Sempra reported a senior management reshuffle tied to a pending strategic transaction involving its infrastructure business. On July 6, 2026, Sempra’s board of directors appointed Justin C. Bird as executive vice president and chief financial officer of the company. The appointment is not immediately effective; it will take effect on a date still to be determined, expected to be around the closing of Sempra’s planned sale of a portion of its equity interest in Sempra Infrastructure Partners, LP. Sempra said that sale is expected to close in the third quarter of 2026. Bird, 55, has worked in leadership roles across the Sempra organization for more than two decades. He has served as an executive vice president of Sempra since January 2024 and has led Sempra Infrastructure, including its predecessor LNG business, as chief executive officer since April 2020. The filing states that Bird’s compensation is not expected to change as a result of his appointment as CFO. Bird will succeed Karen L. Sedgwick as Sempra’s chief financial officer. Sedgwick has been appointed chief executive officer and president of Southern California Gas Company, a Sempra subsidiary. Her new role will become effective at the same time Bird assumes the CFO position. The filing was made under Item 5.02 of Form 8-K, which covers departures, elections, appointments and compensatory arrangements involving directors and certain officers. It does not report any stock purchase or sale, option exercise, restricted stock vesting, insider transaction code, share count, transaction price or post-transaction ownership amount. Instead, the key corporate action is the planned executive transition connected to Sempra’s expected partial sale of its stake in Sempra Infrastructure Partners. Sempra also included extensive forward-looking statement language, emphasizing that the timing and completion of the infrastructure stake sale, as well as related business outcomes, remain subject to risks and uncertainties. The company specifically noted that Sempra Infrastructure, its Texas utilities, and its California utilities—including San Diego Gas & Electric and Southern California Gas—are separate entities and are not regulated in the same way.