Phillips 66 Management
Management criteria checks 3/4
Phillips 66's CEO is Mark Lashier, appointed in Jul 2022, has a tenure of 2.75 years. total yearly compensation is $22.59M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.008% of the company’s shares, worth $3.11M. The average tenure of the management team and the board of directors is 2.8 years and 5.1 years respectively.
Key information
Mark Lashier
Chief executive officer
US$22.6m
Total compensation
| CEO salary percentage | 7.5% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.008% |
| Management average tenure | 2.8yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
With A 26% Price Drop For Phillips 66 (NYSE:PSX) You'll Still Get What You Pay For
Apr 09
room for higher margins
Apr 06Industry Position: Phillips 66 is a major player in the energy sector, particularly in refining, marketing, and transportation. Analysts often look at the company's ability to capitalize on operationaElliott Management Applies Pressure With Phillips 66 Board Fight
Mar 26Phillips 66: Ignore Elliott Management
Feb 25Phillips 66 Just Missed Earnings - But Analysts Have Updated Their Models
Feb 04Philips 66: Refining Hurts Q4, But Long-Term Value Remains
Feb 01Phillips 66 Makes An Intelligent Acquisition Of EPIC NGL
Jan 13Phillips 66: Bottom Fishing At The Bottom Of The Refining Cycle (Rating Upgrade)
Dec 25Phillips 66: Refiners Are 'Deer In The Headlights' Of Canadian Import Tariffs
Dec 07Phillips 66: 3.4% Yield, Consistent Dividend Growth, Cheap
Oct 24Phillips 66 Is Expanding Past Its Refining Roots
Oct 18Are Investors Undervaluing Phillips 66 (NYSE:PSX) By 44%?
Oct 17
Strategically Envisioning A Greener Future Through Innovative Energy Solutions And Financial Resilience
Sep 24 Transition to producing renewable fuels at the Rodeo Renewable Energy Complex aims to meet growing demand for environmentally friendly energy options.These 4 Measures Indicate That Phillips 66 (NYSE:PSX) Is Using Debt Extensively
Sep 16The Value Of Phillips 66's Midstream Assets Shine Bright In 2024
Aug 01Investors Aren't Buying Phillips 66's (NYSE:PSX) Earnings
Jul 26Phillips 66: Sell-Off Creates Opportunity, Given Likely Q2 Acceleration (Rating Upgrade)
Jul 12Returns On Capital At Phillips 66 (NYSE:PSX) Have Hit The Brakes
Jul 11Phillips 66 (NYSE:PSX) Shares Could Be 39% Below Their Intrinsic Value Estimate
Jun 06We Think Phillips 66 (NYSE:PSX) Can Stay On Top Of Its Debt
May 22Phillips 66: Turnaround Still Very Much A Work In Progress
Apr 29Phillips 66: Despite A Dividend Hike, Upside May Be Limited (Rating Downgrade)
Apr 04Phillips 66 Still Has Fuel To Move Higher
Mar 06The Turnaround Star - Why I See Over 40% Upside For Phillips 66
Feb 12Phillips 66: Analyzing Activist Elliot Management's $200 Price Target
Jan 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$23m | US$2m | US$2b |
| 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$1b |
Compensation vs Market: Mark's total compensation ($USD22.59M) is above average for companies of similar size in the US market ($USD14.30M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Lashier (62 yo)
2.8yrs
Tenure
US$22,586,946
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 | 2.8yrs | US$22.59m | 0.0079% $ 3.1m | |
| Executive VP & CFO | 9.3yrs | US$8.34m | 0.014% $ 5.6m | |
| Executive VP of Government Affairs | 3.3yrs | US$6.06m | 0.0064% $ 2.5m | |
| Executive Vice President of Marketing & Commercial | no data | US$8.38m | 0.0081% $ 3.2m | |
| Executive Vice President of Refining | 2.8yrs | US$7.44m | 0.0043% $ 1.7m | |
| Senior VP and Chief Digital & Administrative Officer | 2.5yrs | no data | no data | |
| Vice President of Investor Relations | 8yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 1.6yrs | no data | no data | |
| Executive Vice President of Emerging Energy & Sustainability | 2.5yrs | no data | 0.0042% $ 1.6m | |
| Head of Executive Communications | 7.6yrs | no data | no data | |
| Senior VP & Chief Transformation Officer | no data | no data | no data | |
| Senior Vice President of Health | no data | no data | no data |
2.8yrs
Average Tenure
59yo
Average Age
Experienced Management: PSX's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman | 2.8yrs | US$22.59m | 0.0079% $ 3.1m | |
| Independent Director | 13yrs | US$365.12k | 0.0098% $ 3.8m | |
| Independent Lead Director | 13yrs | US$418.20k | 0.0087% $ 3.4m | |
| Independent Director | 8.5yrs | US$355.60k | no data | |
| Independent Director | 13yrs | US$364.17k | 0.0043% $ 1.7m | |
| Independent Director | 8.5yrs | US$351.89k | 0.0052% $ 2.0m | |
| Independent Director | 5.5yrs | US$335.12k | 0.000020% $ 7.8k | |
| Independent Director | 2.8yrs | US$359.17k | 0.0025% $ 984.5k | |
| Independent Director | 4.8yrs | US$356.15k | no data | |
| Independent Director | 3.8yrs | US$356.07k | no data | |
| Independent Director | 3.8yrs | US$376.27k | 0% $ 0 | |
| Independent Director | 4.5yrs | US$351.80k | 0.0027% $ 1.1m |
5.1yrs
Average Tenure
64yo
Average Age
Experienced Board: PSX's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/16 04:20 |
| End of Day Share Price | 2025/04/16 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Phillips 66 is covered by 36 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Theresa Chen | Barclays |
| Yim Cheng | Barclays |