Timothy T. Griffith
2020
In 2020, Timothy T. Griffith earned a total compensation of $5.8M as President, Speedway LLC at Marathon Petroleum, a 11% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $382,220 |
|---|---|
| Non-Equity Incentive Plan | $1,285,667 |
| Option Awards | $891,004 |
| Salary | $868,750 |
| Stock Awards | $2,169,261 |
| Other | $242,547 |
| Total | $5,839,449 |
Griffith received $2.2M in stock awards, accounting for 37% of the total pay in 2020.
Griffith also received $382.2K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $891K in option awards, $868.8K in salary and $242.5K in other compensation.
Rankings
In 2020, Timothy T. Griffith's compensation ranked 1,819th out of 13,090 executives tracked by ExecPay. In other words, Griffith earned more than 86.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,819 out of 13,090 | 86th |
Division Manufacturing | 702 out of 5,617 | 88th |
Major group Petroleum Refining And Related Industries | 13 out of 33 | 61st |
Industry group Petroleum Refining | 13 out of 28 | 54th |
Industry Petroleum Refining | 13 out of 28 | 54th |
Source: SEC filing on March 15, 2021.
Griffith's colleagues
We found five more compensation records of executives who worked with Timothy T. Griffith at Marathon Petroleum in 2020.
2020
Michael Hennigan
Marathon Petroleum
Chief Executive Officer
2020
Gary Heminger
Marathon Petroleum
Chief Executive Officer
2020
Donald Templin
Marathon Petroleum
Chief Financial Officer
2020
Raymond Brooks
Marathon Petroleum
Executive Vice President, Refining
2020
Suzanne Gagle
Marathon Petroleum
General Counsel
News
Marathon Petroleum CEO Michael Hennigan's 2021 pay jumps 36% to $21M
March 14, 2022
Marathon Petroleum CEO Michael Hennigan's 2020 pay jumps 103% to $16M
March 15, 2021
Marathon Petroleum Chairman Gregory Goff's 2019 pay jumps 387% to $30M
March 16, 2020
Marathon Petroleum CEO Gary Heminger's 2018 pay rises 1% to $20M
March 14, 2019