Summary
MPLX LP (MPLX) announced a change to its Board of Directors on November 16, 2022. The board size was increased to ten members with the election of Christine S. Breves as a new director. Ms. Breves is expected to contribute to key board committees, specifically the audit and conflicts committees, suggesting a focus on financial oversight and related-party transaction management.
Key Highlights
- 1MPLX LP's Board of Directors size increased to ten members.
- 2Christine S. Breves was elected as a new director, effective November 16, 2022.
- 3Ms. Breves is anticipated to serve on the audit committee.
- 4Ms. Breves is also expected to serve on the conflicts committee.
- 5As a non-employee director, Ms. Breves will be compensated according to the company's established non-employee director compensation structure.
- 6The compensation details for non-employee directors were previously disclosed in the 2021 Form 10-K.