Marathon petroleum corp. announces appointment of new director and provides update on strategic initiatives

Marathon petroleum corp. announces appointment of new director and provides update on strategic initiatives.marathon petroleum corp - entered into agreement with elliott management & will appoint jonathan cohen to co's board of directors, effective dec. 16.marathon petroleum corp - cohen will fill seat of retiring executive and board member greg goff.marathon petroleum corp - work on separation of speedway is progressing well & co is targeting early q4 2020 for completion of transaction.marathon petroleum - work on separation of speedway into independent co is progressing well; targeting early q4 2020 for completion of transaction.marathon petroleum corp - to add independent advisor to serve in non-voting capacity as advisor to special committee of mpc board evaluating midstream options.marathon petroleum corp - mpc board expects to provide an update on work of special midstream committee in q1 of 2020.marathon petroleum - cohen to serve on special committee charged with evaluating options for midstream business, overseeing mpc ceo search process.
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