MPLX names C. Kristopher Hagedorn CFO effective Jan 1; Quaid becomes MPC CFO

MPLX LP

C. Kristopher Hagedorn appointed EVP & CFO effective Jan 1, 2024, replacing John J. Quaid.
Quaid becomes EVP & CFO of Marathon Petroleum Corporation (MPC).
Hagedorn most recently SVP & Controller of MPC; prior VP & Controller of MPLX since 2017.
He also joins board of MPLX GP; current compensation: $450K salary, 60% target bonus, $500K LTI target for 2023.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

C. Kristopher Hagedorn

member of the Board

MPLX · MPLX LP

Effective: 2024-01-01
Filed: December 21, 2023, 6:59 PM ET

the board of managers of MPC Investment LLC, the sole member of MPLX, appointed Mr. Hagedorn to serve as a member of the Board, effective January 1, 2024

Appointed

C. Kristopher Hagedorn

Executive Vice President and Chief Financial Officer

MPLX · MPLX LP

Effective: 2024-01-01
Filed: December 21, 2023, 6:59 PM ET

the board of directors (the “Board”) of MPLX GP LLC ("MPLX"), the general partner of MPLX LP, appointed C. Kristopher Hagedorn as Executive Vice President and Chief Financial Officer, effective January 1, 2024.

Departed

John J. Quaid

Executive Vice President and Chief Financial Officer

MPLX · MPLX LP

Effective: 2024-01-01
Successor: C. Kristopher Hagedorn
Filed: December 21, 2023, 6:59 PM ET

Mr. Hagedorn will succeed John J. Quaid, who will cease to serve as Executive Vice President and Chief Financial Officer of MPLX effective January 1, 2024 to accept a role as Executive Vice President and Chief Financial Officer of Marathon Petroleum Corporation (“MPC”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

C. Kristopher Hagedorn was appointed as member of the Board at MPLX LP.

Action: appointed
Role: member of the Board

Exact text from the filing

the board of managers of MPC Investment LLC, the sole member of MPLX, appointed Mr. Hagedorn to serve as a member of the Board, effective January 1, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

C. Kristopher Hagedorn was appointed as Executive Vice President and Chief Financial Officer at MPLX LP.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

the board of directors (the “Board”) of MPLX GP LLC ("MPLX"), the general partner of MPLX LP, appointed C. Kristopher Hagedorn as Executive Vice President and Chief Financial Officer, effective January 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John J. Quaid departed as Executive Vice President and Chief Financial Officer at MPLX LP.

Action: ceased to serve
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Mr. Hagedorn will succeed John J. Quaid, who will cease to serve as Executive Vice President and Chief Financial Officer of MPLX effective January 1, 2024 to accept a role as Executive Vice President and Chief Financial Officer of Marathon Petroleum Corporation (“MPC”).

View on SEC.gov

MPLX LP filing history →

Source: SEC EDGAR

accession 0001552000-23-000040

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