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Form 8-K · Current Report · Filed 2024-04-04

Phillips 66 Appoints New Vice President and Controller

On April 3, 2024, Phillips 66 announced the appointment of Ann M.

Filer
Phillips 66 PSX · NYSE
Filed
Accession
0001534701-24-000097
CIK
0001534701
Signal
Medium impactEnergy

Details

Kluppel as Vice President and Controller, effective May 13, 2024. Kluppel, who has been with the company since its spin-off from ConocoPhillips in 2012, will succeed J. Scott Pruitt, who plans to retire effective May 31, 2024. Kluppel's new role includes participation in the company's executive compensation programs and an increase in her target opportunity and LTIP grant.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CAO Appointed President Resignation

Market reaction

Close before filing

$172.71

Next session

-1.1%

Since filing

+22.6%

Latest close

$211.68

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from PSX reporting the same item, with the next session's move:

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.

Exchange NYSE Industry Oil & Gas Refining & Marketing Company website ↗

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