In 2013, Clarence P. Cazalot Jr. earned $4.19M in total compensation at Marathon Oil, including $1.40M salary and $2.46M bonus. Most recently acquired 37,368 shares in Dec 2018. Currently holds stock worth $5.16M. Has donated $5.77M in stock to charitable causes. Led Marathon Oil as CEO for 11 years.
Compensation History
Annual executive compensation data for Clarence P. Cazalot Jr., including salary, bonuses, and stock awards.
Year
2013
Total Compensation
$4.19M
Salary
$1.40M
Bonus
$2.46M
Other
$331.74K
Salary
$1.40MBoard Justification
The compensation philosophy is designed to align executive compensation with the company's performance and shareholder interests, focusing on long-term value creation and competitive market positioning.
Bonus
$2.46MBoard Justification
Annual cash bonus awards for 2013 that were determined by the Compensation Committee and paid in February 2014 pursuant to the Company’s Annual Cash Bonus Plan.
Other Compensation
$331.74KBoard Justification
Includes personal use of company aircraft, company physicals, tax and financial planning, and contributions to defined contribution plans.
Restricted Stock
Board Justification
No stock awards vested in 2013 as the focus was on performance units and options.
Performance Metrics
The performance metrics included financial and operational goals that drive stockholder value and individual performance.
Clarence P. Cazalot Jr.
Ex-CEO of Marathon Oil
Education
Bachelor's degree in Geology from Louisiana State University
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Energy
Born
January 1, 1950 - 75 years ago
CEO of Marathon Oil for
11 years 9 months (Mar 2002 - Dec 2013)
Previous Experience
President of Production Operations at Texaco Inc.
Other Marathon Oil CEOs
Holdings
Track Clarence P. Cazalot Jr.'s stock holdings and portfolio value over time.
Total Stock Sold
$8.46M
$8.46M
269,712 MRO shares
What if they kept their stock?
If Clarence P. Cazalot Jr. didn't sell their stock, today they would have:
Extra MRO269,712 shares worth $0.00.
This is -100% and $8.46M less than what they got when they sold the stock.
Charitable Transactions
120,025 shares
ENB
333,310 shares
MRO
Recent Charitable Transactions
120,025 shares
ENB
Dec 31, 2018
Charity
Insider Trading
Clarence P. Cazalot Jr.'s recent stock transactions, purchases, and sales filed with the SEC.
120,025 shares
ENB
Dec 31, 2018
Charity
37,368 shares
ENB
Dec 20, 2018
Received
82,658 shares
ENB
Dec 14, 2018
Received
$249.99K
FTI at $29.96/share
May 2, 2016
Received
$249.99K
FTI at $43.34/share
May 1, 2015
Received
$249.99K
FTI at $56.47/share
May 1, 2014
Received
$104.13K
FTI at $48.21/share
Dec 2, 2013
Received
Rivals
Compare Clarence P. Cazalot Jr. with competitor CEOs and industry peers.