Marathon Petroleum Corp. buckled under pressure from shareholders and announced the spinoff of its retail fuel-station business and the departure of its Chairman and Chief Executive Officer, just Marathon Petroleum Plans to Spin Off Speedway: Report FINDLAY, Ohio — Marathon Petroleum Corp. is preparing to spin off its retail gas-station and convenience-store network and considering changes to its executive leadership to satisfy activist shareholders, sources familiar with the matter told The Wall Street Journal. Marathon Petroleum chief Gary Heminger will retire next year after almost a decade in charge, the U.S. refiner said on Thursday, as it announced plans to spin off its gas station business Speedway

Marathon Petroleum Corp. buckled under pressure from shareholders and announced the spinoff of its retail fuel-station business and the departure of its Chairman and Chief Executive Officer, just Marathon Petroleum Plans to Spin Off Speedway: Report FINDLAY, Ohio — Marathon Petroleum Corp. is preparing to spin off its retail gas-station and convenience-store network and considering changes to its executive leadership to satisfy activist shareholders, sources familiar with the matter told The Wall Street Journal. Marathon Petroleum chief Gary Heminger will retire next year after almost a decade in charge, the U.S. refiner said on Thursday, as it announced plans to spin off its gas station business Speedway FINDLAY, Ohio — After a 10-month strategic review process, Marathon Petroleum Corp. (MPC) is spinning off Speedway LLC. The retail network will become an independent company by year-end 2020.

31 Oct 2019 Marathon Petroleum (MPC) to spin-off Speedway into independent company, Forms Special Committee to enhance midstream review.

28 Oct 2019 Oil refiner Marathon Petroleum Corp. is preparing to spin off its gas-station chain and considering shaking up its executive leadership to  12 Nov 2019 Marathon Petroleum says it will spin off its Speedway retail unit next year Marathon split with independent Marathon Oil in 2011, then bought  31 Oct 2019 Heminger, who joined the company in 1975, has served as president and CEO since the company's spinoff from Marathon Oil in 2011, and as  In connection with the Spin-off (as defined below), Marathon Petroleum an Employee Matters Agreement (the “EMA”) with Marathon Oil Corporation (“MRO”) . 31 Oct 2019 The stock slipped Thursday after the oil refiner said that it would spin off its Speedway gas station chain and that CEO Gary Heminger would  Marathon Petroleum Corp. spun off from Houston-based Marathon Oil in 2011. But it's to the limit by company growth since its 2011 spinoff from Marathon Oil. 25 Sep 2019 Marathon Petroleum was spun off from Marathon Oil Corp. in 2011 and it has faced several activist battles since. Elliott's 2016 push came after 

Marathon Petroleum chief Gary Heminger will retire next year after almost a decade in charge, the U.S. refiner said on Thursday, as it announced plans to spin off its gas station business Speedway

25 Jun 2019 Marathon Oil shareholders prior to the spinoff now face several options. Do they sell their Marathon Pete shares? Or how about selling their  25 May 2011 News Releases. News Release. Marathon Oil Corporation's Board of Directors Approves Spin-Off of Marathon Petroleum Corporation. 31 Oct 2019 Marathon Petroleum chief Gary Heminger will retire next year, when his current term ends, after almost a decade in charge. The company also  31 Oct 2019 Heminger, who became CEO after the refining business was spun off from Marathon Oil Corp. in June, 2011. Last year, Mr. Heminger, who is also  13 Jan 2011 Marathon Oil announced plans to spin off its downstream business, while the second, the Marathon Petroleum Corporation, will deal with 

In July 2011, Marathon completed the spin-off of its refining/sales business into a separate, independent and publicly traded company Marathon Petroleum 

of Marathon Oil until a corporate spin-off in 2011. Following its acquisition of Andeavor on October 1, 2018, Marathon Petroleum became the largest petroleum  1 Jan 2020 Marathon Oil Corporation, and Marathon Oil Sands USA, Inc., as structured on the date of the Spin-off of Marathon Petroleum Corporation and  1 Nov 2019 Marathon spin-off of Speedway to give Enon new corporate HQ. As Marathon Petroleum spins off Speedway, the Dayton-Springfield area will than three million barrels per day of crude oil capacity across 16 refineries. 31 Oct 2019 Elliott had called on Findlay, Ohio-based Marathon, the second-largest U.S. oil refiner, to improve its performance by breaking itself up into three  Marathon Petroleum Corp. buckled under pressure from shareholders and announced the spinoff of its retail fuel-station business and the departure of its Chairman and Chief Executive Officer, just

Marathon Petroleum Corp. buckled under pressure from shareholders and announced the spinoff of its retail fuel-station business and the departure of its Chairman and Chief Executive Officer, just

28 Oct 2019 Oil refiner Marathon Petroleum Corp. is preparing to spin off its gas-station chain and considering shaking up its executive leadership to  12 Nov 2019 Marathon Petroleum says it will spin off its Speedway retail unit next year Marathon split with independent Marathon Oil in 2011, then bought 

13 Jan 2011 Marathon Oil announced plans to spin off its downstream business, while the second, the Marathon Petroleum Corporation, will deal with