Sempra Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Jeff Martin

Chief executive officer

US$27.4m

Total compensation

CEO salary percentage	5.5%
CEO tenure	6yrs
CEO ownership	0.003%
Management average tenure	1.5yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jeff Martin's remuneration changed compared to Sempra's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$27m	US$2m	US$3b
Sep 30 2023	n/a	n/a	US$3b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$2b
Dec 31 2022	US$19m	US$1m	US$2b
Sep 30 2022	n/a	n/a	US$2b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$992m
Dec 31 2021	US$25m	US$1m	US$1b
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$23m	US$1m	US$2b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$20m	US$1m	US$2b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$900m
Dec 31 2018	US$9m	US$968k	US$736m
Sep 30 2018	n/a	n/a	-US$578m
Jun 30 2018	n/a	n/a	-US$741m
Mar 31 2018	n/a	n/a	US$134m
Dec 31 2017	US$4m	US$600k	US$287m

Compensation vs Market: Jeff's total compensation ($USD27.42M) is above average for companies of similar size in the German market ($USD5.55M).

Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.

CEO

Jeff Martin (61 yo)

6yrs

Tenure

US$27,421,881

Compensation

Mr. Jeffrey Walker Martin, also known as Jeff, has been President at Sempra since March 31, 2020. He served as Vice President of Investor Relations at Pacific Enterprises until 2009. Mr. Martin has been th...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jeffrey Martin	Chairman	6yrs	US$27.42m	0.0029% $ 1.2m
Karen Sedgwick	Executive VP & CFO	less than a year	US$7.99m	0.0053% $ 2.3m
Peter Wall	Senior VP	6yrs	US$1.67m	0.0018% $ 780.7k
Trevor Mihalik	Executive VP & Group President	less than a year	US$7.82m	0.0014% $ 594.0k
Glen Donovan	Vice President of Investor Relations	1.9yrs	no data	no data
Diana Day	Chief Legal Counsel	less than a year	no data	0.0024% $ 1.0m
Justin Bird	Executive VP & CEO of Sempra Infrastructure	no data	no data	0.0028% $ 1.2m
Lisa M. Alexander	Senior VP of Corporate Affairs & Chief Sustainability Officer	4.3yrs	no data	no data
Sandeep Mor	Senior Vice President of Finance	2.3yrs	no data	no data
Robert Borthwick	Chief Risk Officer	less than a year	no data	no data
Deborah Martin	VP of People & Culture and Chief Diversity Officer	less than a year	no data	no data
E. Nye	Chief Executive Officer of Oncor & Oncor Holdings	no data	no data	no data

1.5yrs

Average Tenure

55yo

Average Age

Experienced Management: SE4's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jeffrey Martin	Chairman	6yrs	US$27.42m	0.0029% $ 1.2m
Tania Ortiz Mena Negrete	CEO & Director of Infraestructura Energetica Nova S.A.B. de C.V.	no data	no data	no data
Pablo Ferrero	Independent Director	10.5yrs	US$300.89k	0.0018% $ 755.2k
James Yardley	Independent Director	11yrs	US$325.00k	no data
Richard Mark	Independent Director	less than a year	no data	0% $ 0
Michael Mears	Independent Director	5.6yrs	US$338.67k	0.00063% $ 267.3k
Bethany Mayer	Independent Director	4.9yrs	US$322.83k	0.00021% $ 89.1k
Cynthia Warner	Lead Independent Director	4.9yrs	US$345.54k	0.00074% $ 314.0k
Jack Taylor	Independent Director	11.3yrs	US$379.71k	0.000040% $ 17.0k
Andres Conesa	Independent Director	7.3yrs	US$311.95k	0.0027% $ 1.2m

6.0yrs

Average Tenure

61yo

Average Age

Experienced Board: SE4's board of directors are considered experienced (6 years average tenure).

Sempra Management

Management criteria checks 1/4

Key information

Recent management updates

Sempra, Annual General Meeting, May 09, 2024

Sempra Announces Chief Financial Officer Changes

Sempra Announces Chief Financial Officer Changes

Sempra Announces Resignation of Kevin C. Sagara as Executive Vice President and Group President, Effective December 1, 2023

Sempra Announces Resignation of Cynthia L. Walker as Director

Sempra Appoints Richard Mark to the Board of Directors and Member of Audit, Compensation and Talent Development Committees, Effective August 21, 2023

Recent updates

Sempra to Report Q1, 2024 Results on May 07, 2024

Sempra, Annual General Meeting, May 09, 2024

Upcoming dividend of US$0.62 per share

Fourth quarter dividend of US$0.62 announced

Full year 2023 earnings released: EPS: US$4.81 (vs US$3.32 in FY 2022)

Now 20% undervalued

Sempra to Report Q4, 2023 Results on Feb 27, 2024

Now 21% undervalued after recent price drop

Sempra Announces Chief Financial Officer Changes

Sempra Announces Chief Financial Officer Changes

Upcoming dividend of US$0.59 per share at 3.2% yield

Sempra Declares Quarterly Common Dividend, Payable on January 15, 2024

Sempra has filed a Follow-on Equity Offering in the amount of $1 billion.

Sempra has filed a Follow-on Equity Offering in the amount of $1 billion.

Sempra Re-Affirms Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$1.14 (vs US$0.77 in 3Q 2022)

Sempra to Report Q3, 2023 Results on Nov 03, 2023

Sempra Announces Resignation of Kevin C. Sagara as Executive Vice President and Group President, Effective December 1, 2023

Upcoming dividend of US$0.59 per share at 3.2% yield

Sempra Announces Resignation of Cynthia L. Walker as Director

Sempra Declares Quarterly Common Dividend, Payable on October 15, 2023

Sempra Appoints Richard Mark to the Board of Directors and Member of Audit, Compensation and Talent Development Committees, Effective August 21, 2023

Sempra Provides Earnings Guidance for the Full-Year of 2023 and 2024

Second quarter 2023 earnings released: EPS: US$1.91 (vs US$1.78 in 2Q 2022)

Sempra to Report Q2, 2023 Results on Aug 03, 2023

Upcoming dividend of US$1.19 per share at 3.3% yield

Sempra Declares Quarterly Common Dividend, Payable on July 15, 2023

Sempra Energy Affirms Earnings Guidance for the Full-Year 2023 and Full-Year 2024

First quarter 2023 earnings released: EPS: US$3.08 (vs US$1.94 in 1Q 2022)

Upcoming dividend of US$1.19 per share at 3.2% yield

Full year 2022 earnings released: EPS: US$6.64 (vs US$4.02 in FY 2021)

Sempra to Report Q4, 2022 Results on Feb 28, 2023

Upcoming dividend of US$1.15 per share

Insufficient new directors

Sempra Declares Quarterly Dividend, Payable Jan. 15, 2023

Third quarter 2022 earnings released: EPS: US$1.54 (vs US$2.03 loss in 3Q 2021)

Sempra Updates Earnings Guidance for the Full Year of 2022 and Affirms Earnings Guidance for the Full Year of 2023

Sempra to Report Q3, 2022 Results on Nov 03, 2022

Upcoming dividend of US$1.15 per share

Sempra Declares Quarterly Dividend, Payable on October 15, 2022

Second quarter 2022 earnings released: EPS: US$1.78 (vs US$1.38 in 2Q 2021)

Sempra Provides Earnings Guidance for 2022 and 2023

Insufficient new directors

Sempra to Report Q2, 2022 Results on Aug 04, 2022

Insufficient new directors

Upcoming dividend of US$1.15 per share

Black River B 2017 Inc. completed the acquisition of 10% stake in Sempra Infrastructure Partners, LP from Sempra (NYSE:SRE) for $1.7 billion.

Sempra Appoints Bethany J. Mayer as Director

Insufficient new directors

Sempra Declares Quarterly Dividend, Payable on July 15, 2022

First quarter 2022 earnings released: EPS: US$1.94 (vs US$2.91 in 1Q 2021)

Sempra Updates Earnings Guidance for the Full Year 2022 and Re-Affirms Earnings Guidance for the Full Year 2023

Sempra to Report Q1, 2022 Results on May 05, 2022

Upcoming dividend of US$1.15 per share

Senior VP recently sold €333k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Sempra Provides Earnings Guidance for the Full Year 2022

Sempra to Report Q4, 2021 Results on Feb 25, 2022

Sempra Affirms Earnings Guidance for the Full Year 2022

Upcoming dividend of US$1.10 per share

Third quarter 2021 earnings released: US$2.03 loss per share (vs US$1.24 profit in 3Q 2020)

Cotchett, Pitre & McCarthy Announces SoCalGas Well Blowout Lawsuit Has Settled for a Record $1.8 Billion

Upcoming dividend of US$1.10 per share

Sempra Launches Sustainable Financing Framework Aligned with Company's ESG Initiatives

Second quarter 2021 earnings released: EPS US$1.38 (vs US$1.58 in 2Q 2020)

Sempra Energy Provides Earnings Guidance for the Full Year 2021 and 2022

Upcoming dividend of US$1.10 per share

CEO Compensation Analysis

CEO