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Phillips 66 logoPhillips 66 PSX

The company said Timothy D. Roberts, Executive Vice President of Midstream and Chemicals, provided notice on April 26, 2024 that he will retire, with the retirement effective on June 1, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Timothy D. Roberts, Executive Vice President of Midstream and Chemicals, provided notice on April 26, 2024 that he will retire, with the retirement effective on June 1, 2024.

  2. On May 1, 2024, Phillips 66 said it announced that Don A. Baldridge, current interim CEO of DCP Midstream, LP, will succeed Tim Roberts as Executive Vice President, Midstream and Chemicals, effective June 1, 2024.

  3. Phillips 66 said Baldridge joined the company as part of the DCP Midstream integration and previously served as DCP Midstream's President of Operations, overseeing the Permian and South business units and related logistics, marketing and commercial operations.

  4. The company also said in the filing that Baldridge has held various roles in origination, business development, optimization, contract administration, gas control, and marketing and trading.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Timothy D. Roberts Retirement Notice

The company said Timothy D. Roberts, Executive Vice President of Midstream and Chemicals, provided notice on April 26, 2024 that he will retire, with the retirement effective on June 1, 2024.

Source · Based on the filing body and exhibits

Don A. Baldridge Named Successor

On May 1, 2024, Phillips 66 said it announced that Don A. Baldridge, current interim CEO of DCP Midstream, LP, will succeed Tim Roberts as Executive Vice President, Midstream and Chemicals, effective June 1, 2024.

Source · Based on the filing body and exhibits

Baldridge's DCP Midstream Experience

Phillips 66 said Baldridge joined the company as part of the DCP Midstream integration and previously served as DCP Midstream's President of Operations, overseeing the Permian and South business units and related logistics, marketing and commercial operations.

Source · Based on the filing body and exhibits

Baldridge's Other Operating Experience

The company also said in the filing that Baldridge has held various roles in origination, business development, optimization, contract administration, gas control, and marketing and trading.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.