Timothy T. Griffith
2021
In 2021, Timothy T. Griffith earned a total compensation of $6.7M as Former President Speedway LLC at Marathon Petroleum, a 15% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $25,839 |
|---|---|
| Option Awards | $4,075,114 |
| Salary | $322,245 |
| Stock Awards | $2,254,687 |
| Other | $8,528 |
| Total | $6,686,413 |
Griffith received $4.1M in option awards, accounting for 61% of the total pay in 2021.
Griffith also received $25.8K of change in pension value and nonqualified deferred compensation earnings, $322.2K in salary, $2.3M in stock awards and $8.5K in other compensation.
Rankings
In 2021, Timothy T. Griffith's compensation ranked 1,860th out of 12,415 executives tracked by ExecPay. In other words, Griffith earned more than 85.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,860 out of 12,415 | 85th |
Division Manufacturing | 694 out of 5,505 | 87th |
Major group Petroleum Refining And Related Industries | 12 out of 27 | 56th |
Industry group Petroleum Refining | 12 out of 21 | 43rd |
Industry Petroleum Refining | 12 out of 21 | 43rd |
Source: SEC filing on March 14, 2022.
Griffith's colleagues
We found six more compensation records of executives who worked with Timothy T. Griffith at Marathon Petroleum in 2021.
2021
Michael Hennigan
Marathon Petroleum
Chief Executive Officer
2021
Maryann Mannen
Marathon Petroleum
Chief Financial Officer
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
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