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Marathon Petroleum Corp.
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Marathon Petroleum Corp.

Marathon Petroleum Appoints New CFO

๐Ÿ“„ 8-K ๐Ÿข Energy

Summary

Marathon Petroleum Corporation announced the appointment of Maria A. Khoury as its new Executive Vice President and Chief Financial Officer, effective January 19, 2026. Khoury, with extensive experience in global finance leadership, including roles in oil and gas, will succeed John J. Quaid. Her appointment is expected to support the company's strategic objectives and financial planning. Khoury's compensation includes an annual base salary, performance-based bonuses, long-term incentives, and a one-time grant of restricted stock units.

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New CFO Appointed

About Marathon Petroleum Corp.

Marathon Petroleum Corp. is a leading integrated downstream energy company within the United States. Its primary function is to refine crude oil and distribute petroleum products, playing a pivotal role in the energy sector. Marathon Petroleum operates one of the largest refining systems in the nation, with refineries strategically located across the country, providing widespread access to key markets. The company is known for producing a variety of petroleum products, including gasoline, diesel, aviation fuels, and petrochemicals, which are essential to various sectors such as transportation, industrial, and residential markets. Marathon Petrol's comprehensive logistics network, including pipelines, terminals, and marine fleets, supports its extensive distribution capabilities. Moreover, its retail operations through the Speedway brand further enhance its market presence. Marathon Petroleum Corp. is significant in the energy market, contributing to the stability and efficiency of fuel supply and consumption patterns, thus impacting both local and national economic landscapes.

Exchange: NYSE Industry: Oil & Gas Refining & Marketing Company Website โ†’

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