Phillips 66 Urges Shareholders to Support Company's Nominees and Proposals Ahead of May 21st Annual Meeting

Reuters

05-19

<a href="https://laohu8.com/S/PSX">Phillips 66</a> Urges Shareholders to Support Company's Nominees and Proposals Ahead of May 21st Annual Meeting

Phillips 66 has issued a letter to its shareholders ahead of the Annual Meeting scheduled for May 21st, urging them to vote using the WHITE proxy card. The company recommends voting "FOR" all four of its nominees to the Board of Directors, emphasizing their deep industry expertise and independent oversight capabilities. Phillips 66 also advises shareholders to support management's proposal to declassify the Board of Directors and to vote "AGAINST" Elliott's proposal for annual director resignations, citing potential legal and reputational risks. The company highlights its commitment to long-term shareholder value and the importance of selecting the right board leadership to guide its future transformation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phillips 66 published the original content used to generate this news brief via Business Wire (Ref. ID: 20250518154386) on May 19, 2025, and is solely responsible for the information contained therein.

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The company recommends voting \"FOR\" all four of its nominees to the Board of Directors, emphasizing their deep industry expertise and independent oversight capabilities. Phillips 66 also advises shareholders to support management's proposal to declassify the Board of Directors and to vote \"AGAINST\" Elliott's proposal for annual director resignations, citing potential legal and reputational risks. The company highlights its commitment to long-term shareholder value and the importance of selecting the right board leadership to guide its future transformation.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phillips 66 published the original content used to generate this news brief via Business Wire (Ref. ID: 20250518154386) on May 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BSNM7G36.USD","symbol_name":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nNDL8BhzkC:1","article_id":"2536685814","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536685814","pubTimestamp":1747652483,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Phillips 66 has issued a letter to its shareholders ahead of the Annual Meeting scheduled for May 21st, urging them to vote using the WHITE proxy card. 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The company recommends voting \"FOR\" all four of its nominees to the Board of Directors, emphasizing their deep industry expertise and independent oversight capabilities. Phillips 66 also advises shareholders to support management's proposal to declassify the Board of Directors and to vote \"AGAINST\" Elliott's proposal for annual director resignations, citing potential legal and reputational risks. The company highlights its commitment to long-term shareholder value and the importance of selecting the right board leadership to guide its future transformation.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phillips 66 published the original content used to generate this news brief via Business Wire (Ref. 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