Delek US and Delek Logistics Announce Chief Financial Officer Transition
February 25 2020 - 4:01PM
Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) and Delek Logistics
Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced that
Mr. Assi Ginzburg, Executive Vice President and Chief Financial
Officer, has informed them that he will not renew his employment
contract to pursue other opportunities. Assi will remain in his
current role until May to ensure a smooth transition. Delek US and
Delek Logistics Partners are in the process of identifying Mr.
Ginzburg’s replacement.
Regarding the CFO transition, Uzi Yemin,
Chairman, President and Chief Executive Officer of Delek US and
Chairman and Chief Executive Officer of Delek Logistics GP, the
general partner of Delek Logistics, stated, “Delek would not be
what it is today without Assi’s invaluable contributions since
joining the company in 2004. I wish Assi the best of luck as he has
decided to pursue opportunities that will allow him to be closer to
his family and I would like to thank his family for
their support over the years.”
About Delek Logistics Partners,
LPDelek Logistics Partners, LP, headquartered in
Brentwood, Tennessee, was formed by Delek US Holdings, Inc. (NYSE:
DK) to own, operate, acquire and construct crude oil and refined
products logistics and marketing assets.
About Delek US Holdings,
Inc.Delek US Holdings, Inc. is a diversified downstream
energy company with assets in petroleum refining, logistics,
asphalt, renewable fuels and convenience store retailing. The
refining assets consist of refineries operated in Tyler and Big
Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana
with a combined nameplate crude throughput capacity of 302,000
barrels per day.
The logistics operations consist of Delek
Logistics. Delek US and its affiliates also own approximately 63
percent (including the 2 percent general partner interest) of Delek
Logistics. Delek Logistics is a growth-oriented master
limited partnership focused on owning and operating midstream
energy infrastructure assets.
The convenience store retail business operates
approximately 258 convenience stores in central and west Texas and
New Mexico.
Investor Relations Contacts:Blake Fernandez,
Senior Vice President of Investor Relations and Market
Intelligence, 615-224-1312Jeb Bachmann, Manager of Investor
Relations and Market Intelligence, 615-224-1118Lenny Raymond,
Manager of Investor Relations and Market Intelligence,
615-224-0828
Keith Johnson, Vice President of Investor Relations,
615-435-1366
Media/Public Affairs Contact:Michael P. Ralsky,
Vice President - Government Affairs, Public Affairs &
Communications, 615-435-1407
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