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Williams Adds Three Independent Directors to Board

Share Print Bookmark    |    Tuesday,August 16,2016

The Williams Companies, Inc. intends to appoint three new, independent directors to its Board of Directors, to be effective prior to the Company’s 2016 Annual Meeting. With these additions, the Williams Board will be expanded to 10 directors, all of whom will stand for election at the Company’s 2016 Annual Meeting. The Annual Meeting is scheduled for Nov. 23, 2016.

With the assistance of leading global executive search and leadership consulting firm Spencer Stuart and after discussions with the stockholders of Williams, the Board is currently undertaking a comprehensive process to identify new, highly qualified and independent directors. Williams is committed to maintaining a world-class Board comprised of directors with a broad range of skills and experience. The Williams Board will then present its recommendation regarding director nominees in Williams’ definitive proxy statement to be filed with the Securities and Exchange Commission (“SEC”) and mailed to all stockholders eligible to vote at the 2016 Annual Meeting.

Dr. Kathleen B. Cooper, Chairman of the Williams Board of Directors, said: "Williams is looking forward to broadening the expertise and perspective of the Board with the addition of three new, independent directors in the near term. The Williams Board and management team will continue to take decisive actions to position Williams for the future and enhance stockholder value."