Two Marathon Petroleum executives retire; successors appointed

Thomas J. Usher, chairman of the board of Marathon Petroleum Corp. (NYSE: MPC) will retire following the company's Annual Meeting of Shareholders on April 27. Additionally, J. Michael Wilder, vice president, general counsel, and secretary, retired from MPC on March 1.

Pursuant to Usher’s pending retirement, MPC's board of directors has elected Gary R. Heminger, the company's president and CEO, to succeed Usher as chairman in addition to his current duties, effective April 27.

Heminger joined Marathon in 1975. Throughout four decades with the company, he has worked in a variety of groups and functions, including auditing, marketing, and commercial roles, and in Marathon's pipeline subsidiary. He held several executive positions in Marathon's downstream business, and was appointed president of Marathon Petroleum Co., a wholly owned subsidiary of Marathon, in 2001. In addition, he served as an executive vice president of Marathon Oil and as a member of Marathon Oil's executive committee. He was named to his current position on July 1, 2011. Heminger is also chairman of the board and CEO of MPLX GP LLC (NYSE: MPLX).

In another move, the board announced that David A. Daberko has been elected to the new position of lead director. As lead director, Daberko will chair meetings of the non-management directors, approve board meeting agendas and serve as a liaison. These transitions are a part of the board's comprehensive succession planning process. Daberko, who served as chairman and CEO of National City Corp. for 12 years, joined the MPC board in 2011. He also serves as an MPLX director.

Related to Wilder’s retirement, Suzanne Gagle, currently an assistant general counsel, will assume the role of vice president and general counsel, and Molly Benson, also an assistant general counsel, will assume the role of vice president, corporate secretary, and chief compliance officer.

Gagle began her career with MPC in 1992 and has held several positions within the Law Organization, including senior group counsel for MPC Operations. She assumed her current role as assistant general counsel with MPC's Law Litigation and Human Resources organization in 2011. Gagle graduated from the University of Toledo with a bachelor's degree in business administration in 1987 and earned her Juris Doctor degree from the University of Toledo in 1992. She will report to Heminger.

Benson began her career with MPC in 1998 and has held several positions within the Law Organization, where she supported both MPC Operations and corporate organizations. She was appointed to her current position as assistant general counsel for all corporate and finance activities in 2012. Benson graduated from Ohio State University with a bachelor's degree in political science in 1987. She received her Juris Doctor degree from the University of Toledo in 1997. She will report to Gagle.

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