Mark Lashier received $22.6M in total compensation as Chairman and Chief Executive Officer of Phillips 66 in FY2024. The largest component was $16.0M in stock awards. That’s up 16% from FY2023. Source: SEC DEF 14A.
Executive Compensation Summary for Phillips 66
Mark Lashier Salary and Compensation - Phillips 66 CEO Pay 2024
In fiscal year 2024, Mark Lashier, Chairman and Chief Executive Officer of Phillips 66 (PSX), received total compensation of $22.6 million.
Mark Lashier's compensation breakdown includes: base salary of $1.7 million, stock awards valued at $16.0 million, non-equity incentive compensation of $3.4 million, and other compensation of $870K.
Compared to fiscal year 2023, Mark Lashier's total compensation increased 16% from $19.4 million to $22.6 million.
Phillips 66 (PSX) Executive Pay 2024
Phillips 66's top 5 named executive officers received combined total compensation of $52.7 million in fiscal year 2024.
The named executive officers disclosed in Phillips 66's 2024 proxy statement are:Mark Lashier (Chairman and Chief Executive Officer) with total compensation of $22.6 million, Brian Mandell (Executive Vice President, Marketing & Commercial) with total compensation of $8.4 million, Kevin Mitchell (Executive Vice President and Chief Financial Officer) with total compensation of $8.3 million, Richard Harbison (Executive Vice President, Refining) with total compensation of $7.4 million, and Tim Roberts (Former Executive Vice President, Midstream & Chemicals) with total compensation of $5.9 million.