Magellan Midstream Announces April 30 Retirement of Chief Executive Officer, Names Successor [MarketWatch]
Magellan Midstream Partners L.P. Limited Partnership (MMP)
Last magellan midstream partners l.p. limited partnership earnings: 5/1 08:00 am
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Source: MarketWatch
TULSA, Okla., Jan. 26, 2022 /PRNewswire via COMTEX/ -- TULSA, Okla., Jan. 26, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that Michael Mears will retire on April 30. Mears has served as president, chief executive officer and chairman of the board for Magellan since 2011. Aaron Milford, 48, will succeed Mears as president and chief executive officer and will become a board member effective May 1. Currently, Milford serves as the partnership's chief operating officer. At the same time, Barry Pearl, who now serves as lead director, will become chairman of the board, separating the roles of chairman and chief executive officer consistent with governance best practices. "The entire board has great confidence in Aaron's leadership capabilities, business acumen and strategic vision," said Mears. "Aaron is well known and respected by the investment community and has been a key contributor to Magellan's disciplined track record and financial streng
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