Marathon Petroleum Corporation Pay versus Performance
The Pay versus Performance table from each proxy statement (Item 402(v)), as tagged in its XBRL, newest proxy first. Each proxy's own figures are kept, so a year restated in a later proxy appears once per proxy. PEO is the principal executive officer; NEO means the other named executive officers (average). Total shareholder return is the value of a $100 investment.
- 2025-12-31: PEO 2025: Ms. Mannen•2024: Ms. Mannen (top row), who was promoted to the CEO role effective August 1, 2024, and Mr. Hennigan (bottom row), who transitioned from the CEO role to Executive Chairman on that date •2023, 2022 and 2021: Mr. Hennigan; PEO total compensation $19.02M; PEO compensation actually paid $22.48M; Other NEO average total compensation $6.74M.
- 2024-12-31: PEO total compensation $14.39M; PEO compensation actually paid $13.38M; Other NEO average total compensation $5.05M.
- 2023-12-31: PEO total compensation $24.05M; PEO compensation actually paid $49.64M; Other NEO average total compensation $5.56M.
- 2022-12-31: PEO total compensation $21.29M; PEO compensation actually paid $54.03M; Other NEO average total compensation $4.76M.
| Fiscal year end | PEO | PEO total compensation | PEO compensation actually paid | Other NEO average total compensation | Other NEO average compensation actually paid | Total shareholder return | Peer group total shareholder return | Net income | Company-selected measure | Proxy filed |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | 2025: Ms. Mannen•2024: Ms. Mannen (top row), who was promoted to the CEO role effective August 1, 2024, and Mr. Hennigan (bottom row), who transitioned from the CEO role to Executive Chairman on that date •2023, 2022 and 2021: Mr. Hennigan | $19.02M | $22.48M | $6.74M | $9.13M | $448.38 | $329.43 | MPC Relative TSR Performance Percentile $66.67 | 2026-03-16 | |
| 2024-12-31 | $14.39M | $13.38M | $5.05M | $4.57M | $376.18 | $265.69 | $50.00 | 2026-03-16 | ||
| 2023-12-31 | $24.05M | $49.64M | $5.56M | $10.63M | $392.05 | $284.01 | $100.00 | 2026-03-16 | ||
| 2022-12-31 | $21.29M | $54.03M | $4.76M | $11.07M | $300.40 | $229.87 | $83.33 | 2026-03-16 | ||
| 2021-12-31 | $21.19M | $34.91M | $5.60M | $6.43M | $160.99 | $134.71 | $91.67 | 2026-03-16 | ||
| 2024-12-31 | •2024: Ms. Mannen (top row), who was promoted to the CEO role effective August 1, 2024, and Mr. Hennigan (bottom row), who transitioned from the CEO role to Executive Chairman on that date •2023, 2022 and 2021: Mr. Hennigan•2020: Mr. Hennigan (top row), who was promoted to the CEO role effective March 17, 2020, and Gary R. Heminger (bottom row), who stepped down from the CEO role on that date but continued to serve in his role as Chairman of the Board through April 29, 2020 | $14.39M | $13.38M | $5.05M | $4.57M | $273.26 | $177.54 | $5.07B | MPC Relative TSR Performance Percentile $50.00 | 2025-03-17 |
| 2023-12-31 | $24.05M | $49.64M | $5.56M | $10.63M | $284.79 | $189.79 | $11.17B | $100.00 | 2025-03-17 | |
| 2022-12-31 | $21.29M | $54.03M | $4.76M | $11.07M | $218.21 | $153.61 | $16.05B | $83.33 | 2025-03-17 | |
| 2021-12-31 | $21.19M | $34.91M | $5.60M | $6.43M | $116.95 | $90.02 | $11.00B | $91.67 | 2025-03-17 | |
| 2020-12-31 | $15.53M | $21.22M | $5.63M | $5.10M | $72.64 | $66.82 | -$9.98B | $90.00 | 2025-03-17 | |
| 2023-12-31 | •2023, 2022 and 2021: Michael J. Hennigan•2020: Mr. Hennigan (top row), who was promoted to the CEO role effective March 17, 2020, and Gary R. Heminger (bottom row), who stepped down from the CEO role on that date but continued to serve in his role as Chairman of the Board through April 29, 2020 | $24.05M | $49.64M | $5.56M | $10.63M | $284.79 | $189.79 | $11.17B | MPC Relative TSR Performance Percentile $100.00 | 2024-03-14 |
| 2022-12-31 | $21.29M | $54.03M | $4.76M | $11.07M | $218.21 | $153.61 | $16.05B | $83.33 | 2024-03-14 | |
| 2021-12-31 | $21.19M | $34.91M | $5.60M | $6.43M | $116.95 | $90.02 | $11.00B | $91.67 | 2024-03-14 | |
| 2020-12-31 | $15.53M | $21.22M | $5.63M | $5.10M | $72.64 | $66.82 | -$9.98B | $90.00 | 2024-03-14 | |
| 2020-04-29 | $10.01M | $10.07M | 2024-03-14 | |||||||
| 2022-12-31 | •2022 and 2021: Michael J. Hennigan.•2020: Michael J. Hennigan (top row), who was promoted to the CEO role effective March 17, 2020, and Gary R. Heminger (bottom row), who stepped down from the CEO role on that date but continued to serve in his role as Chairman of the Board through April 29, 2020. | $21.29M | $57.86M | $4.76M | $11.69M | $218.21 | $153.61 | $16.05B | MPC Relative TSR Performance Percentile $83.33 | 2023-03-13 |
| 2021-12-31 | $21.19M | $31.08M | $5.60M | $5.93M | $116.95 | $90.02 | $11.00B | $91.67 | 2023-03-13 | |
| 2020-12-31 | $15.53M | $21.22M | $5.63M | $5.10M | $72.64 | $66.82 | -$9.98B | $90.00 | 2023-03-13 | |
| 2020-04-29 | $10.01M | $10.07M | 2023-03-13 |
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