Williams Cos. (WMB) Comments on Corvex Statement; Intends to Appoint Three Independent Directors
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Williams Comments on the Corvex Plan to Nominate Directors
August 22, 2016 2:03 PM EDTHighlights Progress on Strategic Plan
TULSA, Okla.--(BUSINESS WIRE)-- The Williams Companies, Inc. (NYSE: WMB) (Williams or the Company), in response to comments from Keith Meister of Corvex Management LP (Corvex) that Corvex intends to nominate 10 of its employees to stand for election to the Companys Board of Directors at the 2016 Annual Meeting of Stockholders, issued the following statement:
Given the events of the last year, it is unfortunate that Corvex intends to launch a distracting and costly proxy contest while Williams is moving forward with its plan to identify new,... More
