Marathon Petroleum Corp. Names Maria A. Khoury as Chief Financial Officer
Rhea-AI Summary
Marathon Petroleum (NYSE: MPC) named Maria A. Khoury as Executive Vice President and Chief Financial Officer, effective January 19, 2026. Khoury will succeed John J. Quaid, who will remain with the company for a period of transition.
Khoury joins from Danaher, where since 2021 she served as Vice President, Group CFO Biotechnology with finance oversight for Cytiva and Pall Life Sciences, including controllership, treasury, and tax. Her background includes financial leadership at GE Oil & Gas (2010–2017), GE Corporate/GE Capital (1999–2010), and earlier roles at Cargill. Khoury holds degrees from Universidad Catolica Andres Bello, London School of Economics (diploma), and an MBA from Thunderbird School of Global Management.
Positive
- CFO appointment effective January 19, 2026
- Khoury brings 25 years of global finance leadership
- Recent role included oversight of controllership, treasury, and tax
Negative
- Outgoing CFO transition period is unspecified, creating near-term uncertainty
News Market Reaction – MPC
In the Dec 18 session, MPC declined 3.66%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Nov 04 | Leadership change | Neutral | -6.1% | CEO Maryann Mannen elected chairman; executive chairman retiring. |
| Nov 04 | Earnings results | Positive | -6.1% | Strong Q3 2025 earnings, higher dividend and capital returns. |
| Nov 04 | Earnings results | Positive | -6.1% | Repeat Q3 release noting robust EBITDA and repurchases. |
| Nov 04 | MPLX earnings | Positive | -6.1% | MPLX Q3 growth, higher distribution, major midstream deals. |
| Oct 29 | Dividend increase | Positive | +1.8% | Quarterly dividend raised to $1.00 per share, up ~10%. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent history shows several instances where seemingly positive or neutral corporate and financial updates were followed by notable share price declines within 24 hours.
Over the last few months, MPC news has focused on leadership changes, capital returns, and strong Q3 2025 financial performance. On Nov 04, 2025, the company reported Q3 net income of $1.4B, adjusted EBITDA of $3.2B, and a 10% dividend increase, yet the stock fell about 6.13%. The same day, the board elevated Maryann T. Mannen to chairman, again coinciding with a similar decline. A dividend hike on Oct 29, 2025 saw a more typical positive reaction. Today’s CFO appointment fits into this broader leadership and capital allocation narrative.
AI-generated analysis. How Rhea-AI works. Not financial advice.
"Maria's deep financial operations expertise and broad industry experience from 25 years as a global finance business leader, including previous roles in oil and gas, will be a strong addition to our executive team as we pursue MPC's strategic objectives. Her proven abilities to develop competitive capital allocation, growth, financial planning, and risk management strategies will advance our efforts to continue positioning the company to deliver industry-leading cash generation and capital returns," said Chairman-elect, President and Chief Executive Officer Maryann Mannen. "On behalf of our Boards of Directors, I thank John for his many contributions to MPC and MPLX."
Since 2021, Khoury has served as Vice President, Group CFO Biotechnology for Danaher, a global science and technology innovator, where she has finance responsibility for Cytiva (formerly GE Healthcare Biopharma) and Pall Life Sciences, including oversight of the controllership, treasury, and tax functions. From 2017-2020, Khoury served as Vice President, Finance and IT for GE Healthcare Life Sciences, based in the
Prior to her focus on life sciences, Khoury served in financial leadership positions for GE Oil & Gas in
Khoury holds a bachelor's degree in economics from Universidad Catolica Andres Bello in
About Marathon Petroleum Corporation
MPC is a leading, integrated, downstream and midstream energy company headquartered in
MPC 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
Forward-Looking Statements
This press release contains forward-looking statements regarding MPC. These forward-looking statements may relate to, among other things, MPC's expectations, estimates and projections concerning its business and operations, financial priorities, strategic plans and initiatives and capital return plans. You can identify forward-looking statements by words such as "advance," "anticipate," "believe," "commitment," "continue," "could," "design," "drive," "endeavor," "estimate," "expect," "focus," "forecast," "goal," "guidance," "intend," "may," "objective," "opportunity," "outlook," "plan," "policy," "position," "potential," "predict," "priority," "progress," "project," "prospective," "pursue," "seek," "should," "strategy," "strive," "support," "target," "trends," "will," "would" or other similar expressions that convey the uncertainty of future events or outcomes. MPC cautions that these statements are based on management's current knowledge and expectations and are subject to certain risks and uncertainties, many of which are outside of the control of MPC, that could cause actual results and events to differ materially from the statements made herein. Factors that could cause MPC's actual results to differ materially from those implied in the forward-looking statements include but are not limited to the factors set forth under the heading "Risk Factors" and "Disclosures Regarding Forward-Looking Statements" in MPC's Annual Reports on Form 10-K for the year ended Dec. 31, 2024, and in other filings with the SEC. Any forward-looking statement speaks only as of the date of the applicable communication and we undertake no obligation to update any forward-looking statement except to the extent required by applicable law. Copies of MPC's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other SEC filings are available on the SEC's website, MPC's website at https://www.marathonpetroleum.com/Investors/ or by contacting MPC's Investor Relations office.
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SOURCE Marathon Petroleum Corporation