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More Leadership Changes at Marathon Petroleum

CFO change prompted by Speedway president’s retirement
Photograph courtsey of Marathon Petroleum

FINDLAY, Ohio — Donald Templin, Marathon Petroleum Corp.'s president of refining, marketing and supply, has been appointed executive vice president and CFO, effective July 1, the company said. Templin replaces Timothy Griffith as CFO, who has been appointed president of Marathon Petroleum subsidiary Speedway LLC with the retirement of Tony Kenney.

Templin joined Marathon Petroleum as senior vice president and CFO in 2011, and he also became CFO of midstream subsidiary MPLX GP LLC in 2012. Since 2015, he has led segments of MPC's commercial business, most recently as president of refining, marketing and supply since 2018, and as president of MPLX GP LLC from 2016 to 2017.

"Don's detailed understanding of our business segments and commercial value strengthens our ability to deliver our strategic plans and commitments," said MPC Chairman and CEO Gary Heminger. "This past year has been transformative for MPC, and Don has expertly guided our teams in managing the complexities of combining two large, successful companies. In his new role, I'm confident he will uncover further opportunities to capture value and unlock profitable growth."

  • Marathon Petroleum subsidiary Speedway is No. 3 in the Top 40 update to CSP’s 2018 Top 202 ranking of c-store chains by number or retail outlets.

Findlay, Ohio-based Marathon Petroleum operates 16 refineries and a marketing system that includes about 7,800 branded U.S. locations, including about 5,600 Marathon retail outlets. Its Speedway subsidiary owns and operates about 4,000 c-stores nationwide. MPC also owns the general partner and majority limited partner interests in two midstream companies, MPLX LP and Andeavor Logistics LP, which own and operate gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.

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