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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Results of Operations and Financial Condition On May 5, 2026, Marathon Petroleum Corporation issued a press release announcing its financial results for the quarter ended March 31, 2026. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Information in this
shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”), or otherwise incorporated by reference into any filing pursuant to the Securities Act of 1933, as amended, or the Exchange Act except as otherwise expressly stated in such a filing.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information in
Termination of a Material Definitive Agreement. The New MPC Credit Agreement replaced MPC’s previously existing $5.0 billion credit agreement, dated as of July 7, 2022 (the “2022 MPC Credit Agreement”), by and among MPC, JPMorgan Chase Bank, N.A., as administrative agent, and the various other commercial lending institutions that were party thereto. The 2022 MPC Credit Agreement was terminated in connection with and as a condition to the availability of the lending and credit commitments unde…
Entry into a Material Definitive Agreement. MPC Credit Agreement On April 7, 2026, Marathon Petroleum Corporation, a Delaware corporation (“MPC”), entered into a $5.0 billion, five-year Revolving Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, each of JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, Barclays Bank PLC, BofA Securities, Inc., Citibank, N.A., Goldman Sachs Bank USA, Mizuho Bank, Ltd., MUFG Bank, Ltd., RBC Capital Markets, Sumitomo Mitsui Banking…
Results of Operations and Financial Condition On February 3, 2026, Marathon Petroleum Corporation issued a press release announcing its financial results for the quarter and year ended December 31, 2025. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Information in this
Chief Financial Officer — Maria A. Khoury: Marathon Petroleum Corporation hired Maria A. Khoury as its new Chief Financial Officer from Danaher Corporation.
Executive Vice President, Refining — Timothy J. Aydt: Mr. Aydt is retiring and will be succeeded by Mike Henschen.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 20, 2025, Susan Tomasky notified the Board of Directors (the "Board") of Marathon Petroleum Corporation (the “Company”) of her decision to retire from the Board effective upon the conclusion of the Company's 2025 annual meeting of shareholders, to be held April 30, 2025. Ms. Tomasky's decision to retire from the Board was not the result…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 30, 2024, the Board of Directors (the “Board”) of Marathon Petroleum Corporation (the “Company”) increased the size of the Board to fifteen members and elected Jeffrey C. Campbell as a director of the Company, with such increase in the size of the Board and election effective as of November 11, 2024. Mr. Campbell was appointed to serve o…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 31, 2024, the board of directors of the Company approved the compensation changes below in connection with the appointment of Ms. Mannen and the transition of Mr. Hennigan. Effective August 1, 2024, Ms. Mannen's annualized base salary was increased to $1,400,000, and her target bonus opportunity under the Company’s annual cash bonus (“ACB”)…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 26, 2024, the Board of Directors (the “Board”) of Marathon Petroleum Corporation (the “Company”) increased the size of the Board to thirteen members and elected Ms. Eileen P. Drake and Ms. Kimberly N. Ellison-Taylor as directors of the Company, with such increase in the size of the Board and elections effective as of March 1, 2024. Ms. D…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Principal Accounting Officer Effective January 8, 2024, Marathon Petroleum Corporation (the "Company") appointed Erin M. Brzezinski as Vice President and Controller. In this capacity, Ms. Brzezinski will be the Company’s principal accounting officer. Ms. Brzezinski is succeeding C. Kristopher Hagedorn, who ceased to serve as Senior V…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 29, 2023, Suzanne Gagle, General Counsel and Senior Vice President, Government Affairs of Marathon Petroleum Corporation (the “Company”), notified the Company of her intention to retire from the Company, following over 30 years of service, to be effective January 5, 2024. Molly R. Benson, who currently serves as the Company’s Vice Presid…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 15, 2023, Toni Townes-Whitley notified the Board of Directors (the “Board”) of Marathon Petroleum Corporation (the “Company”) of her decision to resign from the Board effective June 30, 2023 as a result of her recent appointment as chief executive officer of another company and in consideration of her additional time commitments associated w…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 27, 2023, the Board of Directors (the “Board”) of Marathon Petroleum Corporation (the “Company”) increased the size of the Board to twelve members and elected Ms.Toni Townes-Whitley as a director of the Company, with such increase in the size of the Board and election effective as of March 1, 2023. Ms. Townes-Whitley was appointed to ser…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Marathon Petroleum Corporation (the “Company”) previously reported that Raymond L. Brooks, Executive Vice President, Refining notified the Company of his intention to retire effective September 9, 2022. Mr. Brooks’ retirement date has been extended two weeks to September 23, 2022.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 2, 2022, Raymond L. Brooks, Executive Vice President, Refining, of Marathon Petroleum Corporation (the “Company”), notified the Company of his intention to retire from the Company, following over 43 years of service, to be effective September 9, 2022. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the regis…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Appointment of Principal Accounting Officer On July 30, 2021, the board of directors of Marathon Petroleum Corporation (the “Company”) appointed C. Kristopher Hagedorn as Senior Vice President and Controller effective September 1, 2021. In this capacity, Mr. Hagedorn will be the Company’s principal accounting officer. Mr. Hagedorn, 45, has served as…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The term of the unpaid advisory service of Donald C. Templin, former Executive Vice President and Chief Financial Officer, will conclude on August 1, 2021. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.…
Termination of a Material Definitive Agreement. On June 17, 2021, Marathon Petroleum Corporation (the “Company”) provided notice to terminate, effective June 18, 2021, its $1.0 billion 364-day revolving credit agreement (the “September 2020 MPC 364-Day Credit Agreement”), dated as of September 23, 2020, by and among the Company, as borrower, the banks party thereto and JPMorgan Chase Bank, N.A. as administrative agent , which was scheduled to expire on September 27, 2021 . There were no borro…
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