Sempra Energy Appoints Jeffrey Martin As Chairman

(RTTNews) - Sempra Energy (SRE) said that chief Executive Officer Jeffrey Martin has been elected chairman of the company, effective December 1. Martin will succeed Debra Reed, who is retiring from Sempra Energy December 1, as previously announced.

Martin, 56, has served as Sempra Energy's chief Executive Officer since May.

Prior to becoming Sempra Energy's CEO in May, he was executive vice president and chief financial officer of Sempra Energy. Previously, from 2014 through 2016, Martin was CEO of San Diego Gas & Electric (SDG&E). From 2010 through 2013, Martin was president and CEO of Sempra U.S. Gas & Power and Sempra Generation, the predecessor companies of Sempra Energy's renewable energy and midstream businesses. Prior to that, he was vice president of investor relations for Sempra Energy. He first joined Sempra Energy in 2004 as a principal working in Sempra Energy's mergers and acquisitions group.

Prior to joining Sempra Energy, Martin was chief financial officer of NewEnergy, Inc. He also previously served as corporate counsel at UniSource Energy and was an attorney at the law firm of Snell & Wilmer, focusing on corporate and commercial finance and real estate.