Sempra Names New CFO, SoCalGas CEO Ahead of Planned KKR Deal Close

MT Newswires Live

07/10

Sempra (SRE) said Thursday it appointed Justin Bird as chief financial officer and Karen Sedgwick as president and chief executive of Southern California Gas.

The appointments will take effect when the company's planned sale of a 45% stake in Sempra Infrastructure to KKR (KKR) affiliates closes. Sempra expects the transaction to close in Q3.

Bird is currently CEO of Sempra Infrastructure, and Sedgwick currently serves as Sempra's CFO, it said.

Sempra said the leadership changes support its strategy to focus on regulated utility operations in California and Texas.

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