FINDLAY,
Ohio, Dec. 21, 2023 /PRNewswire/ --
Michael J. Hennigan, chairman, president and chief executive
officer of the general partner of MPLX LP (NYSE: MPLX), today
announced that C. Kristopher
Hagedorn has been appointed executive vice president and
chief financial officer of the general partner of MPLX, effective
January 1, 2024.
As MPLX CFO, Hagedorn will succeed John
J. Quaid, who has been named executive vice president and
chief financial officer of Marathon Petroleum Corporation (NYSE:
MPC). Hagedorn brings more than 25 years of financial
accounting and audit expertise to his new role, including nearly 10
years of financial leadership experience in the midstream
sector.
"Kris's strong financial background and midstream expertise
support our ongoing commitments to growing distributable cash flow,
reinvesting in the business, and returning capital to unitholders,"
said Hennigan.
Since 2021, Hagedorn has served as senior vice president and
controller of MPC. Prior to that, he was vice president and
controller of the general partner of MPLX from 2017 until assuming
his current position. Hagedorn also previously held roles of
increasing responsibility at CONSOL Energy and PwC.
Hagedorn will report to Hennigan and will serve as a member of
the board of directors of the general partner of MPLX.
About MPLX LP
MPLX is a diversified, large-cap master limited partnership that
owns and operates midstream energy infrastructure and logistics
assets and provides fuels distribution services. MPLX's assets
include a network of crude oil and refined product pipelines; an
inland marine business; light-product terminals; storage caverns;
refinery tanks, docks, loading racks, and associated piping; and
crude and light-product marine terminals. The company also owns
crude oil and natural gas gathering systems and pipelines as well
as natural gas and NGL processing and fractionation facilities in
key U.S. supply basins. More information is available at
www.MPLX.com.
Investor Relations Contact: (419)
421-2071
Kristina Kazarian,
Vice President, Finance and Investor Relations
Brian Worthington, Director,
Investor Relations
Isaac Feeney, Supervisor, Investor
Relations
Media Contact: (419) 421-3577
Jamal Kheiry,
Communications Manager
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SOURCE MPLX LP