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
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | n/a | n/a | US$14b |
| Sep 30 2022 | n/a | n/a | US$12b |
| Jun 30 2022 | n/a | n/a | US$8b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$21m | US$2m | US$1b |
| Sep 30 2021 | n/a | n/a | US$475m |
| Jun 30 2021 | n/a | n/a | -US$1b |
| Mar 31 2021 | n/a | n/a | -US$2b |
| Dec 31 2020 | US$16m | US$1m | -US$11b |
| Sep 30 2020 | n/a | n/a | -US$11b |
| Jun 30 2020 | n/a | n/a | -US$9b |
| Mar 31 2020 | n/a | n/a | -US$8b |
| Dec 31 2019 | US$8m | US$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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.92yrs | US$21.19m | 0.052% $ 28.1m | |
| Executive VP & CFO | 2.08yrs | US$11.18m | 0.020% $ 10.9m | |
| Senior VP of Government Affairs & General Counsel | 6.92yrs | US$4.74m | 0.0097% $ 5.2m | |
| Senior VP | 1.42yrs | no data | 0.0017% $ 901.5k | |
| VP & Chief Technology Officer | 4.33yrs | no data | no data | |
| Vice President of Finance & Investor Relations | 4.83yrs | no data | no data | |
| VP, Chief Securities | 6.92yrs | no data | no data | |
| Senior VP of Communications & Chief Human Resources Officer | 4.33yrs | no data | no data | |
| Senior Vice President of Transportation and Logistics | 7.92yrs | no data | no data | |
| Senior Vice President of Global Clean Products | 2yrs | no data | no data | |
| Senior Vice President of Health | 2yrs | no data | no data | |
| Senior Vice President of Global Feedstocks | 4.33yrs | no data | no data |
4.3yrs
Average Tenure
55yo
Average Age
Experienced Management: MPC's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.83yrs | US$21.19m | 0.052% $ 28.1m | |
| Independent Director | 5.08yrs | US$360.00k | 0.0023% $ 1.2m | |
| Independent Director | 7.42yrs | US$352.50k | 0.0014% $ 756.6k | |
| Independent Director | 1.83yrs | US$450.08k | no data | |
| Independent Non Executive Chairman of the Board | 11.58yrs | US$735.00k | 0.0021% $ 1.1m | |
| Independent Director | 3.17yrs | US$325.00k | 0.0024% $ 1.3m | |
| Independent Director | 11.58yrs | US$336.76k | 0.0024% $ 1.3m | |
| Independent Director | 4.33yrs | US$355.00k | 0.0014% $ 735.2k | |
| Independent Director | 4.33yrs | US$325.00k | 0.0087% $ 4.7m | |
| Independent Director | 6.33yrs | US$330.00k | 0.0043% $ 2.3m | |
| Independent Director | 6yrs | US$535.00k | 0.0040% $ 2.2m |
5.1yrs
Average Tenure
68yo
Average Age
Experienced Board: MPC's board of directors are considered experienced (5.1 years average tenure).