Williams Adds 3 New Directors as it Seeks to Fend Off Board Takeover
Pipeline company Williams Cos Inc added three new directors to its board on Monday as it works to fend off an attempt by activist investor Keith Meister to replace all of the company's directors. Williams said on Monday it appointed Pioneer Natural Resources Co CEO Scott Sheffield, PPL Corp CEO William Spence and former American Midstream Partners CEO Stephen Bergstrom as directors, effective immediately, increasing the size of its board to 10 directors. Meister, who runs hedge fund Corvex Management LP, nominated a slate of 10 directors last week, after assailing the quality of
Genco Opens Singapore Office
Genco Shipping & Trading Limited said it has opened an office in Singapore and has appointed Ivo Kempenaer as Vice President and Commercial Director, Head of Major Bulks. “Genco continues to take important steps to optimize our commercial strategy and enable the company to more fully capitalize on its leading and sizeable operating platform. We are excited to establish a Singapore presence and grow our footprint globally, supporting our efforts to offer a full-scale logistics solution and strengthen relationships with leading iron ore producers and charterers worldwide.” John C.
Spence Takes over as Noise Control Engineering President
Glosten subsidiary Noise Control Engineering, LLC (NCE), a Massachusetts-based acoustical and structural engineering consultancy, said it has appointed Jesse Spence as its next president. As NCE president, Spence will have direct responsibility for organizational processes, market assessment and business development. He accepts this position after serving as NCE’s director of technology. Spence joined NCE in 2001, having led the firm’s efforts to develop and implement technologies and techniques to facilitate solutions to marine acoustic and vibration problems. He has