Phillips 66 Board Appoints New Director

HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 (NYSE: PSX) has appointed Julie L. Bushman to serve as an independent director, effective July 8, 2020. Bushman will serve on the Audit and Finance Committee and the Public Policy Committee of the board. Following the appointment, the board of Phillips 66 will comprise 11 directors, 10 of whom are independent.

Bushman, 59, is the former executive vice president of International Operations at 3M. She previously served in various executive positions at 3M, including as senior vice president of Business Transformation and Information Technology; executive vice president of Safety, Security and Protection Services; executive vice president of Safety and Graphics; division vice president of the Occupational Health and Environmental Safety Division; and chief information officer. Bushman joined 3M in 1983.

Bushman was a member of the original leadership team that implemented Six Sigma at 3M. She also has served on the 3M Foundation Board and has led the 3M United Way Giving Campaign. She served as a director of Johnson Controls from 2012 through 2016 and currently serves as a director of Adient plc, an automotive seating company.

About Phillips 66

Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company’s master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,600 employees committed to safety and operating excellence. Phillips 66 had $53 billion of assets as of March 31, 2020. For more information, visit http://www.phillips66.com/ or follow us on Twitter @Phillips66Co.