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.
Average pay of disclosed executives at Williams Companies
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.

Related executives

Power Hill

Williams Companies

Vice President, Exploration and Production

Phillip Wright

Williams Companies

Senior Vice President, Corporate Development

Steven Malcolm

Williams Companies

Chief Executive Officer

Donald Chappel

Williams Companies

Chief Financial Officer

William Hobbs

Williams Companies

Vice President,

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Source: SEC filing on April 9, 2008.