Phillips 66 CEO Talks ‘Good Ethics For Good Business’

Published on October 3, 2014

First Distinguished Leaders Series Event of Fall Semester Features Greg Garland

Phillips 66 CEO Greg Garland spoke about business ethics to a public audience at Bauer College on Sept. 23, as part of the Distinguished Leaders Series Presented by AGL Resources and their Houston-based companies. See more photos from Garland's visit to the Bauer College.

Phillips 66 CEO Greg Garland speaks at the C. T. Bauer College of Business at the University of Houston on Sept. 23 as part of the Distinguished Leaders Series presented by AGL Resources and their Houston-based companies. See more photos from Garland’s visit to the Bauer College.

Good ethics make for good business, Phillips 66 CEO Greg Garland told C. T. Bauer College of Business students and alumni during the first Distinguished Leaders Series of the semester.

Garland spoke about the importance of ethics and a culture of safety at the Sept. 23 DLS titled “Operating Excellence: Where Opportunity Meets Responsibility.”

The energy industry is booming and is preparing to grow even more within the next decade, Garland said, prompting Phillips 66 to look at new technology and bring in the next generation of energy industry professionals.

“Today we stand at the crossroads of what we call a generational opportunity,” he said. “The intersection of technology and geology and innovation has created a North American energy revolution literally underneath our feet.”

Garland gestured to students to consider a career in the energy industry, citing it as an industry of opportunity that is promoting responsibly developed energy, socioeconomic progress and creating job opportunities around the world.

Phillips 66 looks to schools like Bauer College for that next generation, he said. Garland, who has worked for more than 30 years in the leadership positions within the oil and natural gas industries, added that energy companies can only move forward with a diverse workforce that can offer new perspectives.

“We like the quality of students we get from UH. You’re working as hard as we are to build a diverse and agile workforce and graduate those kinds of leaders and that’s what we’re looking for at Phillips 66,” Garland said. “The Bauer College of Business is the most diverse business school in the country today.”

There’s a strong correlation between good ethics and good business, Garland said, and employees, leaders and executives should strive for that “sweet spot” where the two intersect.

“I’ve learned over 34 years of being in this industry that good ethics makes for good business,” Garland said. “If we have an asset that’s running safely and reliably, we’re managing our environmental footprint and we’re active in the community, I can tell you that asset will probably be one of the most profitable assets we have.”

Presented by AGL Resources and their Houston-based companies, the DLS serves as an opportunity for exploring topical issues in business, with an emphasis on the energy industry.

By Ann Lynd

Greg Garland on Operating Excellence

On Sept. 23, Phillips 66 Chairman and CEO Greg Garland opened the C. T. Bauer College of Business at the University of Houston’s fall installment of the Distinguished Leaders Series with a presentation on the importance of ethical business operations.