MPLX Vice President of Operations Craig O. Pierson to retire
(Thomson Reuters ONE) -
FINDLAY, Ohio, Nov. 28, 2016 - MPLX LP (NYSE: MPLX) today announced the
retirement of Craig O. Pierson, vice president of Operations of MPLX GP LLC,
MPLX's general partner, and president of MPLX's subsidiary, Marathon Pipe Line
LLC, effective Jan. 1. Timothy J. Aydt, who is currently general manager,
Terminal, Transport & Rail at Marathon Petroleum Corporation (NYSE: MPC), will
replace Pierson as vice president of Operations and president of Marathon Pipe
Line and report to John Swearingen, MPC senior vice president of Transportation
and Logistics and vice president, Crude Oil and Refined Products Pipelines of
MPLX's general partner
Pierson joined Marathon in 1978 as a pipeline engineer and held numerous
positions of increasing responsibility in pipeline, transportation and logistics
and has had experience in the marketing sector. Pierson was named vice president
of operations for Marathon Pipe Line in 2005 and assumed the role of president
in 2011.
"Craig has made significant and lasting contributions to the pipeline
organization, leading its growth into the flexible and integrated system we
operate today," said MPLX President Donald C. Templin. "His expertise and focus
on safety, environmental performance and operational excellence have contributed
to our reputation as one of the most respected pipeline operators in the nation.
All of us at MPLX and MPC thank him for his decades of service and wish him well
in retirement."
Aydt began his career with MPC in 1985 as a pipeline engineer. He has held
senior management positions throughout the company, including assignments in
Marketing & Transportation Engineering and at MPC's refineries in Detroit and
Robinson, Illinois. Aydt was named general manager of Terminal, Transport & Rail
in 2013, following the completion of the $2.2 billion Detroit Heavy Oil Upgrade
Project, where he served as project director. Aydt graduated from the University
of Missouri-Rolla with a bachelor's degree in mechanical engineering. He will
remain in Findlay.
"We are fortunate to be able to tap Tim's comprehensive experience to run the
pipeline operation," Templin said. "We anticipate his leadership will contribute
to the value-enhancing growth we are pursuing in our pipeline system."
###
About MPLX LP
MPLX is a diversified, growth-oriented master limited partnership formed in
2012 by Marathon Petroleum Corporation to own, operate, develop and acquire
midstream energy infrastructure assets. We are engaged in the gathering,
processing and transportation of natural gas; the gathering, transportation,
fractionation, storage and marketing of NGLs; and the transportation and storage
of crude oil and refined petroleum products. Headquartered in Findlay, Ohio,
MPLX's assets consist of a network of common carrier crude oil and products
pipeline assets located in the Midwest and Gulf Coast regions of the United
States, an inland marine business, a butane storage cavern located in West
Virginia with approximately one million barrels of storage capacity, crude oil
and product storage facilities (tank farms) with approximately 4.5 million
barrels of available storage capacity, a barge dock facility with approximately
78,000 barrels per day of crude oil and product throughput capacity and
gathering and processing assets that include more than 5,500 miles of gas
gathering and NGL pipelines, 54 gas processing plants, 13 NGL fractionation
facilities and two condensate stabilization facilities.
Investor Relations:
Lisa D. Wilson, 419-421-2071
Doug Wendt, 419-421-2423
Media Relations:
Chuck Rice, 419-421-2521
Pierson to retire:
http://hugin.info/155038/R/2059899/772180.pdf
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: MPLX LP via GlobeNewswire
Datum: 28.11.2016 - 22:15 Uhr
Sprache: Deutsch
News-ID 509510
Anzahl Zeichen: 4534
contact information:
Town:
FINDLAY
Kategorie:
Business News
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