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Activist hedge fund Elliott wins two seats on Phillips 66 board
Phillips 66 shareholders voted in favour of two Elliott-backed directors. Former ConocoPhillips executive Sigmund Cornelius and ex-Targa Resources executive Michael Heim were elected to the board, Elliott and Phillips 66 said in separate statements on Wednesday.
Activist investor Elliott Management has won two of the board seats it was seeking at energy giant Phillip 66, according to ...
Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down ...
Institutional Shareholder Services on Monday recommended that investors back all four board nominees put forward by activist ...
Phillips 66 today updated the preliminary results for the election of directors at its annual meeting of shareholders held on ...
Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...
Elliott Management is facing off with Phillips 66 in a proxy vote this week, seeking to elect four of its nominees to the ...
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