OREANDA-NEWS. July 30, 2015. Marathon Petroleum Corporation (NYSE: MPC) today announced that Charles E. Bunch has been elected to the company's board of directors, to be effective Sept. 22, 2015.

Bunch is chairman of the board and chief executive officer of PPG Industries, a role he has held since 2005. Effective Sept. 1, 2015, he will retire as chief executive officer and remain as executive chairman of PPG. Bunch also serves as a member of the boards of directors of ConocoPhillips and the PNC Financial Services Group.

"Mr. Bunch's strategic business acumen will be a tremendous asset to Marathon Petroleum Corporation's shareholders," said Thomas J. Usher, the company's non-executive chairman of the board. "His long and diverse experience at PPG, combined with his current directorships in upstream oil and financial services, will bring additional depth of expertise to MPC's talented board as we continue focusing on value-creation for our owners." The election of Bunch increases the size of MPC's board to 11 directors.

After joining PPG in 1979, Bunch held positions in finance and planning, marketing and general management in the U.S. and Europe during his first 12 years with the company. He was named general manager of architectural coatings in 1992, vice president of that unit in 1994 and vice president, fiberglass, in 1995. Bunch was elected senior vice president of strategic planning and corporate services in 1997 and executive vice president, coatings, in early 2000. He was named president, chief operating officer and board member in 2002 and chief executive officer in 2005.

Bunch received a degree in international affairs from Georgetown University and a master of business administration from the Harvard University Graduate School of Business Administration.