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Marathon Oil director to leave board
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Michael Phelps will not be standing for re-election as a member of Marathon Oil Corp.'s board of directors.
Phelps' term as director will end effective as of the company's 2018 annual stockholders meeting on May 30. He will be leaving to pursue other opportunities, according to a May 9 SEC filing.
Marathon expects to reduce the size of the board following the annual meeting.