C. Michael Palmer
2017
In 2017, C. Michael Palmer earned a total compensation of $3.5M as Senior Vice President, Supply, Distribution and Planning at Marathon Petroleum, a 13% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $178,139 |
|---|---|
| Non-Equity Incentive Plan | $900,000 |
| Option Awards | $578,002 |
| Salary | $650,000 |
| Stock Awards | $1,063,443 |
| Other | $101,874 |
| Total | $3,471,458 |
Palmer received $1.1M in stock awards, accounting for 31% of the total pay in 2017.
Palmer also received $178.1K of change in pension value and nonqualified deferred compensation earnings, $900K in non-equity incentive plan, $578K in option awards, $650K in salary and $101.9K in other compensation.
Rankings
In 2017, C. Michael Palmer's compensation ranked 3,044th out of 14,666 executives tracked by ExecPay. In other words, Palmer earned more than 79.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 3,044 out of 14,666 | 79th |
Division Manufacturing | 1,048 out of 5,770 | 82nd |
Major group Petroleum Refining And Related Industries | 31 out of 60 | 48th |
Industry group Petroleum Refining | 30 out of 50 | 40th |
Industry Petroleum Refining | 30 out of 50 | 40th |
Source: SEC filing on March 15, 2018.
Palmer's colleagues
We found four more compensation records of executives who worked with C. Michael Palmer at Marathon Petroleum in 2017.