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Williams Cos. Appoints Directors as It Executes Strategic Turnaround

Corvex Management's Keith Meister

Activist-pressured natural gas pipeline operator Williams Cos. (WMB) appointed three new members to its board, expanding its size to 10 directors.

The appointees, who were announced Monday, include Stephen Bergstrom, director and former president and CEO of oil and gas infrastructure provider American Midstream Partners LP (AMID) ; Scott Sheffield, chairman and CEO of oil and gas producer Pioneer Natural Resources Co. (PXD) ; and William Spence, chairman, CEO and president of utility PPL Corp. (PPL) .

Tulsa, Okla.-based Williams said the directors were selected with the help of Spencer Stuart and that its board...