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Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.
Phillips 66 and Elliott Investment Management are poised to split a heated boardroom battle that culminated Wednesday, with the activist expected to win two of the four seats it wanted on the oil ...
Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended that investors elect ...
It and Phillips 66 are locked in a proxy battle for control of the company, and have both put forth a slate of directors for its board. A vote on those directors will take place at Phillips 66's ...
One problem for Phillips 66’s pitch is that its integrated system hasn’t been a benefit in recent economic downturns, where it underperformed Marathon and Valero, according to a Bank of America Corp.
On Monday, the activist firm received the backing of the prominent proxy adviser Institutional ... four of Elliott’s director nominees at Phillips 66’s annual meeting set for May 21.
The battle pits one of the energy sector ... Elliott took aim at his as well when the proxy fight escalated earlier this year. Phillips 66 is making some divestments though, even if they were ...
Investors often take recommendations from proxy advisory firms into consideration when casting votes on hot-button issues like who sits on boards. The Elliott and Phillips 66 battle is one of the ...
Elliott wins ISS support in Phillips 66 proxy battle View all comments (0) 0 Latest comments Post Comment Guidelines Trade With A Regulated Broker Indices Commodities Bonds Stocks US 30 42,237.00 ...