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Last $103.23 USD
Change Today +0.33 / 0.32%
Volume 425.5K
As of 11:25 AM 03/31/15 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$16,401,255
As of Fiscal Year 2014

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 of MPLX GP LLC, a General Partner of MPLX LP since June 2012. He served as an Executive Vice President of Downstream at Marathon Oil Corporation from July 2005 to June 30, 2011 and served as its Executive Vice President since January 2005. He served as the President of Marathon Petroleum ...

Read Full Background

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$1,537,500
Total Annual Compensation$1,537,500

Stock Options*

Restricted Stock Awards$4,320,037
All Other Compensation$421,580
Exercised Options37,228
Exercised Options Value$2,839,380
Exercisable Options684,673
Exercisable Options Value$36,784,394
Unexercisable Options272,517
Unexercisable Options Value$4,852,760
Total Value of Options$44,476,534
Total Number of Options994,418

Total Compensation*

Total Annual Cash Compensation$5,959,080
Total Short Term Compensation$1,537,500
Other Long Term Compensation$4,741,617
Total Calculated Compensation$16,401,255
*Data is at least as current as the most recent Definitive Proxy.
 

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MPC:US $103.23 USD +0.33

COMPETITOR COMPENSATION

NamePosition/
Company
Compensation
John Richels Vice Chairman, Chief Executive Officer and President
Devon Energy Corporation
$1.4M
Richard M. Kruger Chairman, Chief Executive Officer, President and Member of Contributions Committee
Imperial Oil Ltd.
C$881.4K
Joseph W. Gorder Chairman, Chief Executive Officer and President
Valero Energy Corporation
$1.2M
Asim Ghosh Chief Executive Officer, President and Director
Husky Energy Inc.
C$1.6M
Brian P. Hannasch Chief Executive Officer, President and Director
Alimentation Couche-Tard Inc.
C$799.9K
Compensation as of Fiscal Year 2013.

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