Marathon Petroleum sets CEO Mannen salary at $1.4M, LTI $12M annualized

Marathon Petroleum Corp

Maryann T. Mannen's base salary raised to $1,400,000; target bonus set at 165% of salary.
Annualized LTI target for Mannen is $12,000,000; received $2,917,000 one-time award for 2024.
Michael J. Hennigan's base salary reduced to $1,050,000 as Executive Chairman; 2024 LTI unchanged.
Hennigan's 2025 LTI target reduced to $8,880,000; changes effective August 1, 2024.

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