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Williams Cos. (WMB) Stock Up, Hiring Three New Independent Directors

NEW YORK (TheStreet) -- Shares of Williams Cos. (WMB) were rising in early afternoon trading on Monday after the Tulsa, OK-based energy infrastructure company announced it had appointed three new independent directors to its board.

Pioneer Natural Resources (PXD) CEO Scott Sheffield, PPL (PPL) CEO William Spence and American Midstream Partners (AMID) former CEO Stephen Bergstrom will join Williams' board effective immediately, according to a company statement.

TheStreet's Jim Cramer explains in the above video that the...