MPLX Management

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

4.2yrs

Average management tenure


CEO

Mike Hennigan (63 yo)

5.5yrs

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 MPLX's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

US$4b

Jun 30 2022n/an/a

US$3b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$21mUS$2m

US$3b

Sep 30 2021n/an/a

US$3b

Jun 30 2021n/an/a

US$3b

Mar 31 2021n/an/a

US$3b

Dec 31 2020US$15mUS$1m

-US$842m

Sep 30 2020n/an/a

-US$2b

Jun 30 2020n/an/a

-US$2b

Mar 31 2020n/an/a

-US$2b

Dec 31 2019US$8mUS$954k

US$910m

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$2b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$5mUS$875k

US$2b

Sep 30 2018n/an/a

US$1b

Jun 30 2018n/an/a

US$1b

Mar 31 2018n/an/a

US$744m

Dec 31 2017US$8mUS$430k

US$411m

Compensation vs Market: Mike's total compensation ($USD21.19M) is above average for companies of similar size in the US market ($USD12.88M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Michael Hennigan
Chairman of the Board5.5yrsUS$21.19m0.027%
$ 9.1m
John Quaid
Executive VP1.25yrsUS$2.43m0.0025%
$ 861.8k
Gregory Floerke
Executive VP & COO of MPLX GP LLC2.33yrsUS$2.84m0.0080%
$ 2.7m
Suzanne Gagle
General Counsel of MPLX GP LLC5.17yrsUS$4.74m0.0059%
$ 2.0m
Timothy Aydt
Executive Vice President of MPLX GP LLC0.92yrUS$2.69m0.0034%
$ 1.2m
Shawn Lyon
Senior Vice President of Logistics & Storage - MPLX GP LLC4.08yrsno data0.00041%
$ 139.1k
Kelly Wright
VP, Controller & Principal Accounting Officer of MPLX GP LLC1.25yrsno datano data
Kristina Kazarian
Vice President of Investor Relations - MPLX GP LLC4.67yrsno datano data
Molly Benson
VP, Chief Securities6.75yrsno datano data
Phillip Anderson
Senior Vice President of Business Development of MPLX GP LLC4.17yrsno datano data
Rick Hessling
Senior Vice President of MPLX GP LLC4.17yrsno datano data
Brian Partee
Senior Vice President of MPLX GP LLC4.17yrsno datano data

4.2yrs

Average Tenure

55yo

Average Age

Experienced Management: MPLX's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Hennigan
Chairman of the Board5.5yrsUS$21.19m0.027%
$ 9.1m
John Quaid
Executive VP0.92yrUS$2.43m0.0025%
$ 861.8k
Christopher Helms
Independent Director of MPLX GP LLC10.17yrsUS$215.00k0.0056%
$ 1.9m
Dan Sandman
Independent Lead Director of MPLX GP LLC10.17yrsUS$235.00k0.013%
$ 4.2m
Frank Semple
Independent Director of MPLX GP LLC7yrsUS$220.43k0.049%
$ 16.7m
John Surma
Independent Director of MPLX GP LLC10.17yrsUS$200.00k0.0060%
$ 2.0m
Christine Breves
Director0.083yrno datano data
Garry Peiffer
Independent Director of MPLX GP LLC10.5yrsUS$219.00k0.011%
$ 3.7m
Maryann Mannen
Director of MPLX GP LLC1.83yrsno data0.0054%
$ 1.8m
John Stice
Independent Director of MPLX GP LLC4.67yrsUS$200.00k0.0032%
$ 1.1m

6.3yrs

Average Tenure

67yo

Average Age

Experienced Board: MPLX's board of directors are considered experienced (6.3 years average tenure).