MPLX LP and MarkWest Energy Partners, L.P. today announced the completion of the previously announced merger by which MarkWest became a wholly owned subsidiary of MPLX.
As of this morning, MarkWest ceased to be a publicly traded partnership and its common units discontinued trading on the New York Stock Exchange. Also effective with the closing are the following director and executive appointments:
Frank M. Semple has been named vice chairman of the general partner of MPLX and has been elected to its board of directors. Mr. Semple previously served as MarkWest’s chairman, president and chief executive officer, Michael L. Beatty has been elected to the board of directors of the general partner of MPLX.
C. Corwin Bromley has been named executive vice president, general counsel (chief legal officer) and secretary of the general partner of MPLX. Mr. Bromley previously served as MarkWest’s executive vice president, general counsel and secretary. John C. Mollenkopf has been named executive vice president and chief operating officer – MarkWest assets at the general partner of MPLX. Mr. Mollenkopf previously served as MarkWest’s executive vice president and chief operating officer. Gregory S. Floerke has been named executive vice president and chief commercial officer – MarkWest assets at the general partner of MPLX. Mr. Floerke previously served as MarkWest’s executive vice president and chief commercial officer.
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