Williams Appoints Nancy K. Buese to Board of Directors
The Williams Companies, Inc. (NYSE: WMB) (“Williams”) today announced
that its Board of Directors has appointed Nancy K. Buese as an
independent director on the Board, effective immediately.
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Nancy K. Buese has been appointed to the Williams Board of Directors. (Photo: Business Wire)
Ms. Buese is a highly-skilled and extremely knowledgeable industry
leader and currently serves as executive vice president and chief
financial officer for Newmont Mining Corporation. She brings 25 years of
experience in financial leadership roles to the Board. Prior to her
current position at Newmont, Ms. Buese served as executive vice
president and CFO for MPLX, a publicly traded midstream energy company,
and as executive vice president and CFO for MarkWest Energy Partners
prior to its acquisition by MPLX.
Ms. Buese fills the vacancy on the Board created by the retirement of
former longtime Board member Janice Stoney, and has been appointed to
the Board’s Compensation and Management Development, and Environmental
Health & Safety committees.
“The Williams Board is pleased to welcome an outstanding new director in
Nancy, who brings a wealth of financial leadership and energy experience
to our Board,” said Stephen W. Bergstrom, chairman of the Williams Board
of Directors. “Nancy’s expertise and commitment to strong, independent
corporate leadership enhances the membership of our Board as it focuses
on the execution of the Company’s natural gas-focused business strategy
and the positioning of Williams to deliver long-term, sustainable
shareholder value and growth.”
“Williams will benefit greatly from Nancy’s long track record of
outstanding financial and energy leadership and experience,” said Alan
Armstrong, president and chief executive officer. “Her appointment
reflects well on Williams’ ongoing commitment to the enhancement of
stockholder value and extends the Company’s long history of strong,
independent corporate governance.”
The Williams Board of Directors now consists of 11 members, ten of whom
are independent.
Nancy K. Buese
Nancy K. Buese currently serves as executive vice president and chief
financial officer of Newmont Mining Corporation. Prior to joining
Newmont in 2016, she served as executive vice president and chief
financial officer for MPLX, a publicly traded midstream energy company
formed by Marathon Petroleum Corporation. Prior to MPLX’s acquisition of
MarkWest Energy Partners in 2015, Ms. Buese served for 11 years as
executive vice president and chief financial officer of MarkWest. Having
worked in public accounting for 12 years, Ms. Buese also is a former
partner with Ernst & Young. She earned her degree in Accounting and
Business Administration from the University of Kansas and is a certified
public accountant.
About Williams
Williams (NYSE: WMB) is a premier provider of large-scale infrastructure
connecting U.S. natural gas and natural gas products to growing demand
for cleaner fuel and feedstocks. Headquartered in Tulsa, Okla., Williams
owns approximately 74 percent of Williams Partners L.P. (NYSE: WPZ).
Williams Partners is an industry-leading, large-cap master limited
partnership with operations across the natural gas value chain including
gathering, processing and interstate transportation of natural gas and
natural gas liquids. With major positions in top U.S. supply basins,
Williams Partners owns and operates more than 33,000 miles of pipelines
system wide – including the nation’s largest volume and fastest growing
pipeline – providing natural gas for clean-power generation, heating and
industrial use. Williams Partners’ operations touch approximately 30
percent of U.S. natural gas. www.williams.com
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 company’s annual and quarterly reports
filed with the Securities and Exchange Commission.
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Copyright Business Wire 2018
Source: Business Wire
(June 4, 2018 - 6:45 AM EDT)
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