PRESS RELEASE—Chevron Corporation has announced the election of Debra Reed-Klages 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.
“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.”
Reed-Klages, 62, recently retired as executive chairman of Sempra Energy and served as chief executive officer from 2011 to 2018 and, since 2017, served as the company’s president. Prior to that, she was executive vice president of Sempra Energy. From 2006 to 2010, Reed-Klages served as president and chief executive officer of San Diego Gas & Electric(SDG&E) and Southern California Gas Co. (SoCalGas), Sempra Energy’s regulated California utilities. From 2004 to 2006, Reed-Klages was president and chief operating officer of SDG&E and SoCalGas and, before that, president of SDG&E and chief financial officer of both companies. She joined SoCalGas in 1978.
A graduate of the University of Southern California with a bachelor’s degree in civil engineering, Reed-Klages is on Caterpillar Inc.’s board and was a Halliburton board member from 2001 to 2018. She is a member of The Trusteeship, an affiliate of the International Women’s Forum. Additionally, she serves on the Rady Children’s Hospital and Health Center Board of Trustees and Rady Children’s Hospital – San Diego Board of Directors, and the board of councilors of the University of Southern California Viterbi School of Engineering.