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Williams Partners L.P.
WPZ today announced changes to the Board of
Directors of its general partner, Williams Partners GP LLC. Williams
WMB owns approximately 64 percent of Williams Partners, including its general
partner interest.
Laura A. Sugg has been appointed to the Board, effective Jan. 17, 2014. Sugg
succeeds Thomas F. Karam, who has served as a director since May 2012. Karam
resigned from the Board to pursue other business interests. Sugg, who
previously served on the general partner's Board between 2011 and 2012, will
serve as an independent director on the Audit Committee. Formerly a senior
executive at ConocoPhillips, Sugg also will continue to serve on Williams'
Board of Directors, which she joined in 2010.
“I am pleased to welcome Laura back to the Board of Williams Partners GP,”
said Alan Armstrong, chairman of the Board and chief executive officer of
Williams Partners. “As a chemical engineer and a seasoned executive, Laura
brings extensive industry, operational and technical experience to our Board.
Her leadership experience in a major oil and gas company also extends into
human resources, compensation and financial matters, underscoring the diverse
perspectives she contributes. I would also like to thank Tom for his important
contributions in helping us rapidly grow the partnership and wish him the best
in his future endeavors.”
Alan Armstrong, Donald R. Chappel, Rory Miller and James E. Scheel are
Williams-employee directors on the general partner's Board.
Additional Information on Laura Sugg
Laura Sugg is a retired senior executive of ConocoPhillips, serving more than
20 years in diverse roles of increasing responsibility, last serving as
president of the Australasia Division. In this role, Sugg was in charge of
profit and loss and growth for ConocoPhillips' operations in Australia and
East Timor. Prior to her role as president of the Australasia Division, Sugg
served as ConocoPhillips' general manager E&P human resources; ConocoPhillips'
midstream executive responsible for the profit and loss, health, safety and
environment, and operations for its gas gathering, processing, and
fractionation business in the U.S., Canada and Trinidad; and vice president
Worldwide Gas. Sugg has a bachelor's degree in chemical engineering from
Oklahoma State University and is a member of the National Association of
Corporate Directors.
About Williams Partners L.P.
WPZ
Williams Partners L.P. is a leading diversified master limited partnership
focused on natural gas transportation; gathering, treating, and processing;
storage; natural gas liquid (NGL) fractionation; and oil transportation. The
partnership owns interests in three major interstate natural gas pipelines
that, combined, deliver 14 percent of the natural gas consumed in the United
States. The partnership's gathering and processing assets include large-scale
operations in the U.S. Rocky Mountains and both onshore and offshore along the
Gulf of Mexico. Williams
WMB owns approximately 64 percent of Williams
Partners, including the general-partner interest. More information is
available at www.williamslp.com, where the partnership routinely posts
important information.
Portions of this document may constitute “forward-looking statements” as
defined by federal law. Although the partnership 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 partnership's
annual reports filed with the Securities and Exchange Commission.
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