How Mannen was paid
$19M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Maryann T. MannenPresident and CEO | $1,400,000 | $13,391,322 | $3,303,300 | $467,458 | $454,181 | $19,016,261 |
| Michael J. HenniganExecutive Chairman | $1,050,000 | $9,147,232 | $2,477,500 | $680,357 | $752,410 | $14,107,499 |
| John J. QuaidExecutive Vice President and CFO | $830,027 | $3,502,395 | $1,201,200 | $243,560 | $158,059 | $5,935,241 |
| Rick D. HesslingChief Commercial Officer | $693,767 | $2,060,167 | $900,900 | $316,905 | $139,113 | $4,110,852 |
| Molly R. BensonChief Legal Officer and Corporate Secretary | $687,534 | $2,060,167 | $900,900 | $280,019 | $132,673 | $4,061,293 |
| Timothy J. AydtFormer Executive Vice President Refining | $890,000 | $2,060,167 | $1,272,700 | $231,576 | $1,028,534 | $5,482,977 |
What changed and why
- $19MCEO Maryann T. Mannen received total compensation of $19,016,261 for 2025.
- 93%Shareholders approved our prior say-on-pay proposal with approximately 93% of the vote.
- The compensation program balances base salary, annual cash bonuses, and long-term equity incentives.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.