Marathon Petroleum Corp. (NYSE: MPC) announced today that board memberJohn P. Surmahas been elected by the board of directors to serve as non-executive chairman of the board. MPC also announced today that MPC President and Chief Executive OfficerMichael J. Henniganhas been elected to serve as a member of the board...

Marathon Petroleum Corp.(MPC) has appointed Jonathan Cohen to the companys board of directors, followingan agreement with Elliott Management...

FINDLAY, Ohio,Dec. 16, 2019/PRNewswire/ -- Marathon Petroleum Corp. (NYSE:MPC) today announced that it has entered into an agreement with Elliott Management and will appointJonathan Z. Cohento the company's board of directors, effectiveDec. 16, 2019...

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 five weeks after activist investor Elliott Management Corp. went public with demands for a radical overhaul of the company. Marathon confirmed the plan Thursday, along with a review of its pipeline business...

Those of you who we have spoken with agree that the board must immediately modernize corporate governance , institute more transparent financial...

If theres one thing that gets people more upset than high CEO pay , its when companies pay CEOs absurdly more than rank-and-file employees. Many big companies pay their CEOs 100 or even 300 times more than their typical workers. But the Wall Street Journal reports that one firm based in Ohio paid its CEO a whopping 935 times more than its median worker last year...