Access Midstream CEO Replaced by COO Under Williams Ownership

Mike Stice is the current CEO of Access Midstream, which used to be the old Chesapeake Midstream before it was spun off into its own company. Access has a large footprint in the Marcellus/Utica region. In June, Williams announced a deal to buy Access Midstream and fold it into their own operation (see Big News: Williams Partners Buying Access Midstream for $6B). The deal is now done and all that’s left are some regulatory approvals and lawyers generating mountains of paperwork back and forth (see Deal Details for Williams/Access Midstream Merger – TTV of $50B!). Williams expects to put its own name plate on the Access door “by early 2015.” So what does that mean for Access CEO Mike Stice? Sayonara, apparently. Williams issued an innocent-looking personnel press release yesterday that says Stice’s #2 man, the current Chief Operating Officer, Robert Purgason, will take over running the Access Midstream division of Williams…

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