Corvex's Meister proposes to replace Williams' board
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Williams Cos. (WMB) Affirms Receipt of Corvex Board Nominations; Issues Statement
August 24, 2016 11:12 AM EDTThe Williams Companies, Inc. (NYSE: WMB) confirmed that Corvex Management LP (Corvex) has nominated ten Corvex employees, including Keith Meister, to stand for election to the Companys Board of Directors (the Board) at the 2016 Annual Meeting of Stockholders to be held on Wednesday, November 23, 2016.
The Company issued the following statement:
Williams is disappointed that Corvex has launched a distracting and costly proxy contest while Williams is successfully executing its strategic plan and moving forward with its intent to name three new, highly qualified and independent directors as part of its... More
Williams Cos. (WMB) Comments on Corvex Statement; Intends to Appoint Three Independent Directors
August 22, 2016 2:04 PM EDTThe Williams Companies, Inc. (NYSE: WMB), 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, highly qualified and independent directors.
The Williams Board maintains open communications with stockholders, welcomes... More
