Marathon Oil shuffles management, in search of new CFO

Houston-based energy company and operator of the Equatorial Guinea LNG plant, Marathon Oil on Monday said it has started a search for a new CFO following the departure of J.R. Sult, executive vice president and CFO. 

The company noted that the departure is for personal reasons and not related to a disagreement.

Sult will stay with the company during the transition period, the company’s statement reads.

Pat Wagner, vice president of corporate development and strategy, has been named interim chief financial officer while the Company conducts a search for a new CFO.

In addition to the CFO search, Marathon Oil made several other changes to its leadership team naming T. Mitch Little as executive vice president, operations, to oversee the resource play and conventional businesses. Little, currently vice president, conventional, has been with the company since 1986.

With the promotion of T. Mitch Little, Cathy Krajicek, currently vice president of technology and innovation, has been appointed vice president, conventional.

Bruce McCullough, currently vice president and chief information officer, has been named as vice president, technology and innovation, and retains his role as chief information officer. Lance Robertson, vice president, Resource Plays, has elected to leave the Company to pursue other opportunities.

Lance Robertson, vice president, resource plays, has elected to leave the company to pursue other opportunities, Marathon Oil said.

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