Phillips 66
Phillips 66 Expands Board with Two New Appointments
Summary
On March 6, 2026, Phillips 66 expanded its Board of Directors from 14 to 16 members, appointing Dr. Kevin O. Meyers and Mr. Howard I. Ungerleider as new independent directors. Both will serve on the Audit & Finance Committee and the Public Policy and Sustainability Committee. The appointments are effective immediately, with Dr. Meyers' term expiring in 2027 and Mr. Ungerleider's in 2026. The move is part of a broader rebalancing of the Board, resulting in the reclassification of an existing director's term.
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About Phillips 66
Phillips 66 is a renowned American multinational energy company involved in refining, transporting, and marketing petroleum products. Engaging primarily as a downstream sector entity, Phillips 66 operates an extensive network of refineries, pipelines, and retail stations across the globe. The company's main function is to refine crude oil into marketable fuels such as gasoline, diesel, and jet fuel, as well as petrochemical products that serve as building blocks for various industrial applications. Additionally, Phillips 66 is known for its logistics and midstream operations, which include pipelines and trucking services that facilitate efficient energy distribution. The company plays a critical role in the energy sector, impacting industries ranging from transportation to manufacturing. By maintaining a strategic focus on safety, environmental stewardship, and operational excellence, Phillips 66 contributes significantly to the global energy supply chain. Established in 1875 and headquartered in Houston, Texas, Phillips 66 continues to provide essential energy solutions while adapting to evolving market dynamics and sustainability demands.
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