MPLX Vice President of Operations Craig O. Pierson to retire
29 November 2016 - 8:15AM
FINDLAY, Ohio, Nov.
28, 2016 - MPLX LP (NYSE: MPLX) today announced the retirement
of Craig O. Pierson, vice president of Operations of MPLX GP LLC,
MPLX's general partner, and president of MPLX's subsidiary,
Marathon Pipe Line LLC, effective Jan. 1. Timothy J. Aydt, who is
currently general manager, Terminal, Transport & Rail at
Marathon Petroleum Corporation (NYSE: MPC), will replace Pierson as
vice president of Operations and president of Marathon Pipe Line
and report to John Swearingen, MPC senior vice president of
Transportation and Logistics and vice president, Crude Oil and
Refined Products Pipelines of MPLX's general partner
Pierson joined Marathon in 1978 as a pipeline
engineer and held numerous positions of increasing responsibility
in pipeline, transportation and logistics and has had experience in
the marketing sector. Pierson was named vice president of
operations for Marathon Pipe Line in 2005 and assumed the role of
president in 2011.
"Craig has made significant and lasting
contributions to the pipeline organization, leading its growth into
the flexible and integrated system we operate today," said MPLX
President Donald C. Templin. "His expertise and focus on safety,
environmental performance and operational excellence have
contributed to our reputation as one of the most respected pipeline
operators in the nation. All of us at MPLX and MPC thank him for
his decades of service and wish him well in retirement."
Aydt began his career with MPC in 1985 as a pipeline engineer. He
has held senior management positions throughout the company,
including assignments in Marketing & Transportation Engineering
and at MPC's refineries in Detroit and Robinson, Illinois. Aydt was
named general manager of Terminal, Transport & Rail in 2013,
following the completion of the $2.2 billion Detroit Heavy Oil
Upgrade Project, where he served as project director. Aydt
graduated from the University of Missouri-Rolla with a bachelor's
degree in mechanical engineering. He will remain in
Findlay.
"We are fortunate to be able to tap Tim's comprehensive experience
to run the pipeline operation," Templin said. "We anticipate his
leadership will contribute to the value-enhancing growth we are
pursuing in our pipeline system."
###
About MPLX LP
MPLX is a diversified, growth-oriented master
limited partnership formed in 2012 by Marathon Petroleum
Corporation to own, operate, develop and acquire midstream energy
infrastructure assets. We are engaged in the gathering, processing
and transportation of natural gas; the gathering, transportation,
fractionation, storage and marketing of NGLs; and the
transportation and storage of crude oil and refined petroleum
products. Headquartered in Findlay, Ohio, MPLX's assets consist of
a network of common carrier crude oil and products pipeline assets
located in the Midwest and Gulf Coast regions of the United States,
an inland marine business, a butane storage cavern located in West
Virginia with approximately one million barrels of storage
capacity, crude oil and product storage facilities (tank farms)
with approximately 4.5 million barrels of available storage
capacity, a barge dock facility with approximately 78,000 barrels
per day of crude oil and product throughput capacity and gathering
and processing assets that include more than 5,500 miles of gas
gathering and NGL pipelines, 54 gas processing plants, 13 NGL
fractionation facilities and two condensate stabilization
facilities.
Investor Relations:
Lisa D. Wilson, 419-421-2071
Doug Wendt, 419-421-2423
Media Relations:
Chuck Rice, 419-421-2521
Pierson to retire
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: MPLX LP via Globenewswire
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