Mr. Hennigan is president and chief executive officer of Marathon Petroleum Corporation. He is also chairman of the board and president and chief executive officer of MPLX GP LLC.
Prior to joining MPLX GP LLC in 2017, Mr. Hennigan was president, crude, NGL and refined products of the general partner of Energy Transfer Partners L.P. Prior to that, he served as president and chief executive officer of Sunoco Logistics Partners L.P. He was responsible for all operations and business activities, including setting the direction, strategy and vision for the company.
Mr. Hennigan began his career with Sunoco, Inc. in 1981 at the Marcus Hook refinery, working in various engineering and operations positions before joining the business planning department in 1990. In 1992, he transferred to the Philadelphia refinery before joining the corporate business planning group in 1993. There, he worked on various strategies for northeast refining before returning to Marcus Hook as business manager in 1996. In 1998, he returned to Sunoco’s corporate office as manager, financial analysis and strategic planning. In 2000, he was named general manager, northeast refining wholesale fuels marketing and product supply and in 2001 was appointed vice president, product trading, sales and supply. In 2006, Mr. Hennigan was appointed senior vice president, supply, trading, sales and transportation and senior vice president, business improvement in 2008. Mr. Hennigan joined Sunoco Logistics as vice president, business development in 2009. He was named president and chief operating officer in 2010 and was appointed president and chief executive officer in 2012. In 2017, Mr. Hennigan was named president of MPLX GP LLC and in November 2019 was named president and chief executive officer. He assumed his current position on March 17, 2020.
Mr. Hennigan holds a Bachelor of Science degree in chemical engineering from Drexel University.
Mr. Hennigan serves on the boards of directors of Marathon Petroleum Corporation, MPLX GP LLC and Nutrien Ltd.
What is Michael J. Hennigan's net worth?
The estimated net worth of Michael J. Hennigan is at least $57.88 million as of November 14th, 2022. Mr. Hennigan owns 296,826 shares of Marathon Petroleum stock worth more than $57,884,038 as of April 19th. This net worth evaluation does not reflect any other assets that Mr. Hennigan may own. Additionally, Mr. Hennigan receives an annual salary of $7,110,000.00 as CEO at Marathon Petroleum. Learn More about Michael J. Hennigan's net worth.
How old is Michael J. Hennigan?
What is Michael J. Hennigan's salary?
How do I contact Michael J. Hennigan?
Has Michael J. Hennigan been buying or selling shares of Marathon Petroleum?
Michael J. Hennigan has not been actively trading shares of Marathon Petroleum in the last ninety days. Most recently, Michael J. Hennigan sold 80,149 shares of the business's stock in a transaction on Wednesday, November 16th. The shares were sold at an average price of $118.73, for a transaction totalling $9,516,090.77. Following the completion of the sale, the chief executive officer now directly owns 248,596 shares of the company's stock, valued at $29,515,803.08. Learn More on Michael J. Hennigan's trading history.
Who are Marathon Petroleum's active insiders?
Are insiders buying or selling shares of Marathon Petroleum?
In the last twelve months, insiders at the oil and gas company sold shares 8 times. They sold a total of 41,341 shares worth more than $5,809,361.11. The most recent insider tranaction occured on March, 1st when Director Kim K.W. Rucker sold 1,000 shares worth more than $170,350.00. Insiders at Marathon Petroleum own 0.2% of the company.
Learn More about insider trades at Marathon Petroleum. Information on this page was last updated on 3/1/2024.
