Marathon Petroleum (MPC) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
16 Mar, 2026Voting matters and shareholder proposals
Election of four Class III directors is proposed, with board recommendation to vote for all nominees.
Ratification of PricewaterhouseCoopers LLP as independent auditor for 2026 is recommended.
Advisory approval of named executive officer compensation is up for vote.
Amendments to the Restated Certificate of Incorporation to declassify the board and eliminate supermajority provisions are proposed.
Board of directors and corporate governance
Board recommends declassifying itself, moving away from staggered terms.
Proposal to eliminate supermajority voting requirements in the certificate of incorporation.
Executive compensation and say-on-pay
Advisory vote on executive compensation is included, with board recommending approval.
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