PSXP
51.39 -0.52 -1%
Volume: 174,505 October 17, 2017
PSX
90.63 -0.24 -0.26%
Volume: 2,398,438 October 17, 2017

Corporate Governance

Executive Leadership Team

Portrait

Greg C. Garland, Chairman and CEO

Greg Garland is chairman and CEO of Phillips 66, a diversified energy manufacturing and logistics company. A chemical engineer, Garland has more than 30 years of industry experience in technical and executive leadership positions within the oil and natural gas and chemicals industries.

Previously, Garland had served as senior vice president, Exploration and Production, Americas, for ConocoPhillips since 2010. Prior to joining ConocoPhillips, Garland was president and chief executive officer of Chevron Phillips Chemical Company, which is now a joint venture between Phillips 66 and Chevron. Before his election to that position, Garland served Chevron Phillips as senior vice president, Planning & Specialty Chemicals. His prior experience includes serving as general manager of Qatar/Middle East for Phillips, a position he assumed in 1997. From 1995 to 1997, he served as general manager of natural gas liquids after serving as manager of planning and development in planning and technology. From 1992 to 1994, he was manager of the K-Resin® business unit.

Garland began his career with Phillips in 1980 as a project engineer for the Plastics Technical Center. He later worked as a sales engineer for Phillips' plastics resins, business service manager for advanced materials, business development director, and olefins manager for chemicals.

He serves on the Board of Directors for DCP Midstream, the Board of Amgen, the Board of the National Petroleum Council, the Board and Executive Committee of the American Petroleum Institute, the Board for The Greater Houston Partnership, as a member of the Engineering Advisory Board for Texas A&M University and as Chairman of Junior Achievement for Southeast Texas.

Garland received a Bachelor of Science degree in chemical engineering from Texas A&M University in 1980.

Portrait

Tim G. Taylor, President

Tim G. Taylor is president, Phillips 66, a diversified energy manufacturing and logistics company. A chemical engineer, Taylor has more than 35 years experience in the chemical and oil and gas industries.

Before being named to his current role, Taylor served as executive vice president, Commercial, Marketing, Transportation & Business Development. Prior to joining Phillips 66, he was chief operating officer of Chevron Phillips Chemical Company.

He began his career in the chemical industry with Eastman Chemical in Longview, Texas. He joined Phillips Petroleum Company’s plastics division in 1980, and served in various assignments in chemicals and plastics. From 1990 to 1992, he was president of Phillips Recycling Company in Tulsa, Oklahoma. In 1992, Taylor moved to Houston to manage K-Resin Marketing. One year later, he was named president of Phillips Pipeline Company, and in 1995, he returned to chemicals and plastics where he held several management positions prior to the joint venture of Phillips Chemical and Chevron Chemical in 2000.

Taylor is president and a member of the board of directors of Phillips 66 Partners. He also serves on the board of directors for Chevron Phillips Chemical Company. He is a Certified Public Accountant in Texas.

Taylor is a native of El Dorado, Kansas and graduated from Kansas State University with a Bachelor of Science degree in chemical engineering in 1975.

Portrait

Jay D. Churchill, Senior Vice President, Health, Safety and Environment, and Projects

Jay D. Churchill is senior vice president, Health, Safety and Environment, and Projects for Phillips 66, a diversified energy manufacturing and logistics company. He was appointed to the role in September 2016 and reports directly to Phillips 66 Chairman and CEO Greg Garland. Churchill has more than 36 years of experience in the oil and gas industry, with a focus on the downstream business.

Churchill previously served as regional vice president, Refining, with responsibility for the Alliance, Billings, Ferndale, Los Angeles, San Francisco and Wood River refineries.

He began his career with Conoco in 1979 as a plant process engineer at the Lake Charles Refinery in Louisiana. He went on to hold operating superintendent positions in the Billings and Lake Charles refineries. In 1994, Churchill became operations manager responsible for the safe and efficient startup of a $500 million lube oil hydrocracking project and worked in the Excel Paralubes joint venture. In 1998, he was transferred to the Houston office as strategy manager, Downstream, North America.

Churchill graduated from the University of Minnesota with a Bachelor of Science in chemical engineering.

Portrait

Jeff Dietert, Vice President, Investor Relations

Jeff Dietert is vice president, Investor Relations, for Phillips 66. Dietert brings over 30 years of experience in the oil and gas industry.

Before joining Phillips 66 in April 2017, Dietert served as managing director, Research, at Simmons & Company International, a firm that provides investment banking services for the energy industry. Prior to that, he also provided research coverage of companies in the integrated oil, natural gas gathering, processing and pipeline, and independent power sectors. He also previously served in business development, finance and marketing roles at Texaco, Aquila Energy and Oryx Energy, as well as a drilling engineer at Viersen & Cochran.

Dietert holds a bachelor’s degree in petroleum engineering from the University of Oklahoma and an MBA from The University of Texas at Austin.

Portrait

Zhanna Golodryga, Senior Vice President, Chief Digital and Administrative Officer

Zhanna Golodryga is senior vice president, chief digital and administrative officer for Phillips 66. Golodryga has more than 30 years of experience within the oil and gas industry.

Before joining Phillips 66 in April 2017, she served as chief information officer and senior vice president, Services, with responsibilities for Global Supply Chain, Facilities and Office Services for Hess Corporation, a role she held since 2012. Prior to that, she was vice president and CIO at BHP Billiton, vice president of Information Technology at TeleCheck International, manager of Information Systems at Baker Hughes, and IT Services manager at Marathon Oil.

Golodryga graduated with a master’s degree in mechanical engineering from Kiev Engineering and Construction Institute in the Ukraine.

Portrait

Robert A. Herman, Executive Vice President, Refining

Robert (Bob) Herman is executive vice president, Refining for Phillips 66, a diversified energy manufacturing and logistics company. He has more than 35 years of experience in various technical and leadership roles within the oil and gas industry.

Herman previously served as executive vice president, Midstream, as well as senior vice president, Health, Safety & Environment (HSE), Projects and Procurement. He joined Phillips 66 as senior vice president, HSE, and previously worked for ConocoPhillips as vice president, HSE. While with ConocoPhillips, he spent a majority of his career on the refining side of the business. Herman was named president, Refining, Marketing and Transportation - Europe, in 2008 after serving as general manager, Refining Business Improvement, since 2005. His extensive work with several refineries across the U.S. and Europe included a three-year term as the refinery manager of the Bayway Refinery.

Herman began his career in 1982 as a rotating equipment engineer at Prudhoe Bay, Alaska, with Sohio Alaska Petroleum Company. In 1987, he transferred to refining and worked in numerous operations, maintenance, turnaround, project management, technical support and refining management roles for BP, Tosco, Premcor and ConocoPhillips.

He is the senior vice president, Operations, for Phillips 66 Partners and currently serves on the Board of Directors for Phillips 66 Partners and Chevron Phillips Chemical Company. He is a past board member of the Northwest Construction Consumers Council; Europia, the European petroleum industry association; and CONCAWE, the European consortium for health, safety and environmental issues in the petroleum industry.

Herman was born in Seattle, Washington, in 1959 and received a Bachelor of Science degree in mechanical engineering from Washington State University in 1982.

Portrait

Paula Johnson, Executive Vice President, Legal and Government Affairs, General Counsel, Corporate Secretary

Paula Johnson is executive vice president, Legal and Government affairs, general counsel, and corporate secretary for Phillips 66, a diversified energy manufacturing and logistics company. She has nearly 25 years of legal experience.

Before assuming her current role, Johnson was Deputy General Counsel, Corporate, and Chief Compliance Officer for ConocoPhillips. Prior roles with ConocoPhillips included managing counsel for litigation and claims from 2006 to 2009, and working as a senior counsel in the litigation group when she started her career with the company in 2002. Prior to joining ConocoPhillips, Johnson was in private practice in Houston, primarily at Fulbright & Jaworski, LLP.

Johnson also serves as vice president, general counsel and secretary of Phillips 66 Partners.

She earned a Bachelor of Arts degree in 1985 and a Juris Doctorate with honors in 1988 from the University of Oklahoma.

Portrait

Merl R. Lindstrom, Vice President, Technology

Merl R. Lindstrom is vice president, Technology, for Phillips 66, a diversified energy manufacturing and logistics company. He has more than 35 years of experience in research and development (R&D) roles, focusing primarily on the downstream business.

Before assuming his current role, Lindstrom was senior vice president, Technology, for ConocoPhillips. In his tenure with ConocoPhillips, Lindstrom served in a variety of technological and R&D roles. He has worked in managerial R&D roles for various organizations including Downstream Technology, Technical Services and Facilities. From 1998 to 2001, before the merger with Conoco, Lindstrom worked for Phillips Petroleum as general manager of the Woods Cross Refinery. He also spent time in various managerial R&D roles in the chemicals, petrochemicals and refining research divisions. He previously served as director of plastics/chemicals in corporate planning and budgeting.

Lindstrom began his career with Phillips in 1978 as a research chemist in R&D. In 1984, he was promoted to section supervisor in the polymers and materials area. In 1987, he was promoted to director of industry analysis in planning and budgeting for Phillips 66 Company, a division of Phillips Petroleum; and he became director of alloys, blends and compounds in plastics in 1988. He returned to R&D in 1988 as manager of the engineering materials branch.

Lindstrom is a native of North Dakota. He graduated from North Dakota State University in Fargo, earning a Bachelor of Science degree in 1973 and a doctorate in 1978 in chemistry.

Portrait

Kevin J. Mitchell, Executive Vice President, Finance and Chief Financial Officer

Kevin J. Mitchell is executive vice president, Finance, and chief financial officer for Phillips 66, a diversified energy manufacturing and logistics company. Reporting to the chairman and CEO, Mitchell leads the company’s treasury, accounting, auditing, tax and information technology operations. He was appointed to the role effective Jan. 1, 2016, and has served as Vice President, Investor Relations, since joining the company in September 2014. Mitchell has more than 20 years of experience in finance roles within the oil and gas industry.

Prior to joining Phillips 66, Mitchell served as the general auditor of ConocoPhillips from May 2010 until September 2014, and vice president, Exploration and Production – Strategy, Administration and Technical Services from April 2009 until April 2010.

Mitchell joined Conoco in 1991 and held a variety of finance and accounting positions with Conoco and ConocoPhillips, including general manager of Upstream Finance, Strategy and Planning; vice president of Finance and Administration for ConocoPhillips Alaska; and manager of Treasury Services.

Mitchell is a Certified Internal Auditor and a fellow with the Chartered Institute of Management Accountants.

Portrait

Sonya Reed, Senior Vice President, Human Resources, Communications and Public Affairs

Sonya Reed is senior vice president, Human Resources, Communications and Public Affairs for Phillips 66, a diversified energy manufacturing and logistics company. With nearly 20 years of international experience in human resources, Reed reports directly to Greg Garland, chairman and CEO, and is a member of the company’s Executive Leadership Team.

Before joining Phillips 66 in May 2015, Reed served as executive vice president and chief human resources officer for General Cable, where she focused on driving a global people agenda and implemented processes for effective human resource management. She worked closely with General Cable’s board of directors on leadership succession planning as well as compensation strategy and design.

Reed began her career as a commercial underwriter at Zurich Financial Services, where she spent 14 years. She subsequently moved into human resources and ascended through the function, specializing in business partnerships. After a multi-year assignment in Switzerland, she returned to the United States as the vice president of Human Resources for Latin America.

Reed holds a Bachelor of Arts degree in Economics from Arizona State University and completed advanced studies at Cambridge University in England and the Complutense University of Madrid. She is fluent in Spanish.

Portrait

Timothy D. Roberts, Executive Vice President, Marketing and Commercial

Timothy (Tim) Roberts is executive vice president, Marketing and Commercial for Phillips 66, a diversified energy manufacturing and logistics company. He reports directly to Phillips 66 president Tim Taylor. Roberts has more than 30 years of experience in strategy, operations, commercial, and joint ventures in the oil and gas and chemical industries.

Roberts previously served as executive vice president, Strategy and Business Development. Prior to Phillips 66, Roberts was executive vice president, Global Olefins and Polyolefins, for LyondellBasell.

He began his career in sales and in 1987 joined Phillips Petroleum, where he held positions in sales, marketing and corporate planning. Roberts subsequently moved to Qatar Chemical Company, a CPChem and Qatar Petroleum joint venture, as the country manager based out of Qatar.

After several leadership roles with CPChem, he was appointed president and CEO of Americas Styrenics, a Dow Chemical and CPChem joint venture. After serving as the vice president of Corporate Planning and Strategic Transactions for CPChem, Roberts transitioned to LyondellBasell where he held various leadership positions.

Roberts has a Bachelor of Science in marketing from Ball State University.

Board of Directors

Portrait

Greg C. Garland, Chairman and CEO

Greg Garland is chairman and CEO of Phillips 66, a diversified energy manufacturing and logistics company. A chemical engineer, Garland has more than 30 years of industry experience in technical and executive leadership positions within the oil and natural gas and chemicals industries.

Previously, Garland had served as senior vice president, Exploration and Production, Americas, for ConocoPhillips since 2010. Prior to joining ConocoPhillips, Garland was president and chief executive officer of Chevron Phillips Chemical Company, which is now a joint venture between Phillips 66 and Chevron. Before his election to that position, Garland served Chevron Phillips as senior vice president, Planning & Specialty Chemicals. His prior experience includes serving as general manager of Qatar/Middle East for Phillips, a position he assumed in 1997. From 1995 to 1997, he served as general manager of natural gas liquids after serving as manager of planning and development in planning and technology. From 1992 to 1994, he was manager of the K-Resin® business unit.

Garland began his career with Phillips in 1980 as a project engineer for the Plastics Technical Center. He later worked as a sales engineer for Phillips' plastics resins, business service manager for advanced materials, business development director, and olefins manager for chemicals.

He serves on the Board of Directors for DCP Midstream, the Board of Amgen, the Board of the National Petroleum Council, the Board and Executive Committee of the American Petroleum Institute, the Board for The Greater Houston Partnership, as a member of the Engineering Advisory Board for Texas A&M University and as Chairman of Junior Achievement for Southeast Texas.

Garland received a Bachelor of Science degree in chemical engineering from Texas A&M University in 1980.

Portrait

Gary K. Adams, Board of Directors Member

Gary K. Adams is a member of the board of directors for Phillips 66. He serves on the human resources and compensation, and public policy committees.

Adams was the chief advisor of chemicals for IHS Inc. He started his chemical industry career with Union Carbide. After 15 years serving in a number of positions at Union Carbide, Adams joined Chemical Market Associates Inc. (CMAI). He served as president, CEO and chairman of the board of CMAI from 1997 until its acquisition by IHS in 2011.

Adams is a director of Trecora Resources and previously served on the boards of Westlake Chemical Partners LP from July 2014 to October 2016, and Phillips 66 Partners LP from September 2013 to August 2016.

Portrait

J. Brian Ferguson, Board of Directors Member

J. Brian Ferguson is a member of the board of directors for Phillips 66. He is chair of the audit and finance committee and serves on the nominating and governance, public policy, and executive committees.

Ferguson retired as chairman of Eastman Chemical Company (Eastman) in 2010 and as CEO of Eastman in 2009. He became the chairman and CEO of Eastman in 2002. He was Chairman of the American Chemistry Council in 2010, and was a member of the Business Roundtable and the board of the National Association of Manufacturers prior to his retirement from Eastman. He also currently serves on the board of Owens Corning and is a member of the University of Tennessee Board of Trustees.

Ferguson graduated from Arizona State University with a bachelor’s degree in chemical engineering in 1977.

Portrait

William R. Loomis Jr., Board of Directors Member

William R. Loomis Jr. is a member of the board of directors for Phillips 66. He is chair of the nominating and governance committee and serves on the audit and finance, public policy, and executive committees.

Loomis has been an independent financial advisor since 2009. He was a general partner and managing director of Lazard Freres & Co. from 1984 to 2002, the CEO of Lazard LLC from 2000 to 2001 and a limited managing director of Lazard LLC from 2002 to 2004. He currently serves on the board of L Brands, Inc., and is also a senior advisor to Lazard LLC.

He attended Williams College in Williamstown, Mass., and received a bachelor’s degree in political economy and Asian studies in 1974. He also earned an MBA from Harvard.

Portrait

John E. Lowe, Board of Directors Member

John Lowe is a member of the board of directors for Phillips 66. He is chair of the public policy committee and serves on the audit and finance, and executive committees.

Lowe held a series of executive positions with ConocoPhillips, including executive vice president, Exploration & Production, executive vice president, Commercial, and executive vice president, Strategy, Planning and Corporate Affairs.

He currently serves on the board of TransCanada Corporation and as the non-executive Chairman of Apache Corporation. He is a former Board member of Chevron Phillips Chemical Co. LLC, DCP Midstream, LLC and DCP Midstream GP, LLC, the general partner of DCP Midstream Partners, LP.

Lowe earned a Bachelor of Science degree in finance and accounting from Pittsburg State University in Pittsburg, Kan., in 1981. He is an inactive Certified Public Accountant.

Portrait

Harold W. McGraw III, Board of Directors Member

Harold McGraw III is a member of the board of directors for Phillips 66. He serves on the human resources and compensation, and public policy committees.

McGraw retired from his position as chairman, president and chief executive officer of McGraw Hill Financial in 2015.

He is also a director of United Technologies Corporation.

McGraw received a Bachelor of Arts degree from Tufts University in 1972, and an M.B.A. from the Wharton School of the University of Pennsylvania in 1976. McGraw lives in Darien, Conn.

Portrait

Denise L. Ramos, Board of Directors Member

Denise Ramos is a member of the board of directors for Phillips 66. She serves on the audit and finance, nominating and governance, and public policy committees.

Ramos was appointed chief executive officer, president and a director of ITT Inc. (formerly ITT Corporation) in October 2011. She previously served as senior vice president and chief financial officer of ITT. Prior to joining ITT, Ramos served as chief financial officer for Furniture Brands International from 2005 to 2007. From 2000 to 2005, Ramos served as senior vice president and corporate treasurer at Yum! Brands, Inc. and chief financial officer for the U.S. division of KFC Corporation. Ramos began her career in 1979 at Atlantic Richfield Company (ARCO), where she spent more than 20 years serving in a number of finance positions including corporate general auditor and assistant treasurer.

Ramos served on the board of Praxair, Inc. from April 2014 to September 2016. She serves on the board of trustees for the Manufacturers Alliance for Productivity and Innovation, and is also a member of the Business Roundtable and the Business Council.

Portrait

Glenn F. Tilton, Board of Directors Member

Glenn Tilton is a member of the board of directors for Phillips 66. He serves on the human resources and compensation, public policy, and executive committees.

Tilton retired from his position as Chairman of the Midwest for JPMorgan Chase in 2014. Until December 2012, Tilton served as non-executive chairman of the board of directors of United Continental Holdings, Inc., following the merger between United and Continental Airlines. Prior to the merger, Tilton was chairman and CEO of United Airlines Inc. from 2002 to 2010. Previously, he spent more than 30 years in increasingly senior roles with Texaco Inc., including chairman and CEO in 2001. He currently serves on the boards of Abbott Laboratories and AbbVie.

Tilton attended the University of South Carolina, receiving his BA in international studies in 1970 and an honorary doctorate in 2012.

Portrait

Victoria J. Tschinkel, Board of Directors Member

Victoria J. Tschinkel is a member of the board of directors for Phillips 66. She serves on the audit and finance, and public policy committees.

Tschinkel is currently vice chairwoman of 1000 Friends of Florida. She served as director of the Florida Nature Conservancy from 2003 to 2006, was the senior environmental consultant to the law firm Landers & Parsons from 1987 to 2002 and is the former secretary of the Florida Department of Environmental Regulation.

Tschinkel holds a bachelor's degree in zoology from the University of California at Berkeley and lives in Tallahassee, Fla.

Portrait

Marna C. Whittington, Board of Directors Member

Dr. Marna C. Whittington is a member of the board of directors for Phillips 66. She is chair of the human resources and compensation committee and serves on the nominating and governance, public policy, and executive committees.

Whittington was chief executive officer of Allianz Global Investors Capital, a diversified global investment firm, from 2002 until her retirement in January 2012. She was chief operating officer of Allianz Global Investors, the parent company of Allianz Global Investors Capital, from 2001 to 2011. Prior to that, she was managing director and chief operating officer of Morgan Stanley Asset Management. Whittington started in the investment management industry in 1992, joining Philadelphia-based Miller Anderson & Sherrerd.

She also serves on the board of directors of Macy’s, Inc. Whittington earned a Ph.D. and masters in Quantitative Methods from the University of Pittsburgh, and received her bachelors in Mathematics from the University of Delaware.

Committee Composition

Documents and Charters

Phillips 66 has a long-standing commitment to comply with the law wherever we operate and to conduct all business activities with the highest ethical standards. In today's business environment, upholding this commitment is critical for our continued success in the global marketplace. The Phillips 66 governance body ensures the company serves the interests of shareowners and other key stakeholders with the highest standards of responsibility, integrity and compliance with all laws. This section introduces corporate board members and the committees on which they serve, and provides documents that summarize the standards that guide our actions and oversight of the company.