Williams Honored by Women’s Forum of New York for Gender Parity Efforts in the Boardroom
November 19 2015 - 4:05PM
Business Wire
The Women’s Forum of New York today honored Williams (NYSE: WMB)
at the third biennial Breakfast of Corporate Champions for
achieving at least 20 percent female representation on its board.
The company, which has a representation of 33 percent women on its
board, was applauded as a corporate game changer that is making
special efforts to advance women in the boardroom.
“I’m proud to see Williams recognized for the value we place on
gender diversity in the boardroom,” said Frank T. MacInnis,
Chairman of the Williams Board of Directors. “In today’s dynamic
business environment, it’s critical that our corporate board be
comprised of the highest-caliber professionals who can bring a
broad range of perspectives to navigate complex issues and
effectively govern the company.”
Williams encourages diversity on its board by maintaining a
Nominating and Governance Committee that seeks a variety of
occupational and personal backgrounds on the board in order to
obtain a range of viewpoints and perspectives and to enhance the
diversity of the board in such areas as geography, race, gender,
ethnicity and age. This committee routinely evaluates the
composition of the board to assess the skills and experience that
are currently represented on the board, as well as the skills and
experience that the board will find valuable in the future, given
the company’s current situation and strategic plans.
“We commend Williams and their work towards achieving a greater
gender balance in their boardroom,” said Janice Ellig, Co-CEO of
Chadick Ellig and Chair of the event. “Williams knows that more
women on boards is smart business and their success is an
inspiration to others.”
The event brought together an audience of over 500, including
CEOs and Board Directors along with business leaders, government
officials, thought leaders and influential media in special
recognition of forward-thinking companies.
Following the awards presentation, a CEO panel discussion on why
and how top U.S. companies should strive for gender parity was
conducted and moderated by Judy Woodruff of PBS NewsHour.
Additionally, this year's breakfast expanded to include a follow-up
symposium co-sponsored by the Committee for Economic Development of
the Conference Board which included moderated sessions by Moira
Forbes of ForbesWomen, Cyrus Sanati of Fortune.com and Susanna
Schrobsdorff of TIME magazine. The Symposium was a true “call to
action” for all CEOs, and Nom/Gov Committees to accelerate the
number of women into the boardroom by providing insights from the
board, Investors and other global influentials.
The symposium closed with a luncheon keynote by Securities and
Exchange Commission Chair, Mary Jo White, introduced by Michael
Fucci, Chairman of the Board, Deloitte LLP. On-site, the audience
of CEOs were also encouraged to nominate women to the Women's Forum
of New York CEO-Sponsored Database, a national database, accessible
free of charge to Board Nom/Gov Committees and search firms.
To learn more about the Women's Forum of New York or the
Women's Forum CEO-Sponsored Database, please
visit https://www.womensforumny.org/.
About Williams
Williams (NYSE: WMB) is a premier provider of large-scale
infrastructure connecting North American natural gas and natural
gas products to growing demand for cleaner fuel and feedstocks.
Headquartered in Tulsa, Okla., Williams owns approximately 60
percent of Williams Partners L.P. (NYSE: WPZ), including all of the
2 percent general-partner interest. Williams Partners is an
industry-leading, large-cap master limited partnership with
operations across the natural gas value chain from gathering,
processing and interstate transportation of natural gas and natural
gas liquids to petchem production of ethylene, propylene and other
olefins. With major positions in top U.S. supply basins and also in
Canada, 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
About the Women's Forum of New York
The Women’s Forum of New York is the city’s premier organization
of women leaders. The invitation-only membership of more than 500
women, representing the highest levels of achievement across all
professional sectors from finance to fine arts, is dedicated to the
advancement of women’s leadership through programs which enrich
members lives personally and professionally, through The Education
Fund which enables talented women whose potential has been
disrupted by extreme adversity to resume their education, and
through the Corporate Board Initiative, which extends and expands
the contribution of women leaders through corporate board
participation. Founded in 1974, the Women's Forum of New
York is the flagship of the International Women's Forum, a
global organization of nearly 6,000 outstanding women leaders in
over 74 Forums around the world.
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 reports filed with the Securities and Exchange
Commission.
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WilliamsMedia Contact:Tom Droege,
918-573-4034orInvestor Contacts:John Porter,
918-573-0797orBrett Krieg, 918-573-4614
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