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John Fox, Founder, Former Chairman and CEO of MarkWest Energy Partners, Issues Open Letter To The Board Of Directors Of Marathon Petroleum Corporation Supporting Recent Decisions and The Appointment of Michael Hennigan as CEO; - Marathon/Andeavor combinat

Mar 31, 2020 - PR Newswire
Board and Executive Moves-Mergers and Acquisitions

PR Newswire

 John M. Fox, beneficial owner of 1,427,826 common units of MPLX LP and 62,583 shares of Marathon Petroleum Company, today released the following open letter to the board of directors of Marathon Petroleum Corporation (MPC) and MPLX LP (MPLX) outlining his support of management. Mr. Fox believes that recent decisions to appoint Michael Hennigan as CEO of MPC, maintain the current structure and direction of MPLX, and to downsize capex in line with current industry conditions a...