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Phillips 66 Adds Independent Directors, Strengthens Board Governance
Phillips 66 (PSX) announced the expansion of its board of directors from 14 to 16 members, appointing Kevin O. Meyers and Howard I. Ungerleider as independent directors on March 6, 2026. This move enhances the board’s expertise in energy, chemicals, and finance, reinforcing governance, risk oversight, and strategic positioning. The additions are expected to influence the company’s capital allocation, sustainability strategy, and regulatory engagement.