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Top related persons:
Phillips - 1 Elliott - 1 Mark Lashier - 1 Ken Squire - 1
Top related locs:
Chevron U.S Europe COOs
Top related orgs:
Phillips - 1 Chevron Phillips Chemical - 1 Valero Energy - 1 Marathon Petroleum - 1 Valero - 1 13D - 1

Search resuls for: "Chevron Phillips Chemical"


2 mentions found


☆ Here’s how activist Elliott could build shareholder value amicably at Phillips 66
  + stars: | 2023-12-02 | by ( Kenneth Squire | ) www.cnbc.com   time to read: +6 min
Business: Phillips 66 is an energy manufacturing and logistics company. Percentage Ownership: n/a Average Cost: n/a Activist Commentary: Elliott is a very successful and astute activist investor. On Wednesday, Elliott sent a letter to Phillips 66, announcing that it has taken a $1 billion stake and is seeking up to two board seats. While we do not generalize like that, it is hard to imagine a more amicable and constructive activist campaign than what Elliott is proposing at Phillips 66. When implemented, Phillips 66 saw costs increase relative to peers, burning shareholders' confidence in the management team's ability to achieve its goals.
Persons: Phillips, Elliott, Mark Lashier, Ken Squire Organizations: Phillips, Chevron Phillips Chemical, Valero Energy, Marathon Petroleum, Valero, 13D Locations: Chevron, U.S, Europe, COOs
☆ PG&E Appoints CFO as Utility Aims to Reduce Wildfire Risk
  + stars: | 2023-03-15 | by ( Mark Maurer | ) www.wsj.com   time to read: 1 min
PG&E’s incoming CFO has been a special adviser to the company since January. PG&E Corp. hired the former finance chief at Chevron Phillips Chemical Co. to oversee its finances as the utility focuses on its capital-spending plan in part aimed at reducing wildfire risk. The San Francisco-based company, which provides electricity and natural gas to millions of Northern California residents, on Wednesday said it appointed Carolyn Burke as executive vice president and chief financial officer. Ms. Burke, who has been a special adviser to PG&E since January, will also serve as the company’s executive vice president of finance, effective immediately.
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