SRE - Sempra

Sempra

488 8th Avenue
San Diego, CA 92101
United States
619 696 2000
https://www.sempra.com

Sector(s): Utilities
Industry: Utilities—Diversified
Full-time employees: 15,785

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jeffrey Walker Martin	Chairman, Pres & CEO	6.49M	N/A	1962
Mr. Trevor Ian Mihalik	CFO & Exec. VP	2.5M	N/A	1967
Mr. Peter Ronan Wall	Sr. VP, Controller & Chief Accounting Officer	849.53k	N/A	1972
Ms. Karen L. Sedgwick	Chief Admin. Officer & Chief HR Officer	1.04M	N/A	1968
Mr. Kevin Cristopher Sagara	Exec. VP & Group Pres of California Utilities	2.44M	N/A	1962
Mr. Glen Donovan	VP of Investor Relations	N/A	N/A	N/A
Mr. Paul H. Yong	Chief Tax Counsel & VP	N/A	N/A	N/A
Ms. Lisa M. Larroque Alexander	Sr. VP of Corp. Affairs & Chief Sustainability Officer	N/A	N/A	1974
Mr. Sandeep K. Mor	Sr. VP of Fin.	N/A	N/A	N/A
Mr. Robert J. Borthwick	Chief Risk Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through four segments: San Diego Gas & Electric Company, Southern California Gas Company, Sempra Texas Utilities, and Sempra Infrastructure. The San Diego Gas & Electric Company segment provides to San Diego and southern Orange counties; and natural gas service to San Diego County. It generates electricity through wind, solar, and other resources. As of December 31, 2022, it offered electric services to approximately 3.6 million population and natural gas services to approximately 3.3 million population that covers 4,100 square miles. The Southern California Gas Company segment owns and operates a natural gas distribution, transmission, and storage system that supplies natural gas. As of December 31, 2022, it serves a population of 21.1 million covering an area of 24,000 square miles. The Sempra Texas Utilities segment engages in the regulated electricity transmission and distribution. As of December 31, 2022, its transmission system included 18,268 circuit miles of transmission lines; 1,207 transmission and distribution substations; interconnection to 146 third-party generation facilities totaling 48,430 MW; and distribution system included approximately 3.9 million points of delivery and consisted of 123,500 miles of overhead and underground lines. The Sempra Infrastructure segment develops, builds, operates, and invests in energy infrastructure to help enable the energy transition in North American markets and worldwide. The company was formerly known as Sempra Energy and changed its name to Sempra in May 2023. Sempra was founded in 1998 and is based in San Diego, California.

Corporate governance

Sempra’s ISS governance QualityScore as of 1 June 2023 is 8. The pillar scores are Audit: 8; Board: 7; Shareholder rights: 3; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.