Crist|Kolder Associates Recruits CFO for Marathon Petroleum Corp.
January 7, 2026 – Crist|Kolder Associates has helped to recruit Maria A. Khoury as executive vice president and chief financial officer of NYSE-traded Marathon Petroleum Corp. (MPC). She will succeed John J. Quaid, who will remain with the company for a period of transition.
“Maria’s deep financial operations expertise and broad industry experience from 25 years as a global finance business leader, including previous roles in oil and gas, will be a strong addition to our executive team as we pursue MPC’s strategic objectives,” said chairman-elect, president and chief executive officer Maryann Mannen. “Her proven abilities to develop competitive capital allocation, growth, financial planning, and risk management strategies will advance our efforts to continue positioning the company to deliver industry-leading cash generation and capital returns. On behalf of our boards of directors, I thank John for his many contributions to MPC and MPLX.”
Since 2021, Ms. Khoury has served as vice president, group CFO biotechnology for Danaher, a global science and technology innovator, where she has finance responsibility for Cytiva (formerly GE Healthcare Biopharma) and Pall Life Sciences, including oversight of the controllership, treasury, and tax functions. From 2017-2020, she served as vice president, finance and IT for GE Healthcare Life Sciences, based in the United Kingdom.
Prior to her focus on life sciences, Ms. Khoury served in financial leadership positions for GE Oil & Gas in the United States and Italy from 2010 to 2017, including as CFO of GE’s Drilling and Surface division. From 1999 to 2010, she held global positions of increasing responsibility in financial planning and analysis and treasury for GE Corporate and GE Capital Treasury. Before joining GE in 1999, Ms. Khoury spent five years with Cargill, Inc., where she began her finance career.
Marathon Petroleum Corp. is an integrated, downstream and midstream energy company headquartered in Findlay, OH. The company operates the nation’s largest refining system. MPC’s marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.
Related: The Evolving Role of the CFO
Crist|Kolder Associates focuses on CEO, CFO, COO, board of directors and succession search for a broad range of industries. The firm has filled line management and board positions for more than 100 clients relying on what it calls “the intellectual capital” of its senior partners and professional team. Given the strength of the firm’s CFO practice, Crist|Kolder has also established a strong position in finance #2 searches, including treasurers, controllers, group CFOs, IROs, CAEs and others.
The Timken Company Search
Crist|Kolder Associates also recently helped to recruit Lucian Boldea as the new president and CEO of NYSE-traded The Timken Company in North Canton, OH. He will succeed Richard G. Kyle, who has been in an interim role since March after having previously served as president and CEO from 2014 to 2024.
Crist|Kolder Associates Fills Top Investor Relations Post for Agilent Technologies
Crist|Kolder Associates has assisted in the recruitment of Tejas Savant as vice president of investor relations of Agilent Technologies. The search was led by Crist|Kolder’s IR practice leader, Sanya Badr. “The art of clear storytelling has never been more impactful than in today’s climate of uncertainty,” she said. “The rise in demand we have experienced from our clients seeking masters of the IR craft has been unprecedented, as public company CEOs and CFOs increasingly seek a balance of skills cutting across financial analysis, strategy, and operational excellence, all wrapped in superlative communication skills and Wall Street credibility.”
“Following a comprehensive search, the board is confident that Lucian is the right leader to continue to advance Timken’s strategy, accelerate growth and deliver long-term returns for stakeholders,” said John Timken, chairman of the board. “He shares our values and has the vision, experience and leadership qualities to take Timken to new levels of performance.”
Mr. Boldea is a globally recognized executive, thought leader and innovator in industrial automation and advanced manufacturing. Since joining Honeywell in 2022, he has been at the forefront of the company’s transformation toward autonomous operations, leveraging artificial intelligence, IoT (Internet of Things) and advanced sensor technologies. Previously, Mr. Boldea served in executive roles at Eastman Chemical Company, starting his career there as a chemist and advancing through a variety of leadership, strategy and operational positions over more than two decades.
Related: The Ultimate Guide to Assisting CFOs — From Recruitment to Reaching Growth Goals
Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media
