Phillips 66 Management
Management criteria checks 2/4
Phillips 66's CEO is Mark Lashier, appointed in Apr 2021, has a tenure of 3.08 years. total yearly compensation is $23.03M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth $2.87M. The average tenure of the management team and the board of directors is 2.7 years and 6.1 years respectively.
Key information
Mark Lashier
Chief executive officer
US$23.0m
Total compensation
| CEO salary percentage | 6.9% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.005% |
| Management average tenure | 2.7yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Phillips 66: Turnaround Still Very Much A Work In Progress
Apr 29Lacklustre Performance Is Driving Phillips 66's (NYSE:PSX) Low P/E
Apr 15
Phillips 66: Despite A Dividend Hike, Upside May Be Limited (Rating Downgrade)
Apr 04Phillips 66 (NYSE:PSX) Hasn't Managed To Accelerate Its Returns
Mar 30Phillips 66 Still Has Fuel To Move Higher
Mar 06The Turnaround Star - Why I See Over 40% Upside For Phillips 66
Feb 12Phillips 66 (NYSE:PSX) Will Pay A Dividend Of $1.05
Feb 11Phillips 66: Analyzing Activist Elliot Management's $200 Price Target
Jan 24A Look At The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Jan 17Phillips 66 Has A Lot More In Store For 2024
Jan 10Phillips 66's (NYSE:PSX) Shares Lagging The Market But So Is The Business
Jan 03Phillips 66's Portfolio Strength Will Continue
Dec 25Phillips 66 (NYSE:PSX) Seems To Use Debt Quite Sensibly
Dec 2160% Gains Plus Dividends With Phillips 66 If Elliott Is Right
Dec 053.6% Yield And Undervalued - Phillips 66 Is A Top-Tier Income Play
Nov 20Phillips 66's (NYSE:PSX) Returns On Capital Are Heading Higher
Nov 09Phillips 66: A Diversified Way To Benefit From A Strong Refining Environment
Nov 04Phillips 66 Benefiting From Historically High Distillate Yields
Oct 19Does Phillips 66 (NYSE:PSX) Deserve A Spot On Your Watchlist?
Oct 15Phillips 66: Crack Spread Decline Lowers EPS Estimate By Over Two-Thirds (Rating Downgrade)
Oct 04Calculating The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Oct 03Phillips 66: As Good As It Gets
Sep 28Is Phillips 66 (NYSE:PSX) Using Too Much Debt?
Sep 20Phillips 66 Vs. Valero Energy: One Is A Buy, And One Is Not
Sep 04Phillips 66 - What To Make Of Its 4% Yield
Aug 25Investors Will Want Phillips 66's (NYSE:PSX) Growth In ROCE To Persist
Aug 09Phillips 66: Maintain Buy Recommendation Following Solid Q2 Results
Aug 08Phillips 66: Q2 Results To Show, Once Again, Weak Chemicals Margin
Jul 24Phillips 66: Refineries Have Established Their Strength
Jul 17With EPS Growth And More, Phillips 66 (NYSE:PSX) Makes An Interesting Case
Jul 04Calculating The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Jun 22Is Phillips 66 (NYSE:PSX) Using Too Much Debt?
Jun 10Phillips 66: Impressive Fundamentals Provide For Long-Term Value
Jun 06Phillips 66: Harvesting Juicy Energy Dividends
May 30Phillips 66 (NYSE:PSX) Is Looking To Continue Growing Its Returns On Capital
May 05We Ran A Stock Scan For Earnings Growth And Phillips 66 (NYSE:PSX) Passed With Ease
Mar 27Estimating The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Mar 13Phillips 66 Could Fuel Greater Portfolio Returns
Feb 23Phillips 66 (NYSE:PSX) Will Pay A Larger Dividend Than Last Year At $1.05
Feb 12Phillips 66: Buy The Drop And Secure A 3.9% Dividend Yield
Feb 06Phillips 66 Q4 2022 Earnings Preview
Jan 30Returns Are Gaining Momentum At Phillips 66 (NYSE:PSX)
Jan 28We Think Phillips 66 (NYSE:PSX) Can Stay On Top Of Its Debt
Jan 10Phillips 66 plans to return $10B -$12B to shareholders by 2024 end
Nov 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$6b |
| Dec 31 2023 | US$23m | 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$1b |
Compensation vs Market: Mark's total compensation ($USD23.03M) is above average for companies of similar size in the US market ($USD13.59M).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mark Lashier (61 yo)
3.1yrs
Tenure
US$23,032,137
Compensation
Mr. Mark E. Lashier has been President at Phillips 66 since April 01, 2021, serves as its Chief Executive Officer since July 1, 2022 and serves as its Director since July 12, 2022. He serves as President a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.1yrs | US$12.20m | 0.15% $ 90.7m | |
| President | 3.1yrs | US$23.03m | 0.0047% $ 2.9m | |
| Executive VP & CFO | 8.3yrs | US$8.37m | 0.017% $ 10.5m | |
| Executive Vice President of Marketing & Commercial | no data | US$7.52m | 0.0062% $ 3.8m | |
| Executive Vice President of Midstream & Chemicals | 5.8yrs | US$7.24m | 0.013% $ 8.0m | |
| Senior VP and Chief Digital & Administrative Officer | 1.6yrs | no data | no data | |
| Vice President of Investor Relations | 7.1yrs | no data | no data | |
| Executive VP of Government Affairs | 2.3yrs | US$7.80m | 0.011% $ 6.9m | |
| Senior VP & Chief Human Resources Officer | less than a year | no data | no data | |
| Executive Vice President of Emerging Energy & Sustainability | 1.6yrs | no data | 0.0031% $ 1.9m | |
| Head of Executive Communications | 6.7yrs | no data | no data | |
| Senior VP & Chief Transformation Officer | no data | no data | no data |
2.7yrs
Average Tenure
61yo
Average Age
Experienced Management: PSX's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.1yrs | US$12.20m | 0.15% $ 90.7m | |
| President | 1.8yrs | US$23.03m | 0.0047% $ 2.9m | |
| Independent Director | 12.1yrs | US$365.01k | 0.0094% $ 5.8m | |
| Independent Lead Director | 12.1yrs | US$447.37k | 0.0079% $ 4.9m | |
| Independent Director | 7.6yrs | US$356.49k | no data | |
| Independent Director | 12.1yrs | US$369.03k | 0.0036% $ 2.2m | |
| Independent Director | 7.6yrs | US$345.57k | 0.0046% $ 2.8m | |
| Independent Director | 4.6yrs | US$335.01k | 0.000020% $ 12.3k | |
| Independent Director | 3.8yrs | US$335.01k | no data | |
| Independent Director | 2.8yrs | US$356.98k | no data | |
| Independent Director | 2.8yrs | US$350.57k | no data | |
| Independent Director | 3.6yrs | US$352.93k | 0.0022% $ 1.4m |
6.1yrs
Average Tenure
65yo
Average Age
Experienced Board: PSX's board of directors are considered experienced (6.1 years average tenure).