Not independent
Tenure on this board
1.0 yrs
Also a director at
Mplx LP (MPLX)Prudential Financial Inc (PRU)
Meeting calendar
MPC · Annual meeting · Wednesday, April 29, 2026
Marathon Petroleum Corp
4 nominees · 5 ballot items.
Elect four Class III directors; Ratify PwC as independent auditor; Advisory vote to approve NEO compensation (say-on-pay); Approve amendment to declassify the Board; Approve amendment to eliminate supermajority provisions; Transact other business.
Market cap
$91.3B
1Y TSR
+57.1%
Board grade
B+
Record date
Mar 3, 2026
Filing
DEF 14A
Meeting concluded · Apr 29, 2026
Follow how the vote landed and what changed on Marathon Petroleum Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot5
- 1
Election of Directors
ManagementBoard: FORElect four Class III director nominees: Maryann T. Mannen, Eileen P. Paterson, J. Michael Stice and John P. Surma for three-year terms (Class III).
- 2
Ratify Independent Auditor for 2026
ManagementBoard: FORRatify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026.
- 3
Advisory Vote to Approve Named Executive Officer Compensation (Say-on-Pay
ManagementBoard: FORNon-binding, advisory vote to approve the compensation of named executive officers as disclosed in the CD&A and related tables.
- 4
Approve Amendment to Certificate of Incorporation to Declassify the Board
ManagementBoard: FORApprove the Declassification Amendment to phase out the classified Board so that by the 2029 annual meeting all directors will be elected annually.
- 5
Approve Amendment to Certificate of Incorporation to Eliminate Supermajority Provisions
ManagementBoard: FORApprove the Supermajority Elimination Amendment to remove 80% supermajority voting provisions so that certain charter amendments and director removal require majority approval.
Director elections
Nominees on the ballot4
Independent
Tenure on this board
2.4 yrs
Also a director at
Woodward Inc (WWD)Constellation Energy Corp (CEG)
Independent
Tenure on this board
9.4 yrs
Also a director at
Mplx LP (MPLX)Kosmos Energy Ltd (KOS)
Independent
Tenure on this board
15.0 yrs
Also a director at
Mplx LP (MPLX)Trane Technologies PLC (TT)Public Service Enterprise Group Inc (PEG)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.6% | 19,170,094 | $4.7B |
| 2 | STATE STREET CORP | 6.5% | 19,025,020 | $4.6B |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.4% | 15,672,113 | $3.8B |
| 4 | BlackRock, Inc. | 3.2% | 9,241,238 | $2.3B |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 2.4% | 6,870,778 | $1.7B |
| 6 | BlackRock, Inc. | 2.1% | 6,273,672 | $1.5B |
| 7 | WELLINGTON MANAGEMENT GROUP LLP | 1.8% | 5,382,919 | $1.3B |
| 8 | Boston Partners | 1.5% | 4,339,511 | $1.1B |
| 9 | RAYMOND JAMES FINANCIAL INC | 1.3% | 3,684,591 | $900M |
| 10 | FMR LLC | 1.2% | 3,362,097 | $821M |
Peers
Nearest market capOther Energy sector meetings6
Upcoming shareholder meetings at Marathon Petroleum Corp’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Weatherford International PLCWFRD
Special meeting·Sep 3, 2026·$5.8B
Granite Ridge Resources IncGRNT
Special meeting·Aug 4, 2026·$616M
Valero Energy CorpVLO
Annual meeting·May 7, 2026·$91.9B
Williams Companies IncWMB
Annual meeting·Apr 28, 2026·$89.7B
Phillips 66PSX
Annual meeting·May 13, 2026·$82.9B
Eog Resources IncEOG
Annual meeting·May 20, 2026·$74.5B
Reference
Frequently asked questions
- When is the Marathon Petroleum Corp 2026 annual meeting?
- Marathon Petroleum Corp (MPC) holds its 2026 annual shareholder meeting on Wednesday, April 29, 2026.
- What is the record date for the Marathon Petroleum Corp 2026 meeting?
- The record date for the Marathon Petroleum Corp 2026 meeting is Tuesday, March 3, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Marathon Petroleum Corp's 2026 meeting?
- The board is presenting 4 director nominees at the Marathon Petroleum Corp 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Marathon Petroleum Corp 2026 meeting?
- Shareholders will vote on 5 proposals at the Marathon Petroleum Corp 2026 meeting, each tagged with who proposed it and the board's recommendation.
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