Lee Tillman is Chairman, President and Chief Executive Officer of Marathon Oil Corp (MRO). The company reported total compensation of $12,830,222 for fiscal year 2023.
| Salary | $1,200,000 |
|---|---|
| Bonus | — |
| Stock awards | $8,668,144 |
| Option awards | — |
| Non-equity incentive plan | $1,980,000 |
| Pension and non-qualified deferred compensation | $597,888 |
| All other compensation | $384,190 |
| Total | $12,830,222 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Marathon Oil Corp filed April 10, 2024, accession 0000101778-24-000082.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2023 | Chairman, President and Chief Executive Officer | $1,200,000 | — | $8,668,144 | — | $1,980,000 | $597,888 | $384,190 | $12,830,222 |
| FY2022 | Chairman, President and Chief Executive Officer | $1,200,000 | — | $6,732,575 | — | $3,060,000 | $553,804 | $385,304 | $11,931,683 |
| FY2021 | Chairman, President and Chief Executive Officer | $1,197,923 | — | $7,849,531 | — | $3,456,010 | $265,159 | $228,669 | $12,997,292 |
Totals as disclosed in each year's own compensation disclosure for Marathon Oil Corp.
| Peer-group chief executive median | $14,221,050 |
|---|---|
| Difference from that median | $-1,390,828 |
| Percentile within the disclosed peer group | 25th |
| Peers with a disclosed figure | 8 |
Medians and percentiles are computed across the peer group Marathon Oil Corp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2023 total |
|---|---|---|
| Lee Tillman this page | Chairman, President and Chief Executive Officer | $12,830,222 |
| Dane Whitehead | Executive Vice President and Chief Financial Officer | $4,231,520 |
| Patrick Wagner | Executive Vice President, Corporate Development and Strategy | $3,547,980 |
| Michael Henderson | Executive Vice President, Operations | $3,471,492 |
| Kimberly Warnica | Executive Vice President, General Counsel and Secretary | $3,033,897 |
The company's named executive officers for fiscal year 2023, and what it reported for each. See the full Marathon Oil Corp compensation brief.
Lee Tillman's compensation sits inside Marathon Oil Corp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.