The company said in October that current Chairman and CEO Gary Heminger will retire in April after 45 years with the company. Ms. Laird is a graduate of the University of Strathclyde in Glasgow, Scotland, where she completed a double major program in English and history. In 2017, Mr. Hennigan was named president of MPLX GP LLC and in November 2019 was named president and chief executive officer. Ms. Gagle earned a bachelor’s degree in business administration from the University of Toledo in 1987 and Juris Doctor from the University of Toledo College of Law in 1992. Molly R. BensonVice President, Chief Securities, Governance and Compliance Officer and Corporate Secretary. He previously served on the board of directors of Calgon Carbon Corporation until its sale in March 2018. He is a registered professional engineer in the state of Illinois. Brian K. ParteeSenior Vice President, Marketing. Mr. Griffith has also served as vice president and treasurer of Cooper-Standard Automotive, as assistant treasurer of Lear Corporation, as the capital planning officer for Comerica Incorporated and as a derivatives specialist with Citicorp Securities. Mr. Linhardt began his career as an auditor at a regional CPA firm in Kansas City. This … Prior to joining MPC, Mr. Powell was the vice president and chief information officer of GE Healthcare. He is also a Board Member Emeritus of the Salvation Army and a member of the Allegheny Foundation. Prior to joining Marathon Petroleum in 2015, Mr. Kaczynski served as vice president and treasurer of The Goodyear Tire and Rubber Company, where he had responsibility for all treasury related activities including capital markets, cash management, bank and rating agency relations and insurance. The Audit Committee Charter, as revised effective January 25, 2020, is set forth below. Prior to joining Andeavor, Ms. Rucker was executive vice president, Corporate and Legal Affairs, general counsel and corporate secretary of Kraft Foods Group, Inc. from 2012 to 2015, where she led the legal, corporate affairs and government affairs functions. 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. Findlay, Ohio-based Marathon Petroleum Corp. announced plans to separate Speedway into an independent, publicly traded company. 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. 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, 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. buckled under pressure from activist investors and announced the spinoff of its Speedway gas-station retail business … Discover how we hold ourselves accountable. Mr. Brooks joined Marathon in 1979 as a chemical engineering co-op. In 1995, Mr. Heppner transferred to Emro Marketing Company, the predecessor of Speedway LLC, where he held various positions including project manager; environmental and maintenance manager, southern division; purchasing and commercial services manager; business development manager; director construction, environmental, maintenance and purchasing and commercial services; director of engineering services, and vice president of operations. Ms. Benson graduated from The Ohio State University in 1987 with a bachelor’s degree in political science and a Juris Doctor degree from the University of Toledo College of Law in 1997. Our leadership team is committed to making sure those values permeate throughout our organization and everything we do. He was named to his current position in 2019. Ms. Tomasky served as president of AEP Transmission, a business division of American Electric Power, from 2008 until July 2011. Marathon Petroleum Sheds a CEO, Splits into 3 Divisions. But its shares fell to a two-year low this summer as investors were disappointed with the deal’s impact on results. “We believe our extensive engagement with many of you over the past few weeks has yielded an indisputable conclusion: Marathon … The Corporate Governance and Nominating Committee Charter is set forth below. Charles E. BunchRetired Chairman of the Board and CEO, PPG Industries, Inc. Mr. He returned to Findlay in 2011 as crude oil and logistics analysis manager. Bunch received a bachelor’s degree in international affairs from Georgetown University and a Master of Business Administration degree from the Harvard University Graduate School of Business Administration. 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. Marathon Petroleum CEO: Speedway Sale Is a 'Win-Win' for Both Sides By Melissa Kress - 08/04/2020 Get great content like this right in your inbox. … Mr. Hennigan holds a Bachelor of Science degree in chemical engineering from Drexel University. Ms. Tomasky previously served in other executive officer positions at American Electric Power Co., including executive vice president and general counsel from 1998 to 2001, executive vice president of Finance and chief financial officer from 2001 to 2006 and executive vice president of Shared Services from 2006 to 2008. He has completed management development programs at Rice University and the Kellogg School of Management. In 2006, Mr. Hennigan was appointed senior vice president, supply, trading, sales and transportation and senior vice president, business improvement in 2008. 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. Mr. Davis currently serves on the boards of directors of Albertsons Companies, Inc., American Eagle Outfitters, Inc., and PPG Industries, Inc. 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. See the full leadership team at Craft. Marathon Petroleum's marketing system includes branded locations across the United States, including Marathon branded outlets. Mannen will succeed retiring CFO Donald C. Templin. He also is on the board of directors of the University of Pittsburgh Medical Center. Other executives include John P. Surma, Non-Executive Chairman; Raymond L. Brooks, Executive Vice President, Refining and 27 others. While at U.S. Steel, Mr. Quaid also served as vice president and treasurer where he had executive responsibility for all of U.S. Steel's treasury functions, including capital markets, corporate finance, cash and banking, credit and collections and insurance. He previously served on the Boards of Directors of Energen Corporation and Falcon Minerals Corporation. 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. Heppner is a past member of the Children’s Miracle Network’s Board of Governors and Dayton Children’s Hospital Foundation board of trustees. “Findlay is our corporate headquarters. Mr. Plumby began his career with Marathon in 1981. 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. Marathon Petroleum also said it has appointed Michael Hennigan as president and chief executive officer of the company, with immediate effect. In 2008, he was named chief executive officer of Chesapeake Midstream Partners, L.P. Mr. Stice was designated a director of Chesapeake Midstream Partners, which changed its name to Access Midstream in 2012. He held engineering positions of increasing responsibility prior to being named plant manager of Louisiana Gas System Inc. in 1987. In 2010, he joined GE Transportation as the chief information officer of services and in 2014 became senior vice president and chief information officer of power services with GE Power. Headquarters. While at Goodyear, Mr. Kaczynski also served as vice president, investor relations. 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. She is a former Ronald McDonald House Charities of Northwest Ohio board member. Marathon Petroleum CEO to Retire as Company Spins Off Gas Stations Activist investors including Elliott Management pushed for change at the U.S. refiner He was later named senior vice president of engineering services and corporate support at Speedway. In 2004, he advanced to director of Facility Marketing and Business Planning and was responsible for sales and operations planning activities. Raymond L. BrooksExecutive Vice President, Refining. Mr. Hennigan is president and chief executive officer of Marathon Petroleum Corporation. In 1983, he started a progression of technical and management positions at Garyville, Robinson, Texas City, Catlettsburg, St. Paul Park, and Galveston Bay refineries. 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. Ms. Benson is vice president, chief securities, governance and compliance officer and corporate secretary of Marathon Petroleum Corporation. Mr. Hennigan is president and chief executive officer of Marathon Petroleum Corporation. He also has held a variety of restaurant and consumer packaged goods leadership positions, including president of Long John Silver’s and A&W All-American Food Restaurants. Company Participants. 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. He was responsible for all operations and business activities, including setting the direction, strategy and vision for the company. Mr. Linhardt joined KPMG LLP as senior tax manager in 1997 and LabOne, Inc. in 2000 where he became vice president of finance and tax and treasurer. He was elected as Indiana's secretary of state in 1986 and as its governor in 1988. Mr. Case is senior vice president, Western Refining Operations of Marathon Petroleum Corporation. He assumed his current position on March 18, 2020. Marathon Petroleum Corp. (MPC) has named Michael Hennigan as president and CEO, effective immediately. 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. This commitment manifests itself in a set of governing principles that guide our actions in everything we do. All the members of the Marathon Petroleum Corporation Audit Committee are independent (as independence is defined in Exchange Act Rule 10A-3, as well as the general independence requirements of NYSE Rule 303A.02). After a short time as a field engineer with Dowell Schlumburger, Mr. Wilkins began his career with Marathon in October 1990 at the Garyville refinery in Louisiana. Discover how we hold ourselves accountable. Ms. Benson was promoted to senior attorney, downstream business in 2006 and to group counsel, North American production for Marathon Oil Company in Houston in 2010. 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. Retired Senior Vice President and Management Committee Member, ExxonMobil Corporation. MPC is dedicated to creating value for shareholders, but we believe that how we conduct business is just as important as what we do. Marathon Petroleum Corp. (MPC) announced the appointment of Maryann Mannen as Executive Vice President and Chief Financial Officer, effective January 25. 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 MPC is dedicated to creating value for shareholders, but we believe that how we conduct business is just as important as what we do. He is also senior vice president of MPLX GP LLC. Mr. Surma is the non-executive chairman of the board of Marathon Petroleum Corporation. In 2009, Mr. Partee was named commercial director for Speedway. He is also chairman of the board and president and chief executive officer of MPLX GP LLC. Ms. Gagle began her career with Marathon in 1992 as a staff attorney. In 2010, he was appointed director, Refining Reliability and PSM based in Findlay. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. He attended the Oxford Institute for Energy Studies in 2012. Mr. Hernandez was named Maintenance manager of the Catlettsburg refinery in 2004 before being named to the same position at the Garyville refinery in 2006. He recently served as the vice president of membership for the Boy Scouts of America, Black Swamp Council and was the campaign chairman for the Clark County March of Dimes. Mr. Hernandez earned a Bachelor of Science degree in mechanical engineering from the Georgia Institute of Technology. The second-largest oil refinery in the U.S. will break into three separate businesses: retail, refining, and pipelines. Marathon Petroleum's President and Chief Executive Officer, Director is Michael J. Hennigan. Mannen’s departure marks the end of a 35-year career with the French company. Marathon Petroleum Corp. has named Maryann T. Mannen executive vice-president and chief financial officer, effective Jan. 25. In 2005, Mr. Hessling was named brand southern district manager in Atlanta. He was named president, chief operating officer and board member in 2002, and chairman and CEO in 2005. Thomas KaczynskiVice President, Finance and Treasurer. He assumed his current position in 2018. 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. 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. In 1999, Mr. Wilkins transferred to corporate refining operations supporting the environmental, safety, and security functions within the organization. 3 in CSP’s 2019 Top 202 ranking of c onvenience-store chains by number of company-owned retail outlets. Mr. Rohr earned a Bachelor of Arts degree from the University of Notre Dame in 1970 and a master's degree in business administration from The Ohio State University in 1972. 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. He attended the Oxford Institute for Energy Studies in 2017. Subscribe. He is a member of the National Association of Convenience Stores (NACS) board while also serving on the NACS Research Council. While at PwC, he went on to serve in London, Kazakhstan and Baltimore before assuming his position in Atlanta in 2009. 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. He was named senior vice president of refining in 2016 and assumed his current position in 2018. 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