Chairman, President and Chief Executive Officer · Marathon Oil Corp (MRO)

Lee Tillman

A named executive officer of Marathon Oil in every fiscal year CompBrief holds from FY2021 to FY2023. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2023

$12,830,222

FY2022: $11,931,683

1st of 5 named executive officers at Marathon Oil by FY2023 total.

5 named officers on file for Marathon Oil, FY2023

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Compensation figures as of the proxy filed April 10, 2024 (DEF 14A).

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Lee Tillman compensation by year

Marathon Oil Summary Compensation Table · all 3 fiscal years held
In US dollars, as Marathon Oil reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2022FY2023
Salary$1,197,923$1,200,000$1,200,000
Stock awards$7,849,531$6,732,575$8,668,144
Non-equity incentive$3,456,010$3,060,000$1,980,000
Pension and deferred compensation$265,159$553,804$597,888
All other$228,669$385,304$384,190
Total$12,997,292$11,931,683$12,830,222

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Marathon Oil Corp DEF 14A filed April 10, 2024, accession 0000101778-24-000082, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Marathon Oil Corp filed document, accession 0000101778-24-000082. Every figure is read from that document and cited to the page and table it appears in. Filed April 10, 2024.

$13.0M
$11.9M
$12.8M
FY21
FY22
FY23
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2023 year-end
TypeUnvested unitsValue at year-endExercise price
PSU267,856$6,471,401—
RSU186,118$4,496,611—
PSU131,060$3,166,410—
RSU124,079$2,997,749—
RSU89,286$2,157,150—
RSU87,374$2,110,956—

Per the Outstanding Equity Awards at Fiscal Year-End table in Marathon Oil Corp's FY2023 proxy; value at the fiscal year-end close, as the company printed it.

Marathon Oil’s named executive officers, FY2023

as the company reported each
Named executive officerRoleFY2023 total
Lee Tillman · this pageChairman, President and Chief Executive Officer$12,830,222
Dane WhiteheadExecutive Vice President and Chief Financial Officer$4,231,520
Patrick WagnerExecutive Vice President, Corporate Development and Strategy$3,547,980
Michael HendersonExecutive Vice President, Operations$3,471,492
Kimberly WarnicaExecutive Vice President, General Counsel and Secretary$3,033,897

Board service

Marathon Oil board · FY2023

How this board is paid

Company policy: Marathon Oil pays directors a $95,000 cash retainer and $200,000 in Common Stock Units. As stated in Marathon Oil's FY2023 proxy.

The full Marathon Oil compensation record

free company brief

This page is one person within Marathon Oil's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Marathon Oil proxy · each links to its own free brief

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Marathon Oil's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Lee Tillman's compensation dossier