Findlay, Ohio-based Marathon Petroleum Corp (MPC), which bills itself as the second-largest US refiner, has recruited Kristina Kazarian to the position of vice president of investor relations, effective April 2.
In her new role, Kazarian will serve as a corporate officer for both MPC and MPLX, the master limited partnership (MLP) sponsored by MPC. She will report to MPC chair and CEO Gary Heminger and will work from offices in both Findlay and New York. She succeeds Lisa Wilson, who has accepted another position at MPC outside the IR group, according to a spokesperson.
Kazarian is joining MPC having previously served as managing director of MLP, midstream and refiners equity research at Credit Suisse. Before that, she was managing director of MLP and midstream equity research at Deutsche Bank. She began her career at Fidelity Management & Research Company where she served as an analyst specializing in various energy subsectors.
‘Kristina’s experience at two of Wall Street’s premier financial institutions as the leader of equity research teams covering petroleum refiners, midstream companies and [MLPs] is an excellent fit for our executive management team,’ Heminger says in a statement. ‘Her deep understanding of our business and the competitive landscape in which we operate will be a tremendous asset as we develop our corporate strategy and continue to create long-term value for our shareholders.’
MPC has a crude oil refining capacity of roughly 1.9 mn barrels per day in its six-refinery system, and Marathon brand gasoline is sold through around 5,600 independently owned retail outlets across 20 states and the District of Columbia, according to the company.