SAN DIEGO, Feb. 28, 2017 /PRNewswire/ -- Sempra Energy
(NYSE: SRE) has appointed Bethany Jean
Mayer and Andrés Conesa to its board of directors.
Mayer, 55, is president, CEO and a member of the board of
directors of Ixia, a Calabasas,
Calif.-based computer network solutions and security
provider. Conesa, 47, is CEO of Grupo Aeromexico, a holding company
with subsidiaries engaged in commercial aviation in
Mexico.
"Bethany Mayer and Andrés Conesa
will broaden the experience and breadth of Sempra Energy's board as
we continue to expand our market footprint and innovate in the
energy industry," said Debra L.
Reed, chairman and CEO of Sempra Energy.
Mayer has served in her current role with Ixia since
2014. Previously, from 2010 to 2014, she held a variety of
leadership positions at Hewlett-Packard, including senior vice
president and general manager of its network functions
virtualization business. From 2007 to 2010, Mayer was senior vice
president, worldwide marketing and corporate development, of Blue
Coat Systems, a cybersecurity and network management firm.
Previously, she held management roles at Cisco Systems, Apple and
Lockheed Martin.
Mayer holds a bachelor's degree in political science from
Santa Clara University and a master's
degree in business administration from California State University, Monterey
Bay.
Conesa has been Grupo Aeromexico's CEO since 2005. Previously,
from 2003 to 2005, he was the chairman of the board of directors of
CINTRA (the holding company of Aeromexico and Mexicana).
Previously, he spent seven years serving in Mexico's Ministry of Finance, including as
deputy undersecretary for public credit from 2003 to
2004.
Conesa holds a bachelor's degree in economics from the Instituto
Tecnológico Autónomo de México and a doctorate in economics
from the Massachusetts Institute of
Technology.
Sempra Energy now has 13 board members.
Sempra Energy, based in San
Diego, is a Fortune 500 energy services holding company with
2016 revenues of more than $10
billion. The Sempra Energy companies' more than 16,000
employees serve approximately 32 million consumers worldwide.
This press release contains statements that are not
historical fact and constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements can be identified by words like
"believes," "expects," "anticipates," "plans," "estimates,"
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"depends," "should," "could," "would," "will," "confident," "may,"
"potential," "possible," "proposed," "target,"
"pursue," "outlook," "maintain," or similar expressions or
discussions of guidance, strategies, plans, goals, opportunities,
projections, initiatives, objectives or intentions.
Forward-looking statements are not guarantees of performance.
They involve risks, uncertainties and assumptions. Future
results may differ materially from those expressed in the
forward-looking statements.
Factors, among others, that could cause actual results and
future actions to differ materially from those described in
forward-looking statements include: actions and the timing of
actions, including decisions, new regulations, and issuances of
permits and other authorizations by the California Public Utilities
Commission, U.S. Department of Energy, California Division of Oil,
Gas, and Geothermal Resources, Federal Energy Regulatory
Commission, U.S. Environmental Protection Agency, Pipeline and
Hazardous Materials Safety Administration, Los Angeles County
Department of Public Health, states, cities and counties, and other
regulatory and governmental bodies in the
United States and other countries in which we operate; the
timing and success of business development efforts and construction
projects, including risks in obtaining or maintaining permits and
other authorizations on a timely basis, risks in completing
construction projects on schedule and on budget, and risks in
obtaining the consent and participation of partners; the resolution
of civil and criminal litigation and regulatory investigations;
deviations from regulatory precedent or practice that result in a
reallocation of benefits or burdens among shareholders and
ratepayers; modifications of settlements; and delays in, or
disallowance or denial of, regulatory agency authorizations to
recover costs in rates from customers (including with respect to
regulatory assets associated with the San Onofre Nuclear Generating
Station facility and 2007 wildfires) or regulatory agency approval
for projects required to enhance safety and reliability; the
availability of electric power, natural gas and liquefied natural
gas, and natural gas pipeline and storage capacity, including
disruptions caused by failures in the transmission grid,
moratoriums on the withdrawal or injection of natural gas from or
into storage facilities, and equipment failures; changes in energy
markets; volatility in commodity prices; moves to reduce or
eliminate reliance on natural gas; and the impact on the value of
our investment in natural gas storage and related assets from low
natural gas prices, low volatility of natural gas prices and the
inability to procure favorable long-term contracts for storage
services; risks posed by actions of third parties who control the
operations of our investments, and risks that our partners or
counterparties will be unable or unwilling to fulfill their
contractual commitments; weather conditions, natural
disasters, accidents, equipment failures, explosions, terrorist
attacks and other events that disrupt our operations, damage our
facilities and systems, cause the release of greenhouse gases,
radioactive materials and harmful emissions, cause wildfires and
subject us to third-party liability for property damage or personal
injuries, fines and penalties, some of which may not be covered by
insurance (including costs in excess of applicable policy limits)
or may be disputed by insurers; cybersecurity threats to the energy
grid, storage and pipeline infrastructure, the information and
systems used to operate our businesses and the confidentiality of
our proprietary information and the personal information of our
customers and employees; the ability to win competitively bid
infrastructure projects against a number of strong and aggressive
competitors; capital markets and economic conditions, including the
availability of credit and the liquidity of our investments;
fluctuations in inflation, interest and currency exchange rates and
our ability to effectively hedge the risk of such fluctuations;
changes in the tax code as a result of potential federal tax
reform, such as the elimination of the deduction for interest and
non-deductibility of all, or a portion of, the cost of imported
materials, equipment and commodities; changes in foreign and
domestic trade policies and laws, including border tariffs,
revisions to favorable international trade agreements, and changes
that make our exports less competitive or otherwise restrict our
ability to export; expropriation of assets by foreign
governments and title and other property disputes; the impact on
reliability of San Diego Gas & Electric Company's (SDG&E)
electric transmission and distribution system due to increased
amount and variability of power supply from renewable energy
sources; the impact on competitive customer rates due to the growth
in distributed and local power generation and the corresponding
decrease in demand for power delivered through SDG&E's electric
transmission and distribution system and from possible departing
retail load resulting from customers transferring to Direct Access
and Community Choice Aggregation; and other uncertainties, some of
which may be difficult to predict and are beyond our
control.
These risks and uncertainties are further discussed in the
reports that Sempra Energy has filed with the Securities and
Exchange Commission. These reports are available through the EDGAR
system free-of-charge on the SEC's
website, www.sec.gov, and on the company's
website at www.sempra.com. Investors should
not rely unduly on any forward-looking statements. These
forward-looking statements speak only as of the date hereof, and
the company undertakes no obligation to update or revise these
forecasts or projections or other forward-looking statements,
whether as a result of new information, future events or
otherwise.
Sempra South American Utilities, Sempra Infrastructure,
Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico and
IEnova are not the same as the California utilities, San Diego Gas &
Electric (SDG&E) or Southern California Gas Company (SoCalGas),
and are not regulated by the California Public Utilities
Commission.
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SOURCE Sempra Energy