Debra L. Reed

Debra L. Reed (born 1957) is an American businesswoman in the energy industry.

Career history

Debra Reed is currently Chairman of the Board of Directors (since 2012) and Chief Executive Officer (since 2011) of Sempra Energy, a San Diego-based utilities holding company. She was promoted from her previous role as Executive Vice President at the firm. Before moving into the management of Sempra Energy, Reed was Chief Financial Officer and thereafter (2006 to 2010) President and CEO of two Sempra subsidiaries, San Diego Gas & Electric and Southern California Gas Co (SoCalGas).

In her current role at Sempra, Reed presides over $37bn in assets, operates revenues of $10+bn and 17,000 employees.[1] Reed started at SoCalGas in 1978. Her total compensation for 2013 $9,792,288 and her stock ownership for 2014, 57,762.[2]

Business achievements

In 1988, Reed became SoCalGas’s first female officer. Today, out of all 500 CEOs from the Fortune 500 companies, she is one of only 23 females in this position.

Business awards

In 2014, Reed was appointed by the U.S. Secretary of Energy to the National Petroleum Council.[3] Fortune Magazine has named her to its list of "Most Powerful Women in Business" six consecutive times, ranking her #23 in 2015 and #22 in 2016.[4]

Board memberships

Today, Reed is a member of the Board of Directors of Halliburton Co., the Board of Councilors of the University of Southern California Viterbi School of Engineering, Chairman’s Competitiveness Council, The Trusteeship and The Business Council.

In the past, Reed was Chairman of the San Diego Regional Economic Development Corporation, a member of the Board of Directors of Genentech and Avery Dennison Corp.

On April 8, 2015 Caterpillar Inc. announced that Debra had been nominated to join the Board of Directors, with election to be held at the June 2015 annual stockholders meeting.[5]

Education

In 1978, Reed got her BS in Civil Engineering (summa cum laude) from the University of Southern California. In 1986, she got her license for Engineer in Training.

Personal information

Debra Reed was born and raised in Southern California. Today, she lives with her husband in San Diego. They have one daughter.

References

  1. ↑ "Reed CV" (PDF). Sempra. Retrieved 13 November 2014.
  2. ↑ "Debra Reed Profile" (PDF). Forbes. Retrieved 13 November 2014.
  3. ↑ "Debra L. Reed: Chairman and Chief Executive Officer". Sempra. Retrieved 13 November 2014.
  4. ↑ "Fortune Names Sempra CEO Debra L. Reed to 'Most Powerful Women in Business' List - Again". San Diego Business Journal. September 8, 2016. Retrieved 9 September 2016.
  5. ↑ "Debra Reed Nominated to Join CAT Board of Directors". PRNewswire. Retrieved 9 April 2015.


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