Timothy T. Griffith
2019
In 2019, Timothy T. Griffith earned a total compensation of $6.5M as President, Speedway LLC at Marathon Petroleum, a 45% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $272,229 |
|---|---|
| Non-Equity Incentive Plan | $2,233,332 |
| Option Awards | $768,007 |
| Salary | $837,500 |
| Stock Awards | $1,916,038 |
| Other | $508,922 |
| Total | $6,536,028 |
Griffith received $2.2M in non-equity incentive plan, accounting for 34% of the total pay in 2019.
Griffith also received $272.2K of change in pension value and nonqualified deferred compensation earnings, $768K in option awards, $837.5K in salary, $1.9M in stock awards and $508.9K in other compensation.
Rankings
In 2019, Timothy T. Griffith's compensation ranked 1,511th out of 13,971 executives tracked by ExecPay. In other words, Griffith earned more than 89.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,511 out of 13,971 | 89th |
Division Manufacturing | 543 out of 5,701 | 91st |
Major group Petroleum Refining And Related Industries | 17 out of 42 | 60th |
Industry group Petroleum Refining | 17 out of 37 | 54th |
Industry Petroleum Refining | 17 out of 37 | 54th |
Source: SEC filing on March 16, 2020.
Griffith's colleagues
We found five more compensation records of executives who worked with Timothy T. Griffith at Marathon Petroleum in 2019.
2019
Gregory Goff
Marathon Petroleum
Chairman
2019
Gary Heminger
Marathon Petroleum
Chief Executive Officer
2019
Donald Templin
Marathon Petroleum
Chief Financial Officer
2019
Michael Hennigan
Marathon Petroleum
Chief Executive Officer
2019
Anthony Kenney
Marathon Petroleum
Executive Vice President, Speedway LLC
News
Marathon Petroleum CEO Michael Hennigan's 2021 pay jumps 36% to $21M
March 14, 2022
Marathon Petroleum CEO Michael Hennigan's 2020 pay jumps 103% to $16M
March 15, 2021
Marathon Petroleum Chairman Gregory Goff's 2019 pay jumps 387% to $30M
March 16, 2020
Marathon Petroleum CEO Gary Heminger's 2018 pay rises 1% to $20M
March 14, 2019