Phillips 66 Names Industry Leader Mark Lashier as President and Chief Operating Officer
March 01 2021 - 11:00AM
Business Wire
Phillips 66 (NYSE: PSX) has named Mark Lashier, President and
CEO of Chevron Phillips Chemical Company LLC, as its President and
Chief Operating Officer effective April 1.
“Mark is the right leader at the right time to join Phillips
66,” said Greg Garland, Chairman and CEO of Phillips 66. “He
assumes his new role at a time when we are operationally and
financially strong yet navigating a dynamic and challenging
external environment.”
Lashier, who has over 30 years of energy industry experience,
has served as CPChem’s CEO since 2017. He joined the global
petrochemical joint venture, in which Phillips 66 owns a 50%
interest, in 2000. At CPChem he has served as Executive Vice
President of Olefins and Polyolefins; Senior Vice President of
Specialties, Aromatics and Styrenics; Vice President of Corporate
Planning and Development; and Regional Manager of Asia. He began
his career with Phillips Petroleum Company as a research
engineer.
Reporting to Garland, Lashier will have responsibility for
operational execution across all of Phillips 66 businesses — which
include Refining, Midstream, and Marketing & Specialties — and
also for the company’s health, safety and environmental efforts.
With Lashier’s addition to the Phillips 66 leadership team, Garland
will further focus on the company’s strategic direction,
disciplined capital allocation and engagement with key stakeholders
on issues facing the energy industry.
“Mark is a trusted leader with a demonstrated track record of
delivering growth, driving excellence in both operations and
sustainable business practices,” said Garland. “He possesses the
right combination of values, skills and experience that makes him a
clear choice to be our President and COO.”
Lashier serves on a number of professional boards, including
American Fuel and Petrochemical Manufacturers, American Chemistry
Council, Iowa State University’s College of Engineering Industrial
Advisory Council and the Alliance to End Plastic Waste. In
addition, he serves on several community boards, including Junior
Achievement of Southeast Texas and the American Cancer Society’s
CEOs Against Cancer.
Lashier, who received a bachelor’s degree in science and a
doctorate in chemical engineering from Iowa State University, holds
13 patents in the U.S. He will be based at Phillips 66 headquarters
in Houston.
About Phillips 66
Phillips 66 is a diversified energy manufacturing and logistics
company. With a portfolio of Midstream, Chemicals, Refining, and
Marketing and Specialties businesses, the company processes,
transports, stores and markets fuels and products globally.
Phillips 66 Partners, the company’s master limited partnership, is
integral to the portfolio. Headquartered in Houston, the company
has 14,300 employees committed to safety and operating excellence.
Phillips 66 had $55 billion of assets as of Dec. 31, 2020. For more
information, visit www.phillips66.com or follow us on Twitter
@Phillips66Co.
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version on businesswire.com: https://www.businesswire.com/news/home/20210301005609/en/
Jeff Dietert (investors) 832-765-2297 jeff.dietert@p66.com
Shannon Holy (investors) 832-765-2297 shannon.m.holy@p66.com
Thaddeus Herrick (media) 855-841-2368
thaddeus.f.herrick@p66.com
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