempra Energy, will become chief executive officer of SDG&E. From 1999 to 2006, when he joined Sempra Energy, Knight was president and chief executive officer of the San Diego Regional Chamber of Commerce. Previously, from 1993 to 1999, he served as a commissioner on the California Public Utilities Commission (CPUC). Before joining the CPUC, Knight held management positions with the San Francisco Chamber of Commerce, San Francisco Newspaper Agency and Dole Food Co., Inc.
Michael R. Niggli, 60, chief operating officer of SoCalGas and SDG&E since 2006, will become president and chief operating officer of SDG&E, reporting to Knight. From 2000 to 2006, Niggli was president of Sempra Generation. He began his career at SDG&E in 1971, holding increasingly responsible management positions in electric and gas operations, fuels acquisition, project management and customer service. He then went on to hold senior positions at Entergy Corp., Nevada Power Co. and Sierra Pacific Resources, where he served as chairman and chief executive officer of the merged Nevada utilities.
Sempra Generation announced that Jeffrey W. Martin, 47, vice president of investor relations for Sempra Energy since 2006, will become president and chief executive officer of Sempra Generation. Martin joined Sempra Energy in 2004 in the corporate planning and development group and subsequently served as director of executive projects. Previously, Martin held management positions with TruePricing, Inc., Constellation New Energy, UniSource Energy and he also served as an attorney with the Phoenix-based law firm, Snell & Wilmer.
Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2008 revenues of nearly $11 billion. The Sempra Energy companies’ 13,600 employees serve more than 29 million consumers worldwide.
This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by words like “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates,” “may,” “would,” ”could,” “should,” or similar expressions, or discussions of strategies, plans or intentions. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Forward-looking statements are necessarily based upon various assumptions involving judgments with respect to the future and other risks, including, among others: local, regional, national and international economic, competitive, political, legislative and regulatory conditions and developments; actions by the California Public Utilities Commission, California State Legislature, California Department of Water Resources, Federal Energy Regulatory Commission, Federal Reserve Board, and other regulatory and governmental bodies in the United States, the United Kingdom and other countries; capital market conditions and inflation, interest and exchange rates; energy and trading markets, including the timing and extent of changes and volatility in commodity prices; the availability of electric power, natural gas and liquefied natural gas; weather conditions and conservation efforts; war and terrorist attacks; business, regulatory, environmental and legal decisions and requirements; the status of deregulation of retail natural gas and electricity delivery; the timing and success of business development efforts; the resolution of litigation; and other uncertainties, all of which are difficult to predict and many of which are beyond the control of the company. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the Securities and Exchange Commission. These reports are available through the EDGAR system without charge at the SEC’s Web site, www.sec.gov and on the company’s Web site, at www.sempra.com.
Sempra Pipelines & Storage, Sempra Generation, Sempra LNG and RBS Commodities dba Sempra Energy Solutions and Sempra Energy Trading are not the same companies as the utility, San Diego Gas & Electric (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra Pipelines & Storage, Sempra Generation, Sempra LNG and RBS Commodities dba Sempra Energy Solutions and Sempra Energy Trading are not regulated by the California Public Utilities Commission.