Marathon Petroleum Corp. vice president James Heintschel to retire
November 30 2016 - 4:19PM
FINDLAY, Ohio, Nov. 30, 2016 - Marathon Petroleum
Corporation (NYSE: MPC) today announced the retirement of James
(Jay) P. Heintschel II, vice president of Business Development,
effective Jan. 1, 2017. Brian Partee, currently Crude Oil Logistics
and Analysis manager, will replace Heintschel as director of
Business Development.
Heintschel joined Marathon's Treasury organization in 1978 and held
various positions of increasing responsibility throughout his
career. Heintschel served as manager of commercial services for the
predecessor to MPC's Speedway retail subsidiary, as well as for
MPC's Pricing and Allocation Department and its Special Products
Marketing Department. Heintschel was named director of Business
Development for MPC in 2009 and was appointed to his current
position in 2015.
"Jay has made valuable contributions to this company over his
38-year career," said Chairman, President and Chief Executive
Officer Gary R. Heminger. "His talent, dedication and business
acumen have been a tremendous asset, and we thank him for his
service and wish him all the best in his retirement
years."
Partee began his career at Marathon in 1995 as an accountant, and
has worked in several roles of increasing responsibility throughout
the company, including positions in its pipeline subsidiary;
several managerial assignments in the Marketing and Supply,
Distribution & Planning organization; and commercial director
and vice president, Business Development and Franchise at Speedway
LLC.
###
About Marathon Petroleum
Corporation
MPC is the nation's third-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 5,400
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 2,770
convenience stores in 22 states. MPC owns, leases or has ownership
interests in approximately 8,400 miles of crude and light product
pipelines and more than 5,500 miles of gas gathering and natural
gas liquids (NGL) pipelines. MPC also has ownership interests in 54
gas processing plants, 13 NGL fractionation facilities and two
condensate stabilization facilities. 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, East Coast, Southeast and Gulf Coast
regions.
Investor Relations Contacts:
Lisa D. Wilson (419) 421-2071
Doug Wendt (419) 421-2423
Media Contacts:
Chuck Rice
(419) 421-2521
Jamal Kheiry (419) 421-3312
Heintschel retirement
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq 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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