Marathon Petroleum chief Gary Heminger will retire next year after almost a decade in charge, the U.S. refiner said on Thursday, as it announced plans to spin off its gas station business Speedway Marathon Petroleum is preparing to spin off its gas-station chain and considering shaking up its executive leadership to appease activist shareholders, according to people familiar with the matter.

Marathon Petroleum Corporation Spin-Off. Computershare Marathon Petroleum Corporation's common stock is traded on the New York Stock Exchange under  Corporate restructuring can make perfect financial sense, yet create brand confusion in the marketplace-that is what Marathon Oil risks. Q1 2020 Marathon Oil Corp Earnings Release (Tentative) May 05, 2020 after the activist hedge fund asked the refiner to consider spinning off businesses. Historical daily share price chart and data for Marathon Oil since 1970 In July 2011, Marathon completed the spin-off of its refining/sales business into a and publicly traded company Marathon Petroleum Corporation (Ticker: MPC).

13 Jan 2011 The Marathon Oil Corporation announced plans on Thursday to spin off its downstream business, creating two independent businesses.

On October 31, 2019, Marathon Petroleum (NYSE:MPC) announced, in conjunction with its third-quarter earnings report, that it would pursue a tax-free spin-off transaction of its retail business Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011. USX Corp., bowing to shareholder pressure, is moving to split U.S. Steel Corp. and Marathon Oil into separately traded companies, ending an experiment begun 15 years ago to have oil help balance Marathon Before and After the Split In July 2011, Marathon Oil executed a spin-off of its refinery business. For every two shares of Marathon stock, MRO shareholders were given one share of the Marathon Oil is an independent E&P company, based in Houston. Building on a rich history, with pride in our past achievements, our strategy is resolutely focused on U.S. unconventional resource plays. We're active in the Eagle Ford, Bakken, STACK/SCOOP and Permian.

31 Oct 2019 Heminger has served as MPC's President and CEO since the company's spinoff from Marathon Oil in 2011, and as Chairman and CEO since 

Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.

The USX Corp. board of directors has approved a reorganization plan calling for a tax-free spin-off of the steel-related assets into a separate publicly traded company, United States Steel Corp.,

Marathon Petroleum (NYSE:MPC) +1.9% pre-market after reporting better than expected Q3 earnings, unveiled plans to spin off its Speedway gas station business and announcing the planned retirement Marathon Oil itself is a product of a spin-off. The company was a subsidiary of United States Steel until 2002 when it became an independent company. The news of the split comes one day after the ITT Corporation announced that it would break itself into three companies. ITT, an industrial conglomerate, weighed other options, including a sale, but ultimately chose to form three businesses focused on water, engineering and military contracting. Marathon Petroleum Corporation Spin-Off Effective June 30, 2011, Marathon Oil Corporation completed the spin-off of its wholly owned subsidiary, Marathon Petroleum Corporation into a separate independent publicly traded corporation to holders of record of Marathon Oil Corporation common stock on June 27, 2011. Marathon Petroleum Corporation Spin-Off Effective June 30, 2011, Marathon Petroleum Corporation was spun-off from Marathon Oil Corporation into a separate independent publicly traded corporation to holders of record of Marathon Oil Corporation common stock on June 27, 2011. Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.

Marathon Oil Corporation (NYSE: MRO) — американская нефтегазовая компания, четвёртая в стране по объёму добычи. Штаб-квартира — в Хьюстоне, 

1 Jul 2011 Corporation (“Marathon Petroleum”), as of 11:59 p.m. Eastern Daylight Savings Time on June 30, 2011 to the holders of record of Marathon Oil  31 Oct 2019 Chief Executive Officer of Marathon Petroleum Corporation (MPC), as president and CEO since the company's spin-off from Marathon Oil in  31 Oct 2019 (Bloomberg) — Marathon Petroleum Corp. buckled under pressure from shareholders and announced the spinoff of its retail fuel-station  In July 2011, Marathon completed the spin-off of its refining/sales business into a separate, independent and publicly traded company Marathon Petroleum  Marathon Oil Corporation (NYSE: MRO) is an independent oil and natural gas exploration and production (E&P) company based in Houston, Texas. We're focused  Heminger took charge of the fuel maker when it was spun off from Marathon Oil Corp. in 2011. Marathon Petroleum chief Gary Heminger will retire next year after almost a decade in charge, the U.S. refiner said on Thursday, as it announced plans to spin off its gas station business Speedway

FINDLAY, Ohio — After a 10-month strategic review process, Marathon Petroleum Corp. (MPC) is spinning off Speedway LLC. The retail network will become an independent company by year-end 2020. Marathon Petroleum (NYSE: MPC) +1.9% pre-market after reporting better than expected Q3 earnings, unveiled plans to spin off its Speedway gas station business and announcing the planned retirement The USX Corp. board of directors has approved a reorganization plan calling for a tax-free spin-off of the steel-related assets into a separate publicly traded company, United States Steel Corp.,