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Form 8-K · Current Report · Filed 2025-04-24

Williams Appoints New Chief Operating Officer

Williams Companies, Inc. announced on April 24, 2025, the appointment of Larry Larsen as Executive Vice President and Chief Operating Officer, effective May 3, 2025. Larsen, who has been with the company since 1999, will oversee all aspects of the company's transmission, storage, and gathering and processing operations. He succeeds Micheal Dunn, who announced his planned retirement. In connection with the appointment, Larsen will receive an annual base salary of $675,000 and a one-time restricted stock unit award totaling $1,187,500, along with eligibility for additional incentive awards.

Filer
Williams Companies Inc. WMB · NYSE
Filed
Accession
0001193125-25-093574
CIK
0000107263
Signal
Medium impactEnergy

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New COO Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$58.48

Next session

+0.9%

Since filing

+22.3%

Latest close

$71.54

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from WMB reporting the same item, with the next session's move:

Exhibits (1)

About Williams Companies Inc.

Williams Companies Inc. is a prominent energy infrastructure company that primarily focuses on natural gas processing and transportation services. Its primary function is to facilitate the movement of natural gas from production sites to end users, playing a critical role in the energy sector. As one of the largest American midstream service providers, Williams operates a vast network of pipelines that span across strategic energy-producing regions, including the Gulf of Mexico, the Eastern seaboard, and the Pacific Northwest. A notable feature of Williams Companies Inc. is its extensive Transco pipeline system, which is the largest-volume natural gas pipeline in the United States, serving a broad range of markets from New York to the Gulf Coast. This makes Williams an integral part of the energy supply chain, impacting sectors like power generation, residential heating, and industrial manufacturing. Williams' market significance lies in its stable cash flows and strategic asset positioning, which enable it to efficiently connect supply and demand centers. With a focus on sustainability and reducing carbon emissions, Williams also invests in technologies like renewable natural gas and carbon capture, highlighting its dynamic role in transitioning to cleaner energy solutions.

Exchange NYSE Industry Oil & Gas Midstream Company website ↗

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