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Posted 12 March, 2024

Phillips 66 appointed new CEO

CEO Change detected for ticker NYSE:PSX in a 8-K filed on 12 March, 2024.


  On March 8, 2024, the Board of Directors (the "Board") of Phillips 66 (the "Company") appointed Mark E. Lashier, the Company's President and Chief Executive Officer and a member of the Board, to the additional position of Chairman of the Board, effective immediately prior to the Company's 2024 Annual Meeting of Shareholders to be held on May 15, 2024.  

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Overview of Phillips 66
Companies on the Energy Service • Pipeline Transportation
Phillips 66 engages in the processing, transportation, storage, and marketing of fuels and other related products. The company operates through the following segments: Midstream, Chemicals, Refining and Marketing & Specialties. The Midstream segment provides crude oil and refined products transportation, terminaling and processing services, as well as natural gas, natural gas liquids and liquefied petroleum gas transportation, storage, processing and marketing services. The Chemicals segment produces and markets petrochemicals and plastics on a worldwide basis. The Refining segment Refines crude oil and other feedstocks into petroleum products such as gasoline, distillates and aviation fuels. The Marketing and Specialties segment purchases for resale and markets refined petroleum products such as base oils and lubricants, as well as power generation operations. The company was founded in 1875 and is headquartered in Houston, TX.
Market Cap
$61.7B
View Company Details
Phillips 66 by TradingView
Relevant filing section
Item 5.02 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements s of Certain Officers. 


On March 8, 2024, the Board of Directors (the "Board") of Phillips 66 (the "Company") appointed Mark E. Lashier, the Company's President and Chief Executive Officer and a member of the Board, to the additional position of Chairman of the Board, effective immediately prior to the Company's 2024 Annual Meeting of Shareholders to be held on May 15, 2024. At that time, Greg C. Garland, the Company's current Executive Chairman and former President and Chief Executive Officer, will step down from the Board, and the size of the Board will be reduced from 14 directors to 13 directors. Glenn F. Tilton will continue in his role as Lead Independent Director. These actions are part of the Board's thoughtful, multi-year succession planning process, and will be described in further detail in the Company's Proxy Statement for its 2024 Annual Meeting of Shareholders. 


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