secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS COMPANIES, INC. (WMB)
CIK:        0000107263
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0001193125-25-112822
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107263/000119312525112822/0001193125-25-112822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107263/000119312525112822/d945295d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-112822

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