Michael J. Hennigan

2021

In 2021, Michael J. Hennigan earned a total compensation of $21.2M as President and CEO at Marathon Petroleum, a 36% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$450,102
Non-Equity Incentive Plan$4,416,300
Salary$1,600,000
Stock Awards$14,186,189
Other$532,615
Total$21,185,206

Hennigan received $14.2M in stock awards, accounting for 67% of the total pay in 2021.

Hennigan also received $450.1K of change in pension value and nonqualified deferred compensation earnings, $4.4M in non-equity incentive plan, $1.6M in salary and $532.6K in other compensation.

Rankings

In 2021, Michael J. Hennigan's compensation ranked 296th out of 12,415 executives tracked by ExecPay. In other words, Hennigan earned more than 97.6% of executives.

ClassificationRankingPercentile
All
296
out of 12,415
98th
Division
Manufacturing
88
out of 5,505
98th
Major group
Petroleum Refining And Related Industries
3
out of 27
89th
Industry group
Petroleum Refining
3
out of 21
86th
Industry
Petroleum Refining
3
out of 21
86th
Source: SEC filing on March 14, 2022.

Hennigan's colleagues

We found six more compensation records of executives who worked with Michael J. Hennigan at Marathon Petroleum in 2021.

2021

Maryann Mannen

Marathon Petroleum

Chief Financial Officer

2021

Timothy Griffith

Marathon Petroleum

Former President Speedway LLC

2021

Raymond Brooks

Marathon Petroleum

Executive Vice President, Refining

2021

Suzanne Gagle

Marathon Petroleum

General Counsel

2021

Brian Davis

Marathon Petroleum

Executive Vice President and Chief Commercial Officer

2021

Donald Templin

Marathon Petroleum

Chief Financial Officer

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