Sunday, March 15, 2020

Findlay, Ohio-Based Marathon Petroleum Corp's Top-Tier Executives Average Annual Pay and Benefits Increase Was a Blistering 20.7% Per Year During the Eight Years (2009-2016) That Joe Biden Was US VP

From Company Proxy Statement filings with the SEC, below are Marathon Petroleum Corp's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
  Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Marathon Petroleum 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Heminger CEO        19,806        19,671        19,671        16,556        16,556        18,584        18,584        18,561        18,561        13,874
Griffith CFO           4,518           4,443           4,443           3,208           3,208           3,079    
Templin President Refining&Marketing           6,424           5,864           5,864           4,960           4,960           4,733           4,733           4,226           4,226           4,022
Kenney President Speedway           4,467           4,460           4,460           4,042           4,042           4,069           4,069           4,149           4,149           2,878
Palmer SVP           3,471           3,076           3,076           3,512           3,512           3,351    
Bedell SVP Refining           3,576           3,996           3,996           2,650
 Totals      35,215     34,438     37,909     31,842     31,842     33,977     34,474     34,283     30,932     23,424
Annual % Change vs Prior Year 2.3% 19.1% -6.3% 0.6% 32.1%
5 Year Average Per Year % Change 9.5%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
Marathon Petroleum 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Heminger CEO        12,281        19,731        20,398        17,506        17,506           7,433           6,091           7,032           7,032           5,293
Templin President Refining&Marketing           3,750           3,651  N/A   N/A     
Kenney President Speedway           2,772           4,293           4,400           3,953           3,953           2,259           2,001           2,121           2,121           1,673
Bedell SVP Refining           2,535           4,697           4,804           3,944           3,944           1,744    
Peiffer EVP           5,709           6,854           6,854           6,741           6,741           2,307           2,075           2,431           2,431           1,636
Wilder General Counsel           3,288           1,522           1,522           1,843           1,843           1,158
 Totals      27,047     39,226     36,456     32,144     35,432     15,265     11,689     13,427     13,427       9,760
Annual % Change vs Prior Year -31.0% 13.4% 132.1% -12.9% 37.6%
5 Year Average Per Year % Change 27.8%
10 Year Average Per Year % Change 18.7%  
8 Years (2009-2016) Average Per Year % Change When Joe Biden Was US VP 20.7%