Steven

Steven J. Malcolm, current president and COO of Williams, has been named the company’s new CEO by the board of directors. Malcolm, 53, succeeds Chairman Keith E. Bailey as CEO. Bailey will retain his position as chairman until the May 17 shareholders’ meeting, when he is expected to announce his retirement.

The board of directors of Williams named Steven J. Malcolm president and COO effective immediately. Formerly president and CEO of Williams Energy Services and executive vice president of Williams, Malcolm also was elected to the board. Keith E. Bailey, 59, will relinquish his responsibilities as president of the company and will remain chairman and CEO until his expected retirement at the next annual meeting of shareholders on May 17, 2002. Bailey was elected president in 1992 and chairman in 1994.

The board of directors of Williams named Steven J. Malcolm president and COO effective immediately. Formerly president and CEO of Williams Energy Services and executive vice president of Williams, Malcolm also was elected to the board. Keith E. Bailey, 59, will relinquish his responsibilities as president of the company and will remain chairman and CEO until his expected retirement at the next annual meeting of shareholders on May 17, 2002. Bailey was elected president in 1992 and chairman in 1994.

The Royal Dutch/Shell Group announced one of its top executives,Steven Miller, 53, will take over as president, CEO and chairman ofits Houston-based subsidiary, Shell Oil Co. July 1 with theretirement of Jack Little who turned 60 last year. Little had beenpresident for a year. Miller, who will give up his managingdirector titles with the parent company, said in a writtenstatement, he would like to see the U.S. branch “even more closelyaligned with the rest of the Royal Dutch/Shell Group in order todeal with competitive realities more effectively on a globalbasis.”