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AI brief of an SEC Form 8-K · Marathon Petroleum (MPC)

Marathon Petroleum names Maria Khoury CFO effective January 19, 2026

Neutral Impact 4 of 5 leadership Written later

Marathon Petroleum said Maria A. Khoury, a former CFO at Danaher's life sciences unit and GE units, will become executive vice president and chief financial officer on January 19, 2026, succeeding John J. Quaid, who will stay with the company in a transition role. The filing gives her $800,000 base salary, a target bonus of 100% of salary, and a 2026 long-term incentive target of $2,400,000, which shareholders may track as part of executive pay.

Key points

  • Maria A. Khoury becomes executive vice president and CFO effective January 19, 2026
  • Base salary of $800,000 with a target annual bonus equal to 100% of salary
  • 2026 long-term incentive target award of $2,400,000 and a one-time restricted stock unit grant valued at $275,000
  • John J. Quaid ceases to be CFO on the effective date and will remain in a non-executive transition role

The filing

CompanyMarathon Petroleum (MPC)
Form8-K, current report
Filed with the SECDec 18, 2025, 6:50 AM ET
Accession number0001510295-25-000070

Items reported: 5.02 Director / Officer Change8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 18, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.