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Get MPC alertsMichael Hennigan is recorded as CEO at Marathon Petroleum Corp (MPC). The proxy statement of Marathon Petroleum Corp reports total compensation of $14,107,499 for Michael Hennigan in fiscal 2025, including a base salary of $1,050,000. Disclosed compensation is on record for 5 fiscal years. Michael Hennigan has spoken on 9 earnings calls across 1 company, most recently for Marathon Petroleum Corp on November 4, 2025. Marathon Petroleum Corp is classified in the Oil & Gas Refining & Marketing industry within the Energy sector. Other leadership on record at Marathon Petroleum Corp includes Maryann T. Mannen (CEO, Chairman, CFO and Board Member), Michael J. Hennigan (CEO and Chairman), Gregory J. Goff (Chairman) and 7 others.
“On the West Coast, we're currently running the refinery, but both our FCC and alky units are down due to a scheduled turnaround that began in the third quarter.”
“In June, there was an incident involving one of our trains in the resid hydrocracker. The refinery team handled the situation well, responding quickly and extinguishing the fire without any injuries.”
“Effective March 1, two new Independent Directors joined the MPC Board. Eileen Drake and Kimberly Ellison-Taylor have strong records of accomplishment in complex industries, making them outstanding additions, and we're happy to have them join our Board.”
“Let me first share our view on the macro environment. In the first quarter, volatility in the global energy market remained high, driven by uncertainties around the potential for recession, the pace of China's economic recovery, and the impact of sanctions on Russian products.”
“First, I'd like to introduce Tim Aydt, who will be joining our call as a new Executive Vice President of Refining. Tim has over 37 years of experience in leadership roles across our midstream and refining organizations.”
Oil & Gas Refining & Marketing · Energy
CEO
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Marathon Petroleum Corp (MPC) | Chairman | $1,050,000 | $14,107,499 |
| 2024 | Marathon Petroleum Corp (MPC) | Chairman | $1,457,377 | $23,755,153 |
| 2023 | Marathon Petroleum Corp (MPC) | Chairman | $1,737,809 | $24,054,492 |
| 2020 | Marathon Petroleum Corp (MPC) | CEO | $1,485,417 | $15,534,265 |
| 2019 | Marathon Petroleum Corp (MPC) | CEO | $954,167 | $7,656,867 |
