Activist investor Elliott Investment Management disclosed the names of its four nominees to join Phillips 66’ board of ...

The contest pits one of the energy sector’s most storied players, which started 108 years ago as the Phillips Petroleum Co., ...

The investor planned to pare down that number depending on how many board members Phillips 66 would put up for election, which was uncertain because two Phillips 66 directors had decided to not ...

Activist investor Elliott Investment Management sued Phillips 66 and its board of directors to require four board seats be up for election at the oil refiner’s next annual shareholder meeting.

Elliott Investment Management, which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter to ...

Bob Pease, an independent member of oil company Phillips 66’s (PSX) Board of Directors, blasted activist investor Elliott Management in a letter. The independent director criticized Elliott’s battle ...

Oil refiner Phillips 66 said Wednesday it is nominating two new directors to its board, as its proxy fight with activist Elliott Investment Management continues. The two new candidates are A.

Elliott Investment Management has won support from a prominent Phillips 66 investor for replacing some of the oil refiner’s ...

In a letter to shareholders, Phillips 66--which operates 11 refineries in the U.S. and Europe--said it aims to decrease its refining adjusted controllable costs to $5.50/bbl by 2027, which would mark ...

Phillips 66’s board of directors is again pushing against one of its largest investors—Elliott Investment Management—with a ...

Phillips 66's independent director, Bob Pease, defended the company's performance and criticized Elliott Investment Management on Friday, as a boardroom battle between the U.S. refiner and the ...

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 wou ...