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Williams and Williams Partners announce leadership succession plan

Staff writer |
Tulsa, Okla., USA - November 22, 2010, Tulsa, Okla., USA - Williams and Williams Partners L.P., an integrated natural gas company, announced that Steven J. Malcolm, chairman and chief executive officer, will retire at the end of this year.

Mr. Malcolm has served as chairman and chief executive officer of Williams since 2002. He also has served in those roles at Williams Partners GP LLC, a wholly owned subsidiary of Williams and the general partner of Williams Partners, since its formation in 2005. Mr. Malcolm's retirement will bring to a close a career at Williams that began in 1984, when he joined the company as a director of business development. The Williams board named him the company's chairman in May 2002. He became chief executive officer in January 2002. He was named president and chief operating officer of the company in September 2001.

Williams' board of directors has elected Alan Armstrong to succeed Mr. Malcolm as Williams' chief executive officer, effective Jan. 3, 2011.

Mr. Armstrong has served as a senior vice president of Williams and president of its midstream business since 2002. He joined Williams in 1986. Mr. Armstrong also will succeed Mr. Malcolm as chairman and chief executive officer of Williams Partners GP LLC. Mr. Armstrong has served this entity as a director and led its midstream operations since its inception in 2005.

Mr. Armstrong's current role encompasses responsibility for Williams' midstream businesses in the United States and Canada. He joined Williams in 1986, following his graduation with a degree in civil engineering from the University of Oklahoma. Armstrong has served in various technical, operating and commercial roles during his tenure at Williams.

He also has served in leadership positions in several industry associations, including his current role as president of the Gas Processor's Association and on the board of the Natural Gas Supply Association. He also serves as chairman for the board of visitors of the College of Engineering at the University of Oklahoma.

Williams' board of directors has appointed Frank MacInnis to succeed Mr. Malcolm as chairman of Williams.

Mr. MacInnis has served as a director of the company since 1998. He chairs the board's nominating and governance committee and serves as a member of its compensation committee. He will be the first non-executive to serve as chairman of Williams' board of directors.


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