Michael J. Hennigan
2020
In 2020, Michael J. Hennigan earned a total compensation of $15.5M as President and CEO at Marathon Petroleum, a 103% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $440,104 |
|---|---|
| Non-Equity Incentive Plan | $3,079,333 |
| Option Awards | $1,104,000 |
| Salary | $1,485,417 |
| Stock Awards | $8,988,339 |
| Other | $437,072 |
| Total | $15,534,265 |
Hennigan received $9M in stock awards, accounting for 58% of the total pay in 2020.
Hennigan also received $440.1K of change in pension value and nonqualified deferred compensation earnings, $3.1M in non-equity incentive plan, $1.1M in option awards, $1.5M in salary and $437.1K in other compensation.
Rankings
In 2020, Michael J. Hennigan's compensation ranked 375th out of 13,090 executives tracked by ExecPay. In other words, Hennigan earned more than 97.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 375 out of 13,090 | 97th |
Division Manufacturing | 131 out of 5,617 | 98th |
Major group Petroleum Refining And Related Industries | 3 out of 33 | 91st |
Industry group Petroleum Refining | 3 out of 28 | 89th |
Industry Petroleum Refining | 3 out of 28 | 89th |
Source: SEC filing on March 15, 2021.
Hennigan's colleagues
We found five more compensation records of executives who worked with Michael J. Hennigan at Marathon Petroleum in 2020.
2020
Gary Heminger
Marathon Petroleum
Chief Executive Officer
2020
Donald Templin
Marathon Petroleum
Chief Financial Officer
2020
Timothy Griffith
Marathon Petroleum
President, Speedway LLC
2020
Raymond Brooks
Marathon Petroleum
Executive Vice President, Refining
2020
Suzanne Gagle
Marathon Petroleum