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Don Chappel joined Williams in April 2003 as senior vice president and chief financial
officer. Chappel has led the successful restructuring of the company’s finances as well as
implementation of an EVA-based disciplined financial management system and administrative
cost reduction program.
Chappel’s previous experience includes serving twice in the late 1990s as chief financial
officer of Waste Management Inc. during periods before and after its 1998 merger with USA
Waste Services. Chappel joined Waste Management in 1987 as vice president and controller of
a newly formed operating subsidiary. He then served in a number of positions of increasing
responsibility in operating subsidiaries leading to his appointment as chief financial officer by
the company’s board of directors during a period of crisis.
As CFO of Waste Management Chappel is credited with successfully leading the company’s
financial recovery efforts including restatement of previously issued financial statements.
During the period between his two tours as chief financial officer Chappel served as
senior vice president of operations and administration where he led operations targeted for
divestiture and successfully divested those operations. Chappel was later re-appointed as CFO
by the new board during another time of crisis. The turnaround was again successful with
Chappel laying the foundation for excellence in finance.
In addition to his financial leadership Chappel’s experience at Waste Management
encompassed comprehensive business process re-engineering related information
technology transformation and implementation of a shareholder value-based financial
management system.
Prior to Waste Management Chappel served in financial leadership roles at Beatrice
Companies from 1982-87 and at Arthur Andersen & Company from 1973 to 1982.
Education
Chappel graduated from the University of Illinois with a bachelor of science degree in
accounting in 1973. He completed his certification as a public accountant in 1974.
Industry/Community Leadership
Chappel served as treasurer and chairman of the Plan Commission of a municipality in the
Chicago area. While in service he spoke before the Illinois State Legislature on environmental
and financial matters. | 