Phillips 66 board elects new director

Source: Phillips 66

The board of directors of Phillips 66 (NYSE: PSX) has elected Dr. Marna C. Whittington as a new outside director. The election of Dr. Whittington on May 9, 2012 increases the total number of Phillips 66 directors to eight. Whittington will serve on two committees of the Phillips 66 board, the Audit and Finance and Public Policy Committees.

Whittington, 64, was chief executive officer of Allianz Global Investors Capital, a diversified global investment firm, from 2002 until her retirement in January 2012. She was chief operating officer of Allianz Global Investors, the parent company of Allianz Global Investors Capital, from 2001 to 2011. Prior to that, she was managing director and chief operating officer of Morgan Stanley Asset Management. Whittington started in the investment management industry in 1992, joining Philadelphia-based Miller Anderson & Sherrerd.

She also serves on the board of directors of Macy’s, Inc. Whittington earned a Ph.D. and masters in Quantitative Methods from the University of Pittsburgh, and received her bachelors in Mathematics from the University of Delaware.

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