Williams (WMB) names Chad Zamarin CEO effective July 1; Armstrong becomes Executive Chairman

WILLIAMS COMPANIES, INC.

Chad Zamarin, EVP Corporate Strategic Development, succeeds Alan Armstrong as President and CEO effective July 1, 2025.
Alan Armstrong, CEO for 14 years, becomes Executive Chairman; Stephen Bergstrom transitions to independent Lead Director.
Zamarin receives $1M base salary, $2.5M RSU award (60% performance, 40% time), and AIP target of 150% of salary.
Armstrong will receive $750K base salary as Executive Chairman; both retain change-in-control agreements.
Board increases from 11 to 12 directors upon Zamarin's appointment.

item 5.02 item 7.01 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Alan S. Armstrong

Executive Chairman

WMB · WILLIAMS COMPANIES, INC.

Effective: 2025-07-01
Successor: Chad J. Zamarin
Filed: May 5, 2025, 7:59 PM ET

Mr. Armstrong will continue to serve as President and Chief Executive Officer until July 1, 2025, at which point he will become Executive Chairman of the Board.

Appointed

Chad J. Zamarin

President and Chief Executive Officer

WMB · WILLIAMS COMPANIES, INC.

Effective: 2025-07-01
Filed: May 5, 2025, 7:59 PM ET

On May 5, 2025, The Williams Companies, Inc. (the “Company”) announced that Chad J. Zamarin has been named President and Chief Executive Officer of the Company and a member of the Board of Directors (the “Board”) of the Company, effective July 1, 2025, succeeding Alan S. Armstrong.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Alan S. Armstrong changed role as Executive Chairman at WILLIAMS COMPANIES, INC..

Action: become
Role: Executive Chairman

Exact text from the filing

Mr. Armstrong will continue to serve as President and Chief Executive Officer until July 1, 2025, at which point he will become Executive Chairman of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Chad J. Zamarin was named as President and Chief Executive Officer at WILLIAMS COMPANIES, INC..

Action: named
Role: President and Chief Executive Officer

Exact text from the filing

On May 5, 2025, The Williams Companies, Inc. (the “Company”) announced that Chad J. Zamarin has been named President and Chief Executive Officer of the Company and a member of the Board of Directors (the “Board”) of the Company, effective July 1, 2025, succeeding Alan S. Armstrong.

View on SEC.gov

WILLIAMS COMPANIES, INC. filing history →

Source: SEC EDGAR

accession 0001193125-25-112822

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