Sunday, September 1, 2019

Houston, Texas-Based Phillips 66's Top-Tier Executives Average Pay Raise Was a Clean, Reasonable 5.4% Per Year During the Past Five Full Years of Comparative Employment (2014-2018) Since Its May 2012 Spin-Off

From annual compensation information contained in Company Proxy Statement filings with the US SEC, the chart below shows Phillips 66's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the past five years.  Phillips 66 was spun off as a separate public company in May 2012.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Phillips 66 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Garland CEO     19,278     23,651     23,651     25,055     25,055     22,931     22,931     24,508     24,508     19,842
Mitchell CFO       6,807       3,997       3,997       3,871    
Herman EVP Refining       5,144       5,513       5,513       4,456    
Johnson General Counsel       5,322       5,472       5,472       5,042       5,042       4,599       4,599       4,149       4,149       3,462
Taylor President       8,462       8,148       8,148       7,965       7,965       6,269       6,269       4,990
Maxwell CFO       5,377       4,589       4,589       4,164
Ziemba EVP Refining       4,673       4,783       4,783       4,228
 Totals      36,551     38,633     47,095     46,572     38,245     35,495     45,545     44,298     44,298     36,686
Annual % Change vs Prior Year -5.4% 1.1% 7.7% 2.8% 20.7%
5 Year Average Per Year % Change 5.4%