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Elliott Launches "Streamline 66" Podcast Featuring 1:1 Conversations with Its Best-in-Class Director Nominees

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Elliott Investment Management, a top five shareholder in Phillips 66 (NYSE: PSX), has launched the 'Streamline 66' podcast featuring conversations with its director nominees and industry experts. The podcast, available on Apple, Spotify, and YouTube, debuts with an episode featuring Brian Coffman, former CEO of Motiva and industry veteran.

The initiative comes as Elliott seeks to elect four nominees to Phillips 66's Board of Directors at the upcoming Annual Meeting. Coffman, who previously managed Phillips' current refining assets during his tenure at ConocoPhillips, expressed optimism about the company's potential, stating that Phillips 66's refineries are comparable to competitors like Valero and Marathon.

Elliott Investment Management, uno dei primi cinque azionisti di Phillips 66 (NYSE: PSX), ha lanciato il podcast 'Streamline 66' che presenta conversazioni con i suoi candidati alla direzione e esperti del settore. Il podcast, disponibile su Apple, Spotify e YouTube, esordisce con un episodio che vede protagonista Brian Coffman, ex CEO di Motiva e veterano del settore.

Questa iniziativa arriva mentre Elliott cerca di eleggere quattro candidati al Consiglio di Amministrazione di Phillips 66 in occasione della prossima Assemblea Annuale. Coffman, che in precedenza ha gestito gli attuali impianti di raffinazione di Phillips durante il suo mandato in ConocoPhillips, ha espresso ottimismo riguardo al potenziale dell'azienda, affermando che le raffinerie di Phillips 66 sono comparabili a concorrenti come Valero e Marathon.

Elliott Investment Management, uno de los cinco principales accionistas de Phillips 66 (NYSE: PSX), ha lanzado el podcast 'Streamline 66', que presenta conversaciones con sus nominados a la dirección y expertos de la industria. El podcast, disponible en Apple, Spotify y YouTube, debuta con un episodio protagonizado por Brian Coffman, ex CEO de Motiva y veterano del sector.

Esta iniciativa surge mientras Elliott busca elegir a cuatro nominados para la Junta Directiva de Phillips 66 en la próxima Asamblea Anual. Coffman, quien anteriormente gestionó los activos de refinación actuales de Phillips durante su mandato en ConocoPhillips, expresó su optimismo sobre el potencial de la empresa, afirmando que las refinerías de Phillips 66 son comparables a competidores como Valero y Marathon.

엘리엇 투자 관리필립스 66 (NYSE: PSX)의 주요 5대 주주 중 하나로, 이사 후보 및 업계 전문가와의 대화를 담은 '스트림라인 66' 팟캐스트를 시작했습니다. 이 팟캐스트는 Apple, Spotify 및 YouTube에서 제공되며, 브라이언 코프먼 전 모티바 CEO이 출연하는 에피소드로 첫선을 보입니다.

이번 이니셔티브는 엘리엇이 다가오는 연례 회의에서 필립스 66의 이사 후보 4명을 선출하려는 노력의 일환으로 진행됩니다. 코프먼은 이전에 코노코필립스에서 재직하며 필립스의 현재 정유 자산을 관리했으며, 필립스 66의 정유소가 발레로와 마라톤과 같은 경쟁업체에 비해 경쟁력이 있다고 언급하며 회사의 잠재력에 대한 낙관적인 견해를 밝혔습니다.

Elliott Investment Management, l'un des cinq principaux actionnaires de Phillips 66 (NYSE: PSX), a lancé le podcast 'Streamline 66' qui présente des conversations avec ses candidats directeurs et des experts de l'industrie. Le podcast, disponible sur Apple, Spotify et YouTube, débute avec un épisode mettant en vedette Brian Coffman, ancien PDG de Motiva et vétéran de l'industrie.

Cette initiative intervient alors qu'Elliott cherche à élire quatre candidats au conseil d'administration de Phillips 66 lors de la prochaine assemblée générale. Coffman, qui a précédemment géré les actifs de raffinage actuels de Phillips pendant son mandat chez ConocoPhillips, a exprimé son optimisme quant au potentiel de l'entreprise, affirmant que les raffineries de Phillips 66 sont comparables à des concurrents tels que Valero et Marathon.

Elliott Investment Management, einer der fünf größten Aktionäre von Phillips 66 (NYSE: PSX), hat den Podcast 'Streamline 66' ins Leben gerufen, der Gespräche mit seinen Direktor-Kandidaten und Branchenexperten präsentiert. Der Podcast, der auf Apple, Spotify und YouTube verfügbar ist, debütiert mit einer Episode, in der Brian Coffman, ehemaliger CEO von Motiva und Branchenveteran, zu Gast ist.

Die Initiative kommt, während Elliott vier Kandidaten in den Vorstand von Phillips 66 bei der bevorstehenden Hauptversammlung wählen möchte. Coffman, der zuvor die aktuellen Raffinerieanlagen von Phillips während seiner Zeit bei ConocoPhillips geleitet hat, äußerte Optimismus über das Potenzial des Unternehmens und erklärte, dass die Raffinerien von Phillips 66 mit Wettbewerbern wie Valero und Marathon vergleichbar seien.

Positive
  • Elliott holds a significant position as a top five shareholder in Phillips 66
  • Brian Coffman brings extensive industry expertise with over 30 years of experience in refining operations
Negative
  • None.

First Episode with Brian Coffman, Former CEO of Motiva, Features Refining Discussion Based on Over 40-Years of Industry Expertise

Program Accessible on Apple, Spotify, YouTube and More

Visit Streamline66.com to Learn About Elliott's Campaign at Phillips 66 and Subscribe to the New Podcast

WEST PALM BEACH, Fla., April 8, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top five shareholder in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today announced the launch of the Streamline 66 Podcast, a new series that will feature 1:1 conversations with Elliott's highly qualified director nominees ("Nominees" or "Nominee"), as well as industry experts. Episodes can be accessed on Streamline66.com, and are available on Apple, Spotify and everywhere podcasts are heard. You can not only listen to the conversations on all major podcast feeds, but you can also watch the episodes on YouTube.

Last week, Elliott filed definitive proxy materials in connection with Phillips' Annual Meeting of Stockholders (the "Annual Meeting"), seeking the election of four best-in-class nominees to serve on the Company's Board of Directors (the "Board"). Today's launch of an innovative new podcast series will offer shareholders an opportunity to learn more about these uniquely qualified nominees and Elliott's case for change at Phillips.

The first episode features Nominee Brian Coffman, a seasoned operator who spent much of his career running Phillips' current refining assets while they were part of ConocoPhillips. After three decades at ConocoPhillips, he became the executive in charge of refining for Andeavor, leading the operations of ten refineries throughout the United States, as well as the President and CEO of Motiva, one of North America's largest refiners. Brian Coffman said:

  • "I've heard it said that there's a belief that maybe the assets are old and tired. And I don't buy that argument. Phillips 66 refineries are every bit as good as [those of its peers], Valero, Marathon refineries.

  • "We see a lot of potential in Phillips 66. … So the message would be [to employees], be optimistic, be positive. I think what we're looking at is restoring the operating excellence that Phillips 66 has been known for historically."

  • "The opportunity to join the [Phillips 66] Board after starting as an associate analyst in 1983 really excites me because I would like to be a part of unlocking the tremendous value that exists at Phillips 66 and restoring the performance of that refining company to what it has been historically."

Listeners can access the Streamline 66 Podcast on Streamline66.com/podcast, with episodes available now on Apple, Spotify, YouTube, and where podcasts are heard.

For more information, including how to vote on Elliott's GOLD proxy card, please visit Streamline66.com.

ADDITIONAL INFORMATION

Elliott Investment Management L.P., together with the other participants in Elliott's proxy solicitation (collectively, "Elliott"), has filed a definitive proxy statement and accompanying GOLD universal proxy card with the Securities and Exchange Commission ("SEC") to be used to solicit proxies with respect to the election of Elliott's slate of highly qualified director candidates and the other proposals to be presented at the 2025 annual meeting of stockholders (the "Annual Meeting") of Phillips 66, a Delaware corporation ("Phillips" or the "Company"). Stockholders are advised to read the proxy statement and any other documents related to the solicitation of stockholders of the Company in connection with the Annual Meeting because they contain important information, including information relating to the participants in Elliott's proxy solicitation. These materials and other materials filed by Elliott with the SEC in connection with the solicitation of proxies are available at no charge on the SEC's website at http://www.sec.gov. The definitive proxy statement and other relevant documents filed by Elliott with the SEC are also available, without charge, by directing a request to Elliott's proxy solicitor, Okapi Partners LLC, at its toll-free number (877) 629-6357 or via email at info@okapipartners.com.

About Elliott

Elliott Investment Management L.P. (together with its affiliates, "Elliott") manages approximately $72.7 billion of assets as of December 31, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. 

Media Contact:
Casey Friedman                                           
Elliott Investment Management L.P.
(212) 478-1780                       
cFriedman@elliottmgmt.com

Investor Contact:
Bruce Goldfarb / Pat McHugh
Okapi Partners LLC
(877) 629-6357
(212) 297-0720
info@okapipartners.com

 

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SOURCE Elliott Investment Management L.P.

FAQ

What is the purpose of Elliott's Streamline 66 podcast for Phillips 66 (PSX)?

The podcast aims to showcase Elliott's director nominees and industry experts, providing shareholders insights into their qualifications and Elliott's vision for change at Phillips 66.

Who is featured in the first episode of the Streamline 66 podcast for PSX?

Brian Coffman, former CEO of Motiva and industry veteran with over 30 years at ConocoPhillips, discusses refining operations and Phillips 66's potential.

Where can investors access Elliott's Streamline 66 podcast about PSX?

The podcast is available on Streamline66.com, Apple Podcasts, Spotify, YouTube, and all major podcast platforms.

How many director nominees is Elliott proposing for Phillips 66's (PSX) board?

Elliott is seeking to elect four director nominees to Phillips 66's Board of Directors at the upcoming Annual Meeting.
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