internal
Mark E. Lashier
Chairman and Chief Executive Officer
Executive
4 yr
5 reports
Phillips 66 ·PSX
Four operating segment EVPs report directly to CEO
Energy · Fortune #26 · Divisional structure · 13K employees · Houston, TX
View as of:
5
CEO span
↓ tighter than peers (avg 10)
1
Avg span
tight
2
Max depth
2 levels
4.2 yr
Avg tenure
stable vs FY2024
80%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$132.4B
Net income
$4.4B
Total assets
$73.7B
Shares out
401M
Sourced from Phillips 66 DEF 14A · filed 2026-04-02 ↗ View on SEC
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Phillips 66 organizational chart
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Four operating segment EVPs report directly to the CEO, highlighting Phillips 66’s clean divisional model. This page maps the executive structure, summarizes leadership tenure and compensation, and compares Phillips 66’s organization with major downstream energy peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Board expansion changed role as Board of Directors
Board size increased from 14 to 16 directors effective March 6, 2026.
Source · See change logScenario views in the chart
- Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to centralize advanced analytics, automation, and AI initiatives across refining and midstream.
- Add COO to consolidate operations Insert a COO layer to consolidate Refining and Midstream under a single operational leader, reducing the CEO’s direct span.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
- Connect Salesforce Map your target accounts like this. Import contacts, visualize decision chains, plan multi-threading.
- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Kevin J. Mitchell
Executive Vice President and Chief Financial Officer
Finance
5 yr
0 reports
internal
Richard Harbison
Executive Vice President, Refining
Refining
2 yr
0 reports
internal
Brian Mandell
Executive Vice President, Marketing & Commercial
Marketing & Commercial
4 yr
0 reports
Vanessa A. Sutherland
Executive Vice President, Government Affairs, General Counsel and Corporate Secretary
Legal & Government Affairs
4 yr
0 reports
internal
Tim Taylor
Executive Vice President, Midstream
Midstream
6 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Mark Lashier $23.1M
- Base salary
- $1.74M
- Stock awards
- $16.19M
- Option awards
- $3.73M
- Non-equity incentive
- $559K
- Pension change
- $894K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How Phillips 66 divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Refining
7K employees
Executive Vice President, Refining (Richard Harbison)
Operates the company’s global refining system, focusing on safety, utilization, and margin optimization.
Midstream
2K employees
Executive Vice President, Midstream (Tim Taylor)
Manages pipelines, terminals, and NGL infrastructure supporting Phillips 66’s integrated value chain.
Marketing & Commercial
2K employees
Executive Vice President, Marketing & Commercial (Brian Mandell)
Oversees fuels marketing, specialties, and commercial optimization activities.
Finance
800 employees
Executive Vice President and CFO (Kevin J. Mitchell)
Responsible for financial strategy, capital allocation, accounting, and investor relations.
The thesis
Why this org is unusual
Phillips 66’s most distinctive structural feature is that its major operating businesses—Refining, Midstream, and Marketing & Commercial—are each led by Executive Vice Presidents who report directly to the CEO.
This creates a clear divisional accountability model with P&L ownership concentrated at the EVP level rather than dispersed through layered regional structures.
The CEO’s span of control is relatively tight for a Fortune 50 energy company, with five direct reports shown here, allowing close oversight of capital allocation, safety, and operating performance. Corporate functions such as Finance and Legal are integrated alongside operating divisions rather than grouped under a COO, reinforcing the CEO’s central role in coordinating strategy across segments.
- No COO role; operating EVPs report directly to CEO
- Clear divisional P&L ownership at EVP level
The comparison
How Phillips 66 stacks up
Compared with integrated peers like Exxon Mobil and Chevron, Phillips 66 operates with a more downstream-focused, divisional structure and fewer corporate layers. Unlike Exxon and Chevron, which embed chemicals and upstream within broader integrated hierarchies, Phillips 66 concentrates leadership attention on …
C-suite size
Reporting depth
Phillips 66
2 levels
4 levels
5 levels
Exxon Mobil
6 levels
6 levels
Avg C-suite tenure
Has COO / Has CAIO
Phillips 66 — no COO — no CAIO
Exxon Mobil — no COO — no CAIO
Current signals
What changed recently
Phillips 66 expanded its board to 16 directors in March 2026, adding two new independent directors.
- reorgBoard expansion Board of Directors
Board size increased from 14 to 16 directors effective March 6, 2026.
Source - new
- new
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-02
- CEO
- Mark E. Lashier
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 4.2 yr
Stable executive team with no major C-suite departures.
Named executive officers (5)
- Mark E. Lashier - Chairman and CEO since 2022
- Kevin J. Mitchell - EVP and CFO
- Brian Mandell - EVP, Marketing & Commercial
- Richard Harbison - EVP, Refining since 2024
- Vanessa A. Sutherland - EVP, General Counsel since 2021
FY2024
10-K filed 2025-02-21
- CEO
- Mark E. Lashier
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 3.8 yr
Continuation of post-CEO-transition leadership structure.
Named executive officers (5)
- Mark E. Lashier - Chairman and CEO since 2022
- Kevin J. Mitchell - EVP and CFO
- Brian Mandell - EVP, Marketing & Commercial
- Richard Harbison - EVP, Refining since 2024
- Vanessa A. Sutherland - EVP, General Counsel since 2021
FY2023
10-K filed 2024-02-23
- CEO
- Mark E. Lashier
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 3.2 yr
Early years following CEO succession from Greg Garland.
Named executive officers (1)
- Mark E. Lashier - President and CEO since 2022
Year-over-year changes
Leadership team remained stable with increasing average tenure.
- CEO span: 5 → 5
- C-suite size: 5 → 5
- Avg tenure: 3.8 → 4.2 yr
Frequently Asked Questions
Who is the CEO of Phillips 66?
Mark E. Lashier has served as Chairman and Chief Executive Officer since 2022.
What type of organizational structure does Phillips 66 use?
Phillips 66 uses a divisional structure organized around major operating segments such as Refining and Midstream.
How many direct reports does Phillips 66's CEO have?
The CEO has five direct reports, including the CFO and four operating EVPs.
How has Phillips 66's leadership changed recently?
In March 2026, the company expanded its board and appointed two new independent directors.
Does Phillips 66 have a COO?
No. Phillips 66 does not have a COO; major operating EVPs report directly to the CEO.
Sources
- 8-K Filing, Mar 2026
- SEC EDGAR: Phillips 66 DEF 14A Proxy Statement
- SEC EDGAR: Phillips 66 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Phillips 66 organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/phillips-66/MLA 9th
"Phillips 66 Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/phillips-66/. Accessed .Chicago 17
Creately. "Phillips 66 Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/phillips-66/.Original SEC source View on SEC ↗
Phillips 66. DEF 14A. Filed 2026-04-02. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1534701/000153470126000010/psx-20260401.htmPermanent URL: https://creately.com/org-chart/fortune-500/phillips-66/ · last updated 2026-04-01