Marathon Petroleum Corporation Announces Retirement of Executive Vice President Garry L. Peiffer
(Thomson Reuters ONE) -
FINDLAY, Ohio, Nov. 15, 2013 - Garry L. Peiffer, executive vice president,
Corporate Planning and Investor & Government Relations, Marathon Petroleum
Corporation (NYSE: MPC), has announced his intention to retire effective Jan.
1, 2014.
"Throughout the past 39 years, Garry has made significant contributions to the
success of the company," said Gary R. Heminger, MPC's president and CEO. "His
leadership was instrumental as we charted the course for a joint venture between
Marathon and Ashland in 1998, and then again when MPC was launched in 2011. His
knowledge of the business has provided a depth of insight and counsel that
cannot be matched. Garry has held numerous leadership positions and has been a
true ambassador for MPC, representing the company well with our numerous
stakeholders, including investors, industry analysts and elected officials."
Heminger added, "I am appreciative of Garry's many years of service and
commitment to the company. I wish him and his family well in the coming years."
Mr. Peiffer began his career with Marathon Oil Company in 1974. During his
career, he held a variety of management positions with increasing
responsibilities. These responsibilities included supervisor of employee savings
and retirement plans, controller of Speedway Petroleum Corporation and numerous
other marketing and logistics positions. In 1987, Mr. Peiffer was appointed to
the president's Commission on Executive Exchange serving for a year in the
Pentagon as special assistant to the assistant secretary of defense for
production and logistics. In 1988, he returned to Marathon Oil and was named
vice president of Finance and Administration for Emro Marketing Company. He
served as assistant controller, Refining, Marketing and Transportation beginning
in 1992. Mr. Peiffer was named senior vice president of Finance and Commercial
Services for Marathon Ashland Petroleum LLC in 1998. He was named to his current
position in July 2011. In 2012, he also became president of MPLX GP LLC and
serves on its board of directors.
Mr. Peiffer is a member of the Blanchard Valley Health System board of trustees;
the Blanchard Valley Port Authority board; the Fifth Third Bank (Northwestern
Ohio) board of directors; and the Findlay-Hancock County Community Foundation
board of trustees.
Mr. Peiffer graduated from Bowling Green State University with a bachelor's
degree in accounting.
###
About Marathon Petroleum Corporation
MPC is the nation's fourth-largest refiner, with a crude oil refining capacity
of approximately 1.7 million barrels per calendar day in its seven-refinery
system. Marathon brand gasoline is sold through approximately 5,100
independently owned retail outlets across 18 states. In addition, Speedway LLC,
an MPC subsidiary, owns and operates the nation's fourth-largest convenience
store chain, with approximately 1,470 convenience stores in nine states. MPC
also owns, leases or has ownership interests in approximately 8,300 miles of
pipeline. 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, feedstocks and petroleum-related
products efficiently through the company's distribution network in the Midwest,
Southeast and Gulf Coast regions. For additional information about the company,
please visit our website at http://www.marathonpetroleum.com.
Investor Relations Contacts: Media Contact:
Pamela Beall (419) 429-5640 Angelia Graves
(419) 421-2703
Beth Hunter (419) 421-2559
Geri Ewing (419) 421-2071
MPC Announces Retirement of Garry L. Peiffer:
http://hugin.info/147922/R/1743435/586478.pdf
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Source: Marathon Petroleum Corporation via Thomson Reuters ONE
[HUG#1743435]
Unternehmensinformation / Kurzprofil:
Datum: 15.11.2013 - 14:40 Uhr
Sprache: Deutsch
News-ID 317160
Anzahl Zeichen: 4756
contact information:
Town:
Findlay, Ohio
Kategorie:
Business News
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