The Williams Companies, Inc. (NYSE: WMB) (“Williams”) today announced
that its Board of Directors has appointed Vicki Fuller as an independent
director on the Board, effective immediately.
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Vicki Fuller has been appointed to the Williams Board of Directors. (Photo: Business Wire)
Ms. Fuller is joining the Williams Board after recently retiring
following a highly successful six-year tenure as chief investment
officer of the New York State Common Retirement Fund (“NYSCRF”), the
third largest public pension fund in the nation with a value of $207.4
billion (as of March 31, 2018) in assets under management. Prior to her
work at the NYSCRF, she served 27 years in several leadership positions
at AllianceBernstein including as managing director from 2006 to 2012.
Ms. Fuller has been appointed to the Board’s Audit, and Nominating and
Governance committees.
“The Williams Board is pleased to welcome an outstanding new director in
Vicki, who brings a wealth of successful financial leadership to our
Board,” said Stephen W. Bergstrom, chairman of the Williams Board of
Directors. “Vicki’s impressive investment management experience and her
commitment to strong, independent corporate leadership provide an
excellent addition to the membership of our Board - extending the
Company’s long history of strong, independent corporate governance.”
“Vicki’s tremendous success in leading the New York State Common
Retirement Fund reflects well on her leadership skills and financial
expertise,” said Alan Armstrong, president and chief executive officer.
“Her investment management insights will be invaluable in our ongoing
efforts to expand our investor base, and her appointment reflects well
on Williams’ ongoing commitment to the enhancement of stockholder value.”
The Williams Board of Directors now consists of 12 members, 11 of whom
are independent.
Vicki Fuller
Vicki Fuller recently announced her retirement from the New York State
Common Retirement Fund (NYSCRF) where she had served as chief investment
officer since August 2012. The fund is the third largest public pension
fund in the nation and holds and invests the assets of the New York
State and Local Retirement System on behalf of more than one million
state and local government employees and retirees and their
beneficiaries. Prior to joining NYSCRF, Ms. Fuller spent 27 years in
leadership positions at AllianceBernstein, which has approximately $500
billion in assets under management. She joined the company in 1993 from
the Equitable Capital Management Corporation, which was acquired by
Alliance Capital Management LP (In 2000, the company became
AllianceBernstein LP after the company acquired Sanford C. Bernstein).
Ms. Fuller, who was inducted into the National Association of Securities
Professionals Wall Street Hall of Fame, was named to Chief Investment
Officer Magazine’s “Power 100” and received the Financial Women’s
Association’s Woman of the Year Award. She has also been named one of
the most powerful African Americans on Wall Street by Black Enterprise.
Ms. Fuller obtained her bachelor’s degree in accounting from Roosevelt
University and her MBA from the University of Chicago.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180731005737/en/
Copyright Business Wire 2018
Source: Business Wire
(July 31, 2018 - 5:30 PM EDT)
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