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Williams Companies Executive Compensation (FY25)

WMB · Executive and director compensation, fiscal 2022 to 2025

The Williams Companies brief, $1,500

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Data as of September 12, 2026Latest filing (8-K): May 4, 2026
14 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Williams Companies brief$1,500Get the executive brief
285 figures on this page: 275 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Chad Zamarin
Median of the other named officers
$5,110,707
6 officers, excluding the chief executive
Latest say-on-pay support
=
May 4, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Chad Zamarin: $4,922,681 → $8,682,793 (76.4% higher)
Say-on-pay support: 96.5% → 97.0% (0.5 points higher)
CEO pay ratio: 122:1 → 61:1 (50.0% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Williams Companies' chief executive and what were they paid?
Total compensation for Chad Zamarin, President and Chief Executive Officer, came to $8,682,793 in fiscal 2025. Compared with the $4,922,681 reported for fiscal 2024, Zamarin's total was 76.4% higher.
What was Williams Companies' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 97.0% of votes cast for or against in favor at the meeting held May 4, 2026.
Which companies are in Williams Companies' peer group?
Companies named in the disclosed peer group include CenterPoint Energy Inc., Cheniere Energy Inc., Devon Energy Corp., Dominion Energy, Inc. and EOG Resources, Inc., among others.
What is Williams Companies' chief executive pay ratio?
The company reported a chief executive pay ratio of 61:1 for fiscal 2025, against median employee compensation of $143,269.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Armstrong
President and Chief Executive Officer
◇—◇—◇—◇◇
Micheal Dunn
EVP and Chief Operating Officer
◇—◇—◇—◇◇
Chad Zamarin
EVP, Corporate Strategic Development
◇◇◇—◇—◇◇
John Porter
SVP and Chief Financial Officer
◇—◇—◇—◇◇
T. Lane Wilson
SVP and General Counsel
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Armstrong
President and Chief Executive Officer
◇—◇—◇◇◇◇
Micheal Dunn
EVP and Chief Operating Officer
◇—◇—◇◇◇◇
Chad Zamarin
EVP, Corporate Strategic Development
◇—◇—◇◇◇◇
John Porter
SVP and Chief Financial Officer
◇—◇—◇◇◇◇
T. Lane Wilson
SVP and General Counsel
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Armstrong
President and Chief Executive Officer
◇—◇—◇◇◇◇
Micheal Dunn
Former EVP and Chief Operating Officer
◇—◇—◇◇◇◇
Chad Zamarin
EVP, Corporate Strategic Development
◇—◇—◇◇◇◇
John Porter
EVP and Chief Financial Officer
◇—◇—◇◇◇◇
T. Lane Wilson
SVP and General Counsel
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Armstrong
Executive Board Chair and Former President and Chief Executive Officer
Departed during or after this year
◇—◇—◇◇◇◇
Chad Zamarin
President and Chief Executive Officer
◇—◇—◇◇◇◇
Robert Wingo
EVP Corporate Strategic Development
◇◇◇—◇—◇◇
Micheal Dunn
Former EVP and Chief Operating Officer
Departed during or after this year
◇—◇—◇◇◇◇
John Porter
EVP and Chief Financial Officer
◇—◇—◇◇◇◇
Larry Larsen
EVP and Chief Operating Officer
◇—◇—◇◇◇◇
T. Lane Wilson
SVP and General Counsel
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alan ArmstrongRSU——————◇
Chad ZamarinRSU——————◇
John PorterRSU——————◇
Larry LarsenRSU——————◇
Robert WingoRSU——————◇
T. Lane WilsonRSU——————◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
John PorterPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
T. Lane WilsonPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Robert WingoPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Micheal DunnPSU◇◇——
PSU◇◇——
Alan ArmstrongPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Chad ZamarinPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Larry LarsenPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Stephen W. Bergstrom
Lead independent director
◇◇———◇◇
Rose M. Robeson
◇◇————◇
Michael A. Creel
◇◇———◇◇
William H. Spence
◇◇————◇
Peter A. Ragauss
◇◇———◇◇
Murray D. Smith
◇◇————◇
Scott D. Sheffield
◇◇————◇
Jesse J. Tyson
◇◇————◇
Richard E. Muncrief
◇◇————◇
Carri A. Lockhart
◇◇————◇
Stacey H. Dor, Chad J. Zamarin and Alan S. Armstrong served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • CenterPoint Energy Inc. CNP
  • Cheniere Energy Inc. LNG
  • Devon Energy Corp. DVN
  • Dominion Energy, Inc. D
  • EOG Resources, Inc. EOG
  • Kinder Morgan, Inc. KMI
  • Marathon Petroleum Corp. MPC
  • ONEOK, Inc. OKE
  • Phillips 66 PSX
  • Sempra SRE
  • Targa Resources Corp. TRGP
  • The Southern Company SO

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 4, 2026=◇◇◇
2024April 29, 2025=◇◇◇
2023April 30, 2024=◇◇◇
2022April 25, 2023=◇◇◇
2021April 26, 2022=◇◇◇
2020April 27, 2021=◇◇◇
2019April 28, 2020=◇◇◇
2018May 9, 2019=◇◇◇
2016May 18, 2017=◇◇◇
2015November 23, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Williams Companies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Williams Companies sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
285 figures on this page: 275 cited to the filing that reported them, 10 calculated from figures it prints.
275 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000107263-26-000013
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-112643
    2025 Summary Compensation Table · Director Compensation · Director Compensation for Fiscal Year 2025 · Outstanding Equity Awards · and 1 more section
  3. 0001193125-25-110735
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-057277
    2024 Summary Compensation Table
  5. 0001193125-24-130839
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-24-072112
    2023 Summary Compensation Table
  7. 0001193125-23-123966
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-23-072012
    Summary Compensation Table
  9. 0001193125-22-127605
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001193125-21-144959
  11. 0001193125-20-124193
  12. 0001193125-19-144233
  13. 0001193125-17-176057
  14. 0001193125-16-779474
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Williams Companies executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/WMB (accessed 2026).
Short form: data: Velarion

The Williams Companies brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Williams Companies discloses

The companies named in WMB's own disclosed peer group.

CenterPoint Energy Inc.Cheniere Energy Inc.Devon Energy Corp.Dominion Energy, Inc.EOG Resources, Inc.Kinder Morgan, Inc.Marathon Petroleum Corp.ONEOK, Inc.Phillips 66SempraTarga Resources Corp.The Southern Company

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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