Summary
Williams Companies, Inc. (WMB) announced a board appointment on January 5, 2021, with Stacey H. Doré joining the Board of Directors effective January 6, 2021. Ms. Doré's appointment is a key governance update for investors, signifying potential fresh perspectives on the board. Ms. Doré will contribute to the Governance and Sustainability and the Audit Committees, areas critical for oversight and strategic direction. Her compensation as a non-employee director includes a standard annual retainer of $110,000 in cash and $165,000 in restricted stock units, reflecting typical director compensation practices. The company has also attached the press release announcing this appointment as an exhibit.
Key Highlights
- 1Williams Companies appointed Stacey H. Doré to its Board of Directors, effective January 6, 2021.
- 2Ms. Doré will serve on the Governance and Sustainability Committee.
- 3Ms. Doré will also serve on the Audit Committee.
- 4As a non-employee director, Ms. Doré will receive an annual cash retainer of $110,000.
- 5Ms. Doré will also receive an annual equity retainer valued at $165,000 in restricted stock units.
- 6The equity retainer is deferred and will be distributed upon retirement from the Board.
- 7There are no reportable related-party transactions or arrangements involving Ms. Doré.