Phillips 66 Management
Management criteria checks 3/4
Phillips 66's CEO is Mark Lashier, appointed in Jul 2022, has a tenure of 2.33 years. total yearly compensation is $19.41M, comprised of 8.2% salary and 91.8% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $2.59M. The average tenure of the management team and the board of directors is 2.4 years and 4.7 years respectively.
Key information
Mark Lashier
Chief executive officer
US$19.4m
Total compensation
| CEO salary percentage | 8.2% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.005% |
| Management average tenure | 2.4yrs |
| Board average tenure | 4.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$5b |
| Mar 31 2024 | n/a | n/a | US$6b |
| Dec 31 2023 | US$19m | US$2m | US$7b |
| Sep 30 2023 | n/a | n/a | US$8b |
| Jun 30 2023 | n/a | n/a | US$11b |
| Mar 31 2023 | n/a | n/a | US$12b |
| Dec 31 2022 | US$16m | US$1m | US$11b |
| Sep 30 2022 | n/a | n/a | US$10b |
| Jun 30 2022 | n/a | n/a | US$5b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$11m | US$825k | US$1b |
Compensation vs Market: Mark's total compensation ($USD19.41M) is above average for companies of similar size in the AR market ($USD5.74M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Lashier (62 yo)
2.3yrs
Tenure
US$19,409,261
Compensation
Mr. Mark E. Lashier had been President at Phillips 66 since April 01, 2021 until May 2024, serves as its Chief Executive Officer since July 1, 2022 and serves as its Director since July 12, 2022 and serves...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 2.3yrs | US$19.41m | 0.0048% $ 2.6m | |
| Executive VP & CFO | 8.8yrs | US$8.37m | 0.013% $ 7.0m | |
| Executive Vice President of Marketing & Commercial | no data | US$7.52m | 0.0064% $ 3.4m | |
| Senior VP and Chief Digital & Administrative Officer | 2.1yrs | no data | no data | |
| Vice President of Investor Relations | 7.6yrs | no data | no data | |
| Executive VP of Government Affairs | 2.8yrs | US$7.80m | 0.012% $ 6.2m | |
| Senior VP & Chief Human Resources Officer | 1.2yrs | no data | no data | |
| Executive Vice President of Emerging Energy & Sustainability | 2.1yrs | no data | 0.0032% $ 1.7m | |
| Head of Executive Communications | 7.2yrs | no data | no data | |
| Senior VP & Chief Transformation Officer | no data | no data | no data | |
| Executive Vice President of Refining | 2.4yrs | no data | 0.0035% $ 1.9m | |
| Senior Vice President of Health | no data | no data | no data |
2.4yrs
Average Tenure
59yo
Average Age
Experienced Management: PSXD's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 2.3yrs | US$19.41m | 0.0048% $ 2.6m | |
| Independent Director | 12.6yrs | US$365.01k | 0.0097% $ 5.2m | |
| Independent Lead Director | 12.6yrs | US$447.37k | 0.0081% $ 4.4m | |
| Independent Director | 8.1yrs | US$356.49k | no data | |
| Independent Director | 12.6yrs | US$369.03k | 0.0037% $ 2.0m | |
| Independent Director | 8.1yrs | US$345.57k | 0.0047% $ 2.5m | |
| Independent Director | 5.1yrs | US$335.01k | 0.000020% $ 10.8k | |
| Independent Director | 2.4yrs | US$337.77k | 0.0025% $ 1.3m | |
| Independent Director | 4.3yrs | US$335.01k | no data | |
| Independent Director | 3.3yrs | US$356.98k | no data | |
| Independent Director | 3.3yrs | US$350.57k | no data | |
| Independent Director | 4.1yrs | US$352.93k | 0.0023% $ 1.2m |
4.7yrs
Average Tenure
64yo
Average Age
Experienced Board: PSXD's board of directors are considered experienced (4.7 years average tenure).