Richard A. HernandezSenior Vice President, Eastern Refining Operations. In 1994, he was named acquisition specialist and jobber marketing representative in Michigan. In 2000, he joined Visteon Corporation as part of the company's spin off from Ford where he held several positions within corporate treasury, including director of affiliate financing and of capital markets and bank relations. Mr. Stice assumed his current position in August 2015. Ms. Gagle is general counsel of Marathon Petroleum Corporation. Thomas KaczynskiVice President, Finance and Treasurer. Former Chairman and Chief Executive Officer, Bob Evans Farms, Inc. He was named director of Tax in 2017. Our values are of utmost importance at MPC and that commitment starts from the top down. Mr. Hennigan is president and chief executive officer of Marathon Petroleum Corporation. 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 is a member of the boards of directors for Lennox International Inc. and Celanese Corporation. Findlay, Ohio-based Marathon Petroleum Corp. announced plans to separate Speedway into an independent, publicly traded company. Rick D. HesslingSenior Vice President, Crude Oil Supply and Logistics. Marathon Petroleum also owns the general … Prior to joining Marathon Petroleum in 2011, Mr. Griffith served as vice president and treasurer of Smurfit-Stone Container Corporation, where he had executive responsibility for the company's investor interface and treasury operations, including capital structure, cash management, insurance and investment oversight. Timothy T. GriffithPresident, Speedway LLC. In 2000, Mr. Hernandez joined the Terminal, Transportation & Marine organization in Findlay, Ohio. The leadership team at MPC is committed to accountability and transparency to all of our stakeholders. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. (Bloomberg) — Marathon Petroleum Corp. buckled under pressure from shareholders and announced the spinoff of its retail fuel-station business and the departure… Mr. Powell began his career at GE in 2000 as a member of the GE Aviation IT leadership program. Findlay, Ohio-based Marathon Petroleum operates 16 refineries and a marketing system that includes about 7,800 branded U.S. locations, including about 5,600 Marathon retail outlets. 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. He previously served on the board of directors of Calgon Carbon Corporation until its sale in March 2018. This … Mr. Templin joined PwC in Pittsburgh in 1984. In 2000, he joined FastForward Inc., an enterprise marketing software developer and service provider startup company as corporate controller. Mr. Brooks is executive vice president, Refining of Marathon Petroleum Corporation. Mr. Hennigan joined Sunoco Logistics as vice president, business development in 2009. Sen. Bayh is a member of the boards of directors of Berry Global Group, Inc., Fifth Third Bancorp, and RLJ Lodging Trust. Mr. Wilkins is vice president, Environment, Safety and Security of Marathon Petroleum Corporation. He has previously served on the publicly traded company boards of CenturyLink, Legacy Acquisition Corporation, Sonic Corporation and Walgreens. She is also vice president, Investor Relations of MPLX GP LLC. 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. Marathon Petroleum Sheds a CEO, Splits into 3 Divisions. He served in this position until his retirement from Saudi Aramco in 2014. In 2017, Mr. Hennigan was named president of MPLX GP LLC and in November 2019 was named president and chief executive officer. Ms. Tomasky is retired president, AEP Transmission of American Electric Power. Marathon Petroleum Corporation (NYSE:MPC) Q3 2020 Earnings Conference Call November 2, 2020 9:30 AM ET. He was appointed senior vice president and chief financial officer of Marathon Petroleum in 2011 and took on the incremental role of chief financial officer of MPLX GP LLC in 2012. 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. He was responsible for all operations and business activities, including setting the direction, strategy and vision for the company. Mr. Plumby attended the Indiana University Executive Education Program in 1993 and attended the Wharton School Advanced Management Program in 2012. Susan TomaskyRetired President of AEP Transmission American Electric Power. 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 2004, he advanced to director of Facility Marketing and Business Planning and was responsible for sales and operations planning activities. Mr. Linhardt began his career as an auditor at a regional CPA firm in Kansas City. 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. Ms. Benson is vice president, chief securities, governance and compliance officer and corporate secretary of Marathon Petroleum Corporation. Hennigan replaces company veteran Gary Heminger, whose departure was announced in October when the largest U.S. independent refiner launched a … Mr. Heppner graduated from Ohio Northern University in 1988 with a Bachelor of Science degree in electrical engineering. Mr. Surma earned a Bachelor of Science degree in accounting from Pennsylvania State University in 1976. He was responsible for all operations and business activities, including setting the direction, strategy and vision for the company. Marathon Petroleum also said it has appointed Michael Hennigan as president and chief executive officer of the company, with immediate effect. Marathon Petroleum Corp annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Mr. Stice holds a bachelor’s degree in chemical engineering from the University of Oklahoma, a master’s degree in business from Stanford University, and a doctorate in education from The George Washington University. 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. He attended the Oxford Institute for Energy Studies in 2017. 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. Compensation and Organization Development Committee Charter. Marathon Petroleum Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. He is a member of the National Association of Convenience Stores (NACS) board while also serving on the NACS Research Council. Previously, he held various management positions of increasing responsibility during his more than 30 years with ExxonMobil Corporation, including serving as executive vice president of ExxonMobil Chemical Company from 1999 to 2001. Mike Hennigan - CEO. The Corporate Governance and Nominating Committee Charter is set forth below. 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. Mr. Templin is a graduate of Grove City College, a certified public accountant and a member of the American Institute of Certified Public Accountants. He is also retired chairman and chief executive officer of United States Steel Corporation. Mannen’s departure marks the end of a 35-year career with the French company. Mr. Quaid graduated from Lehigh University in 1994, with a Bachelor of Science business and economics degree in accounting. Most recently, she served as chief Human Resources officer at Andeavor. She also earned a Master of Business Administration in finance. Mr. Heppner attended the Wharton School Advanced Management Program in 2013. While at Goodyear, Mr. Kaczynski also served as vice president, investor relations. Bunch serves on the boards of directors of ConocoPhillips, Mondelēz International, Inc. and The PNC Financial Services Group, Inc. Jonathan Z. CohenChairman and Chief Executive Officer, Hepco Capital Management, LLC. He was appointed vice president of Light Product Marketing in 1998, and vice president of Marketing from 2002 to 2009. He was appointed Ashland district manager in 2001 and Marine Transportation manager in 2002. He attended the Oxford Institute for Energy Studies in 2012. The Marathon Petroleum Corporation Compensation and Organization Development Committee is composed solely of directors who satisfy all criteria for independence under applicable law and the rules of the New York Stock Exchange. He also serves on the International Board of Directors for the Juvenile Diabetes Research Foundation. Marathon Petroleum Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. He was named to his current position in 2018. He was elected as Indiana's secretary of state in 1986 and as its governor in 1988. Prior to joining Marathon Petroleum in 2011, Mr. Templin was the managing partner of the audit practice for PricewaterhouseCoopers LLP (PwC) in Georgia, Alabama and Tennessee. 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. She is a former Ronald McDonald House Charities of Northwest Ohio board member. Mr. Quaid was elected vice president and treasurer in August 2011, and assumed the role of vice president iron ore at U.S. Steel in 2014. The company said in October that current Chairman and CEO Gary Heminger will retire in April after 45 years with the company. Marathon Petroleum Names New President and CEO. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Mr. Hessling graduated with a bachelor’s degree in production management and marketing from Central Michigan University. He previously served as Chief Executive Officer of its predecessor, Osprey Energy Acquisition Corp., from its founding in 2016 through August 2018. He was named president and chief operating officer in 2010 and was appointed president and chief executive officer in 2012. 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. Mr. Linhardt rejoined KPMG LLP in 2006 and in 2009 served as head of tax at RRI Energy, Inc. 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. 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. 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. Mr. Surma retired as the chief executive officer of United States Steel Corporation in September 2013 and as executive chairman in December 2013. James R. WilkinsVice President, Environment, Safety and Security. Examples of communications that would not be considered appropriate for consideration by the directors include commercial solicitations and matters not relevant to the affairs of the company. He worked in various process engineering and refinery operations assignments at the Garyville and Robinson refineries from 1982 until 2000, including Product Control manager and Technical Services manager at Garyville and Operations supervisor at Robinson. Her career began at Fidelity Management & Research Company where she served as an analyst specializing on various energy industry subsectors. Mr. Hennigan is president and chief executive officer of Marathon Petroleum Corporation. Mr. Plumby began his career with Marathon in 1981. Ms. Tomasky currently serves on the board of directors of Public Service Enterprise Group Incorporated. From 2010 through 2017, Mr. Plumby held various vice president/senior vice president positions before being appointed senior vice president and chief operating officer for Speedway in 2018. He was named manager, Terminal, Transport, and Marine in 2008. Mr. Davis currently serves on the boards of directors of Albertsons Companies, Inc., American Eagle Outfitters, Inc., and PPG Industries, Inc. 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. He assumed his current position in 2018. Ehren D. PowellSenior Vice President and Chief Digital Officer. Previously, Ms. Laird served in many HR, communications and legal positions over a 25-year career at Unilever. 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. Marathon Petroleum is under pressure from two top shareholders to remove CEO Gary Heminger. … Mr. Hennigan is president and chief executive officer of Marathon Petroleum Corporation. When it comes to Marathon Petroleum Corp, that leader is Gary R. Heminger, who has been the Chairman since 2016 and CEO since 2011. Ltd. in 1995 and president, Conoco Asia Pacific Ltd. in 1997. Discover how we hold ourselves accountable. Marathon Petroleum Corporation is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. She was appointed assistant general counsel, litigation and Human Resources in 2011. Marathon Petroleum Corp. has named Maryann T. Mannen executive vice-president and chief financial officer, effective Jan. 25. 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. Ms. Kazarian graduated from Wellesley College with a Bachelor of Arts degree in economics and political science. 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 completed the Executive Development Program at the Kellogg School of Management at Northwestern University in 2007. MPC is dedicated to creating value for shareholders, but we believe that how we conduct business is just as important as what we do. After various assignments in the Law organization, she transferred to Marathon Ashland Pipe Line LLC in 2002. 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 Corporation (NYSE: MPC) today announced that Maryann T. Mannen will join the company as Executive Vice President and Chief Financial Officer effective January 25. Headquarters. Bunch joined PPG Industries, Inc. in 1979, and held various positions in finance and planning, marketing, and general management in the United States and Europe. Prior to that, he served as president and chief executive officer of Sunoco Logistics Partners L.P. 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 assumed his current position in 2019. In 2018 he was named president, Refining, Marketing and Supply. Company Participants. 539 South Main Street Findlay, OH 45840. The company also announced that Chairman and CEO … 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. Corporate Governance and Nominating Committee Charter. 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. He attended the Oxford Institute for Energy Studies in 2013. He retired as chief executive officer in April 2013 with more than 40 years of service with the company and as executive chairman of the board in April 2014. 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. In 2004, he was promoted to manager, Refining Environmental, Safety and Security. He is a past member of Wright State University College of Engineering and Computer Science External Advisory Board. He later served as senior vice president of strategic planning and corporate services and executive vice president, coatings. In 1998, he returned to Sunoco’s corporate office as manager, financial analysis and strategic planning. Mr. Griffith is a member of Michigan State University’s Broad College alumni board. He joined Kansas City Southern’s tax department in 1988 and Seafield Capital Corporation in 1992 as tax manager. In 2017, Mr. Hennigan was named president of MPLX GP LLC and in November 2019 was named president and chief executive officer. He is also senior vice president of MPLX GP LLC. Mr. Galante served as senior vice president and a member of the management committee of ExxonMobil Corporation from 2001 until his retirement in 2006. Rucker Former Executive Vice President, General Counsel and Secretary, Andeavor. Mr. Griffith is president of Speedway LLC. He is a current member of the University of Cincinnati Engineering College Advisory Council. 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. We are proud to have a group of directors with a range of backgrounds and expertise. RuckerFormer Executive Vice President, General Counsel and Secretary, Andeavor, Kim K.W. 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 Ms. Tomasky served as president of AEP Transmission, a business division of American Electric Power, from 2008 until July 2011. Mr. Hennigan joined Sunoco Logistics as vice president, business development in 2009. Our board provides oversight for all company operations and activities. Mr. Powell is senior vice president and chief digital officer of Marathon Petroleum Corporation. Marathon Petroleum Corp. (MPC) has named Michael Hennigan as president and CEO, effective immediately. In 1983, he started a progression of technical and management positions at Garyville, Robinson, Texas City, Catlettsburg, St. Paul Park, and Galveston Bay refineries. She assumed her current position in 2016. He was named president and chief operating officer in 2010 and was appointed president and chief executive officer in 2012. Marathon Petroleum Corp. has appointed Michael J. Hennigan as president and chief executive officer, effective immediately. He assumed his current position in 2018. While at PwC, he served a number of major companies in the steel, oil and gas, networking technology and consumer products industries. 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. The outgoing CFO, Maryann Mannen, will depart TechnipFMC on Jan. 25 to become CFO of Marathon Petroleum. MPC is dedicated to creating value for shareholders, but we believe that how we conduct business is just as important as what we do. 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. 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 … He was later named senior vice president of engineering services and corporate support at Speedway. He retired as chief executive officer in 2015, and as chairman of the board in 2016. from the University of Virginia School of Law in 1981. Marathon Petroleum Corporation is a large American petroleum refining company, headquartered in Findlay, Ohio, ... Former Chairman and Chief Executive Officer, Bob Evans Farms, Inc. See insights on Marathon Petroleum including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Meet the people responsible for leading MPC forward. He was named to his current position in 2018. See insights on Marathon Petroleum including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. He assumed his current position on March 18, 2020. FINDLAY, Ohio — Marathon Petroleum Corp. has appointed Michael Hennigan as president and CEO, effective immediately. Marathon Petroleum CEO to Retire as Company Spins Off Gas Stations Activist investors including Elliott Management pushed for change at the U.S. refiner 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. Mr. Quaid is senior vice president and controller of Marathon Petroleum Corporation. As such, we keep our core values at the forefront of what we do. He also serves as Chairman of the Executive Committee of Lincoln Center Theater, a Trustee of the East Harlem School, a Trustee of The American School of Classical Studies in Athens, Greece, and Trustee of Arete Foundation, a private family foundation. 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 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. She is also vice president, chief securities, governance and compliance officer and corporate secretary of MPLX GP LLC. Ms. Laird joined MPC in 2018, where she leads the company’s Human Resources function. Ms. Kazarian is vice president, Investor Relations of Marathon Petroleum Corporation. 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. Prior to joining United States Steel, Mr. Surma served in several executive positions with Marathon. 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. While at PwC, he had more than 25 years of experience providing auditing and advisory services to a wide variety of private, public and multinational companies. Sen. Bayh is a senior advisor with Apollo Global Management. Mr. Marathon Petroleum also said it has appointed Michael Hennigan as president and chief executive officer of the company, with immediate effect. John J. QuaidSenior Vice President and Controller. Steven A. DavisFormer Chairman and Chief Executive Officer, Bob Evans Farms, Inc. Mr. Davis is the former chairman and chief executive officer of Bob Evans Farms, Inc. Mr. Davis served as chairman and chief executive officer and a member of the board of directors of Bob Evans Farms, Inc. from May 2006 to December 2014. Mr. Heppner is vice president, Commercial and Business Development. Mr. Case was named general manager of the Robinson refinery in 2009, the Detroit refinery in 2010 and the Garyville refinery in 2014. Mr. Cohen is Chairman and Chief Executive Officer of Hepco Capital Management, LLC, a private family investment firm. He has completed management development programs at Rice University and the Kellogg School of Management. From 2004 to 2008, Ms. Rucker served as senior vice president, corporate secretary and chief governance officer for Energy Future Holdings, Corp. 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