September 23, 2021
Marathon Petroleum Headquarters

Marathon Petroleum Board of Directors Compensation and Salaries

Marathon Petroleum is an American petroleum refining, marketing, and transportation company, headquartered in Findlay, Ohio, United States. The company is listed on the NYSE with ticker name MPC. Michael J. Hennigan is heading the company as the chief executive officer since Mar 2020. The company is engaged in the business of Petroleum, Petrochemicals, Gasoline. They have more than 43,800 employees in 2017.

In this article, we have provided information about board of directors compensation of Marathon Petroleum Corporation. In addition to this, we have also included information of Board of Directors salary / pay scale of Marathon Petroleum Corporation. So, let’s see information on Marathon Petroleum Board of Directors Compensation and Salary. 

Marathon Petroleum Headquarters
Marathon Petroleum Headquarters, Photo Credit: Marathon Petroleum

Marathon Petroleum Board of Directors Compensation and Salary 2020

Abdulaziz F. Alkhayyal – retired senior vice president, industrial relations of Saudi Aramco

This board member is the retired senior vice president, industrial relations of Saudi Aramco. This board member was paid total compensation US$335,000, including base salary (paid in cash) US$160,000, and stock awards US$175,000 and all other compensation US$0.

Evan Bayh – former U.S. senator and the governor of Indiana, Sen

This board member is the former U.S. senator and the governor of Indiana, Sen. This board member was paid total compensation US$325,000, including base salary (paid in cash) US$150,000, and stock awards US$175,000 and all other compensation US$0.

Charles E. Bunch – Retired Chairman of the Board and CEO, PPG Industries, Inc.

This board member is the Retired Chairman of the Board and CEO, PPG Industries, Inc. This board member was paid total compensation US$345,096, including base salary (paid in cash) US$160,096, and stock awards US$175,000 and all other compensation US$10,000.

Jonathan Z. Cohen – Chief Executive Officer and President Hepco Capital Management, LLC

This board member is the Chief Executive Officer and President Hepco Capital Management, LLC. This board member was paid total compensation US$325,000, including base salary (paid in cash) US$150,000, and stock awards US$175,000 and all other compensation US$0.

Steven A. Davis – Former Chairman and Chief Executive Officer, Bob Evans Farms, Inc.

This board member is the Former Chairman and Chief Executive Officer, Bob Evans Farms, Inc. This board member was paid total compensation US$328,750, including base salary (paid in cash) US$150,000, and stock awards US$175,000 and all other compensation US$3,750.

Edward G. Galante – Retired Senior Vice President and Management Committee Member, ExxonMobil Corporation

This board member is the Retired Senior Vice President and Management Committee Member, ExxonMobil Corporation. This board member was paid total compensation US$348,462, including base salary (paid in cash) US$163,462, and stock awards US$175,000 and all other compensation US$10,000.

James E. Rohr – former Chairman and CEO of PNC Financial Services Group

This board member is the former Chairman and CEO of PNC Financial Services Group. This board member was paid total compensation US$350,000, including base salary (paid in cash) US$175,000, and stock awards US$175,000 and all other compensation US$0.

Kim K.W. Rucker – Former Executive Vice President, General Counsel and Secretary, Andeavor

This board member is the Former Executive Vice President, General Counsel and Secretary, Andeavor. This board member was paid total compensation US$325,000, including base salary (paid in cash) US$150,000, and stock awards US$175,000 and all other compensation US$0.

J. Michael Stice – Dean, Mewbourne College of Earth and Energy University of Oklahoma

This board member is the Dean, Mewbourne College of Earth and Energy University of Oklahoma. This board member was paid total compensation US$535,000, including base salary (paid in cash) US$240,000, and stock awards US$285,000 and all other compensation US$10,000.

John P. Surma – retired chairman and chief executive officer of United States Steel Corporation

This board member is the retired chairman and chief executive officer of United States Steel Corporation. This board member was paid total compensation US$703,077, including base salary (paid in cash) US$408,077, and stock awards US$285,000 and all other compensation US$10,000.

Susan Tomasky – Retired President of AEP Transmission American Electric Power

This board member is the Retired President of AEP Transmission American Electric Power. This board member was paid total compensation US$350,000, including base salary (paid in cash) US$175,000, and stock awards US$175,000 and all other compensation US$0.