Debra L. Reed

Debra L. Reed (born 1957) is a 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. She was promoted from her previous role as Executive Vice President at the firm. Before joining the ranks at Sempra Energy, Reed was Chief Financial Officer and thereafter, President and CEO of 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, one of only 23 females in this position.

Business awards

Year Organization Title
1999 Utility Business Magazine Utility Rising Star
2000 League of Women Voters Glass Ceiling
2002 YWCA of San Diego Tribute to Women in Industry
2002 Gas Utility Manager Magazine Industry Leader
2004 California Science Center Woman of the Year
2006 San Diego Business Hall of Fame Junior Achievement
2007 Top 50 Women to Watch Top 50 Women to Watch
2007 National Association of Women Business Owners Corporate Partner of the Year
2008 Black Business Assoc. of LA Corporate Leader of the Year
2008 Southern California Leadership Council Southern California Leader of the Year
2009-11 Intelligent Utility Magazine Most Intelligent Utility in the US
2010 Ethisphere Institute World's Most Ethical Companies
2011 Renewable Energy World Magazine Solar Project of the Year
2011 Solar Industries Association Solar Champion
2011 U.S. EPA Organizational Leadership
2011 JD Power and Associates Top Customer Service Ranking in US for Gas Utilities
2011 Leadership California California State Business Leadership Award
2011 Fortune Magazine 50 Most Powerful Women in Business
2011-14 Corporate Responsibility Magazine 100 Best Corporate Citizens
2012 Power Magazine Nation’s Most Advanced Smart Grid
2012 American Society of Civil Engineers, San Diego section Sunrise Powerlink Transmission Project
2012 U.S. EPA Supply Chain Leadership
2012 Ethisphere Institute World's Most Ethical Companies
2012 Fortune Magazine 50 Most Powerful Women in Business
2012 San Diego Daily Transcript Top Influential
2012 Forbes Magazine one of the nation’s most influential

female CEOs

2013 Fortune Magazine 50 Most Powerful Women in Business
2013 Dow Jones Added to its Sustainability World Index
2014 Fortune Magazine 50 Most Powerful Women in Business
2014 Ethisphere Institute World's Most Ethical Companies

From 2011 to 2013, Reed was selected for the CDP Climate Disclosure Leadership Index. During the same time frame, she was selected for the Dow Jones Sustainability North America Index. In 2014, Reed was appointed by the U.S. Secretary of Energy to the National Petroleum Council.[3]

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.[4]

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. "Debra Reed Nominated to Join CAT Board of Directors". PRNewswire. Retrieved 9 April 2015.