Marathon Petroleum Corporation

NYSE:MPC Stock Report

Mkt Cap: US$53.7b

Marathon Petroleum Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Mike Hennigan (63 yo)

2.83yrs

Tenure

US$21,185,206

Compensation

Mr. Michael J. Hennigan, also known as Mike, is Chairman of the Board of MPLX GP LLC, the General Partner of MPLX LP since April 29, 2020. Mr. Hennigan is Chief Executive Officer at MPLX GP LLC, the Genera...


CEO Compensation Analysis

How has Mike Hennigan's remuneration changed compared to Marathon Petroleum's earnings?
DateTotal Comp.SalaryCompany Earnings
Dec 31 2022n/an/a

US$14b

Sep 30 2022n/an/a

US$12b

Jun 30 2022n/an/a

US$8b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$21mUS$2m

US$1b

Sep 30 2021n/an/a

US$475m

Jun 30 2021n/an/a

-US$1b

Mar 31 2021n/an/a

-US$2b

Dec 31 2020US$16mUS$1m

-US$11b

Sep 30 2020n/an/a

-US$11b

Jun 30 2020n/an/a

-US$9b

Mar 31 2020n/an/a

-US$8b

Dec 31 2019US$8mUS$954k

US$2b

Compensation vs Market: Mike's total compensation ($USD21.19M) is above average for companies of similar size in the US market ($USD12.45M).

Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Michael Hennigan
President2.92yrsUS$21.19m0.052%
$ 28.1m
Maryann Mannen
Executive VP & CFO2.08yrsUS$11.18m0.020%
$ 10.9m
Suzanne Gagle
Senior VP of Government Affairs & General Counsel6.92yrsUS$4.74m0.0097%
$ 5.2m
Carl Hagedorn
Senior VP1.42yrsno data0.0017%
$ 901.5k
Timothy Harris
VP & Chief Technology Officer4.33yrsno datano data
Kristina Kazarian
Vice President of Finance & Investor Relations4.83yrsno datano data
Molly Benson
VP, Chief Securities6.92yrsno datano data
Fiona Laird
Senior VP of Communications & Chief Human Resources Officer4.33yrsno datano data
John Swearingen
Senior Vice President of Transportation and Logistics7.92yrsno datano data
Brian Partee
Senior Vice President of Global Clean Products2yrsno datano data
James Wilkins
Senior Vice President of Health2yrsno datano data
Rick Hessling
Senior Vice President of Global Feedstocks4.33yrsno datano data

4.3yrs

Average Tenure

55yo

Average Age

Experienced Management: MPC's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Hennigan
President2.83yrsUS$21.19m0.052%
$ 28.1m
Susan Tomasky
Independent Director5.08yrsUS$360.00k0.0023%
$ 1.2m
Charles Bunch
Independent Director7.42yrsUS$352.50k0.0014%
$ 756.6k
Frank Semple
Independent Director1.83yrsUS$450.08kno data
John Surma
Independent Non Executive Chairman of the Board11.58yrsUS$735.00k0.0021%
$ 1.1m
Jonathan Cohen
Independent Director3.17yrsUS$325.00k0.0024%
$ 1.3m
B. Bayh
Independent Director11.58yrsUS$336.76k0.0024%
$ 1.3m
Edward Galante
Independent Director4.33yrsUS$355.00k0.0014%
$ 735.2k
Kim K. Rucker
Independent Director4.33yrsUS$325.00k0.0087%
$ 4.7m
Abdulaziz Bin Fahd Al-Khayyal
Independent Director6.33yrsUS$330.00k0.0043%
$ 2.3m
John Stice
Independent Director6yrsUS$535.00k0.0040%
$ 2.2m

5.1yrs

Average Tenure

68yo

Average Age

Experienced Board: MPC's board of directors are considered experienced (5.1 years average tenure).