C. Michael Palmer
2015
In 2015, C. Michael Palmer earned a total compensation of $3.5M as Senior Vice President, Supply, Distribution and Planning at Marathon Petroleum, a 5% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $392,638 |
|---|---|
| Non-Equity Incentive Plan | $750,000 |
| Option Awards | $578,016 |
| Salary | $587,500 |
| Stock Awards | $1,099,727 |
| Other | $103,869 |
| Total | $3,511,750 |
Palmer received $1.1M in stock awards, accounting for 31% of the total pay in 2015.
Palmer also received $392.6K of change in pension value and nonqualified deferred compensation earnings, $750K in non-equity incentive plan, $578K in option awards, $587.5K in salary and $103.9K in other compensation.
Rankings
In 2015, C. Michael Palmer's compensation ranked 2,585th out of 13,638 executives tracked by ExecPay. In other words, Palmer earned more than 81.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,585 out of 13,638 | 81st |
Division Manufacturing | 916 out of 5,187 | 82nd |
Major group Petroleum Refining And Related Industries | 25 out of 47 | 47th |
Industry group Petroleum Refining | 25 out of 42 | 41st |
Industry Petroleum Refining | 25 out of 42 | 41st |
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 2015.