Phillips 66 (NYSE: PSX), one of America’s largest diversified energy manufacturing and logistics companies, was spun off from ConocoPhillips in 2012 with Greg C. Garland at the helm as its founding Chairman and CEO. Based in Houston, Texas, Phillips 66 operates across refining, midstream, chemicals, and marketing & specialties segments with annual revenues exceeding $145 billion. Garland led Phillips 66 for over a decade, building it into a Fortune 30 energy powerhouse before transitioning to Executive Chairman in July 2022 and retiring from the board in May 2024. During his tenure, Garland earned over $200 million in total compensation and grew the company’s market capitalization from roughly $25 billion at the IPO to over $55 billion.

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Greg Garland – Quick Facts

Phillips 66 Competitors

Phillips 66 operates in the highly competitive energy refining, chemicals, midstream, and marketing industries. The key competitors of Phillips 66 include:

• Marathon Petroleum (MPC) – largest U.S. independent refiner by capacity
• Valero Energy (VLO) – world’s largest independent petroleum refiner
• ExxonMobil (XOM) – integrated oil and gas supermajor
• Chevron (CVX) – integrated energy company, joint venture partner in CPChem
• HF Sinclair (DINO) – independent refiner and renewable fuels producer
• PBF Energy (PBF) – petroleum refiner and supplier of transportation fuels
• Shell plc (SHEL) – global integrated energy company
• Delek US Holdings (DK) – diversified downstream energy company

Greg Garland Net Worth 2026 – Phillips 66 CEO Salary

As of 2026, Greg Garland’s net worth is estimated at approximately $112–125 million USD, based on SEC filings of his Phillips 66 stock holdings. At his peak, Garland directly held approximately 683,887 shares of Phillips 66 (PSX) stock, valued at over $108 million. He also holds shares in ConocoPhillips (~20,307 shares worth $2+ million) and formerly held units in Phillips 66 Partners LP. Over his 12-year tenure as CEO and Executive Chairman, Garland earned over $200 million in total compensation from Phillips 66.

Greg Garland Compensation History

Phillips 66 Net Worth 2026 – Is Phillips 66 Profitable?

Yes, Phillips 66 remains a profitable Fortune 30 energy company. However, fiscal year 2024 saw a significant decline in profitability compared to the banner year of 2023, as refining margins normalized and expenses rose. Phillips 66 reported $145.5 billion in revenue and $2.12 billion in net income for FY2024.

Phillips 66 Financial Summary (FY2024)

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Phillips 66 CEO Email Address | Greg Garland Contact

Below are the contact details and social media profiles associated with former Phillips 66 CEO Greg Garland. Note that as Garland retired from Phillips 66 in May 2024, his corporate email may no longer be active.

Career & Education – Company, University, & College

Greg Garland’s career spans over four decades in the oil, natural gas, and chemicals industries. He rose from a project engineer at Phillips Petroleum in 1980 to become the founding Chairman and CEO of Phillips 66, one of the largest energy companies in the world. Below is his complete career timeline:

Greg Garland Career Timeline

Greg Garland began his career at Phillips Petroleum Company in 1980 as a project engineer at the Plastics Technical Center in Bartlesville, Oklahoma. He was the first person in his family to attend college. Over the next two decades, he steadily advanced through roles in sales engineering, business development, olefins management, and natural gas liquids. From 1997 to 2000, he served as General Manager of the Middle East region, overseeing operations in Qatar.

After Phillips merged with Conoco in 2002, Garland held the position of SVP of Planning & Specialty Products/Chemicals at ConocoPhillips. In 2008, he was named President and CEO of Chevron Phillips Chemical Company, a 50/50 joint venture between ConocoPhillips and Chevron. He returned to ConocoPhillips in 2010 as SVP of Exploration & Production for the Americas.

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When ConocoPhillips spun off its downstream operations as Phillips 66 in May 2012, Garland was appointed Chairman and CEO of the new company. Under his leadership, Phillips 66 became a diversified energy powerhouse, growing from a $25 billion market cap at IPO to over $55 billion. He transitioned to Executive Chairman in July 2022 when Mark Lashier took over as CEO. Garland retired from the Phillips 66 Board of Directors in May 2024. In October 2025, he was elected to the ExxonMobil Board of Directors.

Education

Greg Garland Wiki – Age, Wife, Family, & More

Former Phillips 66 CEO Greg Garland (age approximately 67–68) was born circa 1957–1958. He was the first person in his family to attend college, earning his B.S. in Chemical Engineering from Texas A&M University in 1980. Garland is married and has four children. He is a proud Texas A&M Aggie and has remained active in university engagement throughout his career. Garland is based in the Houston, Texas area.

Notable Achievements & Recognitions

• Founding CEO of Phillips 66 – Led the successful spinoff from ConocoPhillips in 2012, building a Fortune 30 company
• ExxonMobil Board of Directors – Elected to the board in October 2025, reflecting his stature in the energy industry
• Amgen Board of Directors – Has served on the board of the biotech giant since 2013
• $200+ Million Career Earnings – Among the highest-compensated energy CEOs during his tenure
• Barbara Bush Literacy Foundation – Vice Chair of the Board, promoting literacy and education
• Memorial Hermann Foundation – Board Director, supporting healthcare in the Houston community
• MD Anderson Cancer Center – Member of the President’s Advisory Council

Garland has been recognized for his straightforward leadership philosophy. In an interview, he famously stated: “In today’s world, we just don’t have room for brilliant jerks.” He has been a vocal advocate for workplace culture, diversity, and developing the next generation of energy industry leaders.

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About Phillips 66

Phillips 66 is an American multinational energy company headquartered in Houston, Texas. It was created in May 2012 as a spinoff of the downstream assets of ConocoPhillips and trades on the NYSE under the ticker symbol PSX. The company operates across four main business segments:

Phillips 66 is a Fortune 30 company with annual revenues exceeding $145 billion and approximately 13,200 employees. The company operates under the well-known fuel brands Phillips 66, Conoco, and 76. Its 50/50 chemicals joint venture with Chevron, CPChem, is one of the world’s largest producers of olefins and polyolefins. Mark Lashier has served as President and CEO since July 2022.

Frequently Asked Questions (FAQ)

Who is the current CEO of Phillips 66?

The current CEO of Phillips 66 is Mark Lashier, who assumed the role of President and Chief Executive Officer on July 1, 2022. Greg Garland served as CEO from the company’s founding in May 2012 until July 2022, and continued as Executive Chairman until his retirement in May 2024.

What is Greg Garland’s net worth in 2026?

As of 2026, Greg Garland’s net worth is estimated at $112–125 million USD, based on his SEC-disclosed stock holdings in Phillips 66, ConocoPhillips, and other companies. At his peak, he held approximately 683,887 shares of Phillips 66 stock valued at over $108 million.

What was Greg Garland’s salary as Phillips 66 CEO?

As Chairman & CEO, Greg Garland’s total annual compensation peaked at approximately $25 million. In his final full year as Executive Chairman (FY2023), his total compensation was approximately $12.2 million, including a $1 million base salary, $2.58 million bonus, and $7.89 million in stock awards. Over his 12-year tenure, he earned over $200 million in total compensation.

What is Greg Garland’s email address?

Greg Garland’s corporate email address at Phillips 66 was [email protected]. As he retired from the company in May 2024, this email may no longer be active. Phillips 66 headquarters can be reached at 281-293-6600.

What is Greg Garland doing after Phillips 66?

After retiring from Phillips 66 in May 2024, Greg Garland was elected to the ExxonMobil Board of Directors in October 2025. He continues to serve on the Amgen Board of Directors (since 2013) and is active in philanthropic work including the Barbara Bush Literacy Foundation and Memorial Hermann Foundation.

Is Phillips 66 a profitable company?

Yes, Phillips 66 remains profitable, though FY2024 earnings declined significantly. The company reported net income of $2.12 billion in FY2024, down 70% from the exceptional FY2023. Revenue was $145.5 billion with a profit margin of 1.5%. The company has a market capitalization of approximately $53 billion as of early 2026.

Article last updated:February 2026March 2, 2026