MPLX LP
12/18/2025 | Press release | Distributed by Public on 12/18/2025 05:55
Management Change/Compensation (Form 8-K)
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 18, 2025, the sole member of MPLX GP LLC (the "General Partner"), the general partner of MPLX LP (the "Partnership"), elected Maria A. Khoury to serve as a member of the General Partner's Board of Directors (the "Board"), effective January 19, 2026 (the "Effective Date"). Ms. Khoury is not expected to serve on any standing committees of the Board.
Ms. Khoury will join Marathon Petroleum Corporation ("MPC"), which owns the General Partner and a majority of the Partnership's outstanding common units, as its Executive Vice President and Chief Financial Officer on the Effective Date. As an employee of MPC, Ms. Khoury will serve as a management director for the General Partner and will not receive compensation for her services as a member of the Board.
Other than with respect to the employment relationship disclosed above, there are no arrangements or understandings between Ms. Khoury and any other persons pursuant to which Ms. Khoury was elected to the Board. There are no family relationships between Ms. Khoury and any director or executive officer of the Partnership, and Ms. Khoury has no direct or indirect interest in any transaction or proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Ms. Khoury will succeed John J. Quaid, who will cease service as a member of the Board on the Effective Date. The size of the Board will remain set at ten directors.
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