Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Appointment of Principal Accounting Officer OnJuly 30, 2021 , the board of directors ofMarathon Petroleum Corporation (the "Company") appointedC. Kristopher Hagedorn as Senior Vice President and Controller effectiveSeptember 1, 2021 . In this capacity,Mr. Hagedorn will be the Company's principal accounting officer.Mr. Hagedorn , 45, has served as Vice President and Controller ofMPLX GP LLC ("MPLX"), the general partner of MPLX LP and an indirect, wholly owned subsidiary of the Company, sinceOctober 2017 . Prior to joining MPLX, he was Vice President and Controller at CONSOL Energy Inc., aPennsylvania -based coal producer and exporter, beginning in 2015, Assistant Controller beginning in 2014 and Director, Financial Accounting, beginning in 2012.Mr. Hagedorn was Chief Accounting Officer forCONE Midstream Partners LP , a publicly traded master limited partnership with gathering assets in theAppalachian Basin , from 2014 to 2015. Previously, he served in positions of increasing responsibility withPricewaterhouse-Coopers LLP beginning in 1998.Mr. Hagedorn will continue to receive an annual base salary and participate in the Company's annual cash bonus ("ACB") program and long-term incentive ("LTI") program. Descriptions of the ACB and LTI programs are included in the Company's Definitive Proxy Statement for the 2021 Annual Meeting of Shareholders (the "2021 Proxy Statement"), filed on Schedule 14A with theSecurities and Exchange Commission onMarch 15, 2021 .Mr. Hagedorn will also continue to be eligible to participate in the Company's other benefit plans and programs such as health and life insurance, income protection in a circumstance of long-term and short-term disability and retirement plans, and he will be eligible to participate in the Company's executive severance benefits plans, descriptions of which are included in the 2021 Proxy Statement. Other than with respect to the compensation matters described above, there are no arrangements or understandings betweenMr. Hagedorn and any other persons pursuant to whichMr. Hagedorn was appointed the Company's Senior Vice President and Controller. There are no family relationships betweenMr. Hagedorn and any director or executive officer of the Company, andMr. Hagedorn 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. Mr. Hagedorn will succeedJohn J. Quaid , who will resign as the Company's Senior Vice President and Controller effectiveSeptember 1, 2021 to accept a role as MPLX's Executive Vice President and Chief Financial Officer, also effectiveSeptember 1, 2021 .
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