Organizational Shakeup at Marathon
HOUSTON -- In an effort to create maximum value in each of its business segments, petroleum refiner and marketer Marathon Oil Corp. made four organizational changes in its senior management team, effective April 1, 2008, the company stated.
"The changes announced today will better align Marathon's organizational structure with our business portfolio allowing us to create maximum value in each of our business segments and key support organizations," Clarence P. Cazalot Jr., Marathon president and CEO, said in a statement. "I have full confidence in each of these individuals and their leadership capabilities as we carry out Marathon's business plans and strategies to deliver defined growth across our business segments well into the future."
Steven B. Hinchman, current senior vice president of worldwide production, was named executive vice president of technology and services. In this new role, he will oversee health; environment and safety; upstream technology; emerging technology; major projects; corporate social responsibility; and commercial services, the company stated.
In addition, the senior vice president of business development, David E. Roberts Jr., was promoted to the role of executive vice president of upstream. Here, Roberts will have responsibility over worldwide exploration, production and integrated gas, along with upstream business development. He will continue to report to Cazalot.
Further, R. Douglas Rogers, Marathon's organizational vice president of environment, safety and emergency response, was named vice president of health, environment and safety. In this position, Rogers' role will also oversee emergency preparedness and security. He will continue to report to Cazalot.
Moreover, Daniel J. Sullenbarger, the current vice president of corporate responsibility, was named vice president of corporate compliance and ethics. In this role, he will be responsible for the company's business integrity office and will serve as Marathon's chief compliance officer. Sullenbarger will continue to report to Cazalot.
"The changes announced today will better align Marathon's organizational structure with our business portfolio allowing us to create maximum value in each of our business segments and key support organizations," Clarence P. Cazalot Jr., Marathon president and CEO, said in a statement. "I have full confidence in each of these individuals and their leadership capabilities as we carry out Marathon's business plans and strategies to deliver defined growth across our business segments well into the future."
Steven B. Hinchman, current senior vice president of worldwide production, was named executive vice president of technology and services. In this new role, he will oversee health; environment and safety; upstream technology; emerging technology; major projects; corporate social responsibility; and commercial services, the company stated.
In addition, the senior vice president of business development, David E. Roberts Jr., was promoted to the role of executive vice president of upstream. Here, Roberts will have responsibility over worldwide exploration, production and integrated gas, along with upstream business development. He will continue to report to Cazalot.
Further, R. Douglas Rogers, Marathon's organizational vice president of environment, safety and emergency response, was named vice president of health, environment and safety. In this position, Rogers' role will also oversee emergency preparedness and security. He will continue to report to Cazalot.
Moreover, Daniel J. Sullenbarger, the current vice president of corporate responsibility, was named vice president of corporate compliance and ethics. In this role, he will be responsible for the company's business integrity office and will serve as Marathon's chief compliance officer. Sullenbarger will continue to report to Cazalot.