Companies chairman speaks
at FSC's Cockroft Forum
(Feb. 27, 2002) - Keith E. Bailey, chairman of the Williams Companies,
Inc. of Tulsa, Okla., will deliver the address for the William B.
Cockroft Forum on Free Enterprise to be held March 13 at Florida
Southern College. Bailey will address community business and civic
leaders at 12:30 p.m. in the Alumni Center of the Charles T. Thrift
in Lakeland on March 12. He will attend a student/faculty dinner
at 6:30 p.m. and present an informal talk to approximately 75 business
and economics faculty, students, members and advisors of Sigma Delta
Pi business and ODK scholastic honorary fraternities, and college
senior staff. On March 13, before the forum address, Bailey will
give informal talks in two classrooms, visiting Professor Lynn Clements'
Advanced Accounting class at 9:05 a.m., and Dr. Carl Brown's Macroeconomic
Theory class at 10:15 a.m.
from the Missouri School of Mines and Metallurgy (now the University
of Missouri) with a mechanical engineering degree. His career with
Williams began in 1973 when he became assistant to the vice president
of operations at Williams Pipe Line Company, a cornerstone of the
current Williams Companies. He was named president of Williams in
January 1992 and became chief executive officer in 1994. He was
the first CEO who was not a member of the Williams family. In a
planned move, Bailey gave up the CEO position in January and will
retain the chair until the May shareholders meeting, when he is
expected to announce his retirement.
Bailey has served
as a leader in his community. He is a former campaign chair and
board chair of the Tulsa Area United Way. He served two terms as
a member of United Way of America's Board of Governors and held
the position of chairman in 1995-96. Bailey also served as chairman
of the board of trustees at the University of Tulsa and the University
of Missouri - Rolla. Bailey has been on the boards of numerous industry
associations and community organizations including the National
Alliance of Business. He was inducted in the Tulsa Hall of Fame
and the Oklahoma City University Business Hall of Honor in 1999.
Companies is a multibillion-dollar energy and high-technology company
that began when brothers Dave and Miller Williams started laying
sidewalks in 1908. Graduating to pipeline construction a few years
later, the company is now one of the nation's largest natural gas
transporters. In 1986, the company began running fiber-optic cable
through decommissioned pipelines, eventually building the most advanced
fiber-optic network in the country. Williams collaborated with Duke
Energy in 2001 to form Gulfstream Natural Gas, which is currently
laying the pipeline across the Gulf of Mexico from Mobile, Ala.
to Port Manatee, Fla. The pipeline, the first new natural gas transportation
system to serve Florida in over 40 years, will provide 1.1 billion
cubic feet per day of natural gas to south and central Florida utilities.
with the community is a priority for Williams, which supports many
educational programs. In 2000, the company contributed more than
$5.4 million to educational programs at all levels. The company
received the Spirit of America award from United Way in 1998 and
in 2001 raised $32 million, setting a second consecutive record
for giving more to United Way than anyone.
B. Cockroft Forum for Free Enterprise, located in Nashville, Tenn.
since 1985, promotes exchanges between prominent business and industry
leaders and members of the academic world, fielding questions from
professors and students about free enterprise. William B. Cockroft,
now deceased, was a retired dentist who became interested in the
free enterprise system after retiring and subsequently founded United
Inns Corporation. Florida Southern College has regularly been granted
William B. Cockroft Free Enterprise gifts based on the college's
involvement and promotion of free enterprise concepts.
Please contact Shari Szabo at (863) 680-6234 if you are interested
in attending the luncheon or classes at which Bailey will speak.