Sunoco LP CEO Mike Hennigan Defects to MPLX/MarkWest Energy

Michael Hennigan

Mike Hennigan was, until late last year, president and CEO of Sunoco Logistics Partners–builder of the Mariner East pipeline projects and operator of the Marcus Hook refinery near Philadelphia. Sunoco LP has (for years) been a subsidiary of Energy Transfer (ET). Last November, ET announced it was combining two subsidiaries together into one operation–Sunoco LP and Energy Transfer Partners (see ETE Merging Sunoco Logistics and Energy Transfer Partners). Although on paper Sunoco LP swallowed ETP, the new entity retained the ETP name and ETP’s top management. Exactly how Mike fit into the new arrangement we’re not sure. We know his title became president for crude, liquids and refined products. We’re guessing Mike’s new role wasn’t as satisfying as the old role, because he’s jumping ship. Mike is leaving ET and moving to Marathon Petroleum, to become president of subsidiary MPLX. You may recall that MPLX is Marathon’s pipeline subsidiary which, in late 2015, bought out and merged in MarkWest Energy–a huge Marcellus/Utica player in the midstream space (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). So, in a nutshell, Mike Hennigan is leaving Sunoco LP to become the new head of MarkWest Energy…

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.
Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.