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Marathon Petroleum Executive Compensation (FY25)

MPC · Executive and director compensation, fiscal 2023 to 2025

The Marathon Petroleum brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Data as of September 7, 2026Latest filing (8-K): May 1, 2026
12 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Marathon Petroleum brief$1,500Get the executive brief
200 figures on this page: 191 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Maryann Mannen
Median of the other named officers
$5,482,977
5 officers, excluding the chief executive
Latest say-on-pay support
=
April 29, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Maryann Mannen: $14,388,817 → $19,016,261 (32.2% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Marathon Petroleum's chief executive and what were they paid?
Maryann Mannen was paid $19,016,261 in total compensation as President and CEO for fiscal 2025. Compared with the $14,388,817 reported for fiscal 2024, Mannen's total was 32.2% higher.
What was Marathon Petroleum's say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 97.5% support at the meeting held April 29, 2026.
Which companies are in Marathon Petroleum's peer group?
Companies named in the disclosed peer group include Corporate and Information.
What is Marathon Petroleum's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 102:1, against median employee compensation of $186,132.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Maryann Mannen
President and CEO
◇—◇—◇◇◇◇
Timothy Aydt
Former Executive Vice President Refining
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Hennigan
Executive Chairman
◇—◇—◇◇◇◇
Maryann Mannen
President and CEO
◇—◇—◇◇◇◇
Timothy Aydt
Former Executive Vice President Refining
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Maryann Mannen
President and CEO
◇—◇—◇◇◇◇
Michael Hennigan
Executive Chairman
◇—◇—◇◇◇◇
John Quaid
Executive Vice President and CFO
◇—◇—◇◇◇◇
Timothy Aydt
Former Executive Vice President Refining
Departed during or after this year
◇—◇—◇◇◇◇
Rick Hessling
Chief Commercial Officer
◇—◇—◇◇◇◇
Molly Benson
Chief Legal Officer and Corporate Secretary
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
John QuaidPSU——————◇
Maryann MannenPSU——————◇
Michael HenniganPSU——————◇
Molly BensonPSU——————◇
Rick HesslingPSU——————◇
Timothy AydtPSU——————◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
BensonRSU◇◇——
PSU◇◇——
PSU◇◇——
HenniganRSU◇◇——
PSU◇◇——
RSU◇◇——
AydtRSU◇◇——
PSU◇◇——
RSU◇◇——
QuaidPSU◇◇——
RSU◇◇——
RSU◇◇——
HesslingRSU◇◇——
PSU◇◇——
RSU◇◇——
MannenPSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John P. Surma
Lead independent director
◇◇———◇◇
Frank M. Semple
◇◇———◇◇
J. Michael Stice
◇◇————◇
Jeffrey C. Campbell
◇◇———◇◇
Evan Bayh
◇◇————◇
Jonathan Z. Cohen
◇◇———◇◇
Kim K.W. Rucker
◇◇————◇
Kimberly N. Ellison-Taylor
◇◇———◇◇
Eileen P. Paterson
◇◇————◇
Abdulaziz F. Alkhayyal
◇◇————◇
Charles E. Bunch
◇◇———◇◇
Susan Tomasky
◇◇———◇◇
Edward G. Galante
◇◇———◇◇
Maryann T. Mannen and Michael J. Hennigan served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Corporate symbol not shown
  • Information FIS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 29, 2026=◇◇◇
2024April 30, 2025=◇◇◇
2023April 24, 2024=◇◇◇
2022April 26, 2023=◇◇◇
2021April 27, 2022=◇◇◇
2020April 28, 2021=◇◇◇
2019April 29, 2020=◇◇◇
2018April 24, 2019=◇◇◇
2017April 25, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Marathon Petroleum disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Marathon Petroleum sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
200 figures on this page: 191 cited to the filing that reported them, 9 calculated from figures it prints.
191 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001510295-26-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001510295-26-000023
    CEO pay ratio · Director Compensation Table · Non-Employee Director Compensation · Outstanding Equity Awards at · and 1 more section
  3. 0001510295-25-000035
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001510295-25-000023
    Summary Compensation Table
  5. 0001510295-24-000041
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001510295-24-000033
    Summary Compensation Table
  7. 0001510295-23-000042
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001510295-22-000035
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001510295-21-000067
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001510295-20-000059
  11. 0001510295-19-000032
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001510295-18-000069
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Marathon Petroleum executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/MPC (accessed 2026).
Short form: data: Velarion

The Marathon Petroleum brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Marathon Petroleum discloses

The companies named in MPC's own disclosed peer group.

Information

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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