Kevin Mitchell, the Executive Vice President and Chief Financial Officer of Phillips 66, brings over 25 years of financial expertise to the forefront of the diversified energy manufacturing and logistics company. His extensive experience has positioned him as a leader, overseeing critical functions such as treasury, financial planning and analysis, accounting, auditing, tax, commercial risk, and corporate strategy.
Mitchell's journey in the oil and gas industry spans over three decades, with roles ranging from General Auditor at ConocoPhillips to Vice President of Exploration and Production — Strategy, Administration, and Technical Services. Since joining Phillips 66 in September 2014, Mitchell has played a key role in shaping the company's financial landscape.
In addition to his responsibilities at Phillips 66, Mitchell serves as the Chairman of the Board of Directors of DCP Midstream, LP, showcasing his influence and leadership in the energy sector.
Addressing challenges head-on, the CFO emphasizes the importance of protecting employees, the company, and the communities where the company operates. Implementing measures such as temperature screenings, providing protective equipment, and strategic financial decisions, Mitchell underscores the company's commitment to navigating the uncertainties brought about by the COVID-19 crisis.
Furthermore, he sheds light on the company's technological strides with the AdvantEdge66 program. This initiative focuses on leveraging innovative technologies, including cloud computing, artificial intelligence, and machine learning, to reshape the company's operational foundation.
When questioned about the role of technology in the company's position in the energy transition, Mitchell affirms the company's commitment to sustainability. His company aims to be a key player in providing affordable, reliable, and clean energy while addressing climate change. The company's focus on reducing emissions, improving energy efficiency, investing in renewable fuels, and exploring advancements in solar energy and battery technology underscores its dedication to a sustainable future.
Beyond corporate initiatives, Mitchell also highlights Phillips 66's philanthropic efforts. The company has donated a total of $3 million for COVID-19 relief, supporting first responders, food banks, healthcare providers, and other frontline organizations. Over the years, the company has also contributed $190 million to various causes, demonstrating a steadfast commitment to community support.
As Mitchell continues to guide Phillips 66 through the dynamic energy landscape, his strategic financial acumen and commitment to innovation position the company for a promising future. The energy sector, under his stewardship, remains a beacon for diverse, challenging, and well-compensated careers, reflecting his enduring impact on the industry.