Mr. Templin is executive vice president and chief financial officer of Marathon Petroleum Corporation. Mr. Alkhayyal serves on the boards of directors of National Gas and Industrialization Company, Halliburton Company, Saudi Electricity Company and the International Youth Foundation. In 1992, he transferred to the Philadelphia refinery before joining the corporate business planning group in 1993. She also worked at Deutsche Bank where she started as a director and was eventually promoted to managing director of MLP, Midstream, and Natural Gas Equity Research. Prior to joining United States Steel, Mr. Surma served in several executive positions with Marathon. He continued as chief executive officer until his retirement in 2015. "Having spent nearly a decade as CFO in the energy … The table below sets forth the current committee memberships of each director. Marathon Petroleum Corp. (NYSE: MPC) today announced that Michael J. Hennigan has been appointed president and chief executive officer, effective immediately, and … In 2012, Ms. Gagle led the legal team in an initial public offering of common units representing limited partner interests in MPC’s master limited partnership, MPLX LP. He is also vice president, Finance and treasurer of MPLX GP LLC. This … Edward G. Galante – Retired Senior Vice … Executive Vice President and Chief Operating Officer, Speedway LLC, Executive Vice President and Chief Financial Officer, Senior Vice President, Western Refining Operations, Senior Vice President, Eastern Refining Operations, Senior Vice President, Crude Oil Supply and Logistics, Senior Vice President and Chief Digital Officer, Vice President, Chief Securities, Governance and Compliance Officer and Corporate Secretary, Vice President, Commercial and Business Development, Vice President, Environment, Safety and Security, 2020 Perspectives on Climate-Related Scenarios Report. Mr. Griffith is president of Speedway LLC. Marathon Petroleum Corp.(IW500/11) buckled under pressure from shareholders and announced the spinoff of its retail fuel-station business and the departure of its Chairman and Chief Executive Officer, just five weeks after activist investor Elliott Management Corp. went public with demands for a radical overhaul of the company. RANK 48. Large Marathon Petroleum Shareholders Seek CEO Ouster Call for CEO Gary Heminger to be replaced follows campaign by activist Elliott Management to seek three-way split of refining company Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. He also held a variety of leadership positions including, Co-Founder of the general partner of Arc Logistics Partners LP, CEO (from 2004 to September 2016) and President (from 2003 to September 2016) of Resource America, Inc., and founder and CEO of Resource Capital Corp., now known as Exantas Capital Corp. The committee's primary purpose is to discharge the board of directors' responsibilities related to the development and implementation of a set of Corporate Governance Principles, the identification of individuals qualified to become members of the board of directors, and the review of the qualifications and make-up of the board membership. Marathon Petroleum’s Speedway subsidiary is No. Mannen will succeed retiring CFO Donald C. Templin. Timothy T. GriffithPresident, Speedway LLC. A nationwide search for the company's next CFO is ongoing. Mr. Powell was named senior vice president and chief information officer of services for parent company GE in 2017. He was named senior vice president of refining in 2016 and assumed his current position in 2018. Mr. Hernandez earned a Bachelor of Science degree in mechanical engineering from the Georgia Institute of Technology. Prior to joining Unilever, Ms. Laird practiced law at the New York law firm of Mudge, Rose, Guthrie, Alexander & Ferdon; and in the Cleveland office of Porter, Wright, Morris & Arthur LLC. He assumed his current position on March 18, 2020. Findlay, Ohio-based Marathon plans spin off its Speedway retail fuel-station segment as well as review its pipeline business, while Heminger has agreed to retire. Marathon Petroleum Corp. has announced that Michael J. Hennigan has been appointed President and CEO, effective immediately, and will join the company’s Board of Directors following the company’s 2020 annual meeting of shareholders on 29 April 2020. The second-largest oil refinery in the U.S. will break into three separate businesses: retail, refining, and pipelines. He retired as chief executive officer in 2015, and as chairman of the board in 2016. He is a member of the National Association of Convenience Stores (NACS) board while also serving on the NACS Research Council. Our leadership team is committed to making sure those values permeate throughout our organization and everything we do. The company said in October that current Chairman and CEO Gary Heminger will retire in April after 45 years with the company. Prior to joining MPC, Mr. Powell was the vice president and chief information officer of GE Healthcare. He attended the Oxford Institute for Energy Studies in 2012. Mr. Kaczynski is vice president, Finance and treasurer of Marathon Petroleum Corporation. He was later named senior vice president of engineering services and corporate support at Speedway. Mr. Stice assumed his current position in August 2015. Phone: +1 419.422.2121 He was named to his current position in 2018. Marathon Petroleum also said it has appointed Michael Hennigan as president and chief executive officer of the company, with immediate effect. Mr. Davis holds a Bachelor of Science degree in business administration from the University of Wisconsin at Milwaukee and a master’s degree in business administration from the University of Chicago. MPC is dedicated to creating value for shareholders, but we believe that how we conduct business is just as important as what we do. Prior to joining Marathon, Mr. Surma worked for Price Waterhouse LLP where he was admitted to the partnership in 1987. She is a trustee of the Columbus Association for the Performing Arts (CAPA) and is on the Board of Trustees of Kenyon College and Fidelity Equity and High-Income Mutual Fund. Mr. Heppner serves as president of the United Way of Clark, Champaign and Madison Counties board of trustees. The leadership team at MPC is committed to accountability and transparency to all of our stakeholders. He attended the Oxford Institute for Energy Studies in 2017. Mr. Hernandez was named general manager of the Catlettsburg refinery in 2013 and general manager of the Galveston Bay refinery in 2016. All of the members of the Board’s three principal committees – Audit, Compensation and Organization Development, and Corporate Governance and Nominating – are independent, non-employee directors. The Sustainability Committee assists the Board in matters related to the health, environment, safety and security of personnel and physical assets, and oversees our Perspectives on Climate-Related Scenarios report and our annual Sustainability Report. And finally we will reflect on how common stockholders have fared in the last few years, as a secondary measure of performance. Mr. Partee joined Marathon in 1995 as an accountant in Marathon Pipe Line. Findlay, Ohio-based Marathon Petroleum Corp. announced plans to separate Speedway into an independent, publicly traded company. Mr. Hernandez joined Marathon in 1990 at the Garyville refinery. He was named the general manager for the St. Paul Park refinery in 2006, Robinson refinery in 2010 and Galveston Bay refinery in 2013. Explore our core values and find out what we're all about. Marathon Petroleum Corp. has named Maryann T. Mannen executive vice-president and chief financial officer, effective Jan. 25. Former Chairman and Chief Executive Officer, Bob Evans Farms, Inc. In 2008, Mr. Stice was named president and chief operating officer of Chesapeake Midstream Development, L.P., a wholly owned subsidiary of Chesapeake Energy Corporation, and senior vice president of natural gas projects for Chesapeake. Additionally, she is on the board of directors of Haven for Hope and a member of the board of trustees of Johns Hopkins Medicine. Marathon Petroleum has 60,350 employees across 18 locations and $123.95 B in annual revenue in FY 2019. Mr. Plumby graduated from Miami University in 1981 with a Bachelor of Science degree in accounting and earned an MBA from the University of Toledo in 1985. Shares of Marathon Petroleum Corp. MPC, +4.80% advanced 4.80% to $46.09 Tuesday, on what proved to be an all-around favorable trading session for the … In 2006, Mr. Hennigan was appointed senior vice president, supply, trading, sales and transportation and senior vice president, business improvement in 2008. Additionally, he is on the board of directors of The Heinz Endowments, is chair of the board of trustees of Carnegie Mellon University and a member of the boards of trustees of the University of Notre Dame and the Dietrich Foundation, and is a past chair of the Pittsburgh Cultural Trust. Marathon Petroleum Corp. (MPC) announced the appointment of Maryann Mannen as Executive Vice President and Chief Financial Officer, effective January 25. Company Participants. She completed the Executive Development Program at Northwestern University’s Kellogg School of Management in 2014. Mr. Linhardt rejoined KPMG LLP in 2006 and in 2009 served as head of tax at RRI Energy, Inc. She was named vice president and general counsel of MPC in 2016 and assumed her current position in 2018. Ms. Gagle began her career with Marathon in 1992 as a staff attorney. He was named to his current position in 2018. Marathon Petroleum Board of Directors Compensation 2018 Abdulaziz F. Alkhayyal – Retired Senior Vice President, Industrial Relations, Saudi Aramco This board member earned US$300,000 as total compensation including cash paid in US$150,000, stock awards … Mr. Surma formerly served as the chair of the board of directors of the Federal Reserve Bank of Cleveland. He was named to his current position in 2018. In 2018 he was named president, Refining, Marketing and Supply. Mr. Hennigan is president and chief executive officer of Marathon Petroleum Corporation. … Mr. Hennigan is president and chief executive officer of Marathon Petroleum Corporation. Mr. Case earned a Bachelor of Science degree in chemical engineer from Oklahoma State University. Brian K. ParteeSenior Vice President, Marketing. “Marathon’s board and management team have a longstanding history of engaging with shareholders,” the company said in a statement provided to CSP Daily News. While there are often complaints about the exorbitant salaries that the nation’s top CEO’s make, very few people know who these people are and what they stand for. He also serves on the boards of directors of Artis Naples and the United Way Foundation of Metropolitan Dallas and is a vice chairman of the board of trustees of Northeastern University. Marathon Petroleum is just one example of an oil company that was already struggling prior to the COVID-19 outbreak, partly due to their expensive 2018 acquisition of rival refiner Andeavor. Evan BayhSenior Advisor, Apollo Global Management. After serving in various capacities of increasing responsibility and in several leadership roles, he was named chief executive officer in 2000. Ms. Rucker is former executive vice president, general counsel and secretary of Andeavor. While at PwC, he went on to serve in London, Kazakhstan and Baltimore before assuming his position in Atlanta in 2009. Hennigan says Marathon is opening an office in Houston, Texas but the company headquarters will remain in Findlay. Marathon Petroleum Reaches Elliott Accord Amid CEO Search Back to video Marathon capitulated in late October to pressure from Elliott and other shareholders to split up the company. Mr. Cohen earned a Bachelor of Arts degree in 1992 from the University of Pennsylvania and a Juris Doctorate from the American University School of Law. This commitment manifests itself in a set of governing principles that guide our actions in everything we do. Prior to joining MPLX GP LLC in 2017, Mr. Hennigan was president, crude, NGL and refined products of the general partner of Energy Transfer Partners L.P. "Don was part of the original management team that established MPC as a publicly-traded company, and his deep financial … In 2010, he was appointed director, wholesale marketing at MPC. In addition, he served in senior executive and operational positions at Yum! Edward G. GalanteRetired Senior Vice President and Management Committee Member, ExxonMobil Corporation. Mr. Plumby is executive vice president and chief operating officer of Speedway LLC (Speedway). Thomas KaczynskiVice President, Finance and Treasurer. Facebook; Twitter; LinkedIn; SCOTTSDALE, Ariz. — Two of the major investors pushing for a reorganization of Marathon Petroleum Corp. issued an open letter to shareholders Oct. 24 stating their case to have CEO and Chairman Gary Heminger resign his role immediately. Her career began at Fidelity Management & Research Company where she served as an analyst specializing on various energy industry subsectors. Ms. Laird joined MPC in 2018, where she leads the company’s Human Resources function. Retired Chairman and Chief Executive Officer, The PNC Financial Services Group, Inc. Former Executive Vice President, General Counsel and Secretary, Andeavor, Dean, Mewbourne College of Earth and Energy University of Oklahoma, Retired President of AEP Transmission American Electric Power, Compensation and Organization Development Committee, Corporate Governance and Nominating Committee, email@example.com, firstname.lastname@example.org, 2020 Perspectives on Climate-Related Scenarios Report. When it comes to Marathon Petroleum Corp, that leader is Gary R. Heminger, who has been the Chairman since 2016 and CEO since 2011. Kristina Kazarian - VP, IR. They see that we are all operating in accordance with our values, ensure we adhere to strict governance and always maintain transparency. Lists ranking Marathon Petroleum. Rucker Former Executive Vice President, General Counsel and Secretary, Andeavor. Retired Chairman of the Board and CEO, PPG Industries, Inc. Chairman and Chief Executive Officer, Hepco Capital Management, LLC. She is also vice president, chief securities, governance and compliance officer and corporate secretary of MPLX GP LLC. Mr. Templin is a graduate of Grove City College, a certified public accountant and a member of the American Institute of Certified Public Accountants. James E. RohrRetired Chairman and Chief Executive Officer, The PNC Financial Services Group, Inc. Mr. Rohr is retired chairman and chief executive officer of The PNC Financial Services Group, Inc. Mr. Rohr joined PNC in 1972. Marathon Petroleum's marketing system includes branded locations across the United States, including Marathon branded outlets. This commitment manifests itself in a set of governing principles that guide our actions in everything we do. (RTTNews) - Marathon Petroleum Corp. (MPC) announced the appointment of Maryann Mannen as Executive Vice President and Chief Financial Officer, effective January 25. Marathon Petroleum Corporation (NYSE:MPC) Q3 2020 Earnings Conference Call November 2, 2020 9:30 AM ET. He held various environmental roles until 1997 when he was promoted to Environmental and Safety manager at Garyville. Marathon Petroleum Corporation (NYSE: MPC) today announced that Maryann T. Mannen will join the company as Executive Vice President and Chief Financial Officer effective January 25. Meet the people responsible for leading MPC forward. Ms. Benson was named Marathon Petroleum Corporation group counsel, Law - Corporate and Finance in 2011 and assistant general counsel, Law - Corporate and Finance in 2012. Prior to joining MPLX GP LLC in 2017, Mr. Hennigan was president, crude, NGL and refined products of the general partner of Energy Transfer Partners L.P. Mannen’s departure marks the end of a 35-year career with the French company. In 2013, Mr. Wilkins assumed responsibility over process safety management (PSM) and promoted to director, Refining Environmental, Safety, Security, and PSM. Mr. Templin is a member of the Grove City College Board of Trustees. Rick D. HesslingSenior Vice President, Crude Oil Supply and Logistics. Mr. Templin joined PwC in Pittsburgh in 1984. The $23 billion Andeavor deal gave Marathon a coast-to-coast refining network. Ms. Benson began her career with Marathon as a tax attorney in 1998. Gary Heminger has been the CEO of Marathon Petroleum Corporation since 2011. Pursuant to Section 407 of the Sarbanes-Oxley Act of 2002 and associated regulations, the Marathon Petroleum Corporation board of directors has determined that Susan Tomasky qualifies as an "Audit Committee Financial Expert.". But its shares fell to a two-year low this summer as investors were disappointed with the deal’s impact on results. Subscribe. In 1999, Mr. Wilkins transferred to corporate refining operations supporting the environmental, safety, and security functions within the organization. He completed the Executive Development Program at the Kellogg School of Management at Northwestern University in 2007. James R. WilkinsVice President, Environment, Safety and Security. Marathon Petroleum Corp. board members are meeting this week with activist investors to discuss Chief Executive Officer Gary Heminger’s future and the … Two activist investors in Marathon Petroleum say there is now broad-based shareholder support for immediate changes at the company including the resignation of chairman and CEO … Prior to joining Marathon Petroleum in 2018, Ms. Kazarian was a managing director and head of the MLP, Midstream, and Refining Equity Research teams at Credit Suisse. Mr. He also serves on the International Board of Directors for the Juvenile Diabetes Research Foundation. She is also vice president, Investor Relations of MPLX GP LLC. Mr. Surma earned a Bachelor of Science degree in accounting from Pennsylvania State University in 1976. See the full leadership team at Craft. Marathon Petroleum Corp. (NYSE: MPC) today announced that Michael J. Hennigan has been appointed president and chief executive officer, effective immediately, and … Marathon Petroleum Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The Corporate Governance and Nominating Committee is composed solely of independent directors in accordance with the rules of the New York Stock Exchange. Mr. Cohen is also the Founder and Co-Executive Chairman of Osprey Technology Acquisition Corp. Mr. Cohen was named Chairman of the Board of Falcon Minerals Corporation in 2018. Speedway LLC, based in Enon, Ohio, owns and operates more than 4,000 U.S. c-stores. Prior to joining Marathon Petroleum in 2014, Mr. Quaid served as vice president of iron ore for U.S. Steel, where he had responsibility for all aspects of iron ore mining operations. Mr. Brooks is a member of the American Petroleum Institute (API) refining subcommittee and a member of the American Fuel and Petrochemical Manufacturers (AFPM)/API process safety advisory group. Mr. Linhardt joined Marathon in 2013 as manager of Tax Compliance. This board member earned US$303,500 as total compensation including cash paid in US$150,000, stock awards US$150,000, and all other compensation US$3,500. He is a registered professional engineer in the state of Illinois. In 1998, he returned to Sunoco’s corporate office as manager, financial analysis and strategic planning. Retired Senior Vice President, Industrial Relations, Saudi Aramco. He was named president and chief operating officer in 2010 and was appointed president and chief executive officer in 2012. Oil companies have been pursuing such mergers in an attempt to generate investor excitement and make up for the structural weaknesses of the oil sector. Mr. Brooks is executive vice president, Refining of Marathon Petroleum Corporation. In 2010, he was appointed director, Refining Reliability and PSM based in Findlay. In 2000, he was named general manager, northeast refining wholesale fuels marketing and product supply and in 2001 was appointed vice president, product trading, sales and supply. He held various accounting and marketing positions until transferring to Emro Marketing Company, the predecessor of Speedway, in 1994, where he served as Pricing and Light Product Acquisition director. Susan TomaskyRetired President of AEP Transmission American Electric Power. As such, we keep our core values at the forefront of what we do. Marathon Petroleum annual/quarterly revenue history and growth rate from 2010 to 2020. Ms. Laird is chief Human Resources officer of Marathon Petroleum Corporation. Mr. Hessling was appointed manager, crude oil and natural gas supply and trading manager in 2014. She is also general counsel of MPLX GP LLC. From 2011 to 2017, she was Chief Financial Officer at FMC Technologies. Ms. Rucker holds a Bachelor of Business Administration degree in economics from the University of Iowa, a master’s degree in public policy from the John F. Kennedy School of Government at Harvard University and a Juris Doctor from Harvard Law School. She assumed her current position in 2016. He is also a chartered financial analyst, a designation he has held since 1995. In 2000, Mr. Hernandez joined the Terminal, Transportation & Marine organization in Findlay, Ohio. He assumed his current position in 2019. Marathon Petroleum Corp. has appointed Michael J. Hennigan as president and chief executive officer, effective immediately. Marathon Petroleum Corp on Wednesday tapped the head of its midstream business, Michael Hennigan, as its new chief executive officer and said it will retain the unit despite demands from shareholder Elliott Management to separate it. C. Tracy CaseSenior Vice President, Western Refining Operations. Company Participants. Glenn M. PlumbyExecutive Vice President and Chief Operating Officer, Speedway LLC. Mr. Hennigan began his career with Sunoco, Inc. in 1981 at the Marcus Hook refinery, working in various engineering and operations positions before joining the business planning department in 1990. Mr. Stice serves on the boards of directors of MPLX GP LLC, U.S. Silica Holdings, Inc. and Spartan Energy Acquisition Corp. Mr. Hessling relocated to MPC’s Findlay, Ohio, office in 2000 where he was named Midwest exchange negotiator and domestic spot crude oil trader in 2001. In 2016, Mr. Wilkins assumed company-wide oversight responsibility and was named director, Environment, Safety, Security, and Product Quality. While at Goodyear, Mr. Kaczynski also served as vice president, investor relations. He also served as a member of the United States Steel and Carnegie Pension Fund’s investment committee. Chairman and CEO, Marathon Petroleum Gary R. Heminger (born 1952/1953) is an American businessman, and the former chairman and chief executive of Marathon Petroleum , a US-based oil refining, marketing, and pipeline transport company, and a Fortune Global 500 company. Marathon Petroleum Names New President and CEO. In 1991, Mr. Stice was named district manager for the Oklahoma district. Mr. Heppner attended the Wharton School Advanced Management Program in 2013. Mr. Partee is senior vice president, Marketing of Marathon Petroleum Corporation. Ms. Tomasky served as president of AEP Transmission, a business division of American Electric Power, from 2008 until July 2011.
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