ANY of our key men can say yes to top decisions," insists Kenneth Stanley Adams, 64, chairman of Oklahoma-based Phillips Petroleum. "Only I can say no." Fortunately for Phillips, Kansas-born "Boots" Adams rarely says' no to growth. He set the stage for Phillips' expansion—and for his succession to Founder Frank Phillips—by buying up huge Oklahoma City oil leases, then pushing through a 1936 referendum to allow drilling inside city limits. He led the drive that got Phillips, then just a supplier, into marketing (with 23,440 gas stations) and pushed the extensive...
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