Marathon Petroleum Corp. names Brian Worthington vice president, Investor Relations; Kristina Kazarian to become vice president, Finance and Treasurer

(Moderate)

(Very Positive)

Rhea-AI Summary

Marathon Petroleum (NYSE:MPC) appointed Brian Worthington as vice president, Investor Relations, succeeding Kristina Kazarian, who becomes vice president, Finance and Treasurer, effective May 25, 2026.

Both will report to CFO Maria Khoury and will also serve in corresponding roles at MPLX (NYSE:MPLX).

News Market Reaction – MPC

-0.19%

-0.19% News Effect

On the day this news was published, MPC declined 0.19%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details leadership changes in Investor Relations and Finance, effective May 25, wh...

Analysis

This announcement details leadership changes in Investor Relations and Finance, effective May 25, while reinforcing continuity in engagement with the investment community and oversight of capital allocation. It follows a period of strong earnings, increased buyback authorizations and recent SEC filings, including an effective S-3 shelf. Investors may watch how the new team frames strategy, capital returns and MPLX’s role in communications going forward.

Key Figures

Effective date: May 25, 2026 IR experience at MPC: 6 years Prior industry experience: 17 years +4 more

7 metrics

Effective date May 25, 2026 Start date for new VP roles

IR experience at MPC 6 years Worthington’s engagement with investment community

Prior industry experience 17 years Worthington’s experience at ConocoPhillips before joining MPC

Year joined MPC 2020 Worthington’s start in Investor Relations at MPC

Year Kazarian joined MPC 2018 Kazarian’s start as VP, Investor Relations

Additional Finance role 2023 Year Kazarian took on Finance responsibilities

Prior industry tenure Over a decade Kazarian’s energy roles at Fidelity and banks

Historical Context

5 past events · Latest: May 05 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
May 05	Q1 2026 results	Positive	+3.2%	Stronger Q1 2026 earnings, cash generation and capital returns versus prior year.
Apr 29	Dividend declaration	Positive	+4.0%	Quarterly $1.00 dividend announcement with defined record and pay dates.
Mar 23	Earnings date set	Neutral	+4.9%	Scheduled Q1 2026 results release and conference call on May 5.
Feb 03	FY 2025 results	Positive	+6.0%	Strong Q4 and full‑year 2025 performance with high utilization and capital returns.
Feb 03	MPLX FY 2025 results	Positive	+6.0%	Robust MPLX 2025 earnings, cash flow and capital plan supporting growth projects.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news has generally been followed by positive price reactions, particularly around earnings results and capital return announcements.

Recent Company History

Over the past few months, Marathon Petroleum reported strong Q4 2025 and Q1 2026 results, with notable net income, adjusted EBITDA, and significant capital returns, each followed by gains of 3–6%. A new $5 billion repurchase authorization and a $1.00 quarterly dividend were also well‑received. The current leadership changes in Investor Relations and Finance occur against a backdrop of solid earnings momentum and active shareholder returns.

Key Terms

master limited partnership

1 terms

master limited partnership financial

"MPLX (NYSE: MPLX), the master limited partnership sponsored by MPC."

A master limited partnership is a type of business structure that combines features of a corporation and a partnership, allowing it to raise money from investors while passing profits directly to them. Think of it as a shared ownership group that offers regular income, making it attractive to investors seeking steady cash flow. This structure is often used by companies involved in natural resources or energy, where consistent revenue is common.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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05/11/2026 - 04:05 PM

FINDLAY, Ohio, May 11, 2026 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today that Brian Worthington has been named vice president, Investor Relations. Worthington succeeds Kristina Kazarian, who will become vice president, Finance and Treasurer. Both appointments are effective May 25.

"Over the past six years, Brian has closely engaged with our investment community and developed a deep understanding of our business, positioning him as the ideal choice for this important role," said Maryann Mannen, chairman, president and chief executive officer. "We are pleased that Kristina will expand her responsibilities around capital allocation and treasury activities, bringing a perspective of driving long-term value creation for our shareholders."

Both Worthington and Kazarian will report to Maria Khoury, executive vice president and chief financial officer. In addition to their MPC responsibilities, Worthington and Kazarian will each serve in their new respective capacities for MPLX (NYSE: MPLX), the master limited partnership sponsored by MPC.

"I look forward to working closely with Brian and Kristina, whose strong partnership will enable clear and consistent engagement with the investment community, support the execution of our strategic objectives, and drive long-term shareholder value," said Khoury.

Worthington joined MPC as part of the Investor Relations team in 2020, bringing 17 years of experience from ConocoPhillips. Kazarian joined MPC in 2018 as vice president, Investor Relations and took on the additional responsibilities of Finance in 2023. Prior to MPC, she spent over a decade in energy roles at Fidelity and leading equity research teams at Deutsche Bank and Credit Suisse.

About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream and midstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure. More information is available at www.marathonpetroleum.com.

Investor Relations Contacts: (419) 421-2071
Kristina Kazarian, Vice President, Finance and Investor Relations
Brian Worthington, Senior Director, Investor Relations
Alyx Teschel, Director, Investor Relations

Media Contact: (419) 421-3577
Jamal Kheiry, Communications Manager

View original content:https://www.prnewswire.com/news-releases/marathon-petroleum-corp-names-brian-worthington-vice-president-investor-relations-kristina-kazarian-to-become-vice-president-finance-and-treasurer-302768467.html

SOURCE Marathon Petroleum Corporation

FAQ

Who is the new vice president, Investor Relations at Marathon Petroleum (NYSE:MPC)?

Brian Worthington has been named vice president, Investor Relations at Marathon Petroleum. According to Marathon Petroleum, he joined the Investor Relations team in 2020 after 17 years at ConocoPhillips and has engaged closely with the investment community over the past six years.

What new role will Kristina Kazarian assume at Marathon Petroleum (MPC) in May 2026?

Kristina Kazarian will become vice president, Finance and Treasurer on May 25, 2026. According to Marathon Petroleum, she previously served as vice president, Investor Relations and took on additional Finance responsibilities in 2023, building on extensive prior energy and equity research experience.

When do the new leadership appointments at Marathon Petroleum (MPC) take effect?

The appointments of Brian Worthington and Kristina Kazarian take effect on May 25, 2026. According to Marathon Petroleum, Worthington becomes vice president, Investor Relations, while Kazarian assumes the role of vice president, Finance and Treasurer, with both reporting to executive vice president and CFO Maria Khoury.

How are the new MPC leadership roles linked to MPLX (NYSE:MPLX)?

Brian Worthington and Kristina Kazarian will also serve MPLX in their new respective capacities. According to Marathon Petroleum, they will perform similar Investor Relations and Finance/Treasurer responsibilities for MPLX, the master limited partnership sponsored by Marathon Petroleum, alongside their core MPC leadership roles.

What experience does Brian Worthington bring to his new MPC Investor Relations role?

Brian Worthington brings more than two decades of energy and Investor Relations experience. According to Marathon Petroleum, he joined MPC in 2020 after 17 years at ConocoPhillips and has spent six years closely engaging with the company’s investment community and learning its business.

What is the professional background of Kristina Kazarian before her new MPC Finance and Treasurer role?

Kristina Kazarian has a deep background in energy finance and equity research. According to Marathon Petroleum, she joined MPC in 2018, previously worked in energy roles at Fidelity, and led equity research teams at Deutsche Bank and Credit Suisse before expanding into Finance responsibilities in 2023.