| CEO Name | Michael J. Hennigan |
| Nationality | United States |
| Net Worth Estimation | $60 million |
Michael J. Hennigan's estimated net worth of around $60 million primarily stems from his compensation as President and CEO of Marathon Petroleum Corporation, including salary, stock awards, bonuses, and long-term incentive plans. Additional equity holdings, dividends, and accrued benefits from previous executive roles at MPLX LP and Sunoco Logistics also contribute significantly to his wealth.
Michael J. Hennigan, CEO of Marathon Petroleum Corporation, has an estimated net worth of $60,000,000, which is 7.5% of the maximum and 6,000% of the minimum CEO net worth within the energy business category. His net worth positions him well above the minimum threshold, demonstrating significant wealth compared to his industry peers.
Business Category: Energy
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 800000000 USD
Michael J. Hennigan Performance in Marathon Petroleum Corporation
Michael J. Hennigan, CEO of Marathon Petroleum Corporation, demonstrates strong leadership through strategic decision-making focused on operational efficiency and sustainability initiatives. Under his guidance, the company has improved refining margins and expanded its renewable fuel portfolio, driving robust financial performance. His impact includes enhanced shareholder value and positioning Marathon as a competitive, forward-looking energy leader.
Latest News
Marathon Petroleum Corporation's CEO Maryann T. Mannen Named Chairman of the Board
Marathon Petroleum announced that CEO Maryann T. Mannen will also become chairman of the board effective January 1, 2026, succeeding retiring executive chairman Michael J. Hennigan. Under her leadership since August 2024, the company has shown strong financial performance including a 49% income surge in Q3 2025 and ongoing strategic expansions.
Source: http://www.prnewswire.com/news-releases/marathon-petroleum-corp-elects-maryann-t-mannen-as-chairman-of-the-board-302603750.html