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Wright to Retire From Williams

After more than two decades on the job, one of Williams’ top executives is stepping down. Phillip D. Wright, senior vice president of corporate development, will retire on April 1 at age 56.

Wright joined Williams in 1989 as a vice president for one of the company's pipeline businesses. He has served as a senior executive of the company since 2001 in roles that included president of Williams' gas pipeline business; chief restructuring officer; and chairman, president and chief operating officer of the first master limited partnership Williams formed.

"Phil's service on behalf of investors, customers, fellow employees, communities and with industry organizations has been exceptional," said Alan Armstrong, president and CEO of Williams. "He has played a key role in our strong management team for many years and has always stepped up to take on some of our most difficult leadership assignments. His values have resonated well with the company's and that has propelled him to be a very effective and well respected leader."