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Jeffrey W. Martin is chairman and CEO of Sempra, a Fortune 500 energy infrastructure company with a market capitalization of nearly $50 billion and assets of $87 billion, headquartered in San Diego. He leads over 20,000 employees, serving the daily energy needs of more Americans than any other utility company in the U.S.
Martin is advancing Sempra’s mission to build North America’s premier energy infrastructure company by elevating the role the company plays in modernizing energy infrastructure that moves sustainable business practices forward, while extending access to improved health, well-being and prosperity. This focus on modernizing and expanding the energy grid to deliver cleaner forms of energy to the communities Sempra serves informs the organization’s strategy and how it organizes its assets, develops its employees and determines investments to help create more sustainable communities.
To that end, Martin oversees a $48 billion capital plan – the largest in the company’s history – which is powering its three growth platforms – Sempra California, Sempra Texas and Sempra Infrastructure to help deliver cleaner forms of energy to stakeholders in California and Texas and to partners internationally. With these strategic investments, Sempra is boldly advancing important initiatives in renewables and low-carbon solutions as well as piloting innovative technologies. Among them are essential vehicle-to-grid programs, virtual power plants, artificial intelligence, advanced energy storage and the pursuit of transformative hydrogen projects.
Under his leadership, Sempra is demonstrating its ability to build a more sustainable future while also advancing innovation and new technologies that are critical to advancing long-term economic growth and prosperity.
Martin serves on the International Business Council of the World Economic Forum and its Oil and Gas and Electricity communities and recently completed a two-year term as the chair of the Electricity Governors, comprised of many of the world’s largest electricity companies. Martin has published guest columns with the World Economic Forum on innovation, technology and leadership, as well as op-eds with other leading periodicals, such as MarketWatch, focused on the global energy transition. Also, he has been a featured speaker on the topics of leadership and global energy systems with leading policy think tanks.
Under Martin’s leadership, the company has seen great success driven by its high-performance culture, which is grounded in employees' shared vision, mission and values. It celebrates different perspectives, cultures and lived experiences as evidenced in the company demographics which include 36% of women in leadership positions and people of color accounting for 60% of Sempra’s workforce.
The impact of Martin’s leadership extends to community engagement, where Sempra has made over $30 million in community investments in 2023. He has also championed the company’s active employee engagement in philanthropy and in 2023, employees supported over 2,700 charities and organizations by donating their time and money, totaling nearly 40,000 volunteer hours and approximately $7 million.
Martin is committed to help advance the transition — and the world — to a lower carbon future, one that balances the need for cleaner energy with the necessity of reliability and resiliency for a rapidly changing world. As Sempra navigates the evolving energy landscape, Martin will continue the company’s strategic investments and focus on sustainability to strengthen resilient energy networks equipped to drive lower carbon emissions.
Nomination Title: Jeffrey W. Martin, Chairman and CEO