Southern California Gas Company (SOCGM) reshapes CFO and General Counsel positions
Rhea-AI Filing Summary
Southern California Gas Company announced several senior leadership changes aligned with Sempra’s shared officer model for SoCalGas and San Diego Gas & Electric. Effective January 31, 2026, Valerie A. Bille, currently Senior Vice President and Chief Financial Officer of SDG&E, will also become Senior Vice President and Chief Financial Officer of SoCalGas, while retaining her SDG&E CFO role. Her annual base salary will increase to $430,000, her performance-based cash bonus target will remain at 50% of base salary, and the target value of her long-term equity-based incentive awards is expected to remain at 120% of base salary, with eligibility for executive benefits similar to other SoCalGas officers.
David J. Barrett will resign as Senior Vice President and General Counsel of SoCalGas to become Senior Vice President and Deputy General Counsel of Litigation and Regulatory for Sempra, and Robert J. Borthwick, currently Sempra’s Chief Risk Officer, will become Senior Vice President and General Counsel for both SoCalGas and SDG&E. Mia L. DeMontigny will resign as Senior Vice President, Chief Financial Officer and Treasurer of SoCalGas.
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FAQ
What executive leadership changes did Southern California Gas Company (SOCGM) announce?
Southern California Gas Company announced that Valerie A. Bille will become Senior Vice President and Chief Financial Officer of SoCalGas, while retaining the same roles at San Diego Gas & Electric. Robert J. Borthwick will become Senior Vice President and General Counsel for both SoCalGas and SDG&E, and David J. Barrett and Mia L. DeMontigny will resign from their SoCalGas officer roles.
When do the management changes at Southern California Gas Company take effect?
All of the described leadership actions and related compensation and benefits changes at Southern California Gas Company are effective January 31, 2026.
What is Valerie A. Bille’s new compensation as CFO of Southern California Gas Company?
In her expanded role, Valerie A. Bille’s annual base salary will be $430,000. Her performance-based cash bonus target will remain at 50% of her annual base salary, and the Compensation Committee intends that her annual long-term equity-based incentive awards continue to have a target value of 120% of her annual base salary, along with other executive benefits similar to SoCalGas’ comparable officers.
What role will David J. Barrett hold after resigning from SoCalGas?
After resigning as Senior Vice President and General Counsel of Southern California Gas Company, David J. Barrett will serve as Senior Vice President and Deputy General Counsel of Litigation and Regulatory for Sempra.
Who is becoming General Counsel of Southern California Gas Company and SDG&E?
Robert J. Borthwick, who currently serves as Chief Risk Officer for Sempra, has been appointed Senior Vice President and General Counsel for both Southern California Gas Company and San Diego Gas & Electric Company.
Which officer is resigning as CFO and Treasurer of Southern California Gas Company?
Mia L. DeMontigny provided notice that she will resign as Senior Vice President, Chief Financial Officer and Treasurer for Southern California Gas Company.
How do these changes relate to Sempra’s shared officer model for SoCalGas and SDG&E?
The company stated that these management changes expand the existing shared officer model for key positions at SoCalGas and SDG&E as part of a broader initiative to simplify the business, capture efficiencies, and improve customer affordability.
