Sempra reported a senior leadership transition tied to its planned infrastructure divestiture, announcing that its board appointed Justin C. Bird as executive vice president and chief financial officer of the company on July 6, 2026. The appointment will become effective on a date still to be determined, expected to be on or around the closing of Sempra’s planned sale of a portion of its equity interest in Sempra Infrastructure Partners, LP. Sempra said that sale is expected to close in the third quarter of 2026. Bird, age 55, has been with the Sempra family of companies for more than two decades. He has served as an executive vice president of Sempra since January 2024 and, before the new CFO appointment, was chief executive officer of Sempra Infrastructure and its predecessor LNG business since April 2020. The filing states that Bird’s compensation is not expected to change as a result of the CFO appointment. Bird will succeed Karen L. Sedgwick as Sempra’s chief financial officer. Sedgwick has been appointed chief executive officer and president of Southern California Gas Company, a Sempra subsidiary. Her move to lead SoCalGas will take effect concurrently with Bird’s assumption of the CFO role. The filing was made under Item 5.02, which covers departures, elections, appointments and compensation arrangements involving directors and certain officers. There were no reported securities transactions, share counts, prices, option grants, vesting terms or insider transaction codes in the document. Instead, the filing primarily discloses an executive succession plan connected to Sempra’s broader portfolio action involving Sempra Infrastructure Partners. Sempra also included cautionary forward-looking language, emphasizing that the timing and completion of the planned sale of part of its Sempra Infrastructure Partners equity interest remain subject to risks and uncertainties. The company cited potential risks including regulatory approvals, transaction execution, capital market conditions, litigation, wildfire exposure, policy changes, cybersecurity threats, interest rates, inflation and other operational and regulatory factors.
Stock detail
Sempra (SRE) stock price, chart, and key data
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Stock detail
Sempra
SRE · XNYS
-$1.84 (-1.98%) past day
$91.14
After hours $91.28 (+0.05%)
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Dividend
Past Dividend Performance
$0.65
$0.66
$0.66
Annual Dividend Yield
2.79%
Dividend
$0.66 / Stock
Frequency
Quarterly Payment
Day range
$89.42 - $95.95
Close price
$91.23
Market cap
$60.8B
P/E ratio
59.61
About the company
Sempra
Sempra serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. Sempra Infrastructure Partners, 25% owned by Sempra, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico.
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#1Ro Khanna
democrat · House · CA-17
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#2Julie Johnson
democrat · House · TX-32
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democrat · House · OR-4
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#4Rob Bresnahan
republican · House · PA-8
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#5Ro Khanna
democrat · House · CA-17
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#6Dwight Evans
democrat · House · PA-3
#7Gilbert Cisneros
democrat · House · CA-31
#8Donald J Trump
republican · Executive
#9Lisa McClain
republican · House · MI-9
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