---
schema_version: "secwatch.filing_event.v1"
accession: "0001534701-21-000143"
form_type: "8-K"
ticker: "PSX"
cik: "0001534701"
company_name: "Phillips 66"
filed_at: "2021-07-21T23:59:59+00:00"
generated_at: "2026-06-30T03:44:30.264888+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Phillips 66 Controller Oyolu resigns; Pruitt appointed as successor effective Aug 4, 2021

## Summary
- Chukwuemeka A. Oyolu resigns as VP and Controller; effective Aug 4, 2021.
- J. Scott Pruitt, previously General Auditor, appointed as VP and Controller succeeding Oyolu.
- Pruitt receives one-time RSU award of $750,000; cliff vests in two years.
- Target VIC increases to 50% of base salary; 2022 LTI grants set at 160% of base salary.
- Outstanding performance share grants increased pro-rata to 80% of base salary.

## SEC filing metadata
- accession: 0001534701-21-000143
- form_type: 8-K
- ticker: PSX
- cik: 0001534701
- company_name: Phillips 66
- filed_at: 2021-07-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534701/000153470121000143/0001534701-21-000143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534701/000153470121000143/psx-20210716.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001534701-21-000143
- JSON: https://secwatch.observer/filing/0001534701-21-000143.json
- Plain text: https://secwatch.observer/filing/0001534701-21-000143.txt

## Key facts
- Executive change
  J. Scott Pruitt was appointed as Vice President and Controller at Phillips 66.
  - Action: appointed
  - Role: Vice President and Controller
  source text: J. Scott Pruitt will become the Company’s Vice President and Controller (principal accounting officer), succeeding Mr. Oyolu, effective August 4, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000153470121000143/0001534701-21-000143-index.htm
- Executive change
  Chukwuemeka A. Oyolu resigned as Vice President and Controller at Phillips 66.
  - Action: resigned
  - Role: Vice President and Controller
  source text: On July 16, 2021, Chukwuemeka A. Oyolu gave notice of his decision to resign from his position as Vice President and Controller (principal accounting officer) of Phillips 66
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000153470121000143/0001534701-21-000143-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.