Caterpillar nominates Sempra Energy CEO to join Board of Directors

Caterpillar nominates Sempra Energy CEO to join Board of Directors

Caption: Debra Reed. Courtesy Sempra Energy

Caterpillar’s Board of Directors has nominated Debra Reed, chief executive officer (CEO) and chairman for Sempra Energy (NYSE:SRE), to join its Board. The election will take place during the company’s June 2015 annual stockholders meeting.

Reed began her Sempra Energy career in 1978 as an engineer. Additionally she held leadership positions at Southern California Gas Co. and San Diego Gas & Electric, Sempra Energy's two regulated California utilities.

"Energy is core to our business at Caterpillar, so having a Board member who has spent her entire 37-year-career at one company in this industry will greatly benefit our company," said Doug Oberhelman, chairman and CEO Caterpillar.

Reed has been named one of Fortune magazine's 50 Most Powerful Women in Business (2011 - 2014). She is also a board member of Halliburton Co., where she serves as the chair of the Nominating and Corporate Governance Committee and is a member of the Compensation Committee.

Subscribe to the Power Engineering enewsletter

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...