Delek US and Delek Logistics Announce Chief Financial Officer Transition
March 05 2019 - 5:00PM
Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) and Delek Logistics
Partners, LP (NYSE: DKL) (“Delek Logistics”) today announced the
appointment of Mr. Assi Ginzburg to Executive Vice President and
Chief Financial Officer of Delek US and Delek Logistics GP, LLC
(“Delek Logistics GP”), the general partner of Delek Logistics,
effective immediately. Mr. Ginzburg will succeed Mr. Kevin Kremke,
who will remain with the company as an Executive Vice President and
assist with the transition.
Mr. Ginzburg joined Delek US in 2004 and has
served in various executive roles, including serving as Delek US
and Delek Logistics GP’s Chief Financial Officer from January 2013
to June 2017 and as Delek US’ Executive Vice President, Strategic
Planning since June 2017. Mr. Ginzburg also serves on the
board of directors and as an executive officer of Delek Logistics
GP, the general partner of Delek Logistics. Mr. Ginzburg has been a
member of the Israel Institute of Certified Public Accountants
since 2001.
Regarding the Chief Financial Officer
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,
“I appreciate the work accomplished by Kevin during his tenure
leading our finance department and want to thank him for his
contributions to the organization. I am pleased that Assi has
agreed to serve again as Chief Financial Officer. Assi and I have
worked closely together for many years and he has been an integral
part of Delek’s success.”
“Delek’s future is bright, and I am excited to
have the opportunity to continue to partner with Uzi and the
executive leadership team as we advance our growth strategy,”
stated Mr. Ginzburg. “I look forward to leading the finance team
and supporting our commitment to deliver long term shareholder
value.”
About Delek US Holdings,
Inc.Delek US Holdings, Inc. is a diversified downstream
energy company with assets in petroleum refining, logistics,
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 primarily consist of Delek Logistics
Partners, LP. Delek US Holdings, Inc. and its affiliates own
approximately 63% (including the 2 percent general partner
interest) of Delek Logistics Partners, LP. Delek Logistics
Partners, LP (NYSE: DKL) is a growth-oriented master limited
partnership focused on owning and operating midstream energy
infrastructure assets. The convenience store retail business is the
largest 7-Eleven licensee in the United States and operates
approximately 280 convenience stores in central and west Texas and
New Mexico.
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.
Investor / Media Relations Contact:Keith
JohnsonVice President of Investor
Relations
615-435-1366
Media/Public Affairs Contact:Michael P.
RalskyVice President - Government Affairs, Public Affairs &
Communications615-435-1407
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