The estimated Net Worth of John P Surma is at least $2.06 Milion dollars as of 21 August 2014. Mr. Surma owns over 2,000 units of Marathon Petroleum Corp stock worth over $666,162 and over the last 21 years he sold MPC stock worth over $804,384. In addition, he makes $585,000 as Non-Executive Chairman of the Board at Marathon Petroleum Corp.
John has made over 20 trades of the Marathon Petroleum Corp stock since 2004, according to the Form 4 filled with the SEC. Most recently he bought 2,000 units of MPC stock worth $260,000 on 21 August 2014.
The largest trade he's ever made was exercising 150,000 units of Marathon Petroleum Corp stock on 12 August 2004 worth over $2,565,000. On average, John trades about 3,342 units every 15 days since 2004. As of 21 August 2014 he still owns at least 4,200 units of Marathon Petroleum Corp stock.
You can see the complete history of Mr. Surma stock trades at the bottom of the page.
John P. Surma Jr. serves as Non-Executive Chairman of the Board of the Company. Mr. Surma retired as the Chief Executive Officer of United States Steel Corporation and as Executive Chairman in 2013. Prior to joining United States Steel, Mr. Surma served in several executive positions with Marathon Oil Corporation, including as Senior Vice President, Finance & Accounting of Marathon Oil Company in 1997, President, Speedway SuperAmerica LLC in 1998, Senior Vice President, Supply & Transportation of Marathon Ashland Petroleum LLC in 2000 and President of Marathon Ashland Petroleum in 2001. Prior to joining Marathon, Mr. Surma worked for Price Waterhouse LLP, becoming a partner in 1987. In 1983, Mr. Surma participated in the President’s Executive Exchange Program in Washington, D.C., serving as Executive Staff Assistant to the Federal Reserve Board’s Vice Chairman. He was appointed by President Barack Obama to the President’s Advisory Committee for Trade Policy and Negotiations, serving from 2010 to 2014, including as Vice Chairman. Mr. Surma holds a bachelor’s degree in accounting from Pennsylvania State University. He currently serves on the boards of Concho Resources Inc., Ingersoll-Rand plc and MPLX GP, and previously served on the board of United States Steel Corporation. He also serves on the board of the University of Pittsburgh Medical Center, and formerly chaired the board of the Federal Reserve Bank of Cleveland.
As the Non-Executive Chairman of the Board of Marathon Petroleum Corp, the total compensation of John Surma at Marathon Petroleum Corp is $585,000. There are 6 executives at Marathon Petroleum Corp getting paid more, with Donald Templin having the highest compensation of $8,116,550.
John Surma is 65, he's been the Non-Executive Chairman of the Board of Marathon Petroleum Corp since 2020. There are 5 older and 37 younger executives at Marathon Petroleum Corp. The oldest executive at Marathon Petroleum Corp is James Rohr, 71, who is the Lead Independent Director.
John's mailing address filed with the SEC is C/O MPLX LP, 200 E. HARDIN STREET, FINDLAY, OH, 45840.
Over the last 13 years, insiders at Marathon Petroleum Corp have traded over $49,611,066 worth of Marathon Petroleum Corp stock and bought 54,790 units worth $3,288,110 . The most active insiders traders include Thomas J Usher, James E Rohr oraz Charles E Bunch. On average, Marathon Petroleum Corp executives and independent directors trade stock every 50 days with the average trade being worth of $4,204,751. The most recent stock trade was executed by Kim K.W. Rucker on 1 March 2024, trading 1,000 units of MPC stock currently worth $170,350.
headquartered in findlay, ohio, marathon petroleum corporation (mpc), together with its subsidiaries, including marathon petroleum company lp and speedway llc, is one of the largest petroleum product refiners, marketers and transporters in the united states. mpc is the nation’s fourth-largest refiner and the largest refiner in the midwest. mpc’s refining, marketing and transportation operations are concentrated primarily in the midwest, gulf coast and southeast regions of the u.s. mpc operations are strategically located to serve major markets. they include a seven-plant refining network, a comprehensive terminal and transportation system, and extensive wholesale and retail marketing operations. this includes both the marathon brand and mpc’s wholly-owned retail marketing subsidiary, speedway llc, the nation’s fourth-largest chain of company-owned and -operated retail gasoline and convenience stores.
Marathon Petroleum Corp executives and other stock owners filed with the SEC include: