Williams has recently announced that its board of directors has appointed two new independent directors, effective immediately. The company welcomes Charles Cogut and Michael Creel, who will stand for election at Williams’ 2017 Annual Meeting of Stockholders on 18 May 2017.
The Williams board now comprises 11 directors, 10 of whom are independent and seven of whom were appointed in 2016.
“We are pleased that these outstanding new directors will bring their diversity of perspectives and experiences, as well as their shared commitment to strong, independent corporate leadership, to Williams’ board of directors,” said Dr Kathleen Cooper, chairman of the Williams board of directors.
These appointments reflect Williams’ focus on enhance stockholder value, extending the company’s history of independent corporate governance, and demonstrates decisive actions to position the company for future growth.
Cogut is a recognised corporate lawyer who is currently senior merger and acquisitions counsel at Simpson Thacher & Bartlett LLP.
Having served as CEO and Director of the general partner of Enterprise Products Partners L.P., Creel is skilled and knowledgeable in the midstream sector.
“Casey and Mike bring diverse expertise to our board,” said Alan Armstrong, President and CEO of Williams. “Casey is an incredibly talented adviser to boards of directors around the world and his experience will be invaluable to Williams as we move forward. Mike has been a leader in the natural gas industry as the former CEO of Enterprise Products for many years and Williams will benefit from his track-record of financial discipline and shareholder value creation.”
Read the article online at: https://www.worldpipelines.com/business-news/14122016/williams-appoints-two-directors/