Marathon Petroleum announces executive changes

Marathon Petroleum Corporation President and Chief Executive Officer Gary R. Heminger has announced a series of key management changes at MPC headquarters, including the appointments of Donald C. Templin as Executive Vice President, Supply, Transportation and Marketing, and Timothy T. Griffith as Senior Vice President and Chief Financial Officer.

Templin, who has served as Senior Vice President and Chief Financial Officer since June 2011, will provide executive oversight for Supply, Distribution and Planning, Marketing, Transportation and Logistics, and Business Development.

"Don has provided outstanding stewardship of our financial affairs and demonstrated valuable leadership in our first years as a standalone public company, which has been enormously beneficial to our stakeholders," said Heminger. "He has also been instrumental in our strategic growth activities, including the acquisition of the Galveston Bay Refinery, the creation of MPLX LP and our recent purchase of Hess' retail assets. I am confident that he will continue to strengthen our company's future as he applies his commercial skills on the operating side of our business."

Griffith joined MPC in August 2011 as Vice President of Finance and Treasurer, and assumed responsibility for investor relations in early 2014. In his new role, he will oversee the Accounting and Controller's group, Information Technology, Tax, Finance and Investor Relations, and will continue to serve as Treasurer.

"Tim's leadership, financial acumen and proven ability to effectively communicate with investors have helped us build on the strong relationships we already have while forging new ones within the global investment community," Heminger said. "In his new role, Tim will remain an instrumental part of that ongoing focus."

In addition to the changes outlined above, Heminger announced that George P. Shaffner has been appointed as Senior Vice President, Health, Environment, Safety and Security, and John S. Swearingen has been appointed as Senior Vice President, Transportation and Logistics.

"We are very fortunate to have the deep bench strength needed to enable the members of our executive leadership team to seamlessly change responsibilities in order to maintain a strong succession model," Heminger said. "George's extensive operating experience and strong commitment to our environmental and safety values will greatly benefit our Health, Environment, Safety and Security function, while John's breadth of refining experience and previous role as President of Marathon Pipe Line LLC will serve the Transportation and Logistics organisation well."

Furthermore, James P. Heintschel has been appointed in the newly created role of Vice President, Business Development. Heintschel served as Business Development director prior to this appointment. A native of Toledo, Ohio, Heintschel began his MPC career in 1978 in the Treasury organisation in Findlay. He has since held various positions of increased responsibility in the Treasury, Supply and Transportation, Auditing, Accounting and Purchasing organisations. He transferred to Springfield, Ohio, in 1988, where he served as manager, Commercial Services, for Emro Marketing Company, the predecessor to Speedway LLC. In 1995, Heintschel returned to Findlay as Manager, Pricing and Allocation in the Marketing organization. In 2002, he was named manager, Special Products Marketing. He assumed the role of director, Business Development, in January 2010.

"I am delighted to welcome Jay to our executive leadership team," said Heminger. "His strong strategic expertise, astute commercial skills and track record as a leader will ensure that our company is well-positioned for business growth across all of our focus areas."

All executives involved in the moves will remain at MPC's headquarters in Findlay. These appointments are effective immediately.

Adapted from press release by Rosalie Starling

Read the article online at: https://www.hydrocarbonengineering.com/refining/05032015/marathon-petroleum-announces-executive-changes-378/