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Elliott Set to Win Two Phillips 66 Board Seats in Proxy Fight
Phillips 66 shareholders are set to elect two of Elliott Investment Management’s nominees to its board, in the first ever US proxy vote for the activist investor.Most Read from BloombergCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?
Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual ...
Shares of the oil refiner were recently down about 6%, putting them among the S&P 500’s biggest daily decliners and sending ...
Phillips 66 today updated the preliminary results for the election of directors at its annual meeting of shareholders held on ...
Elliott Management is facing off with Phillips 66 in a proxy vote this week, seeking to elect four of its nominees to the ...
Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...
It and Phillips 66 are locked in a proxy battle for control of the company, and have both put forth a slate of directors for its board. A vote on those directors will take place at Phillips 66's ...
Phillips 66 today sent a letter to shareholders highlighting the key issues on the ballot at its Annual Meeting on May 21.
Paul Singer, Elliott Management's founder, made bold energy bets in Q1 of 2025, investing $2B each in Phillips 66 and Suncor Energy, while trimming exposure to broader market ETFs.
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