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Sempra CEO Gets Biggest Bonus Ever, After Biggest Gas Leak Ever
bloomberg.com
The same year a broken Sempra Energy storage well created the biggest natural gas leak in U.S. history, Chief Executive Officer Debra Reed earned her largest bonus yet.
While Reed received no payout for the part of her 2015 bonus that’s tied to customer satisfaction and pipeline safety at two Sempra utilities -- amounting to about $130,000 -- she was awarded $3.17 million because the company’s earnings exceeded targets, according to a company statement. It’s her biggest bonus yet as CEO. Her total pay package was $16.1 million in the fiscal year ended Dec. 31, a proxy statement filed Friday shows.
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