Sempra’s ex-CEO joins Chevron BoD
US energy giant Chevron said Tuesday that Debra Reed-Klages, former chief executive of energy company and LNG operator Sempra Energy, has been elected to Chevron’s board of directors.
Reed-Klages’ appointment is effective immediately and, as of December 5, 2018, she will serve on the Management Compensation Committee and the Public Policy Committee, Chevron said.
Reed-Klages, 62, recently retired as executive chairman of Sempra and served as chief executive officer from 2011 to 2018 and, since 2017, served as the company’s president. She is also on Caterpillar Inc.’s board and was a Halliburton board member from 2001 to 2018.
“Debbie brings a tremendous depth of business leadership to Chevron’s boardroom through her decades of experience with regulated utilities in California and with major energy infrastructure projects,” said Michael K. Wirth, Chevron’s chairman of the board and chief executive officer.
“Debbie also spent almost two decades on Halliburton’s Board. This combination provides valuable perspective that will serve Chevron and our stockholders well,” he added.