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Get filing alertsWilliams Companies expands board to 12 members with two independent director appointments
Filed July 1, 2026 · Period ending July 1, 2026 · ~1 min read
Key Changes
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Williams appointed Robb E. Turner and Lloyd W. (Billy) Helms, Jr. as independent directors effective July 1, 2026, expanding the board from 10 to 12 members.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Turner will serve on the Audit Committee and Governance and Sustainability Committee; Helms will serve on the Compensation and Management Development Committee and Environmental, Health and Safety Committee.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Both directors will receive standard compensation: $130,000 annual cash retainer paid quarterly and $200,000 annual equity retainer in restricted stock units with mandatory one-year deferral.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Helms brings over 40 years of energy experience, most recently as president of EOG Resources; Turner has 35+ years in energy operations and finance, co-founding ArcLight Capital Partners.
Exhibit 99.1 view on EDGAR →
Summary
Williams Companies expanded its board from 10 to 12 directors by appointing two independent members with substantial energy industry credentials. Robb Turner, who co-founded ArcLight Capital Partners and previously chaired Crowheart Energy before its sale to Williams, brings deep experience in energy finance and private equity.
Billy Helms served as president of EOG Resources until May 2024 and as COO from 2017 to 2023, contributing operational and technical expertise. Both directors meet NYSE independence standards and are financially literate. The appointments strengthen board oversight across key committees.
Turner joins the Audit Committee and Governance and Sustainability Committee, while Helms joins the Compensation and Management Development Committee and Environmental, Health and Safety Committee. With 11 of 12 directors now independent, the board composition aligns with governance best practices. This is a routine board expansion with no immediate concerns for shareholders.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On July 1, 2026, The Williams Companies, Inc. (“the Company”) announced that Robb E. Turner and Lloyd W. (Billy) Helms, Jr., have been appointed to the Company’s Board of Directors, effective July 1, 2026. Mr. Turner will serve on the Audit Committee and the Governance and Sustainability Committee. Mr. Helms will serve on the Compensation and Management Development Committee and the Environmental, Health and Safety Committee. Effective July 1, 2026, the Board of Directors of the Company (the “Board”) approved an increase in the size of the Board from ten to twelve directors.
The company expanded its board from ten to twelve directors by appointing Robb E. Turner and Lloyd W. (Billy) Helms, Jr. as new independent directors. Turner will serve on the Audit Committee and Governance and Sustainability Committee, while Helms will serve on the Compensation and Management Development Committee and Environmental, Health and Safety Committee. Both appointments are effective immediately.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
The Board determined that each of Mr. Turner and Mr. Helms are independent directors within the meaning of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), rules and regulations promulgated by the Securities and Exchange Commission thereunder, and the listing standards of the New York Stock Exchange (the “NYSE Listed Company Manual”). The Board also determined that Mr. Turner and Mr. Helms are financially literate within the meaning of the NYSE Listed Company Manual.
The board determined that both new directors meet NYSE independence standards and are financially literate. There are no related-party transactions or relationships requiring disclosure, and no arrangements or understandings with other persons connected to their appointments.
Event · Item 7.01 — Regulation FD Disclosure
Williams Companies announces leadership appointments of Mr. Turner and Mr. Helms via press release furnished under Regulation FD.
Added in current filing · verify on EDGAR →
On July 1, 2026, the Company furnished a press release regarding the appointment of Mr. Turner and Mr. Helms described above in Item 5.02 of this Current Report on Form 8-K.
Williams Companies disclosed the appointment of two individuals, Mr. Turner and Mr. Helms, through a press release. The specific roles and details of these appointments are referenced in Item 5.02 of the 8-K, which is not included in the provided text. This represents a leadership change at the company.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
In accordance with General Instruction B.2 of Form 8-K, the information furnished under this Item 7.01 on this Current Report on Form 8-K and the exhibit attached hereto are deemed to be “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act
The company furnished this information under Regulation FD rather than filing it, meaning it is not subject to the same liability standards as filed documents and will not be incorporated by reference into other SEC filings. This is a standard disclosure practice for press releases.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Williams (NYSE: WMB) today announced that its Board of Directors has appointed Lloyd W. “Billy” Helms, Jr. and Robb E. Turner as independent directors on the Board, effective July 1, 2026.
Williams added two independent directors to its Board. Billy Helms brings over 40 years of energy industry experience, most recently as president of EOG Resources. Robb Turner has over 35 years of energy operations and finance experience and is chairman of The Madava Group and Revenant Energy. With these appointments, the Board now consists of 12 members, 11 of whom are independent.
Show 2 minor / wording changes
Added in current filing · view on EDGAR →
Helms brings more than 40 years of energy industry experience, most recently serving as president of EOG Resources, Inc., one of the largest exploration and production companies in the United States. During his career working across multiple divisions at EOG, he held several senior positions of increasing responsibility including chief operating officer from 2017 to 2023.
Billy Helms served as president of EOG Resources from October 2021 to May 2024 and as chief operating officer from December 2017 to December 2023. He led operational, technical, engineering and acquisition functions across EOG's business. He currently serves on the SM Energy Board of Directors following the merger with Civitas Resources in January 2026.
Added in current filing · view on EDGAR →
Turner has more than 35 years of energy operations, corporate finance and public and private equity and debt investment experience. He is chairman of The Madava Group and Revenant Energy and previously co-founded ArcLight Capital Partners, where he helped oversee investment, asset management, strategic planning and operations across the energy sector.
Robb Turner is chairman of The Madava Group and Revenant Energy. He co-founded ArcLight Capital Partners, where the firm raised six funds and invested more than $17 billion of private equity across the energy sector. Through his Madava family office, Turner has made 15 private energy investments since 2017, successfully exiting 14 of those investments. He previously served as chairman of Crowheart Energy prior to its sale to Williams.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 7, 2026 · How we verify