Williams Appoints Nancy K. Buese to Board of Directors
June 04 2018 - 6:45AM
Business Wire
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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version on businesswire.com: https://www.businesswire.com/news/home/20180604005230/en/
WilliamsMedia Contact:Keith Isbell,
918-573-7308orInvestor Contact:Brett Krieg, 918-573-4614
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