Mr. Aydt is executive vice president of MPLX GP LLC. He is also executive vice president, Refining of Marathon Petroleum Corporation.
Mr. Aydt joined Marathon in 1985 as a pipeline engineer. He held a series of positions of increasing responsibility in Marketing and Transportation Engineering’s pipeline and retail divisions. In 1991, he helped develop a crude pipeline and trucking project in Tunisia, North Africa. He returned to pipeline operations in Wyoming in 1992, before being named pipeline engineering manager in 1995. In 1999, Mr. Aydt was named project director for the development and construction of the Cardinal Pipeline, which runs from Kenova, West Virginia, to Columbus, Ohio. He was named engineering department manager at the Robinson refinery in 2003, and manager of refining major projects in 2005. Mr. Aydt served as project director for the $2.2 billion Detroit Heavy Oil Upgrade Project from 2008, until its completion in 2012 and was named general manager of Terminal, Transport and Rail in 2013. In 2017, he was appointed president, Marathon Pipe Line LLC and vice president, operations of MPLX GP LLC. In 2018, Mr. Aydt was named vice president, business development of MPLX GP LLC. In 2020, he was named chief commercial officer and executive vice president, Pipelines, Terminals and Marine and assumed his current position in 2022.
Mr. Aydt graduated from the University of Missouri-Rolla with a bachelor’s degree in mechanical engineering in 1985. He attended Wharton’s Advanced Management Program at the University of Pennsylvania in 2014.
Mr. Aydt is a board member of the American Petroleum Institute (API) Downstream Committee and a board member of the American Fuel and Petrochemical Manufacturers Association (AFPM). Mr. Aydt previously chaired the board of the Louisiana Offshore Oil Port (LOOP) and served as past owner representative of Capline, both of which are significant entities in the nation’s crude oil infrastructure. Mr. Aydt served as past board member of the Association of Oil Pipe Lines (AOPL), past member of the American Petroleum Institute’s (API) pipeline subcommittee steering group; served on the API-AOPL Pipeline Safety Excellence Steering Committee; and served on the U.S. Department of Transportation’s Technical Hazardous Liquid Pipeline Safety Standards Committee.
What is Timothy J. Aydt's net worth?
The estimated net worth of Timothy J. Aydt is at least $2.76 million as of August 10th, 2023. Mr. Aydt owns 18,995 shares of Marathon Petroleum stock worth more than $2,763,962 as of October 31st. This net worth approximation does not reflect any other assets that Mr. Aydt may own. Additionally, Mr. Aydt receives an annual salary of $2,370,000.00 as VP at Marathon Petroleum. Learn More about Timothy J. Aydt's net worth.
How old is Timothy J. Aydt?
Mr. Aydt is currently 60 years old. There are 9 older executives and no younger executives at Marathon Petroleum. The oldest executive at Marathon Petroleum is Mr. Michael J. Hennigan, Executive Chairman of the Board, who is 65 years old. Learn More on Timothy J. Aydt's age.
What is Timothy J. Aydt's salary?
As the VP of Marathon Petroleum Co., Mr. Aydt earns $2,370,000.00 per year. There are 2 executives that earn more than Mr. Aydt. The highest earning executive at Marathon Petroleum is Mr. Michael J. Hennigan, Executive Chairman of the Board, who commands a salary of $7,110,000.00 per year. Learn More on Timothy J. Aydt's salary.
How do I contact Timothy J. Aydt?
Has Timothy J. Aydt been buying or selling shares of Marathon Petroleum?
Timothy J. Aydt has not been actively trading shares of Marathon Petroleum in the last ninety days. Most recently, Timothy J. Aydt sold 4,913 shares of the business's stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $145.26, for a transaction totalling $713,662.38. Following the completion of the sale, the vice president now directly owns 18,995 shares of the company's stock, valued at $2,759,213.70. Learn More on Timothy J. Aydt's trading history.
Who are Marathon Petroleum's active insiders?
Are insiders buying or selling shares of Marathon Petroleum?
In the last twelve months, insiders at the oil and gas company sold shares 3 times. They sold a total of 8,436 shares worth more than $1,295,749.16. The most recent insider tranaction occured on March, 1st when Director Kim K.W. Rucker sold 1,000 shares worth more than $170,350.00. Insiders at Marathon Petroleum own 0.2% of the company.
Learn More about insider trades at Marathon Petroleum. Information on this page was last updated on 3/1/2024.
