FINDLAY, Ohio, Oct. 6, 2016 - MPLX LP (NYSE: MPLX) Chairman and Chief Executive Officer Gary R. Heminger announced that effective today, Pamela K.M. Beall, MPLX executive vice president of Corporate Planning and Strategy, has been named executive vice president and chief financial officer of MPLX GP LLC. Beall will report to Donald C. Templin, president of MPLX's general partner. She will remain in Findlay. Beall replaces Nancy K. Buese, who has accepted an offer and will be joining a Denver-based, public company.
"We wish Nancy well in her new role and thank her for her contributions to the integration of MarkWest into MPLX," said Heminger.
Heminger said Beall brings substantial financial experience to the CFO role, noting that her career has included numerous finance, accounting and commercial roles at Marathon Petroleum Corp. (NYSE: MPC) and MPLX.
"The breadth and depth of Pam's experience will continue to be a tremendous asset to the partnership," said Heminger. "She played a pivotal role in the formation of MPLX in 2012 and assumed an important leadership role in last year's strategic combination with MarkWest. In her new position as CFO, we look forward to benefiting from her business acumen and dedication to the success of the business."
About MPLX LP
MPLX is a diversified, growth-oriented master limited partnership formed in 2012 by Marathon Petroleum Corporation to own, operate, develop and acquire midstream energy infrastructure assets. MPLX is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of natural gas liquids (NGLs); and the transportation and storage of crude oil and refined petroleum products. Headquartered in Findlay, Ohio, MPLX's assets consist of a network of common carrier crude oil and products pipeline assets located in the Midwest and Gulf Coast regions of the United States, an inland marine business, a butane storage cavern located in West Virginia with approximately 1 million barrels of storage capacity, crude oil and product storage facilities (tank farms) with approximately 4.5 million barrels of available storage capacity, a barge dock facility with approximately 78,000 barrels per day of crude oil and product throughput capacity, and gathering and processing assets that include more than 5,000 miles of gas gathering and NGL pipelines, 54 gas processing plants, 13 NGL fractionation facilities and two condensate stabilization facilities.
Investor Relations Contacts:
Lisa D. Wilson (419) 421-2071
Teresa Homan (419) 421-2965
Chuck Rice (419) 421-2521
Jamal Kheiry (419) 421-3312