Sempra Energy Names James H. Lambright Senior Vice President Of Corporate
SAN DIEGO, Dec. 10, 2012
SAN DIEGO, Dec. 10, 2012 /PRNewswire/ -- Sempra Energy (NYSE: SRE) today
announced that James H. Lambright will join the company as senior vice
president of corporate development, effective Jan. 2, 2013.
In this newly created position, Lambright will direct Sempra Energy's
investments, strategic partnerships and acquisitions. He will report to Mark
A. Snell, Sempra Energy's president.
"We are pleased that Jim Lambright is joining our senior management team,"
Snell said. "His experience in the public and private sectors, as well as
expertise in mergers and acquisitions, finance and energy, will help us
accelerate our strategic plan for growth."
Most recently, Lambright, 42, served as chief operating officer, chief
financial officer, president-international and a member of the board of
directors for Sapphire Energy, a San Diego-based biofuels development
Previously, from 2006 to 2009, Lambright served as chairman and CEO of the
U.S. Export-Import Bank, an independent government corporation based in
Washington D.C., responsible for financing U.S. exports to more than 150
countries. Under Lambright's leadership, the bank became a self-financing
institution operating without taxpayer funds.
While at the U.S. Export Bank, Lambright also was chief investment officer for
the U.S. Treasury Department's $700 billion Troubled Asset Relief Program
(TARP). In this capacity, he chaired the investment committee responsible for
committing the TARP funds, with the objectives of optimizing returns and
preventing the collapse of the financial system.
Earlier in his career, Lambright served as a vice president of private equity
for Donaldson, Lufkin & Jenrette, Inc., an investment banking firm that was
acquired by Credit Suisse.
Lambright graduated cum laude with a law degree from Harvard Law School and
holds a bachelor's degree in linguistics from Stanford University, where he
was elected to Phi Beta Kappa. He is a Henry Crown Fellow of the Aspen
Institute and serves on the board of PeacePlayers International, a Washington,
D.C.-based nonprofit organization.
Sempra Energy has four principal operating subsidiaries: Southern California
Gas Co., San Diego Gas & Electric, Sempra International and Sempra U.S. Gas &
Sempra Energy, based in San Diego, is a Fortune 500 energy services holding
company with 2011 revenues of $10 billion. The Sempra Energy companies' 17,500
employees serve more than 31 million consumers worldwide.
SOURCE Sempra Energy
Contact: Art Larson, Sempra Energy, +1-877-340-8875, www.sempra.com, or
Financial, Victor Vilaplana, Sempra Energy, +1-877-736-7727,
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