JOURNAL ARTICLE

Marathon Petroleum just named its first female CEO— and it's showing a trend for the CFO as a C-suite powerplayer.

  • Published In: Fortune.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Estrada, Sheryl 3 of 3

Abstract

The article focuses on the announcement that Maryann T. Mannen will become the new CEO of Marathon Petroleum, effective August 1, making her the first female CEO in the company's history. Mannen, who has been with Marathon since 2021 as EVP and CFO, previously held similar roles at TechnipFMC and FMC Technologies. Her leadership will prioritize safety, environmental, and operational performance, and she is expected to leverage her extensive financial expertise as the company navigates the energy sector. The transition follows Michael J. Hennigan's move to executive chairman, with the board expressing unanimous support for Mannen's leadership. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2024/05, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2024
  • Accession Number:177251649
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