Sempra Infrastructure Names Bhavesh "Bob" Patel Incoming Chief Executive Officer
Sempra Infrastructure has named Bhavesh "Bob" Patel as its incoming chief executive officer, effective upon the closing of the KKR-led consortium's acquisition of a majority stake in the company. Patel, a former CEO of LyondellBasell and president of Standard Industries, brings nearly 40 years of experience in global energy and chemicals. He will also join the Sempra Infrastructure board of directors. Current CEO Justin Bird will step down from the operational role but remain as executive vice president at parent company Sempra and serve on the Sempra Infrastructure board.
Key figures
- Kkr stake
- 65%
- Adia stake
- 10%
- Sempra retained stake
- 25%
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