Phillip Chancellor II (Donnelly Rhodes) was a wealthy pillar of Genoa City and head of Chancellor Industries. When Phillip was first introduced, he was married to Katherine Shepard (Jeanne Cooper). In 1976, Phillip & Kay's marriage was on the rocks. One day, Kay picked Phillip up in her Mercedes. It was a stormy night, and Kay had been drinking. Kay, desperate to save her marriage, pleaded with Phillip to try to work things out. The two argued, and Kay began to drive faster, making Phillip nervous about her speeding. In the scene that followed, a police officer was on his CB radio, explaining that a car had just crashed over the cliff. Kay was eventually found alive in the crash, but Phillip ended up dying in the hospital. Phillip's death stunned viewers, but it drove story, paving the way for an even more intense rivalry between Kay and Jill, which many would argue is the primary foundation of storytelling for Y&R overall ever since.