$65.2 billion Marathon Oil Corp. has elected Michael E.J. Phelps to its board of directors, effective Jan. 1.

Phelps is chairman and founder of Dornoch Capital, Inc., a private investment company based in Vancouver, British Columbia. Prior to forming Dornoch in 2002, Phelps worked for Westcoast Energy, a natural gas company.

Phelps joined Westcoast, also headquartered in Vancouver in 1982, as a corporate development executive. In 1987, he was promoted to chief financial officer and 18 months later, was named president and CEO. In 1992, he was named chairman and CEO, a position he held until the company was sold to Duke Energy in 2002.

Under his leadership, Westcoast went through a period of rapid growth. Assets increased from $800 million to $15 billion, net income improved from $41 million to $550 million, and the company grew from 1,000 employees to 15,000 employees.

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