Marathon Oil Management
Management criteria checks 4/4
Marathon Oil's CEO is Lee Tillman, appointed in Aug 2013, has a tenure of 10.67 years. total yearly compensation is $12.83M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $25.64M. The average tenure of the management team and the board of directors is 5.8 years and 4.6 years respectively.
Key information
Lee Tillman
Chief executive officer
US$12.8m
Total compensation
| CEO salary percentage | 9.4% |
| CEO tenure | 10.7yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.8yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Is There An Opportunity With Marathon Oil Corporation's (NYSE:MRO) 22% Undervaluation?
Apr 19
Is Marathon Oil (NYSE:MRO) A Risky Investment?
Apr 05Marathon Oil: Strong Setup For 2024
Mar 24Marathon Oil (NYSE:MRO) Is Looking To Continue Growing Its Returns On Capital
Mar 07Marathon Oil: The Price Is Right
Mar 04Marathon Oil Corporation's (NYSE:MRO) Share Price Is Matching Sentiment Around Its Earnings
Feb 12Here's Why Marathon Oil (NYSE:MRO) Has A Meaningful Debt Burden
Jan 01Marathon Oil: Opportunity To Buy An Energy Stock While Price Is Low And Demand Stabilizes
Dec 18There's Been No Shortage Of Growth Recently For Marathon Oil's (NYSE:MRO) Returns On Capital
Nov 22Marathon Oil: Free Cash Flow Machine And Portfolio Hedge
Nov 05Marathon Oil's (NYSE:MRO) Upcoming Dividend Will Be Larger Than Last Year's
Oct 31Marathon Oil Corporation (NYSE:MRO) Shares Could Be 35% Below Their Intrinsic Value Estimate
Oct 24Marathon Oil: A Top-Tier Oil Play And Potential M&A Target
Oct 24Marathon Oil (NYSE:MRO) Seems To Use Debt Quite Sensibly
Sep 27Accelerating Cash Flow Makes Marathon A Buy
Sep 22Marathon Oil: Low Dividend Payout Is Not Helping The Long Narrative
Sep 03Returns On Capital Are Showing Encouraging Signs At Marathon Oil (NYSE:MRO)
Aug 23Marathon Oil: Risk Factors In Gas Valuation And Limited Returns (Rating Downgrade)
Aug 19An Intrinsic Calculation For Marathon Oil Corporation (NYSE:MRO) Suggests It's 28% Undervalued
Jul 25With EPS Growth And More, Marathon Oil (NYSE:MRO) Makes An Interesting Case
Jul 01Marathon Oil: A Potential Dividend Powerhouse
Jun 21Does Marathon Oil (NYSE:MRO) Have A Healthy Balance Sheet?
Jun 19Marathon Oil: More Downside Risk
Jun 12Marathon Oil: Strong Headwinds Ahead
Jun 06Marathon Oil's (NYSE:MRO) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Marathon Oil (NYSE:MRO) Might Have The Makings Of A Multi-Bagger
May 09An Intrinsic Calculation For Marathon Oil Corporation (NYSE:MRO) Suggests It's 25% Undervalued
Apr 13We Ran A Stock Scan For Earnings Growth And Marathon Oil (NYSE:MRO) Passed With Ease
Mar 26Here's Why Marathon Oil (NYSE:MRO) Can Manage Its Debt Responsibly
Mar 14Marathon Oil: Shares Looking For Direction Post Q4 Earnings
Feb 17Returns On Capital Are A Standout For Marathon Oil (NYSE:MRO)
Jan 31Marathon Oil raises dividend by 11% to $0.10
Jan 25Marathon Oil: What To Expect From 2023
Jan 17Marathon Oil: Buying On A Fresh Swing Low (Technical Analysis)
Jan 04Is Marathon Oil Corporation (NYSE:MRO) Trading At A 42% Discount?
Dec 23Strong Fundamentals Support Marathon Oil Profitability In 2023
Dec 16Marathon Oil (NYSE:MRO) Could Easily Take On More Debt
Dec 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$13m | US$1m | US$2b |
| 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$830m |
Compensation vs Market: Lee's total compensation ($USD12.83M) is about average for companies of similar size in the US market ($USD13.41M).
Compensation vs Earnings: Lee's compensation has been consistent with company performance over the past year.
CEO
Lee Tillman (61 yo)
10.7yrs
Tenure
US$12,830,222
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 | 10.7yrs | US$12.83m | 0.16% $ 25.6m | |
| Executive VP & CFO | 7.1yrs | US$4.23m | 0.012% $ 1.9m | |
| Executive Vice President of Operations | 3.9yrs | US$3.47m | 0.0076% $ 1.2m | |
| Executive VP | 3.3yrs | US$3.03m | 0.012% $ 1.8m | |
| Executive Vice President of Corporate Development & Strategy | 6.4yrs | US$3.55m | 0.013% $ 2.1m | |
| VP, Controller & Chief Accounting Officer | 2.2yrs | no data | 0.0036% $ 557.4k | |
| Senior VP of Technology & Innovation and Chief Information Officer | 10.8yrs | no data | no data | |
| Vice President of Investor Relations | 5.8yrs | no data | no data | |
| Senior VP of Human Resources | 2.3yrs | no data | no data |
5.8yrs
Average Tenure
55.5yo
Average Age
Experienced Management: MRO's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 10.7yrs | US$12.83m | 0.16% $ 25.6m | |
| Independent Director | 1.3yrs | US$30.42k | 0.000070% $ 11.0k | |
| Independent Director | 10.3yrs | US$311.25k | 0.010% $ 1.6m | |
| Independent Director | 3.1yrs | US$317.00k | 0.000030% $ 4.7k | |
| Independent Lead Director | 9.3yrs | US$322.39k | 0.0036% $ 555.9k | |
| Independent Director | 3.3yrs | US$311.25k | 0.0035% $ 546.5k | |
| Independent Director | 1.2yrs | no data | 0% $ 0 | |
| Independent Director | 6yrs | US$310.00k | 0.0073% $ 1.1m |
4.6yrs
Average Tenure
62yo
Average Age
Experienced Board: MRO's board of directors are considered experienced (4.6 years average tenure).