Nope
we’re not referring to Gerry R. Heminger as a diehard runner. If there’s
anything that he has been diehard about then it has to be Marathon Petroleum
Corporation (MPC). He has been with the company for over 38 years and counting.
Heminger
earned a Bachelor’s Degree in Accounting from Tiffin University in 1976. He
also obtained an MBA in 1982 from the University of Dayton. To further hone his
executive skills he graduated from the Executive Management Program at the
Wharton School, University of Pennsylvania.
Heminger
knows MPC inside out having held numerous positions in the company. He spent
five years in a number of financial and administrative roles. Heminger spent
three years in London as audit supervisor of the Brae Project. He has also held
several marketing and commercial roles with the predecessor of Speedway LLC.
A
number of his higher executive
roles include president of Marathon Petroleum Company LLC in September 2001 and
executive vice president – Downstream of Marathon Oil Corporation. In July 2011
he assumed the top positions of President and CEO of Marathon Petroleum
Corporation.
MPC
has headquarters in Findlay, Ohio and employs around 28,000 individuals and is
a member of the Fortune 500. It has around 9.5 percent of the total U.S.
refining capacity. It’s a company well
worth working with for more than 38 years.
Changes
in corporate ownership can also change the job security status of workers. The
new owners may have something else in mind and a corporate guy which looked to
have a bright future with a company may be sent packing since someone else
(perhaps coming from the group of the new owners) will be handling the job.
There may also be some corporate restructuring taking place.
For
William R. Klesse changes in ownership did not stop his rise in the companies
he had worked for. He graduated for the University
of Dayton with a B.S. in Chemical Engineering degree. Klesse also obtained a
Master’s degree in Finance from West Texas A&M University.
He
began his career as an engineer trainee at Diamond Shamrock. He rose through
the ranks eventually reaching the position of Executive Vice President in 1987.
Then in 1996 Ultramar Corp. and Diamond Shamrock merged forming Ultramar
Diamond Shamrock (UDS). Klesse wound up being the Executive Vice President of
UDS’s refining operations.
In
2001, USD was acquired
by Valero. This did not negatively impact Klesse’s career as he then served as
Executive Vice President of Refining and Commercial Operations. In fact his
star shone brighter. In 2003, Klesse became the Executive Vice President and
COO. He then was named CEO in 2006 and
Chairman of the Board in 2007. He couldn’t be considered an insider of Valero
having come from the acquired firm but his talent and skills helped him to get
the top post at the largest
independent oil refining company in the world.
