Last $82.45 USD
Change Today -0.43 / -0.52%
Volume 3.5M
As of 8:04 PM 05/22/13 All times are local (Market data is delayed by at least 15 minutes).

Executive Profile*

Gary R. Heminger

Chief Executive Officer, President, Director and Member of Executive Committee, Marathon Petroleum Corporation
AgeTotal Calculated CompensationThis person is connected to 125 board members in 5 different organizations across 8 different industries.

See Board Relationships
59$20,398,168
As of Fiscal Year 2012

Background*

Mr. Gary R. Heminger has been the President and Chief Executive Officer of Marathon Petroleum Corporation since June 30, 2011. Mr. Heminger has been the Chairman and Chief Executive Officer at MPLX GP LLC, General Partner of MPLX LP since June 2012. He served as Executive Vice President of Downstream at Marathon Petroleum Company LP, a wholly owned subsidiary of Marathon Oil Corporation since July 2005. Mr. Heminger served as an Executive Vice President of Downstream ...

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Corporate Headquarters*

539 South Main Street
Findlay, Ohio 45840

United States

Phone: 419-422-2121
Fax: --

Board Members Memberships*

Director, Chairman of Human Capital & Compensation Committee and Member of Finance Committee
Director
Former Director
Chairman of The Board of Mplx GP LLC, Chief Executive Officer of Mplx GP LLC and Member of Executive Committee
2006-Present
Director, Chairman of Human Capital & Compensation Committee and Member of Finance Committee
2011-Present
Chief Executive Officer, President, Director and Member of Executive Committee

Education*

MBA 1982
University of Dayton
Bachelor's Degree 1976
Tiffin University
Unknown/Other Education
University of Pennsylvania - The Wharton School

Other Affiliations*

Annual Compensation*

Salary$1,250,000
Total Annual Compensation$1,250,000

Stock Options*

Restricted Stock Awards$4,567,538
All Other Compensation$328,219
Exercisable Options390,204
Exercisable Options Value$13,313,862
Unexercisable Options364,817
Unexercisable Options Value$8,851,917
Total Value of Options$22,165,779
Total Number of Options755,021

Total Compensation*

Total Annual Cash Compensation$4,828,219
Total Short Term Compensation$1,250,000
Other Long Term Compensation$4,895,757
Total Calculated Compensation$20,398,168
*Data is at least as current as the most recent Definitive Proxy.
 

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COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
John B. Hess Chief Executive Officer and Director
Hess Corporation
$1.5M
Steven A. Cossé Chief Executive Officer, President, Director, Member of Executive Committee and Member of Environmental, Health & Safety Committee
Murphy Oil Corporation
$610.9K
Gregory J. Goff Chief Executive Officer, President and Director
Tesoro Corporation
$1.2M
William R. Klesse Executive Chairman, Chief Executive Officer and Chairman of Executive Committee
Valero Energy Corporation
$1.5M
Clarence P. Cazalot Jr.Chairman, Chief Executive Officer, President and Member of Proxy Committee
Marathon Oil Corporation
$4.4M
Compensation as of Fiscal Year 2012.

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