Sempra Energy CEO Debra Reed has been elected chairman of the company, the board of directors announced.
Effective Dec. 1, Reed succeeded Donald Felsinger, 65, who retired after a 40-year career with the company. Reed was named CEO in June 2011.
“In her year-and-a-half as CEO, Debbie Reed has helped Sempra Energy become a top performer in our industry,” Felsinger said. “Our board and I believe that Debbie will be most effective in serving our shareholders and customers in the dual role of chairman and CEO.”
Reed, 56, has worked for the Sempra Energy companies 34 years. Prior to her appointment as CEO, she was Sempra Energy executive vice president. From 2006 to 2010, she served as president and CEO of Sempra Energy’s two largest subsidiaries, San Diego Gas & Electric Co. (SDG&E) and Southern California Gas Co. She also was chief operating officer of the two utilities after initially being appointed president of SDG&E in 2000.
Reed graduated from the University of Southern California with a bachelor’s degree in civil engineering.