Last $85.79 USD
Change Today +1.26 / 1.49%
Volume 1.7M
MPC On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 10/24/14 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 131 board members in 6 different organizations across 9 different industries.

See Board Relationships
61$12,770,528
As of Fiscal Year 2013

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. He served as an Executive Vice President of Downstream at Marathon ...

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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
Director
2006-Present
Director, Chairman of Finance Committee, Member of Nominating & Corporate Governance Committee and Member of Human Capital & Compensation 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$1,450,000
Total Annual Compensation$1,450,000

Stock Options*

Restricted Stock Awards$4,665,607
All Other Compensation$374,912
Exercisable Options563,220
Exercisable Options Value$34,150,637
Unexercisable Options302,528
Unexercisable Options Value$10,702,331
Total Value of Options$44,852,967
Total Number of Options865,748

Total Compensation*

Total Annual Cash Compensation$5,224,912
Total Short Term Compensation$1,450,000
Other Long Term Compensation$5,040,519
Total Calculated Compensation$12,770,528
*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
$3.0M
Richard M. Kruger Chairman, Chief Executive Officer, President and Member of Contributions Committee
Imperial Oil Ltd.
C$590.9K
Gregory J. Goff Chief Executive Officer, President and Director
Tesoro Corporation
$1.4M
Joseph W. Gorder Chief Executive Officer, President and Director
Valero Energy Corporation
$900.0K
Asim Ghosh Chief Executive Officer, President and Director
Husky Energy Inc.
C$1.6M
Compensation as of Fiscal Year 2013.

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