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Norway's Norges to vote for three Elliott nominees in Phillips 66 fight
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Norway's Norges to vote for three Elliott nominees in Phillips 66 fight
May 26, 2025 10:55 AM

NEW YORK, May 20 (Reuters) - Norway's sovereign wealth

fund said it plans to vote for three of Elliott Investment

Management's four director candidates in a bitter board fight at

Phillips 66.

Norges Bank Investment Management, one of Phillips 66's 10

largest shareholders with a roughly 1% stake in the company,

detailed its intentions in a table on its website, saying it

will back Brian Coffman, Sigmund Cornelius and Michael Heim.

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