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The latest announcement is out from MPLX LP (MPLX).
MPLX LP announced significant leadership changes with Maryann T. Mannen set to take over as President and CEO from Michael J. Hennigan on August 1, 2024. Mannen brings a wealth of experience from her time with Marathon Petroleum Corporation and TechnipFMC. Hennigan will transition to Executive Chairman of the board, while Mannen will also assume the CEO position at MPC, demonstrating a strategic reshuffle at the top of one of the industry’s key players. Their compensation packages, including base salaries, bonuses, and long-term incentives, reflect their pivotal roles in steering the company forward.
For detailed information about MPLX stock, go to TipRanks’ Stock Analysis page.