Phillips 66 is nominating two new directors to its board amid an intensifying proxy fight with activist Elliott Investment Management, confirming an earlier report by The Wall Street Journal. The oil ...

Underscores the valuable skills and experiences Phillips 66’s Board and nominees have to drive shareholder value creation, superior to those of Elliott’s nominees HOUSTON--(BUSINESS WIRE)--Phillips 66 ...

WEST PALM BEACH, Fla., Feb. 11, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $2.5 billion in Phillips 66 (NYSE ...

Phillips 66 Co. appointed a new independent director and will name another member to the board in the coming months, the refiner has said. The changes, which result in the board having 14 directors ...

Elliott Investment Management filed a lawsuit against Phillips 66 and its board of directors to require four seats be up for election this year, the latest push for leadership and performance changes ...

Phillips 66 (NYSE:PSX) sent a letter to shareholders Tuesday urging a vote against what it sees as activist investor Elliott Investment Management’s short-term attempts to dismantle the company.

(Reuters) -Activist investor Elliott Investment Management should back down from its push to break up energy company Phillips 66 because it is conflicted from a separate effort to acquire one of the ...

NEW YORK (Reuters) -Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual shareholders meeting on Wednesday, capping one of the ...

Outlines strong operational and financial performance driven by the Company’s transformative strategy Warns that Elliott’s high-risk proposals are misleading, based on flawed analysis and threaten ...