(Reuters) Pipeline company Williams Cos Inc (WMB.N) added three new directors to its board on Monday as it works to fend off an attempt by activist hedge fund Corvex Management to replace all of the company’s directors.
Williams said on Monday it appointed Pioneer Natural Resources Co (PXD.N) CEO Scott Sheffield, PPL Corp (PPL.N) CEO William Spence and former American Midstream Partners (AMID.N) CEO Stephen Bergstrom as directors, effective immediately, increasing the size of its board to 10 directors.
