Phillips 66 Common Stock (PSX) has provided an update.
Phillips 66 has announced the appointment of Ann M. Kluppel as Vice President and Controller, stepping into the role on May 13, 2024, following the retirement of her predecessor, J. Scott Pruitt. Kluppel, with the company since its inception in 2012, has steadily risen through the ranks and will now benefit from an enhanced compensation package that aligns with her new responsibilities, including an increased target opportunity in the variable cash incentive program and a higher valuation of her long-term incentive program grant. Her promotion is based solely on her professional qualifications, with no familial ties influencing the decision.
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