Activist Elliott poised to win two board seats at Phillips 66, source says-February 2024-www.financetom.com

Activist Elliott poised to win two board seats at Phillips 66, source says

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Activist Elliott poised to win two board seats at Phillips 66, source says

May 26, 2025 11:39 AM

NEW YORK, May 21 (Reuters) - Activist hedge fund Elliott

Investment Management has won enough support from Phillips 66

shareholders to secure two board seats on the U.S. oil

refiner's board of directors in one of the country's biggest

corporate fights this year, a source familiar with the

preliminary vote said on Wednesday.

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