Elliott Seeks Phillips 66 Board Seats

Activist Elliott to Seek Phillips 66 Board Seats
With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more representation on the company’s board.
Elliott Seeks Phillips 66 Board Seats as It Urges Asset Sale
Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year campaign pushing the company to sell assets, improve operational performance and bolster board oversight.
Phillips 66 says Elliott submitted nomination of director candidates
Phillips 66 (PSX) disclosed earlier that on February 13, Elliott Associates submitted to the company notice of its nomination of director candidates to stand for election to the company’s board at its annual meeting of shareholders and its intent to submit a non-binding business proposal to be made at the meeting,
Elliott to seek Phillips 66 board seats as it pushes to streamline company
Phillips 66 (NYSE:PSX) +1.6% in early trading Wednesday as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it will seek seats on the company's board.
Activist Elliott Ups Stake in Phillips 66 with Over $2.5B Investment
Activist investor Elliott Investment Management lifted its stake in energy company Phillips 66 (PSX) with over $2.5 billion in fresh
Elliott builds over $2.5 billion stake in Phillips 66, seeks operational changes, source says
Elliott plans to push Phillips 66 to sell or spin off its midstream business, the person said. In March last year, Elliott accepted the performance improvement plan that Phillips 66 laid out to boost shareholder returns and share price,
Phillips 66 Stock Is Rising. Activist Investor Elliott Wants More From Refiner.
Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall Street Journal reported.
Phillips 66 Stock Jumps as Elliott Reportedly Takes More than $2.5B Stake
Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...
NBC Washington5d
Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
On Feb. 11, Elliott issued a letter and presentation to the Phillips 66 board outlining "Streamline66," a plan to resolve the company's continued underperformance and poor corporate governance ...
ABC News9d
Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
NEW YORK -- Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the energy company to either sell or spin off its ...