Marathon Oil CIO To Retire (MRO)
Thomas K. Sneed, vice president and chief information officer at Marathon Oil Corp. (MRO), has decided to retire September 1st after 32 years at the company. His successor, Bruce A. McCullough, was also announced this afternoon and will start stepping into the role later this month. McCullough most recently served as the director of Global Business Systems at Anadarko Petroleum Corp (APC).
Marathon shares were down 2.61% by the end of day mirroring the trend of other blue chips after a lackluster day of trading.
The Bottom Line
Shares of Marathon Oil Corp. (MRO) currently have a dividend yield of about 1.94%, based on Wednesday’s closing price of $34.05.
Marathon Oil Corp. (MRO) is neutral at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.
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