Hello, Guest!
  • Friday, November 22, 2024

Energy Sector Vet Debra Reed-Klages to Join Lockheed Board; Marillyn Hewson Quoted


Jeff Brody
Debra Reed-Klages

Former Sempra Energy Chairman, President and CEO Debra Reed-Klages has been named a member of Lockheed Martin‘s (NYSE: LMT) board of directors in a move that takes effect Nov. 1.

She will be a part of the board’s audit and management development and compensation committees, Lockheed said Friday.

“Debra brings a demonstrated track record of global business leadership and extensive experience in risk management and environmental and sustainability strategies,” said Marillyn Hewson, chairman, president and CEO of Lockheed and a 2019 Wash100 winner.

Reed-Klages led Sempra as chief executive from June 2011 to December 2012 before she added the chairman title. She took on the president role in March 2017 and retired from the San Diego-based energy infrastructure company in December last year as executive chairman.

She began her career at Sempra’s SoCalGas utility business in 1978.

Reed-Klages is also a board member at Chevron, State Farm Mutual and Caterpillar.

Video of the Day

Related Articles

DLA Selects Caterpillar for $1.3B Military Construction Equipment Supply Contract Contract Awards

DLA Selects Caterpillar for $1.3B Military Construction Equipment Supply Contract

Caterpillar (NYSE: CAT) will compete to supply equipment for military construction projects under a Defense Logistics Agency contract worth potentially $1.28 billion over five years. DLA received three responses to a competitive acquisition process for the economic-price-adjustment, indefinite-delivery requirements type contract, the Defense Department said Thursday. The agency expects to award additional spots on the

Boeing Splits Chairman, CEO Roles; David Calhoun Named Non-Executive Chairman Executive Moves

Boeing Splits Chairman, CEO Roles; David Calhoun Named Non-Executive Chairman

David Calhoun, independent lead director at Boeing (NYSE: BA), has been elected to serve as non-executive chairman after the aerospace and defense company’s board decided to separate the chairman and CEO roles in an effort to strengthen the firm’s safety management practices and governance.

Five Companies to Supply FEMA Generators Under $90M Shared Contract Modification Contract Awards

Five Companies to Supply FEMA Generators Under $90M Shared Contract Modification

The Defense Logistics Agency has awarded a $90M contract modification to five companies for the supply of generators and related supplies to the Federal Emergency Management Agency. Contractors will perform work in Virginia, Washington, D.C., Illinois, Georgia and Texas through July 1, 2019, the Department of Defense said Tuesday. The awardees are: Atlantic Diving Supply Caterpillar