Phillips 66 adds Gregory Hayes to its Board as Independent Director alongside CEO Mark Lashier also joining the Board

– USA, TX –  Phillips 66 (NYSE: PSX) today announced the appointments of Mark Lashier and Gregory Hayes to its Board of Directors, effective July 12, 2022, expanding the board to 13 members of whom 11 are independent.

Gregory Hayes is an Independent Director and will join the Nominating and Governance Committee, the Human Resources and Compensation Committee, and the Public Policy and Sustainability Committee.

About Gregory J. Hayes

Gregory Hayes is the Chairman and CEO of Raytheon Technologies Corporation, a position he has held since June 2021. Hayes previously served as President, CEO, and Director of Raytheon from April 2020 to June 2021; Chairman and CEO of United Technologies Corporation from 2016 to April 2020; President, CEO, and Director of UTC from 2014 to 2016; SVP and CFO of UTC from 2008 to 2014; and in various senior positions since joining UTC in 1999 through the acquisition of Sundstrand Corporation, including VP, Accounting and Finance, and responsibility for UTC’s Corporate Strategy function. Hayes previously served on the board of Nucor Corporation from 2014 to 2018.

About Mark E. Lashier

Mark Lashier, who will serve on the Executive Committee of the board, was recently named as CEO of Phillips 66 after serving as President and COO since April 2021. Lashier, who has over 30 years of energy industry experience, served as CEO of ChevronPhillips Chemical Company LLC from August 2017 to April 2021. He joined the global petrochemical joint venture, in which Phillips 66 owns a 50% interest when it was formed in 2000. At CPChem he served as EVP of Olefins and Polyolefins; SVP of Specialties, Aromatics, and Styrenics; VP of Corporate Planning and Development; and Regional Manager of Asia. He began his career with Phillips Petroleum Company as a research engineer.

About Phillips 66

Phillips 66 manufactures, transports, and markets products that drive the global economy. The diversified energy company’s portfolio includes Midstream, Chemicals, Refining, Marketing, and Specialty businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future.

For more information : https://www.phillips66.com/

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