Phillips 66 has a long-standing commitment to comply with the law wherever we operate and to conduct all business activities with the highest ethical standards. Before his current role, Denton held a series of leadership positions in Midstream for Phillips 66, most recently as Vice President of Midstream Operations. Relevant regulatory developments, such as developments in healthcare regulations globally, are also discussed within this Committee. Cheyenne Westphal joined Phillips as Global Chairwoman in March 2017. The Board of Directors currently comprises 11 members, all of whom are non-executive directors. The separate reports of these committees are part of the Supervisory Board report, as included in the companys Annual Report. Selected products Previously, he spent more than 30 years in increasingly senior roles with Texaco Inc., including chairman and CEO in 2001. A PWC trained Chartered accountant he spent 8 years in the accounting profession, followed by 11 years in banking, most notably at the investment bank Dresdner Kleinwort Wasserstein as Chief Operating Officer in the United States and then as Global Chief Financial Officer of the investment banking group. The management or "executive" board is commonly comprised of the company's senior-level employeesoften appointed by the supervisory board. Erfert is on the Management Committee for WRB Refining LP. He serves on the boards of several industry groups and nonprofits, including American Fuel and Petrochemical Manufacturers, the Greater Houston Partnership, Iowa State Universitys College of Engineering Industrial Advisory Council, Junior Achievement of Southeast Texas and the American Cancer Societys CEOs Against Cancer. Chevron Phillips Chemical is one of the world's top producers of ethylene and polyethylene and a leading supplier of aromatics, styrenics, specialty chemicals, plastic pipe and other polymers. A full and detailed description of the composition of the remuneration of the individual members of the Board of Management is included in the report of the Remuneration Committee, which comprises the Remuneration Report 2021. Hayes is the Chairman and Chief Executive Officer of Raytheon Technologies Corporation (Raytheon), a position he has held since June 2021. (, (Re-)appointment Schedule Supervisory Board, Procedures on Accounting and Auditing Complaints, For more information, visit our Quality policy page. Mr. Dolman joined Phillips as Chief Executive Officer in 2014, with over three decades of experience in the art world. It also (a) draws up selection criteria and appointment procedures for members of the Supervisory Board, the Board of Management and the Executive Committee; (b) assesses the size and composition of the Supervisory Board, the Board of Management and the Executive Committee, makes proposals for a composition profile of the Supervisory Board; (c) assesses the functioning of individual members of the Supervisory Board, the Board of Management and the Executive Committee; (d) consults with the President/CEO and the Board of Management on candidates to fill vacancies on the Supervisory Board, the Board of Management and the Executive Committee. David Cowling. Dietert brings over 30 years of experience in the oil and gas industry. Normal Topic Hot Topic (More than 15 replies) Very Hot Topic (More than 25 replies) Locked Topic Sticky Topic Reed holds a Bachelor of Arts degree in economics from Arizona State University and completed advanced studies at Cambridge University in England and the Complutense University of Madrid. Terreson previously served as the Head of Global Energy at Evercore ISI, from 2016 until 2021. Foundation Leadership. PUBLIC POLICY AND SUSTAINABILITY COMMITTEE. Current Chairman Jeroen van der Veer and Vice-Chairwoman Mrs. Christine Poon to retire from Philips' Supervisory Board after their third consecutive term, effective upon . Members of the Board of Management and the President/CEO are appointed for a maximum term of four years, it being understood that this maximum term expires at the end of the following shareholders meeting to be held in the fourth year after the year of their appointment or, if applicable, on a later pension or contractual termination date in that year, unless the General Meeting of Shareholders resolves otherwise. He is a certified internal auditor and a fellow with the Chartered Institute of Management Accountants. You are about to visit the Philips USA website. Edward Dolman was appointed Executive Chairman in September 2021. By clicking on the link, you will be leaving the official Royal Philips Healthcare ("Philips") website. He serves on the human resources and compensation, and public policy and sustainability committees. President and CEO, FedEx Office . Perkins earned a Bachelor of Science degree in accounting from Louisiana State University and an MBA in information systems from the University of Houston. Among other honors, Perkins received the 2019 Impact Award from the National Black MBA Association and is a Greater Houston Womens Chamber of Commerce Hall of Fame Inductee for 2019. Hayes previously served on the board of Nucor Corporation from 2014 to 2018. In the two-tier corporate structure under Dutch law, the Supervisory Board is a separate body that is independent of the Board of Management. Phillips Distilling Company Names Kevin Fennessey To Board Of Directors. During the merger of Conoco and Phillips in 2002, he was transferred to the San Francisco Refinery as the Technical Manager. Senior Vice President, Enterprise Services, Chief Digital Officer. He has more than 30 years of experience in finance roles within the oil and gas industry. She is chair of the human resources and compensation committee and serves on the nominating and governance, public policy and sustainability, and executive committees. He is a Member of the Board of Governors of IMI, New Delhi, Kolkata & Bhubaneswar. The membership of each committee is described below. She previously served as Senior Vice President, General Counsel and Corporate Secretary of IDEX Corporation from 2015 to 2022. Its corporate governance framework is also based on the Dutch Corporate Governance Code and US laws and regulations applicable to Foreign Private Issuers. Chairman, Asia and Head of 20th Century & Contemporary Art, Asia, President, Americas and Worldwide Co-Head of 20th Century & Contemporary Art, Senior Consultant to Chairmans Office, Asia, Deputy Chairman and Worldwide Co-Head of 20th Century & Contemporary Art, Deputy Chairman, Europe, and Senior International Specialist, 20th Century & Contemporary Art, Deputy Chairwoman and Head of Private Sales, Deputy Chairwoman, Americas and Worldwide Head of Photographs, Deputy Chairman, Americas and Head of Business Development, Head of Business Development and Deputy Chairwoman, Europe, Deputy Chairwoman, Americas and Senior International Specialist, American Art, Deputy Chairman, Americas, Senior International Specialist, 20th Century & Contemporary Art, Deputy Chairman and Worldwide Co-Head of Editions, Deputy Chairwoman and Worldwide Co-Head of Editions, Deputy Chairman, Americas and Senior International Specialist, 20th Century & Contemporary Art, Deputy Chairwoman, Americas and Senior International Specialist, Head of 20th Century & Contemporary Art, Europe, Regional Director, France and Sr. International Specialist, 20th Century & Contemporary Art, Head of Private Sales & Principal Auctioneer, Specialist, Head of Contemporary October Evening Sale, Global Managing Director and Head of NY Evening Sale, Senior Specialist, Head of 20th Century & Contemporary Art Appraisals, Senior Specialist, Head of 21st Century Art, Specialist, Head of Day Sale, Morning Session, Specialist, Head of Day Sale, Afternoon Session, Associate Specialist, Head of Evening Sale, Associate Specialist, 20th Century & Contemporary Art, Head of Department, 20th Century and Contemporary Art, Specialist, 20th Century & Contemporary Art, Germany, Senior International Consultant, Latin American Art, Senior international Specialist, Consultant, 20th Century & Contemporary Art and Regional Director, Italy, Specialist, 20th Century & Contemporary Art Department, International Specialist, 20th Century & Contemporary Art, International Specialist, Modern & Post War, Specialist, 20th Century & Contemporary Art, France, International Specialist, 20th Century & Contemporary Art, Portugal & Spain, Associate Regional Representative, Shanghai, Senior International Specialist, 20th Century and Contemporary Art and Regional Director, Zurich, Senior Director, Head of Department, Europe and Senior International Specialist, Senior International Specialist, Americas, Associate Specialist, Associate Head of Sale, Head of Design, West Coast and Senior International Specialist, Americas, Head of Design, France and Senior International Specialist, Head of Watches, Continental Europe and Middle East, International Head of Digital Strategy & Watches Specialist, Specialist and Business Development Associate, Co-Head of Sale, International Specialist, Head of Sale and International Specialist, Co-International Business Director, Watches & Jewelry, International Business Development Director, International Specialist - Jewellery, South East Asia, Administrator and Client Liaison, Germany, Director of Trusts, Estates and Valuations, Senior Human Resources Director, Americas, Senior Human Resources Director, Europe and Asia. He also is a member of the Business Roundtable. The separate reports of these committees are part of the Supervisory Board report, as included in the companys Annual Report. All rights reserved. Richard G. (Rich) Harbison is Executive Vice President of Refining for Phillips 66, a diversified energy company. Koninklijke Philips N.V., 2004 - 2023. The Board of Directors has responsibility for overall direction, supervision and monitoring of business. During her tenure at Siemens, Davis also served as chair and CEO of Siemens Corporation USA and as a member of the board of directors of Siemens Gamesa Renewable Energy SA. In today's business environment, upholding this commitment is critical for our continued success in the global marketplace. He joined Conoco in 1991 and held positions in finance and accounting, including General Manager of Upstream Finance, Strategy and Planning; Vice President of Finance and Administration for ConocoPhillips Alaska; and Manager of Treasury Services. He also is on the board of directors for the Houston Zoo. Cheyenne joined Phillips from Sothebys, where she oversaw every major contemporary art auction at Sothebys in Europe, which led to auction records which still stand to this day for artists like Gerhard Richter, Sigmar Polke, Piero Manzoni, and Alberto Burri, among many others. Selected products Former Chairman, President and Chief Executive Officer, Lowes Companies, Inc. Former Chairman and Chief Executive Officer, Fluor Corporation, Former Chairman and Chief Executive Officer, Anadarko Petroleum Corporation, Reports: Sustainability & Energy Transition. The Supervisory Board supervises the Board of Management, the Executive Committee and the general course of business of Philips, and advises the executive management thereon. New Supervisory Board members are appointed at the AGM following nomination by the existing Supervisory Board. She also previously served as senior vice president and chief financial officer of ITT. The Audit Committee assists the Supervisory Board in fulfilling its oversight responsibilities for the integrity of Philips financial statements, the financial reporting process, the system of internal business controls and risk management, the internal and external audit process, the internal and external auditors qualifications, its independence and its performance as well as Philips process for monitoring compliance with laws and regulations and the General Business Principles. Jeff Dietert is Vice President of Investor Relations for Phillips 66, a diversified energy company. To receive notifications via email, enter your email address and select at least one subscription below. He later worked as a sales engineer, business service manager, business development director and olefins manager. Public Policy and Sustainability Committee Charter. Board Skills and Experience Diversity. Denise R. Singleton (f/k/a Denise R. Cade) is a member of the board of directors for Phillips 66. Former President and CEO of Siemens AG, President of Global Human Health and Member of the Executive Board of Merck & Co., President and CEO of GE Healthcare Bio-Sciences and member of GEs Corporate Executive Council, CEO and Delegate of the Board of Directors of Renova Management AG. Our vision is to provide energy and improve lives. Philips makes no representations or warranties of any kind with regard to any third-party websites or the information contained therein. He is chair of the nominating and governance committee and serves on the human resources and compensation, public policy and sustainability, and executive committees. The Audit Committee assists the Supervisory Board in fulfilling its oversight responsibilities for the integrity of Philips financial statements, the financial reporting process, the system of internal business controls and risk management, the internal and external audit process, the internal and external auditors qualifications, its independence and its performance as well as Philips process for monitoring compliance with laws and regulations and the General Business Principles. Before joining the art world, Mr. Brooks had a successful career in financial services. Members of the Board of Management, the Executive Committee and the Supervisory Board are only allowed to trade in Philips securities (including the exercise of stock options) during windows of twenty business days following the publication of annual and quarterly results (provided the person involved has no 'inside information' regarding Philips at that time). Denton earned a Bachelor of Science degree in Electrical Engineering from Texas Tech University in 1986. Member of the Supervisory Board since 2019; Member of the Supervisory Board since 2018; Member of the Supervisory Board since 2020; Member of the Supervisory Board since 2022; Chairman of the Quality & Regulatory Committee. The report of the Audit Committee is included in the Supervisory Board Report. You are about to visit the Philips USA website. Selected products Currently member of the Board of Directors of Alnylam Pharmaceuticals Inc., BioMarin Pharmaceutical Inc. and Pliant Therapeutics. The objectives of the Remuneration Policy for the Board of Management are in line with those for Philips Executives throughout the Philips group: to focus them on delivering on our mission, vision and strategy, to motivate and retain them, and to create stakeholder value. He spent the majority of his early career with Diamond Shamrock and Valero in various engineering positions related to pipeline and terminal projects. They shall only hold shares in Philips for the purpose of long-term investment and must refrain from short-term transactions in Philips securities. Dibyendu Raychaudhury is Whole-Time Director on the Board of Signify Innovations India Limited and is holding the position of the Chief Financial Officer, being Key Management Personnel, in the Company. Members P.A.M. Stoffels - Chair of the Remuneration Committee D.E.I. Chairman: Jody Freeman Members: C. Maury Devine William H. McRaven Eric . Whittington started in the investment management industry in 1992, joining Philadelphia-based Miller Anderson & Sherrerd. Board of Directors in Phillips 66. He has also served as a board member of a number of organizations including the International Advisory Board of Qatar Museums, the Governing Board of the Courtauld Institute, the Seoul International Business Advisory Council, and Sailors for the Sea, an environmental charity. Calantzopoulos began the company's smoke-free transformation, accelerating the development and commercialization of better, science-based alternatives for those adults who would . Furthermore, the Quality & Regulatory Committee assesses the culture of quality within the company and measures taken to enhance this culture and awareness. Bushman also serves on the boards of directors of Adient plc and Bio-Techne Corporation. With more than 30 years of business development, sales, marketing and general management experience in the semiconductor and LED lighting industries, Mr. Barlow brings a strong track record of leadership, market vision, business growth, customer and market development. To gain a better understanding of the companys corporate governance, including the responsibilities of the Board of Management, the Executive Committee and the Supervisory Board (and its committees) and the internal regulations and procedures governing their functioning, please refer to Corporate governance chapter of the companys Annual Report and to the documents below. During a career spanning over 35 years at PMImost recently as Chief Executive Officer (CEO)Mr. Zhanna Golodryga is Executive Vice President of Emerging Energy and Sustainability for Phillips 66, a diversified energy company. The Raytheon Technologies' Board of Directors have the skills and expertise essential for effective oversight in light of the company's business requirements and strategy. The board of directors at Philips has a long history of experience and education. Idex Corporation from 2014 to 2018 a sales engineer, business service manager, business development director and manager. 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