TULSA, Okla.--(BUSINESS WIRE)--The Women’s Forum of New York today honored Williams (NYSE: WMB) at the third biennial Breakfast of Corporate Champions for achieving at least 20 percent female representation on its board. The company, which has a representation of 33 percent women on its board, was applauded as a corporate game changer that is making special efforts to advance women in the boardroom.
“I’m proud to see Williams recognized for the value we place on gender diversity in the boardroom,” said Frank T. MacInnis, Chairman of the Williams Board of Directors. “In today’s dynamic business environment, it’s critical that our corporate board be comprised of the highest-caliber professionals who can bring a broad range of perspectives to navigate complex issues and effectively govern the company.”
Williams encourages diversity on its board by maintaining a Nominating and Governance Committee that seeks a variety of occupational and personal backgrounds on the board in order to obtain a range of viewpoints and perspectives and to enhance the diversity of the board in such areas as geography, race, gender, ethnicity and age. This committee routinely evaluates the composition of the board to assess the skills and experience that are currently represented on the board, as well as the skills and experience that the board will find valuable in the future, given the company’s current situation and strategic plans.
“We commend Williams and their work towards achieving a greater gender balance in their boardroom,” said Janice Ellig, Co-CEO of Chadick Ellig and Chair of the event. “Williams knows that more women on boards is smart business and their success is an inspiration to others.”
The event brought together an audience of over 500, including CEOs and Board Directors along with business leaders, government officials, thought leaders and influential media in special recognition of forward-thinking companies.
Following the awards presentation, a CEO panel discussion on why and how top U.S. companies should strive for gender parity was conducted and moderated by Judy Woodruff of PBS NewsHour. Additionally, this year's breakfast expanded to include a follow-up symposium co-sponsored by the Committee for Economic Development of the Conference Board which included moderated sessions by Moira Forbes of ForbesWomen, Cyrus Sanati of Fortune.com and Susanna Schrobsdorff of TIME magazine. The Symposium was a true “call to action” for all CEOs, and Nom/Gov Committees to accelerate the number of women into the boardroom by providing insights from the board, Investors and other global influentials.
The symposium closed with a luncheon keynote by Securities and Exchange Commission Chair, Mary Jo White, introduced by Michael Fucci, Chairman of the Board, Deloitte LLP. On-site, the audience of CEOs were also encouraged to nominate women to the Women's Forum of New York CEO-Sponsored Database, a national database, accessible free of charge to Board Nom/Gov Committees and search firms.
To learn more about the Women's Forum of New York or the Women's Forum CEO-Sponsored Database, please visit https://www.womensforumny.org/.
Williams (NYSE: WMB) is a premier provider of large-scale infrastructure connecting North American natural gas and natural gas products to growing demand for cleaner fuel and feedstocks. Headquartered in Tulsa, Okla., Williams owns approximately 60 percent of Williams Partners L.P. (NYSE: WPZ), including all of the 2 percent general-partner interest. Williams Partners is an industry-leading, large-cap master limited partnership with operations across the natural gas value chain from gathering, processing and interstate transportation of natural gas and natural gas liquids to petchem production of ethylene, propylene and other olefins. With major positions in top U.S. supply basins and also in Canada, Williams Partners owns and operates more than 33,000 miles of pipelines system wide – including the nation’s largest volume and fastest growing pipeline – providing natural gas for clean-power generation, heating and industrial use. Williams Partners’ operations touch approximately 30 percent of U.S. natural gas. www.williams.com
About the Women's Forum of New York
The Women’s Forum of New York is the city’s premier organization of women leaders. The invitation-only membership of more than 500 women, representing the highest levels of achievement across all professional sectors from finance to fine arts, is dedicated to the advancement of women’s leadership through programs which enrich members lives personally and professionally, through The Education Fund which enables talented women whose potential has been disrupted by extreme adversity to resume their education, and through the Corporate Board Initiative, which extends and expands the contribution of women leaders through corporate board participation. Founded in 1974, the Women's Forum of New York is the flagship of the International Women's Forum, a global organization of nearly 6,000 outstanding women leaders in over 74 Forums around the world.
Portions of this document may constitute “forward-looking statements” as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company’s annual reports filed with the Securities and Exchange Commission.