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FINDLAY, Ohio, Aug 21, 2015 - (ACN Newswire) - Marathon Petroleum Corporation (NYSE: MPC) today announced the appointment of Tom Kaczynski to the position of vice president of finance and treasurer, effective Aug. 31.
"It's a pleasure for us to welcome Tom to Marathon Petroleum," said Tim Griffith, senior vice president and chief financial officer. "He brings broad experience in the capital markets, managing corporate capital structures, and an extensive background in capital allocation strategies that balance the interests of various stakeholders across diverse situations. His skills and experience will be instrumental as MPC continues to focus on these important areas."
At MPC, Kaczynski will have responsibilities for capital structure, cash and banking, capital budgeting, financial planning and analysis, investor relations, insurance and commercial credit. He will report to Griffith.
Kaczynski comes to MPC from Goodyear Tire and Rubber Company, where he served as vice president and treasurer. In that role, he was responsible for all insurance, capital market, cash management, treasury accounting, risk management, and banking and ratings agency relationships.
Kaczynski began his career with Ford Motor Company, starting as a financial analyst and moving up to international financing manager in its corporate treasury department. He then worked at Visteon Corporation as director of affiliate finance and of capital markets and bank relations before moving to Affinia Group Inc., where he served as vice president and corporate treasurer. At Affinia Group, Kaczynski managed liquidity through a multiyear restructuring program, developed strategies for financing international acquisitions and greenfield operations, managed investor relations, and managed all relationships with investment and commercial banks and credit ratings agencies.
Kaczynski earned a Bachelor of Science in engineering from Michigan State University in 1985, a Master of Science in engineering from Oklahoma State University in 1987 and a Master of Business Administration in International Business and Finance from the University of Chicago in 1992.
About Marathon Petroleum Corporation
MPC is the nation's fourth-largest refiner, with a crude oil refining capacity of approximately 1.7 million barrels per calendar day in its seven-refinery system. Marathon brand gasoline is sold through approximately 5,500 independently owned retail outlets across 19 states. In addition, Speedway LLC, an MPC subsidiary, owns and operates the nation's second-largest convenience store chain, with approximately 2,760 convenience stores in 22 states. MPC also owns, leases or has ownership interests in approximately 8,300 miles of pipeline. Through subsidiaries, MPC owns the general partner of MPLX LP, a midstream master limited partnership. MPC's fully integrated system provides operational flexibility to move crude oil, feedstocks and petroleum-related products efficiently through the company's distribution network in the Midwest, Southeast and Gulf Coast regions. For additional information about the company, please visit our website at http://www.marathonpetroleum.com.
Investor Relations Contacts:
Geri Ewing +1-419-421-2071
Teresa Homan +1-419-421-2965
Media Contacts:
Chuck Rice +1-419-421-2521
Jamal Kheiry +1-419-421-3312
MPC VP Finance and Treasurer: http://hugin.info/147922/R/1946850/706685.pdf
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Marathon Petroleum Corporation via Globenewswire
Topic: Executive appointment
Source: Marathon Petroleum Corporation
https://www.acnnewswire.com
From the Asia Corporate News Network
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