Stephen Bergstrom elected chairman of Williams Companies board
The Williams Companies, Inc. announced recently that Stephen W. Bergstrom was elected to serve as chairman of its Board of Directors, effective immediately.
Bergstrom will replace Kathleen B. Cooper, who will become Chair of the Board’s Nominating and Governance Committee. Cooper has served on the Williams Board since 2006.
“I want to thank Kathleen for her superb leadership and guidance during a critical time in the company’s history,” Williams President and CEO Alan Armstrong said. “We are fortunate to have such a deeply experienced board of directors.”
Bergstrom joined the board in August of 2016. He is also a director on the board of American Midstream Partners. Previously, he served as president and CEO of the general partner of American Midstream and as executive chairman of the board of directors of the general partner from 2013 to 2015. Bergstrom acted as an exclusive consultant to ArcLight on its energy investment from 2003 to 2015. Prior to his consultancy with ArcLight, Bergstrom worked from 1986 to 2002 for Natural Gas Clearinghouse, which became Dynegy Inc. He served in various roles at Dynegy and ultimately became its president and chief operating officer.
“The Williams Board and our entire organization are focused on execution of the company’s natural gas-focused business strategy and positioning Williams to deliver long-term, sustainable shareholder value and growth,” Bergstrom said. “I’m especially honored to lead a world-class board of directors committed to independence and strong corporate governance. This commitment will continue under Kathleen’s leadership of the Nominating and Governance Committee.”
