{ "docId": "019dd923-622b-71dc-a6dc-4685d052e00b", "docSlug": "75807c941317", "documentTitle": "Phillips 66 (PSX)", "authorId": "14_Icahn", "authorName": null, "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2025-05-12 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 15, "pageCount": 35, "prevPage": 14, "nextPage": 16, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "dense", "nDataPoints": 0, "notes": "The slide is designed to be juxtaposed with future slides showing poor performance metrics to highlight a disconnect between management's narrative and reality.", "elementsJson": [ "headline_text", "quote_block" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622b-71dc-a6dc-4685d052e00b/15", "deckHref": "/decks/019dd923-622b-71dc-a6dc-4685d052e00b", "deckJsonHref": "/decks/019dd923-622b-71dc-a6dc-4685d052e00b.json", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-4685d052e00b#slide-15", "components": [ { "bbox": { "h": 0.18, "w": 0.9, "x": 0.05, "y": 0.58 }, "kind": "quote", "text": "We’ve completed the strategic priorities that we laid out in 2022, enhanced in 2023, and committed to achieving by the end of 2024. I am proud of the work our employees have done to accomplish these important priorities and deliver on our commitments to shareholders while maintaining industry-leading safety performance. – Mark Lashier, CEO, January 2025", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "145333ae-d069-470e-b213-5d7a07c48326", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.9, "x": 0.05, "y": 0.46 }, "kind": "quote", "text": "I’ve had board members tell me that they’re just stunned at the progress that we’ve been able to make in such a short period of time. – Mark Lashier, CEO, April 2025", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "45571aa4-11d9-4349-91c8-83902d5109af", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.9, "x": 0.05, "y": 0.2 }, "kind": "quote", "text": "I am proud of the accomplishments of the Board and management team. – Glenn Tilton, Lead Independent Director, April 2025", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7a373c34-dc5c-41de-9944-cf648df8cc97", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.1, "w": 0.9, "x": 0.05, "y": 0.78 }, "kind": "quote", "text": "You simply don’t achieve results like this without a high functioning, deeply engaged board. – Bob Pease, Independent Director, March 2025", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9592f481-eba5-47c5-9ed9-0bf4033a62f4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.9, "x": 0.05, "y": 0.32 }, "kind": "quote", "text": "But when you look at what we’ve done over the long term, we’ve been on a great and accelerating path to growth and enhancing our ability to return capital to shareholders. – Mark Lashier, CEO, April 2025", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b2b2e2d4-f677-4a9b-814c-9c902e9ce5a4", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "\"I am proud of the accomplishments of the Board and management team.\" — Glenn Tilton, Lead Independent Director, April 2025; \"But when you look at what we've done over the long term, we've been on a great and accelerating path to growth and enhancing our ability to return capital to shareholders.\" — Mark Lashier, CEO, April 2025; \"I've had board members tell me that they're just stunned at the progress that we've been able to make in such a short period of time.\" — Mark Lashier, CEO, April 2025; \"We've completed the strategic priorities that we laid out in 2022, enhanced in 2023, and committed to achieving by the end of 2024. I am proud of the work our employees have done to accomplish these important priorities and deliver on our commitments to shareholders while maintaining industry-leading safety performance.\" — Mark Lashier, CEO, January 2025; \"You simply don't achieve results like this without a high functioning, deeply engaged board.\" — Bob Pease, Independent Director, March 2025", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd953-0f1d-76e6-870d-b99466c4f0c1", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.9, "x": 0.05, "y": 0.05 }, "kind": "title", "text": "HOW PHILLIPS 66 LEADERSHIP DESCRIBES ITS PERFORMANCE", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f628c3b5-d6c0-470d-ba0b-ad0855714422", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [ { "name": "ceo-quote-contradiction", "slug": null, "matchId": "a7374f79-47af-40ec-a227-f724bf0dcc95", "evidence": "The slide presents a series of self-congratulatory quotes from leadership, intended to be contrasted with actual performance data in subsequent slides.", "confidence": 0.95 } ], "arcBeats": [ { "to": 15, "from": 8, "beatId": "0ef39fe5-5b18-4d4d-8468-55e888e5da41", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "The deck presents a clear problem statement and exposes contradictions in Phillips 66's performance and leadership", "position": 0, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }