Gary Heminger took the highest leadership role at one of America’s leading oil, refining, pipeline, and marketing companies Marathon Petroleum Corporation in 2011. In 2016, he was appointed on the board as Chairman. Marathon CEO Gary has spent more than 40 years of his career at the reputed Fortune Global 500 Company holding several senior positions across different divisions. He is recognized for his integrity, business understanding, and leadership skills. Looking for details such as age, net worth, and email address? Keep reading this wiki.
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Marathon Petroleum Competitors
In the energy industry, Marathon Petroleum sees competition from the likes of:
- BP
- Chevron
- Exxon Mobil
- Phillips 66
- Valero
- Shell
Salary & Net Worth – Investors, Funding, & Valuation
Gary R. Heminger, the CEO of arguably the second-biggest oil refinery Marathon, was paid 935 times higher than any average worker in the company in 2017, as per reports. He was paid about 19.7 million USD in overall compensation. His base salary stood at 1.64 million USD, stock awards were worth 7.7 million USD, and stock options reached the value of 3.8 million USD. There are other perks also. The net worth of the company’s shares that he holds is said to be about 230 million USD.
Marathon Petroleum Corporation’s valuation in terms of market cap is estimated to be around 34.44 billion USD. Main owners of the company’s shares are institutional investors with 83.1% stake. Blackrock Inc., Vanguard Group Inc, and State Street Corp are some of the largest investors in company’s shares.
Funding figures will be updated later.
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Career & Education – Company, University, & College
Heminger has been with Marathon since 1975. In his journey of more than 40 years with the company, he worked for different groups in different roles. He served as EVP of Downstream of Marathon Oil Corporation. He became Executive VP for Supply, Transportation, and Marketing in early 2001 and was made the President of the company’s subsidiary Marathon Petroleum Company LLC2 in late 2001. In 1998, he became VP for Business Development of Marathon Ashland Petroleum1 and was later promoted to the senior position. In 1996, he took charge of business development and joint interest of the Oil Company as Manager. Between 1995 and 1996, he worked at Marathon Pipe Line as President.
He spent 8 years with Emro Marketing (the predecessor of Speedway SuperAmerica LLC) heading its marketing and commercial efforts and 5 years in company’s financial and administrative divisions. He handled the Brae Project in London as Audit Supervisor.
Gary went to Tiffin University in 1976 to obtain bachelor’s degree in Accounting. He is also Master’s in Business Administration from Ohio-based University of Dayton. He attended the Wharton School – University of Pennsylvania for a management program.
Contact Gary Heminger – Email Address | Twitter | LinkedIn
His contact details including Email ID to be provided after some time.
Marathon Petroleum Customer Care Number | Help & Support
You can visit Contact Us page of the company for customer service support with their products and services.
Wiki Trivia on Gary Heminger – Age, Wife, Family, & More
Marathon Petroleum CEO Gary, age 67, is the Chairman of the fundraising committee The Marathon Center for the Performing Arts along with his wife Jane Heminger. He also runs a scholarship program in his wife’s name ‘The Jane E. Heminger Nursing Scholarship’ as a mark of respect for her contributions as a registered nurse and her passion to help people pursue education in the field of nursing.
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