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Elliott Investment Management, a top-five shareholder in Phillips 66 (NYSE: PSX), has announced support from veteran energy executive Gregory Goff for its 'Streamline 66' campaign to enhance shareholder value. Goff, with over 40 years of industry experience, including nearly three decades at ConocoPhillips and a successful tenure as CEO of Andeavor, brings significant expertise to the initiative.
During his leadership at Andeavor, Goff achieved a remarkable 1,200% increase in shareholder returns. His experience includes service on the Exxon Mobil Board of Directors and recent collaboration with Elliott on private energy-industry opportunities, including the evaluation of CITGO refining assets.
Elliott believes that with strategic, operational, and governance improvements, Phillips 66 can strengthen its position as an industry leader. The firm has filed a definitive proxy statement and GOLD universal proxy card with the SEC for the upcoming 2025 annual meeting of stockholders.
