CEO Salary & Executive Compensation
Williams Companies WMB
CEO: Alan Armstrong · Gas Pipelines · 4,900 employees
Alan Armstrong, CEO of Williams Companies (WMB), earned $8.0M in total compensation in 2025. Williams Companies receives a Pay-for-Performance grade of B (67/100), with a CEO-to-worker pay ratio of 84:1 and a say-on-pay shareholder approval of 95.0%. The company's 3-year total shareholder return is -2.3%.
How Williams Companies CEO Pay Compares
Alan Armstrong's $8.0M total compensation is 0% below the Gas Pipelines industry median of $8.0M. The 84:1 CEO-to-worker pay ratio is 0% lower than the industry average of 84:1.
Williams Companies (WMB) disclosed $8.0M in CEO compensation for Alan Armstrong. The package is structured for retention plus performance alignment, with equity awards taking the largest share.
The CEO-to-median-worker pay ratio runs 84x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Performance has been muted across the three-year window: -2.3% TSR, 4.7% revenue change. Stagnant performance combined with substantial CEO pay is the classic setup for proxy-advisor opposition on say-on-pay votes.
Say-on-pay support was strong at 95%. The Dodd-Frank-mandated advisory vote on executive compensation passes at most U.S. public companies with comfortable margins; meaningful dissent typically requires either pay-performance misalignment or specific governance concerns. Williams Companies operates in Gas Pipelines with 4,900 employees and $10.2B in annual revenue, and currently carries a market capitalization of $60.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Williams Companies (WMB).
Compensation Breakdown
Alan Armstrong's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
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Peer CEO Compensation
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Alan Armstrong, CEO of Williams Companies (WMB), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Alan Armstrong, CEO of Williams Companies (WMB), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Williams Companies has a Pay-for-Performance Score of B (67/100). The company's 3-year total shareholder return is -2.3%, and the say-on-pay shareholder vote passed with 95.0% approval.
The CEO-to-median-worker pay ratio at Williams Companies is 84:1. The median worker at Williams Companies earns $95K per year, while CEO Alan Armstrong earns $8.0M in total compensation.
Williams Companies employs approximately 4,900 people. The company operates in the Gas Pipelines industry within the Energy sector, generating $10.2B in annual revenue.