Marathon Oil CEO Lee Tillman's 2018 pay jumps 21% to $12.2M

Marathon Oil reports 2018 executive compensation

By ExecPay News

Published: April 12, 2019

Marathon Oil reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, five executives at Marathon Oil received on average a compensation package of $5.4M, a 5% increase compared to previous year.
Average pay of disclosed executives at Marathon Oil
Lee M. Tillman, Chief Executive Officer, received $12.2M in total, which increased by 21% compared to 2017. 54.05% of Tillman's compensation, or $6.6M, was in stock awards. Tillman also received $240.6K of change in pension value and nonqualified deferred compensation earnings, $2.2M in non-equity incentive plan, $1.7M in option awards, $1.1M in salary, as well as $245.3K in other compensation.
T. Mitchell Little, Executive Vice President, Operations, received a compensation package of $4.6M, which increased by 24% compared to previous year. 56.81% of the compensation package, or $2.6M, was in stock awards.
Dane E. Whitehead, Chief Financial Officer, earned $3.7M in 2018, a 49% decrease compared to previous year.
Patrick J. Wagner, Executive Vice President, Corporate Development and Strategy, received $3.6M in 2018, which increases by 55% compared to 2017.
Reginald D. Hedgebeth, General Counsel, earned $3M in 2018, a 25% increase compared to previous year.

Related executives

Lee Tillman

Marathon Oil

Chief Executive Officer

T Little

Marathon Oil

Executive Vice President, Operations

Dane Whitehead

Marathon Oil

Chief Financial Officer

Patrick Wagner

Marathon Oil

Executive Vice President, Corporate Development and Strategy

Reginald Hedgebeth

Marathon Oil

Chief Administrative Officer

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Source: SEC filing on April 12, 2019.