Williams Companies CEO Steven Malcolm's 2007 pay jumps 35% to $14M
Williams Companies reports 2007 executive compensation
By ExecPay News
Published: April 9, 2008
Williams Companies reported fiscal year 2007 executive compensation information on April 9, 2008.
In 2007, five executives at Williams Companies received on average a compensation package of $6M, a 69% increase compared to previous year.
Steven J. Malcolm, Chief Executive Officer, received $14M in total, which increased by 35% compared to 2006. 55% of Malcolm's compensation, or $7.7M, was in stock awards. Malcolm also received $369K of change in pension value and nonqualified deferred compensation earnings, $2.4M in non-equity incentive plan, $2.4M in option awards, $1.1M in salary, as well as $46K in other compensation.
William E. Hobbs, Vice President,, received a compensation package of $5M, which increased by 125% compared to previous year. 51% of the compensation package, or $2.5M, was in non-equity incentive plan.
Donald R. Chappel, Chief Financial Officer, earned $4.7M in 2007, a 46% increase compared to previous year.
Power Ralph A. Hill, Vice President, Exploration and Production, received $3.5M in 2007, which increases by 52% compared to 2006.
Phillip D. Wright, Vice President, Williams Gas Pipelines, earned $3M in 2007, a 33% increase compared to previous year.
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Power Hill
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Vice President, Exploration and Production
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Senior Vice President, Corporate Development
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Chief Executive Officer
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William Hobbs
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