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Marathon Petroleum 8-K Report, Executive Changes (Apr 30, 2025)

Reports
Leadership Changes
Filing Date
Filed April 30, 2025
Period End
April 28, 2025
Security
MPC
In the record · 2016–202610-K1110-Q338-K156

MPC filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 156 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · May ’19May ’19
  2. Deal closed8-K · May ’21May ’21
  3. Leadership change8-K · Jan ’23Jan ’23
  4. Leadership change8-K · Oct ’26Oct ’26

01—Abstract

Summary

Summary of the 8-K filed April 30, 2025. Cited figures are marked; the original filing is the authoritative source.

Marathon Petroleum Corporation (MPC) announced a significant leadership transition within its refining segment.

Timothy J. Aydt, Executive Vice President of Refining, will retire on September 2, 2025, after a distinguished career of over 40 years with the company.

This change marks the end of an era for a key executive who has contributed significantly to MPC's operations. Mr. Aydt will remain with the company in a non-executive capacity from June 1, 2025, through his retirement to ensure a smooth handover and assist with ongoing initiatives.

02—Key points

Key Highlights

  1. Executive Vice President of Refining, Timothy J. Aydt, to retire effective September 2, 2025.
  2. Mr. Aydt has served Marathon Petroleum for over 40 years.
  3. Mike Henschen appointed as the successor to Mr. Aydt, effective June 1, 2025.
  4. Mr. Aydt will provide transition support in a non-executive role from June 1, 2025, until his retirement.
  5. The transition is aimed at ensuring continuity in the refining segment's leadership and operations.
  6. This filing primarily concerns a management change, with no immediate financial results or strategic shifts disclosed.

03—Questions

Frequently Asked Questions

  1. Who is stepping down and when?

    Timothy J. Aydt, Executive Vice President, Refining, is retiring from his officer position effective September 2, 2025.

  2. Who will replace Timothy J. Aydt?

    Mike Henschen will succeed Mr. Aydt as Executive Vice President, Refining, starting June 1, 2025.

  3. Will Timothy J. Aydt be involved after his retirement date?

    Yes, Mr. Aydt will remain with the company in a non-executive officer role from June 1, 2025, until his retirement on September 2, 2025, to assist with the transition and other initiatives.

  4. Does this 8-K filing contain any financial information or guidance?

    No, this specific 8-K filing is solely to report a change in executive officers and does not contain financial results or forward-looking guidance.

04—Continue

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