PARSIPPANY, N.J., Sept. 11, 2020 /PRNewswire/ -- PBF Energy
Inc. (NYSE: PBF) announced today that Edward Kosnik will retire as a director
effective as of September 30,
2020.
Thomas Nimbley, Chairman and
Chief Executive Officer of PBF Energy commented, "As one of the
longest serving members of PBF Energy's Board of Directors, Lead
Director and the Chairman of the Audit Committee, Ed has played a
critical role at PBF, exhibiting financial acumen and
professionalism. We are grateful for his exemplary leadership
of the PBF Board and many contributions to the Company and wish him
well in his retirement."
Forward-Looking Statements
Statements in this press
release relating to future plans, results, performance,
expectations, achievements and the like are considered
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements involve known and unknown risks, uncertainties and other
factors, many of which may be beyond the company's control, that
may cause actual results to differ materially from any future
results, performance or achievements expressed or implied by the
forward-looking statements. Factors and uncertainties that may
cause actual results to differ include but are not limited to the
risks disclosed in the company's filings with the SEC, as well as
the risks disclosed in PBF Logistics LP's SEC filings and any
impact PBF Logistics LP may have on the company's credit rating,
cost of funds, employees, customer and vendors; risk relating to
the securities markets generally; risks associated with the recent
acquisition of the Martinez refinery, and related logistics assets;
the duration and severity of the COVID-19 pandemic and certain
developments in the global oil markets and their impact on the
global macroeconomic conditions; and the impact of adverse market
conditions affecting the company, unanticipated developments,
regulatory approvals, changes in laws and other events that
negatively impact the company. All forward-looking statements speak
only as of the date hereof. The company undertakes no obligation to
revise or update any forward-looking statements except as may be
required by applicable law.
About PBF Energy Inc.
PBF Energy Inc. (NYSE:PBF) is
one of the largest independent refiners in North America, operating, through its
subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New
Jersey and Ohio. Our
mission is to operate our facilities in a safe, reliable and
environmentally responsible manner, provide employees with a safe
and rewarding workplace, become a positive influence in the
communities where we do business, and provide superior returns to
our investors.
PBF Energy Inc. also currently indirectly owns the general
partner and approximately 48% of the limited partnership interest
of PBF Logistics LP (NYSE: PBFX).
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SOURCE PBF Energy Inc.