Debra L. Reed Ranked Among Fortune's 'Most Powerful Women In Business' For 2016

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Sep 08, 2016, 04:15 ET

SAN DIEGO, Sept. 8, 2016 /PRNewswire/ -- For the sixth consecutive year, Fortune magazine has named Debra L. Reed, chairman and CEO of Sempra Energy (NYSE: SRE), to the magazine's "Most Powerful Women in Business" list.

Reed is ranked No. 22 in 2016, up from No. 23 last year.

Debra L. Reed, Chairman and CEO, Sempra Energy

Fortune's "Most Powerful Women in Business" was launched in 1998 to recognize the most successful women in the nation.

In compiling the list, Fortune's editors consider four criteria: the size and importance of the woman's business in the global economy; the health and direction of the business; the arc of the woman's career; and social and cultural influence.

Fortune's "Most Powerful Women in Business" list is now available online.

Reed, 60, has served as Sempra Energy's CEO since 2011 and as the company's chairman since 2012. She has spent her entire 38-year career with the Sempra Energy companies. Previously, Reed was executive vice president of Sempra Energy. From 2006 to 2010, she served as president and CEO of San Diego Gas & Electric (SDG&E) and Southern California Gas Co. (SoCalGas), Sempra Energy's two California utilities. Reed first joined SoCalGas in 1978 and became the company's first female officer 10 years later. She holds a bachelor's degree in civil engineering from the University of Southern California.

Sempra Energy's four principal subsidiaries are SDG&E, SoCalGas, Sempra U.S. Gas & Power and Sempra International.

Sempra Energy (NYSE: SRE), based in San Diego, is a Fortune 500 energy services holding company with 2015 revenues of more than $10 billion. The Sempra Energy companies' 17,000 employees serve more than 32 million consumers worldwide.

Sempra International, LLC, Sempra U.S. Gas & Power, LLC, and Sempra Partners, LP, are not the same companies as the California utilities, San Diego Gas & Electric (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra International, LLC, Sempra U.S. Gas & Power, LLC, and Sempra Partners, LP, are not regulated by the California Public Utilities Commission. Sempra International's underlying entities include Sempra Mexico and Sempra South American Utilities. Sempra U.S. Gas & Power's underlying entities include Sempra Renewables and Sempra Natural Gas.

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SOURCE Sempra Energy