Governance

Corporate Governance & Leadership Team
Conducting our business with integrity requires an organizational structure that encourages ethical behavior and helps detect and prevent criminal conduct. That’s why our Ethics & Compliance Program includes roles for a cross-section of our stakeholders, from our Board of Directors to front-line supervisors and employees.

Board of Directors
Our company is governed by a Board of Directors comprised of eight representatives, under the terms of a limited liability company agreement. There are three voting representatives each from Chevron and Phillips 66; the chief executive officer and the chief financial officer of Chevron Phillips Chemical are non-voting representatives. Representatives from the Board of Directors serve on committees, providing strategic direction and input on policies covering a range of topics, including auditing, compensation, and environmental, health and safety. Certain major decisions and actions require the approval of the Board. All Board actions require the approval of at least one representative each of Chevron and Phillips 66.

Sustainability Governance Review Team
Major initiatives at Chevron Phillips Chemical require formation of Governance Review Teams (GRT) made up of senior leaders, to provide input on strategies, confirm that milestones are met and ensure successful implementation. Five members of the company’s senior leadership sit on the Sustainability GRT – Jim Becker, Peggy Colsman, Kate Holzhauser, Don Lycette and Dave Morgan, along with Asia Region Manager, Miles Oberton, Public Affairs Manager, Bryce Hallowell, and EA Region General Manager, Benny Mermans– to direct reporting practices, stakeholder engagement and other company-wide sustainability issues.
​​Learn more about Integrity & Compliance at Chevron Phillips Chemical