Sult leaves post as Marathon Oil chief financial officer

Aug. 22, 2016
JR Sult, currently executive vice-president and chief financial officer at Marathon Oil Corp., Houston, has elected to leave the firm for personal reasons following a transition period.

JR Sult, currently executive vice-president and chief financial officer at Marathon Oil Corp., Houston, has elected to leave the firm for personal reasons following a transition period.

Marathon says his departure “is not related to any disagreement with the company regarding financial disclosures, accounting, or business matters.”

Pat Wagner has been appointed interim chief financial officer while the firm conducts a search for a permanent replacement. Wagner, vice-president of corporate development and strategy, joined Marathon Oil in 2014. He has extensive financial and operational experience, including senior roles at QR Energy LP, Scotia Waterous, and Devon Energy Corp.