Marathon Petroleum Corp. Statement on the Passing of Board Member Steven A. Davis

Rhea-AI Summary

On July 12, 2022, Marathon Petroleum Corp. (MPC) expressed profound sorrow over the passing of long-serving board member Steve Davis. Chairman John Surma emphasized Davis's vibrant contribution and friendship, noting the significant loss to the organization. Davis had been a board member for nine years, bringing invaluable insights to the company's operations. Marathon Petroleum remains a key player in the energy sector, operating the largest refining system in the U.S. and owning a significant interest in MPLX LP, enhancing its market presence.

Positive

• Davis's nine years on the board contributed valuable insights to the company.
• The passing of a board member may prompt fresh perspectives in board dynamics.

Negative

• Loss of board expertise with Steve Davis's passing may impact strategic decisions.
• Concerns over continuity in leadership and experience gap following Davis's departure.

FINDLAY, Ohio, July 12, 2022 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) issued the following statement from John Surma, chairman of the board of directors, on the passing last weekend of its long-serving board member Steve Davis.  

"We are so saddened by Steve's passing and the loss of such a vibrant voice on our board. On behalf of our entire Marathon organization, we offer our sincerest and deepest sympathies to the Davis family. We will miss Steve's valuable contributions to our business, his friendship and his uplifting spirit."

Mr. Davis served as a member of the Marathon Petroleum Corporation Board of Directors for nine years.

About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure. More information is available at www.marathonpetroleum.com.

Investor Relations Contacts: (419) 421-2071
Kristina Kazarian, Vice President
Brian Worthington, Manager
Kenan Kinsey, Analyst

Media Contact: (419) 421-3312
Jamal Kheiry, Communications Manager

View original content:https://www.prnewswire.com/news-releases/marathon-petroleum-corp-statement-on-the-passing-of-board-member-steven-a-davis-301585136.html

SOURCE Marathon Petroleum Corporation

FAQ

What was the significance of Steve Davis's role at Marathon Petroleum?

Steve Davis served on the Marathon Petroleum Board of Directors for nine years, providing valuable insights critical for strategic decisions.

When did Steve Davis pass away?

Steve Davis passed away the weekend prior to July 12, 2022.

How might Steve Davis's passing affect Marathon Petroleum?

His departure could impact board continuity and strategic decision-making due to the loss of his experience and insights.

What did Marathon Petroleum's chairman say about Steve Davis?

Chairman John Surma expressed deep sadness over Davis's passing, highlighting his contributions and uplifting spirit.