How Lashier was paid
$23.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Mark LashierChairman and Chief Executive Officer | $1,741,667 | $16,185,204 | $3,734,134 | $558,558 | $893,840 | $23,113,403 |
| Kevin MitchellExecutive Vice President and Chief Financial Officer | $1,045,754 | $5,968,170 | $1,401,310 | $404,496 | $243,174 | $9,062,904 |
| Brian MandellExecutive Vice President, Marketing & Commercial | $892,349 | $4,001,673 | $1,076,173 | $212,483 | $206,826 | $6,389,504 |
| Richard HarbisonExecutive Vice President, Refining | $934,167 | $4,270,157 | $1,126,605 | $1,009,994 | $198,009 | $7,538,932 |
| Vanessa A. SutherlandExecutive Vice President, Government Affairs, General Counsel and Corporate Secretary | $873,333 | $4,479,439 | $1,053,240 | $175,761 | $194,030 | $6,775,803 |
What changed and why
- $23.1MCEO Mark Lashier received total compensation of $23,113,403 in 2025, compared to $22,586,946 in 2024.
- $3.1BThe company returned $3.1 billion to shareholders through dividends and share repurchases.
- $5.0BPhillips 66 generated $5.0 billion of net operating cash flow during the year.
- 84%The say-on-pay proposal received approximately 84% support at the 2025 annual meeting.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.