Yahoo Finance Marathon Petroleum Corp. vice president, general counsel and secretary to retire
FINDLAY, Ohio, Jan. 27, 2016 - J. Michael Wilder, vice president, general counsel and secretary, will retire from Marathon Petroleum Corp. (MPC) effective March 1. Suzanne Gagle, currently an assistant general counsel, will assume the role of vice president and general counsel, and Molly Benson, also an assistant general counsel, will assume the role of vice president, corporate secretary and chief compliance officer.
Wilder joined Ashland Petroleum Co. as a staff attorney in 1978, and held several positions of increasing responsibility at Ashland and its affiliates. In 1998, when Marathon Ashland Petroleum was formed, Wilder was named general counsel and secretary of the joint venture. He was named to his current position with Marathon Petroleum Corp. in 2011.
"Michael`s expertise and wisdom have been invaluable to this company, and we are grateful for the critical role he has played in our growth over the years," said Gary R. Heminger, president and chief executive officer. "We thank Michael for nearly 38 years of loyal service and wish him well in retirement."
Gagle began her career with MPC in 1992 and has held several positions within the Law Organization, including senior group counsel for MPC Operations. She assumed her current role as assistant general counsel with MPC`s Law Litigation and Human Resources organization in 2011. Gagle graduated from the University of Toledo with a bachelor`s degree in business administration in 1987 and earned her Juris Doctor degree from the University of Toledo in 1992. She will report to Heminger.
Benson began her career with MPC in 1998 and has held several positions within the Law Organization, where she supported both MPC Operations and corporate organizations. She was appointed to her current position as assistant general counsel for all corporate and finance activities in 2012. Benson graduated from The Ohio State University with a bachelor`s degree in political science in 1987. She received her Juris Doctor degree from the University of Toledo in 1997. She will report to Gagle.
"Sue and Molly bring tremendous expertise to these positions," Heminger said. "Each possesses a comprehensive understanding of the strategic implications of our legal decisions and the ability to manage highly effective legal teams in order to accomplish our goals."
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About Marathon Petroleum Corporation
MPC is the nation`s fourth-largest refiner, with a crude oil refining capacity of approximately 1.8 million barrels per calendar day in its seven-refinery system. Marathon brand gasoline is sold through approximately 5,600 independently owned retail outlets across 19 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation`s second-largest convenience store chain, with approximately 2,760 convenience stores in 22 states. MPC owns, leases or has ownership interests in approximately 8,300 miles of crude and light product pipelines and 5,000 miles of gas gathering and natural gas liquids (NGL) pipelines. MPC also has ownership interests in more than 50 gas processing plants, more than 10 NGL fractionation facilities and a condensate stabilization facility. Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. MPC`s fully integrated system provides operational flexibility to move crude oil, NGLs, feedstocks and petroleum-related products efficiently through the company`s distribution network and midstream service businesses in the Midwest, Northeast, Southeast and Gulf Coast regions. For additional information about the company, please visit our website at http://www.marathonpetroleum.com.
Investor Relations Contacts:
Lisa Wilson (419) 421-2071
Teresa Homan (419) 421-2965
Media Contacts:
Chuck Rice (419) 421-2521
Jamal Kheiry (419) 421-3312
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Marathon Petroleum Corporation via GlobeNewswire
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