Marathon Oil Corporation Announces Key Officer Promotions

Core Viewpoint - Marathon Oil Corporation has announced the promotion of Rob L. White to Executive Vice President and Chief Financial Officer, effective May 1, 2024, succeeding Dane Whitehead, who will retire on July 1, 2024, after over 7 years of service [1][2]. Leadership Changes - Rob L. White has been with Marathon Oil since 1991 and has over 30 years of experience in oil and gas accounting and finance, previously serving as Vice President, Controller and Chief Accounting Officer [3]. - Zach Dailey, who joined Marathon Oil in 2015 and has over 17 years of experience in the oil and gas industry, will succeed Mr. White as Vice President, Controller and Chief Accounting Officer [4]. Company Performance and Strategy - The company has established a strong track record of sustainable free cash flow generation and return of capital to shareholders, attributed to the leadership of Dane Whitehead [2]. - Marathon Oil focuses on four competitive resource plays in the U.S.: Eagle Ford, Bakken, STACK and SCOOP, and Permian, along with a gas business in Equatorial Guinea [5]. Company Background - Marathon Oil is an independent oil and gas exploration and production company with a strong balance sheet and a multi-basin portfolio, emphasizing ESG excellence [5].