Mr. Templin is executive vice president and chief financial officer of Marathon Petroleum Corporation. Amid the turmoil, the company’s long-time CEO plans to retire this year. Ms. Kazarian is vice president, Investor Relations 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. He is also senior vice president of MPLX GP LLC. He was appointed vice president of Light Product Marketing in 1998, and vice president of Marketing from 2002 to 2009. Marathon Petroleum Corp. board members are meeting this week with activist investors to discuss Chief Executive Officer Gary Heminger’s future and the … The Corporate Governance and Nominating Committee is composed solely of independent directors in accordance with the rules of the New York Stock Exchange. Michael J. HenniganPresident and Chief Executive Officer. Marathon Petroleum also said it has appointed Michael Hennigan as president and chief executive officer of the company, with immediate effect. 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. Mr. Plumby is executive vice president and chief operating officer of Speedway LLC (Speedway). He also served as a member of the United States Steel and Carnegie Pension Fund’s investment committee. Marathon Petroleum Corporation was formed on November 9, 2009, as a subsidiary of Marathon Oil. In 2009, Mr. Partee was named commercial director for Speedway. Compensation and Organization Development Committee Charter. Mr. Alkhayyal was named senior vice president, refining, marketing and international in 2001, and senior vice president industrial relations in 2007. Marathon Petroleum to change CEO, split company after hedge fund campaign Back to video. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. Edward G. Galante – Retired Senior Vice … Mr. Galante served as senior vice president and a member of the management committee of ExxonMobil Corporation from 2001 until his retirement in 2006. Gary Heminger has been the CEO of Marathon Petroleum Corporation since 2011. Richard A. HernandezSenior Vice President, Eastern Refining Operations. 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. 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. 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. 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. Rucker Former Executive Vice President, General Counsel and Secretary, Andeavor. 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, sustainabilitychair@marathonpetroleum.com, non-managedirectors@marathonpetroleum.com, 2020 Perspectives on Climate-Related Scenarios Report. "Don was part of the original management team that established MPC as a publicly-traded company, and his deep financial … We are proud to have a group of directors with a range of backgrounds and expertise. Brian K. ParteeSenior Vice President, Marketing. The company also announced that Chairman and CEO … Christopher Goodney / Bloomberg Show More Show Less 2 … She is a former Ronald McDonald House Charities of Northwest Ohio board member. Mr. Hernandez is senior vice president, Eastern Refining Operations of Marathon Petroleum Corporation. They see that we are all operating in accordance with our values, ensure we adhere to strict governance and always maintain transparency. Mr. Linhardt began his career as an auditor at a regional CPA firm in Kansas City. Hennigan will join the company’s Board of … Mr. Partee is senior vice president, Marketing of Marathon Petroleum Corporation. He was responsible for all operations and business activities, including setting the direction, strategy and vision for the company. Marathon Petroleum Names New President and CEO. Molly R. BensonVice President, Chief Securities, Governance and Compliance Officer and Corporate Secretary. Mr. Hennigan is president and chief executive officer of Marathon Petroleum Corporation. He was named senior vice president of refining in 2016 and assumed his current position in 2018. In 1992, he joined Ford Motor Company, starting as a financial analyst and progressing through numerous positions of increasing responsibility within the company's finance and treasury organizations. 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 is a former director on the MarkWest Energy Partners, L.P. board. Ms. Tomasky currently serves on the board of directors of Public Service Enterprise Group Incorporated. 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. Prior to joining MPC, Mr. Powell was the vice president and chief information officer of GE Healthcare. Mannen will succeed retiring CFO Donald C. Templin. He is a registered professional engineer in the state of Illinois. He also serves on the International Board of Directors for the Juvenile Diabetes Research Foundation. Prior to that, he served as president and chief executive officer of Sunoco Logistics Partners L.P. The $23 billion Andeavor deal gave Marathon a coast-to-coast refining network. “We believe our extensive engagement with many of you over the past few weeks has yielded an indisputable conclusion: Marathon … 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. Mr. Rohr oversaw PNC’s expansion into new markets and led PNC to record growth. From 2004 to 2008, Ms. Rucker served as senior vice president, corporate secretary and chief governance officer for Energy Future Holdings, Corp. She was also corporate counsel for Kimberly-Clark Corporation and a Partner in the corporate and securities group at the law firm of Sidley Austin LLP. Oct 31, 2019. He is a past member of Wright State University College of Engineering and Computer Science External Advisory Board. In 2014, Mr. Heppner was appointed vice president of transition at Speedway. Mr. Heppner graduated from Ohio Northern University in 1988 with a Bachelor of Science degree in electrical engineering. 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. Mr. Kaczynski began his career as a design engineer with Caterpillar Inc. In 2006, Mr. Hennigan was appointed senior vice president, supply, trading, sales and transportation and senior vice president, business improvement in 2008. Company Participants. Marathon Petroleum Corp. (NYSE: MPC) today announced that Michael J. Hennigan has been appointed president and chief executive officer, effective immediately, and … Michael J. HenniganPresident and Chief Executive Officer. 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. Hennigan says Marathon is opening an office in Houston, Texas but the company headquarters will remain in Findlay. From 2013-2018, Ms. Laird was a non-executive director of N. Brown Group PLC, a leading United Kingdom clothing, footwear and household goods retailer, where she chaired both the Remuneration and Corporate Social Responsibility Committees. Discover how we hold ourselves accountable. Marathon Petroleum has 60,350 employees across 18 locations and $123.95 B in annual revenue in FY 2019. 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. Lists ranking Marathon Petroleum. Mr. Cohen is Chairman and Chief Executive Officer of Hepco Capital Management, LLC, a private family investment firm. But its shares fell to a two-year low this summer as investors were disappointed with the deal’s impact on results. He is also a member of the downstream committee of the American Petroleum Institute (API). Mr. Galante holds a Bachelor of Science degree in civil engineering from Northeastern University. 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. She is also general counsel of MPLX GP LLC. During his time in office, he focused on job creation, national security, small business growth and many other critical domestic issues. Mr. Templin was named executive vice president, Supply, Transportation and Marketing of Marathon Petroleum in 2015. Marathon Petroleum Corporation is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. Our board provides oversight for all company operations and activities. Ms. Gagle currently serves on the board of directors of the Blanchard Valley Health Foundation and as a member of the University of Toledo paralegal studies advisory board. After serving in various capacities of increasing responsibility and in several leadership roles, he was named chief executive officer in 2000. Mr. Templin is a member of the Grove City College Board of Trustees. He held various environmental roles until 1997 when he was promoted to Environmental and Safety manager at Garyville. After two terms as governor, Sen. Bayh was elected to the U.S. Senate where he served for 12 years. He attended the Oxford Institute for Energy Studies in 2013. Abdulaziz F. AlkhayyalRetired Senior Vice President, Industrial Relations, Saudi Aramco. Subscribe. In 2018 he was named president, Refining, Marketing and Supply. Mr. Hennigan serves on the board of directors of Marathon Petroleum Corporation and MPLX GP LLC. Mr. Quaid is senior vice president and controller of Marathon Petroleum Corporation. 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. DAVID MCNEW—AFP via Getty Images . 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. 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. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Ms. Laird joined MPC in 2018, where she leads the company’s Human Resources function. He previously served on the board of directors of Calgon Carbon Corporation until its sale in March 2018. He assumed his current position in 2018. Retired Senior Vice President and Management Committee Member, ExxonMobil Corporation. The Audit Committee Charter, as revised effective January 25, 2020, is set forth below. 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. 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. In 2001, Mr. Case was named manager Refining Asset Development where he oversaw development of all refining capital projects including the Garyville major expansion and mandated clean fuels programs. He is also chairman of the board and president and chief executive officer of MPLX GP LLC. 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. Mr. Cohen currently serves on the boards of directors of Osprey Technology Acquisition Corp., Atlas Energy Group, LLC, and Titan Energy, LLC. Charles E. BunchRetired Chairman of the Board and CEO, PPG Industries, Inc. Mr. Marathon Petroleum Corp. buckled under pressure from activist investors and announced the spinoff of its Speedway gas-station retail business … Marathon Petroleum Corp. (MPC) has named Michael Hennigan as president and CEO, effective immediately. (RTTNews) - Marathon Petroleum Corp. (MPC) announced the appointment of Maryann Mannen as Executive Vice President and Chief Financial Officer, effective January 25. James R. WilkinsVice President, Environment, Safety and Security. 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. This commitment manifests itself in a set of governing principles that guide our actions in everything we do. After various assignments in the Law organization, she transferred to Marathon Ashland Pipe Line LLC in 2002. Mr. Alkhayyal is retired senior vice president, industrial relations of Saudi Aramco. 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