Alan S. Armstrong
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.
Highest-materiality recent filing
Williams Cos. stockholders approve incentive plan share increase to 85M
Shareholders approved amendment to 2007 Incentive Plan, increasing authorized shares from 50M to 85M.
Williams Q1 net income $864M (+25% YoY); adj. EPS $0.73, record Adjusted EBITDA $2.254B
GAAP net income $864M ($0.70 EPS), up 25% vs Q1 2025; adjusted net income $895M ($0.73 EPS).
Alan S. Armstrong resigned as Executive Board Chair and director effective March 23, 2026, to accept appointment as U.S. Senator for Oklahoma.
GAAP net income $2.615B ($2.14 EPS), up 18% YoY; adjusted net income $2.571B ($2.10 EPS), up 9%.
Williams prices $2.75B in senior notes to repay $1.1B 2026 maturities
$500M 5.650% notes due 2033 (reopen of $750M existing), $1.25B 5.150% notes due 2036, $1B 5.950% notes due 2056.
Williams issues $2.75B in three-tranche senior notes offering
$500M 5.650% notes due 2033 (additional issuance), $1.25B 5.150% notes due 2036, $1B 5.950% notes due 2056.
Northwest Pipeline enters $250M credit facility; refinances maturing 7.125% notes
$250M term loan entered Dec 1, 2025, used to repay 7.125% senior notes due same day.
Williams subsidiary Transco issues $1.7B senior notes in two tranches
Transco issued $1.0B of 5.100% Senior Notes due 2036 and $700M of 5.750% Senior Notes due 2056.
Williams Q3 adj. EPS $0.49 (+14% YoY), EBITDA $1.92B, reaffirms FY25 guidance, raises capex
GAAP net income $646M ($0.53 EPS); adjusted net income $603M ($0.49 adj. EPS), up 14% vs Q3 2024.
Williams invests $3.1B in two power projects; raises 2025 capex guidance
Invested ~$3.1B in two power innovation projects for grid-constrained markets, completion expected H1 2027.
Williams Q2 2025 Adj. EBITDA up 8% to $1.81B; raises FY guidance midpoint to $7.75B
GAAP net income $546M ($0.45 EPS); Adj. net income $566M ($0.46 EPS), up 7% YoY.
Williams prices $1.5B senior notes: $750M 4.625% '30 and $750M 5.300% '35
Issued $750M of 4.625% Senior Notes due 2030 at 99.920% of par.
$1.5B total: $750M of 4.625% Senior Notes due 2030 and $750M of 5.300% Senior Notes due 2035.
Williams Q1 2025 beats: Adj. EPS $0.60, Adj. EBITDA $1.989B (+3% YoY), raises FY guidance to $7.7B
GAAP net income $690M ($0.56/diluted EPS), up 9% YoY; Adj. net income $730M ($0.60 Adj. EPS).
Williams (WMB) names Chad Zamarin CEO effective July 1; Armstrong becomes Executive Chairman
Chad Zamarin, EVP Corporate Strategic Development, succeeds Alan Armstrong as President and CEO effective July 1, 2025.
Williams Companies annual meeting elects all directors, approves say-on-pay
All 11 director nominees elected; Alan S. Armstrong received 970M votes for, highest.
Williams names Larry Larsen EVP & COO; succeeds retiring Micheal Dunn effective May 3, 2025
Larsen, previously SVP Gathering & Processing, will oversee all transmission, storage and G&P operations.
Williams (WMB) COO Micheal Dunn to retire effective May 2, 2025; successor search underway
Micheal G. Dunn, EVP and COO, will retire from Williams effective May 2, 2025.
Williams to invest ~$1.6B in onsite power generation for large customer; raises capex guide
Investing ~$1.6B in committed power generation and gas pipeline infrastructure; completion expected H2 2026.
Williams 2024 record Adj. EBITDA $7.08B; raises 2025 guidance midpoint 3%
FY2024 Adj. EBITDA $7.08B (+4.4% YoY); Adj. EPS $1.92 (vs $1.91 YoY).
Williams issues $1.5B in senior notes: $1.0B at 5.600% due 2035, $500M at 6.000% due 2055
$1.0B of 5.600% Senior Notes due 2035 and $500M of 6.000% Senior Notes due 2055 issued on January 9, 2025.
Williams prices $1.5B senior notes in two tranches for debt repayment
$1.0B of 5.600% Senior Notes due 2035 priced at 99.843% of par.
Williams reports record Q3 Adjusted EBITDA $1.703B, raises FY2024 guidance midpoint
GAAP net income $705M ($0.58 EPS), up 8% YoY; adjusted net income $528M ($0.43 EPS).
Williams Companies issues $1.5B of senior notes in three tranches
Issued $450M 4.800% notes due 2029, $300M 5.150% notes due 2034 (additional), and $750M 5.800% notes due 2054.
Williams prices $1.5B of senior notes across three tranches
$450M 4.800% notes due 2029 priced at 99.810% of par.
Williams Q2 adj. EPS $0.43, adj. EBITDA $1.667B record; dividend +6.1% to $1.90
GAAP net income $401M ($0.33 EPS); adjusted net income $521M ($0.43 EPS).
Williams Q1 Adj. EBITDA up 8% to $1.934B; guides to top half of 2024 range
GAAP net income $631M ($0.52 EPS); adjusted net income $719M ($0.59 EPS), up 5% YoY.
All 12 director nominees elected with strong support; Brokertal votes ranged from 3.6M to 58.2M against.
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.
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.
On April 24, 2025, The Williams Companies, Inc. (“the Company”) announced that Larry Larsen has been named Executive Vice President and Chief Operating Officer of the Company, effective May 3, 2025.
On March 13, 2025, Micheal G. Dunn, Executive Vice President and Chief Operating Officer indicated his intent to retire from The Williams Companies, Inc. (the “Company”) effective May 2, 2025.
Max materiality 0.85 · Median 0.65 · Most common event debt