C. Michael Palmer
2016
In 2016, C. Michael Palmer earned a total compensation of $3.1M as Senior Vice President, Supply, Distribution and Planning at Marathon Petroleum, a 12% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $195,709 |
|---|---|
| Non-Equity Incentive Plan | $725,000 |
| Option Awards | $578,001 |
| Salary | $637,500 |
| Stock Awards | $828,663 |
| Other | $110,767 |
| Total | $3,075,640 |
Palmer received $828.7K in stock awards, accounting for 27% of the total pay in 2016.
Palmer also received $195.7K of change in pension value and nonqualified deferred compensation earnings, $725K in non-equity incentive plan, $578K in option awards, $637.5K in salary and $110.8K in other compensation.
Rankings
In 2016, C. Michael Palmer's compensation ranked 3,085th out of 14,075 executives tracked by ExecPay. In other words, Palmer earned more than 78.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,085 out of 14,075 | 78th |
Division Manufacturing | 1,073 out of 5,488 | 80th |
Major group Petroleum Refining And Related Industries | 28 out of 54 | 48th |
Industry group Petroleum Refining | 27 out of 47 | 43rd |
Industry Petroleum Refining | 27 out of 47 | 43rd |
Source: SEC filing on March 15, 2017.
Palmer's colleagues
We found four more compensation records of executives who worked with C. Michael Palmer at Marathon Petroleum in 2016.