Williams in Tulsa is getting ready for its annual shareholders meeting set to be held late in April.
In a proxy statement filing with the Securities and Exchange Commission, the company said the meeting will be “virtual” and not in person at 2 p.m. Central Daylight Time on April 26.
Three main issues will be decided including the selection of 12 nominees to serve one-year terms on the board of directors, the naming of Ernst & Young as its registered public accounting firm and the compensation for executives.
The proxy urged shareholders to vote “for” the nominees.
“The Board has nominated the following 12 director candidates to serve one-year terms as directors of the Company following the
Annual Meeting until the 2023 annual meeting of stockholders: Alan S. Armstrong, Stephen W. Bergstrom, Nancy K. Buese,
Michael A. Creel, Stacey H. Dore´, Richard E. Muncrief, Peter A. Ragauss, Rose M. Robeson, Scott D. Sheffield, Murray D. Smith,
William H. Spence, and Jesse J. Tyson. On March 1, 2022, Mr. Muncrief and Mr. Tyson joined our Board increasing the size of
our Board from 12 directors to 14 directors. However, Mr. Chazen and Mr. Cogut will retire from our Board following the Annual
Meeting. Assuming our stockholders elect all director nominees to the Board at the Annual Meeting, the size of our Board will
decrease back to 12 directors. Ms. Fuller resigned from our Board in December 2021.”
All non-employee directors receive both an annual cash retainer and an annual grant of time-based RSUs for their service on the
Board totaling $275,00,” stated the filing.