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Stock impact report

A Letter From Independent Director Bob Pease to Phillips 66 Shareholders

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today released the following letter from Independent Director Bob Pease to the Company’s shareholders:Shareholders of Phillips 66:I joined the Phillips 66 Board of Directors in February 2024. My appointment came as a result of an agreement between Elliott Management and Phillips 66. At the time, Elliott Management said I would bring to the Board “extensive experience in refining and energy more broadly.”Now Elliott wants me off the Board.Today I’m writing you, our shareholders, to lay out the truth about the Phillips 66 Board and why my own view of Elliott’s campaign for change at the Phillips 66 has evolved.I’ll start first with why I agreed to join the Phillips 66 Board in this relati Read more
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