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Elliott had been pushing for four new board seats on the oil refiner’s board.
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Phillips 66 Stock In Spotlight After Boardroom Battle With Elliott Ends In A Tie: Retail’s BearishPhillips 66's stock fell 7.5% on Wednesday following the mixed results. This was the first time that the highly active hedge fund fought in a board election at a U.S. company to push for changes.
The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott ... and focus on its legacy refining unit. The battle pits one of the energy sector’s most storied ...
Following a recent proxy battle and boardroom fight, activist investor Elliott Management is well on its way to oversee an ...
(Reuters) -Phillips 66's independent director, Bob Pease, defended the company's performance and criticized Elliott Investment Management on Friday, as a boardroom battle between the U.S. refiner ...
In this article, we are going to take a look at where Phillips 66 (NYSE ... sentiment was dampened by an ongoing battle within its corporate boardroom. At an annual stockholders’ meeting on ...
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Phillips 66 and Activist Elliott Split Heated Boardroom BattlePhillips 66 and Elliott Investment Management split a heated boardroom battle that culminated Wednesday, with the activist winning two of the four seats it wanted on the oil refiner’s board.
Phillips 66 PSX1.84%increase; green up pointing triangle and Elliott Investment Management split a heated boardroom battle that culminated Wednesday, with the activist winning two of the four ...
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