Former Senator Among Three New Marathon Petroleum Directors
FINDLAY, Ohio -- Marathon Petroleum Corp. (MPC) announced that former Sen. Evan Bayh, Donna A. James and John P. Surma were elected to its board of directors, effective today. MPC was spun off from Marathon Oil Corp. on June 30.
"We are pleased to have these outstanding leaders become part of our board. Each brings a wide variety of experiences and valuable business perspectives that will help chart the path of Marathon Petroleum," said Thomas J. Usher, the company's non-executive chairman of the board. "They are joining a board comprised of accomplished people who recognize the many challenges and opportunities ahead."
Their election increases the size of the board to 10.
Evan Bayh, former U.S. senator and governor of Indiana, has served in leadership positions beginning in 1986 with his election as Indiana's secretary of state. In 1988, he was elected governor. After two terms, Bayh was elected U.S. senator where he served for 12 years. He served on numerous committees including Banking, Housing and Urban Affairs; Armed Services; Energy and Natural Resources; the Select Committee on Intelligence; Small Business and Entrepreneurship; and the Special Committee on Aging, holding key leadership roles on several of them. During his time in office, he focused on job creation, national security, small business growth and many other issues of importance.
Currently, Sen. Bayh is a senior advisor for Apollo Global Management and in the law firm of McGuireWoods LLC.
John P. Surma is chairman and CEO of United States Steel Corp. (USS) and has served in various executive leadership positions there since 2002. Prior to USS, in 1997, Surma joined Marathon Oil Co. as senior vice president, finance & accounting. He was named president, Speedway SuperAmerica LLC in 1998, and senior vice president, supply & transportation of Marathon Ashland Petroleum LLC (MAP) in 2000. He was appointed president of MAP in 2001. Prior to joining Marathon, Surma worked for Price Waterhouse LLP where he was admitted to the partnership in 1987.
Surma is a member of the board of directors of The Bank of New York Mellon Corp. and serves as treasurer of the board of directors of the World Steel Association. He is also a member of the board of directors of the American Iron and Steel Institute and has previously held various leadership roles in this organization. Surma is currently a member of both the National Petroleum Council and The Business Council. He was appointed by President Barack Obama to the president's Advisory Committee for Trade Policy and Negotiations and serves as vice chairman.
Donna A. James is the managing director of Lardon & Associates LLC, a business and executive advisory services firm. Additionally, she is a corporate director for public companies including Time Warner Cable, Coca-Cola Enterprises and Limitedbrands Inc. James' experience includes leadership positions with Nationwide Insurance and Financial Services where she served as president, Nationwide Strategic Investments. Prior to that, she was executive vice president/chief administrative officer and held other executive positions including executive vice president and chief human resources officer. James' responsibilities included leading several U.S. and international-based subsidiary companies, a venture capital fund, and new business development teams with responsibility for emerging opportunities in financial services.
James was appointed by President Obama as chairwoman of the National Women's Business Council, a non-partisan advisory council to the president, Congress and the Small Business Administration on economic development of women-owned businesses.
Bayh, Surma and James join Marathon Petroleum's current board members: David A. Daberko, William L. Davis, Gary R. Heminger, Charles R. Lee, Seth E. Schofield, John W. Snow and Thomas J. Usher.
Marathon Petroleum Corp. (MPC) is the nation's fifth largest refiner with a crude capacity in excess of 1.1 million barrels per day in its six-refinery system. MPC's marketing system is comprised of approximately 1,350 Speedway and 5,100 brand locations supported by an extensive pipeline and terminal network throughout the Midwest, Southeast and Gulf Coast regions.