Marathon Petroleum Corporation (MPC) — Executive Compensation
Fiscal year ended December 2025
This page summarizes Marathon Petroleum Corporation (MPC) named executive officer compensation from the most recent SEC DEF 14A proxy statement. 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 (CEO) received $19,016,261 in reported total compensation@if($peoPaid !== null), with $22,476,265 "actually paid" under the SEC pay-versus-performance rule. @endif Total shareholder return for the period was 448.38.
Frequently asked questions
Who is the CEO of MPC and how much are they paid?
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 serves as CEO of Marathon Petroleum Corporation. For fiscal year ending December 2025, reported total compensation was $19,016,261.
What is included in executive compensation?
SEC Summary Compensation Table figures include base salary, cash bonuses, stock awards (grant-date fair value), option awards, non-equity incentive plan compensation, pension value changes, and all other compensation. "Actually Paid" compensation follows the newer SEC pay-versus-performance rule and reflects realized value.
What is pay-versus-performance?
The SEC pay-versus-performance disclosure requires companies to show the relationship between executive pay "actually paid" and total shareholder return (TSR) over recent fiscal years, so investors can evaluate pay alignment.