Sempra Energy appoints two new Directors

Sempra Energy appoints two new Directors


Sempra Energy has announced that Cynthia Walker and Michael Mears have been appointed to the company’s Board of Directors.

Cynthia is Senior Vice President of Marketing and Midstream Operations and Development for Occidental Petroleum, where she also formerly served as Executive Vice President and Chief Financial Officer. Michael currently is Chairman, President and CEO of Magellan Midstream Partners LP.

The appointments were mutually agreed upon by Sempra Energy’s board and Elliott Management Corporation as part of the cooperation agreement announced last month. Cynthia and Michael will serve on the board’s LNG and Business Development Committee, which, together with the board, will lead an expanded review of Sempra Energy’s businesses. Along with Cynthia and Michael, three current independent Board Directors – William Rusnack, James Yardley and Alan Boeckmann – will serve on the committee, with Alan as Chair.

Cynthia has served in her current role with Occidental Petroleum since 2016, leading midstream operations and the company’s crude oil and natural gas marketing efforts. Previously, she was Senior Vice President of Strategy and Development for Occidental, overseeing the company’s business development and financial planning activities. 

Cynthia joined Occidental Petroleum in 2012 as Executive Vice President and Chief Financial Officer after 12 years at Goldman, Sachs & Co., where she rose to the position of Managing Director. 

Michael has been Chairman, President and CEO of Magellan Midstream Partners since 2011. Previously, from 2008 to 2011, he was the company’s Chief Operating Officer. He first joined Magellan Midstream Partners in 2002 when the company was formed and held a series of increasingly responsible management positions, including Vice President of Transportation and Senior Vice President of Terminals and Transportation.

For more information visit: www.sempra.com

22nd October 2018