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Marathon Petroleum Corp. Names Maria A. Khoury as Chief Financial Officer

Marathon Petroleum (NYSE: MPC) named Maria A. Khoury as Executive Vice President and Chief Financial Officer, effective January 19, 2026.

(Neutral)

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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.

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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
Argus Dec 18 session
-3.66% close to close Open Argus
Details

News Market Reaction – MPC

On Dec 18, the day this news came out, MPC closed 3.66% below the previous close.

Data tracked by StockTitan Argus for the Dec 18 session.

Key Figures

Effective date: January 19, 2026 Industry experience: 25 years GE Oil & Gas tenure: 2010–2017 +3 more
Effective date
January 19, 2026
Start date as Executive Vice President and CFO
Industry experience
25 years
Global finance business leadership experience cited in release
GE Oil & Gas tenure
2010–2017
Financial leadership roles including Drilling and Surface CFO
GE corporate tenure
1999–2010
Financial planning, analysis, and treasury roles
Cargill tenure
5 years
Early finance career before joining GE in 1999
MBA program
Master of Business Administration
International finance MBA from Thunderbird School of Global Management

Historical Context

5 past events · Latest: Nov 04
5 events
  1. Nov 04

    Leadership change

    24h Move
    -6.1%

    CEO Maryann Mannen elected chairman; executive chairman retiring.

  2. Nov 04

    Earnings results

    24h Move
    -6.1%

    Strong Q3 2025 earnings, higher dividend and capital returns.

  3. Nov 04

    Earnings results

    24h Move
    -6.1%

    Repeat Q3 release noting robust EBITDA and repurchases.

  4. Nov 04

    MPLX earnings

    24h Move
    -6.1%

    MPLX Q3 growth, higher distribution, major midstream deals.

  5. Oct 29

    Dividend increase

    24h Move
    +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.

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

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FINDLAY, Ohio, Dec. 18, 2025 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) today announced that Maria A. Khoury will join the company 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.

"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 United Kingdom.

Prior to her focus on life sciences, Khoury served in financial leadership positions for GE Oil & Gas in the United States and Italy from 2010 to 2017, including as CFO of GE's Drilling and Surface division. From 1999 to 2010, she held global positions of increasing responsibility in financial planning and analysis and treasury for GE Corporate and GE Capital Treasury. Before joining GE in 1999, Khoury spent five years with Cargill, Inc., where she began her finance career.

Khoury holds a bachelor's degree in economics from Universidad Catolica Andres Bello in Venezuela, a diploma in international business strategy from the London School of Economics, and a Master of Business Administration degree in international finance from the Thunderbird School of Global Management at Arizona State University.

About 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.

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.

Cision View original content:https://www.prnewswire.com/news-releases/marathon-petroleum-corp-names-maria-a-khoury-as-chief-financial-officer-302645425.html

SOURCE Marathon Petroleum Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will Maria A. Khoury start as Marathon Petroleum CFO (MPC)?

Khoury will begin as Executive Vice President and CFO on January 19, 2026.

Who will Maria Khoury succeed as CFO of Marathon Petroleum (MPC)?

She will succeed John J. Quaid, who will remain for a period of transition.

What experience does Maria Khoury bring to Marathon Petroleum (MPC)?

She has 25 years in global finance, including roles at Danaher, GE Oil & Gas, GE Corporate, and Cargill.

What finance functions did Khoury oversee before joining MPC?

At Danaher she oversaw controllership, treasury, and tax for Cytiva and Pall Life Sciences.

Does the press release specify how long John Quaid will stay during the transition at MPC?

No; the release states he will remain for a period of transition but does not specify a length.

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