Marathon Petroleum Corp. Executive Vice President Rodney P. Nichols to retire
November 14 2017 - 8:21AM
FINDLAY, Ohio, Nov. 14, 2017 - Marathon Petroleum
Corp. (NYSE: MPC) today announced the retirement of Rodney P.
Nichols, executive vice president of Human Resources, Health and
Administrative Services, effective Jan. 1, 2018.
Nichols joined Marathon in 1977 and served in a wide variety of
roles of increasing responsibility, including positions at company
facilities in Bridgeport, Illinois; Anchorage, Alaska; Casper,
Wyoming; Garyville, Louisiana; Texas City, Texas; and the company's
headquarters in Findlay. Nichols was first appointed as vice
president in 1998.
"Rod has played a prominent role in the company's successful
transformation over the years," said MPC Chairman and Chief
Executive Officer Gary R. Heminger. "Our joint venture with Ashland
Oil in the late '90s, MPC's spinoff from Marathon Oil in 2011, and
the extraordinary growth we've seen since becoming an independent
company - including the acquisitions of our Galveston Bay refinery,
Hess retail assets along the Eastern Seaboard, and MarkWest Energy
Partners - have all benefited from Rod's leadership, dedication and
vast knowledge of his field. We are deeply grateful for his decades
of service, and wish him all the best during his
retirement."
David R. Sauber, currently vice president of Human Resources and
Labor Relations, has been named senior vice president of Human
Resources, Health and Administrative Services, reporting to
Heminger. Sauber came to MPC after having retired from Shell Oil
Company as vice president of Human Resources Policy, Benefits &
Services for Shell's U.S. business. During his 27 years at Shell,
Sauber held a variety of positions of increasing responsibility,
including management positions at three refineries, as well as
serving as lead negotiator for the oil industry's national
bargaining team with the United Steelworkers International Union in
2009 and 2012. Sauber has served in his current position since
January.
"With 130 years of experience in the energy industry, MPC has
continually adapted to the needs of its workforce," said Heminger.
"We are fortunate to have Dave's leadership ability and depth of
experience as we continue to attract, retain and develop the people
who make MPC the successful company it is."
###
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 5,600 independently
owned retail outlets across 20 states and the District of Columbia.
In addition, Speedway LLC, an MPC subsidiary, owns and operates the
nation's second-largest convenience store chain, with approximately
2,730 convenience stores in 21 states. MPC owns, leases or has
ownership interests in approximately 10,800 miles of crude oil and
light product pipelines. Through subsidiaries, MPC owns the general
partner of MPLX LP, a midstream master limited partnership. Through
MPLX, MPC has ownership interests in gathering and processing
facilities with approximately 5.9 billion cubic feet per day of
gathering capacity, 8 billion cubic feet per day of natural gas
processing capacity and 570,000 barrels per day of fractionation
capacity. 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 Wilson (419) 421-2071
Denice Myers (419) 421-2965
Doug Wendt (419) 421-2423
Media Contacts:
Chuck Rice
(419) 421-2521
Jamal Kheiry (419) 421-3312
Rod Nichols 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
Marathon Petroleum (NYSE:MPC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Marathon Petroleum (NYSE:MPC)
Historical Stock Chart
From Apr 2023 to Apr 2024