As CEO of Phillips 66, Mark E. Lashier has a significant stake in the company, with a vested stock value exceeding $14 million in 2023. His investment in the firm reflects a strong alignment with shareholder interests. In earlier years,...
As CEO of Phillips 66, Mark E. Lashier has a significant stake in the company, with a vested stock value exceeding $14 million in 2023. His investment in the firm reflects a strong alignment with shareholder interests. In earlier years, his stock holdings were substantial, and they continue to fluctuate based on company performance. In 2021, it was reported that a portion of his stock was tied to a performance-based incentive structure. The shift in his wealth primarily occurred as his stake grew during high-return periods for the company, illustrating his personal commitment to Phillips 66’s successes and challenges. Such financial stakes encourage a leadership approach that prioritizes the company's health over the long term.