MPLX LP accepted resignations from Donald C. Templin and Pamela K.M. Beall, each a Management Director who retired from the Marathon Group during 2021. The resignations will be effective December 31, 2021. On November 29, 2021, the board of managers of MPC Investment LLC, the sole member of the General Partner, appointed John J. Quaid to serve as a member of the Board, effective January 1, 2022, and fixed the size of the Board at nine members, effective as of the same date. Mr. Quaid is not expected to serve on any standing committees of the Board. Mr. Quaid currently serves as the General Partner's Executive Vice President and Chief Financial Officer. As a Management Director.
MPLX LP is a diversified master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuel distribution services. The Companyâs segments include Logistics and Storage (L&S) and Gathering and Processing (G&P). The L&S segment primarily engages in the gathering, transportation, storage and distribution of crude oil, refined products, other hydrocarbon-based products, and renewables. The L&S segment also includes the operation of its refining logistics, fuel distribution and inland marine businesses, terminals, rail facilities and storage caverns. The G&P segment provides gathering, processing and transportation of natural gas, as well as the transportation, fractionation, storage and marketing of natural gas liquids (NGLs). Its assets include a network of crude oil and refined product pipelines; an inland marine business; light-product, asphalt, heavy oil and marine terminals; storage caverns, and others.