Phillips 66 (PSX) Issues Letter to Shareholders

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Go back to Phillips 66 (PSX) Issues Letter to Shareholders

Phillips 66 Issues Letter to Shareholders

March 5, 2025 8:00 AM EST

Confirms Elliott Investment Managements Nomination of Director Candidates

HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX) (the Company) today issued the following letter to its shareholders. The Company values shareholder feedback and is fully committed to continuing open engagement with all shareholders. This has been consistently demonstrated and expressed over the course of nearly two dozen meetings with Elliott Investment Management (Elliott) since October 2023, including the most recent meeting on March 3, 2025.

The Company also confirmed Elliott has nominated seven directors for election to Phillips 66s Board of Directors (the Board) at the... More