UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | March 17, 2008 |
The Williams Companies, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 1-4174 | 73-0569878 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
One Williams Center, Tulsa, Oklahoma | 74172 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | 918-573-2000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 16, 2008, the Board of Directors (the "Board") of The Williams Companies, Inc. ("Company") increased the size of the Board to thirteen and elected Mr. Joseph R. Cleveland to the Company’s Board of Directors as a Class I director, to serve until the next Annual Meeting of Stockholders. The Board also appointed Mr. Cleveland to serve on the Audit Committee and the Finance Committee. Mr. Cleveland was identified by Mr. Michael P. Johnson, Senior Vice President and Chief Administrative Officer of the Company.
Cleveland, 63, is the former chief information officer for Lockheed Martin Corporation and president of Lockheed Martin Enterprise Information Systems.
There are no arrangements or understandings between Mr. Cleveland and any other person pursuant to which he was selected as a director of the Company.
Mr. Cleveland has no prior relationships or other transactions with the Company or its management.
A copy of the press release publicly announcing Mr. Clevelan
d's election is furnished as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
a) None
b) None
c) None
d) Exhibits
Exhibit 99.1 Copy of press release dated March 17, 2008, publicly reporting the election of Mr. Joseph R. Cleveland to the Company’s Board as discussed herein.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
The Williams Companies, Inc. | ||||
March 18, 2008 | By: |
Brian K. Shore
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Name: Brian K. Shore | ||||
Title: Corporate Secretary |
Exhibit Index
Exhibit No. | Description | |
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99.1
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Copy of press release dated March 17, 2008, publicly reporting the election of Mr. Joseph R. Cleveland to the Company’s Board. |
NewsRelease
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(Williams Logo) | |||
NYSE: WMB
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Date:
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March 17, 2008 |
Joseph R. Cleveland Joins Williams Board of Directors
TULSA, Okla. Joseph R. Cleveland has been elected to the Williams (NYSE:WMB) board of directors. Cleveland, 63, is the former chief information officer for Lockheed Martin Corporation and president of Lockheed Martin Enterprise Information Systems.
In his former position, Cleveland was responsible for defining and ensuring the information technology needs of the entire $41.9 billion Lockheed Martin Corporation. He was responsible for the consolidation and modernization of the IT infrastructure following the largest merger in the Aerospace and Defense industry the 1995 merger of Lockheed and Martin Marietta.
He also was a key leader in Lockheed Martins culture, as he led the team that created the companys proprietary measurement system that provides a quantitative assessment of the corporations progress toward the development of an inclusive work place.
We are very pleased to be adding Joseph to our board, said Steve Malcolm, chairman, president and chief executive officer. His proven leadership and experience will be a tremendous asset for Williams and our shareholders.
Cleveland has earned numerous industry recognitions for his accomplishments, including being listed as one of the Top 100 Most Influential People in IT by eWeek magazine. The Information Technology Senior Management Forum presented him with the 2006 Diamond Leadership award and his mentoring practices and diversity initiatives were profiled in The Wall Street Journal in 2005.
Clevelands primary residence is in Orlando, Fla. He previously divided his time between Lockheed Martin headquarters in Bethesda, Md., and Enterprise Information Systems operations in Orlando. He has a bachelors degree in electrical engineering from Tennessee State University and has completed extensive technical, business and leadership development training throughout his career.
He becomes the thirteenth member of Williams current board of directors. A listing of all Williams directors is available at www.williams.com.
About Williams (NYSE: WMB)
Williams, through its subsidiaries, finds, produces, gathers, processes and transports natural
gas. Williams operations are concentrated in the Pacific Northwest, Rocky Mountains, Gulf Coast,
and Eastern Seaboard. More information is available at http://www.williams.com. Go to
http://www.b2i.us/irpass.asp?BzID=630&to=ea&s=0 to join our e-mail list.
Contact:
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Jeff Pounds | |
Williams (media relations) | ||
(918) 573-3332 | ||
Richard George | ||
Williams (investor relations) | ||
(918) 573-3679 |
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Portions of this document may constitute forward-looking statements as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the safe harbor protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the companys annual reports filed with the Securities and Exchange Commission.