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Marathon Oil Management
Management criteria checks 3/4
Marathon Oil's CEO is Lee Tillman, appointed in Aug 2013, has a tenure of 10.33 years. total yearly compensation is $11.93M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth €19.24M. The average tenure of the management team and the board of directors is 5.4 years and 4.3 years respectively.
Key information
Lee Tillman
Chief executive officer
US$11.9m
Total compensation
| CEO salary percentage | 10.1% |
| CEO tenure | 10.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.4yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$12m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$3b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$13m | US$1m | US$946m |
| Sep 30 2021 | n/a | n/a | -US$41m |
| Jun 30 2021 | n/a | n/a | -US$542m |
| Mar 31 2021 | n/a | n/a | -US$1b |
| Dec 31 2020 | US$12m | US$1m | -US$1b |
| Sep 30 2020 | n/a | n/a | -US$1b |
| Jun 30 2020 | n/a | n/a | -US$651m |
| Mar 31 2020 | n/a | n/a | US$260m |
| Dec 31 2019 | US$14m | US$1m | US$480m |
| Sep 30 2019 | n/a | n/a | US$890m |
| Jun 30 2019 | n/a | n/a | US$979m |
| Mar 31 2019 | n/a | n/a | US$914m |
| Dec 31 2018 | US$12m | US$1m | US$1b |
| Sep 30 2018 | n/a | n/a | US$678m |
| Jun 30 2018 | n/a | n/a | -US$175m |
| Mar 31 2018 | n/a | n/a | -US$424m |
| Dec 31 2017 | US$10m | US$1m | -US$830m |
| Sep 30 2017 | n/a | n/a | -US$2b |
| Jun 30 2017 | n/a | n/a | -US$2b |
| Mar 31 2017 | n/a | n/a | -US$2b |
| Dec 31 2016 | US$9m | US$1m | -US$2b |
Compensation vs Market: Lee's total compensation ($USD11.93M) is above average for companies of similar size in the German market ($USD4.53M).
Compensation vs Earnings: Lee's compensation has been consistent with company performance over the past year.
CEO
Lee Tillman (61 yo)
10.3yrs
Tenure
US$11,931,683
Compensation
Mr. Lee M. Tillman has been the Chief Executive Officer, President and Director of Marathon Oil Corporation since August 1, 2013 and its Chairman since February 1, 2019. Mr. Tillman served as a Vice Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 10.3yrs | US$11.93m | 0.15% € 19.2m | |
| Executive VP & CFO | 6.8yrs | US$4.34m | 0.0096% € 1.3m | |
| Executive Vice President of Operations | 3.6yrs | US$2.89m | 0.0043% € 563.5k | |
| Executive VP | 2.9yrs | US$2.62m | 0.0035% € 465.6k | |
| Executive Vice President of Corporate Development & Strategy | 6.1yrs | US$3.20m | 0.015% € 1.9m | |
| VP, Controller & Chief Accounting Officer | 1.8yrs | no data | 0.0018% € 242.1k | |
| Senior VP of Technology & Innovation and Chief Information Officer | 10.5yrs | no data | no data | |
| Vice President of Investor Relations | 5.4yrs | no data | no data | |
| VP of Human Resources | 1.9yrs | no data | no data |
5.4yrs
Average Tenure
55.5yo
Average Age
Experienced Management: USS's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 10.3yrs | US$11.93m | 0.15% € 19.2m | |
| Independent Director | less than a year | US$30.42k | 0% € 0 | |
| Independent Director | 9.9yrs | US$267.50k | 0.0089% € 1.2m | |
| Independent Director | 2.8yrs | US$266.75k | 0.000030% € 4.0k | |
| Independent Lead Director | 9yrs | US$272.58k | 0.0035% € 457.7k | |
| Independent Director | 2.9yrs | US$255.00k | 0.0023% € 302.9k | |
| Independent Director | less than a year | no data | 0% € 0 | |
| Independent Director | 5.7yrs | US$261.25k | 0.0063% € 829.4k |
4.3yrs
Average Tenure
62yo
Average Age
Experienced Board: USS's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/06 03:19 |
| End of Day Share Price | 2023/09/08 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Marathon Oil Corporation is covered by 46 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Finbarr MacCarthy | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |