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Debra L. Reed is the CEO of Sempra Energy, a company known for providing natural gas and electricity to millions in Southern California and Texas. With a background in business administration from the University of Southern California, Debra has built...

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Debra L. Reed

Ex-CEO of Sempra Energy

Education

University of Southern California, Bachelor of Science in Business Administration

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

February 1, 1956 - 69 years ago

CEO of Sempra Energy for

8 years 0 months (Dec 2012 - Dec 2020)

Previous Experience

Executive Vice President of the Company, President and Chief Executive Officer of San Diego Gas & Electric Company and Southern California Gas Company

Holdings

See how much did Debra L. Reed make over time.

Debra L. Reed’s holdings in Sempra Energy reflect a strong commitment to the company, with her stock ownership significantly surpassing her salary multiple times. This alignment with shareholder interests is evident as she holds around 207,985 shares, worth approximately $25...

Total Stock Sold

$16.90M

SRE

$16.90M

681,646 SRE shares

What if they kept their stock?

If Debra L. Reed didn't sell their stock, today they would have:
Extra SRE681,646 shares worth $42.28M.
This is 150.2% and $25.38M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of Debra L. Reed.

SRE

$3.21M

SRE at $117.44/share

Nov 9, 2018

Sale

SRE

$5.52M

SRE at $110.53/share

Apr 5, 2018

Sale

SRE

50,549.61 shares

SRE

Feb 21, 2018

Received

SRE

22,673 shares

SRE

Jan 2, 2018

Received

SRE

$2.61M

SRE at $113.51/share

May 23, 2017

Sale

SRE

$1.77M

SRE at $102.34/share

Jan 23, 2017

Sale

SRE

33,063.89 shares

SRE

Jan 4, 2017

Received

SRE

140,852.127 shares

SRE

Jan 4, 2016

Received

SRE

$3.52M

SRE at $98.50/share

Jul 1, 2015

Sale

SRE

74,717.379 shares

SRE

Jul 1, 2015

Received

Compensation History

See how much did Debra L. Reed make over time.

In terms of compensation, Debra L. Reed has structured her earnings to reflect performance-driven values. For example, in 2020, her total compensation was approximately $1.84 million, where $1.3 million was from her salary, and over $5 million attributed to stock that vested based on company performance. Reed's earning philosophy appears focused on aligning with long-term company goals and shareholder interests, rather than just short-term gains. Throughout her tenure from 2012 to 2018, she consistently saw her total compensation exceeding $18 million in peak years, largely due to bonuses tied to achieving high operational standards and safety metrics. In summary, her compensation structure exemplifies her commitment to driving company value while ensuring her financial incentives are squarely aligned with Sempra's performance.

Year

2020

Total Compensation

$6.77M

Salary

$1.30M

Board Justification

The compensation philosophy emphasizes performance-based incentives aligned with shareholder value creation and a balance between short-term and long-term incentives.

Bonus

$0.00

Board Justification

No bonus was paid in 2020 as the performance metrics were not met.

Other

$306.66K

Board Justification

Includes contributions to retirement plans, insurance premiums, and other benefits.

Restricted Stock

$5.17M(5.17M RSU)

Board Justification

Performance-based restricted stock units based on total shareholder return and EPS growth that vested in 2020.

Performance Metrics

The performance metrics for 2020 included ABP Earnings and Safety and Stakeholder Measures.

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