SoCalGas Reports Director Changes & Executive Comp Updates
Ticker: SOCGM · Form: 8-K · Filed: Sep 13, 2024 · CIK: 92108
| Field | Detail |
|---|---|
| Company | Southern California Gas Co (SOCGM) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $25 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: SRE
TL;DR
SoCalGas board shakeup and exec pay changes filed. Keep an eye on governance.
AI Summary
Southern California Gas Company, a subsidiary of Sempra Energy, filed an 8-K on September 13, 2024, reporting changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors and the election of new ones, effective September 10, 2024. Specific details regarding the compensation of certain officers are also outlined.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial priorities, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns corporate governance and executive appointments, which typically carry a low direct financial risk.
Key Players & Entities
- Southern California Gas Co (company) — Filer
- Sempra Energy (company) — Parent Company
- 20240910 (date) — Effective Date of Changes
- 20240913 (date) — Filing Date
FAQ
What specific roles have been affected by the director and officer changes?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers,' but does not specify the exact roles affected in the provided text.
When were these changes in directors and officers effective?
The changes were effective as of September 10, 2024.
What is the primary business of Southern California Gas Co?
Southern California Gas Co operates in Natural Gas Transmission, as indicated by its SIC code 4922.
Who is the parent company of Southern California Gas Co?
Sempra Energy is the parent company of Southern California Gas Co.
What other information is being disclosed in this 8-K besides director and officer changes?
The filing also covers 'Compensatory Arrangements of Certain Officers'.
Filing Stats: 482 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-09-13 16:17:10
Key Financial Figures
- $25 — 75% Junior Subordinated Notes Due 2079, $25 par value SREA New York Stock Exchange
Filing Documents
- srescg-20240910.htm (8-K) — 33KB
- srescg-20240910_g1.jpg (GRAPHIC) — 119KB
- srescg-20240910_g2.jpg (GRAPHIC) — 103KB
- 0001032208-24-000033.txt ( ) — 766KB
- srescg-20240910.xsd (EX-101.SCH) — 3KB
- srescg-20240910_def.xml (EX-101.DEF) — 17KB
- srescg-20240910_lab.xml (EX-101.LAB) — 30KB
- srescg-20240910_pre.xml (EX-101.PRE) — 17KB
- srescg-20240910_htm.xml (XML) — 6KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. SEMPRA, (Registrant) Date: September 13, 2024 By: /s/ Peter R. Wall Peter R. Wall Senior Vice President, Controller and Chief Accounting Officer SOUTHERN CALIFORNIA GAS COMPANY, (Registrant) Date: September 13, 2024 By: /s/ Mia L. DeMontigny Mia L. DeMontigny Senior Vice President and Chief Financial Officer