PARSIPPANY, N.J., Dec. 7, 2022 /PRNewswire/ -- PBF Energy Inc.
(NYSE: PBF) today announced that Karen B.
Davis will assume the role of Chief Financial Officer, on an
interim basis, of PBF Energy Inc., effective January 1, 2023.
Ms. Davis previously served as Executive Vice President and
Chief Financial Officer of Western Refining, Inc. and its
affiliated entities, Western Refining Logistics LP and Northern
Tier Energy, LP through May 2017.
During her career, she has served in various chief financial
officer and financial reporting officer positions with various
public and private companies throughout the United States. Ms. Davis has served
as an independent director of PBF Energy since January 1, 2020 and the Chairperson of the Audit
Committee since October 1, 2020. From
2017 through 2019, she served as a director of PBF Logistics LP,
where she was a member of the Audit and the Conflicts
Committees.
Tom Nimbley, PBF Energy's
Chairman and CEO, said, "On behalf of the Board of Directors and
management team, we are grateful that Karen is willing to assume
the position of Chief Financial Officer of PBF Energy on an interim
basis. Not only is she eminently qualified as a seasoned financial
executive with refining industry experience as a Chief Financial
Officer, her current experience as member of the PBF Board of
Directors ensures a smooth transition."
In connection with the assumption of the duties of Interim Chief
Financial Officer, Ms. Davis will step down from the Board of
Directors of PBF Energy Inc.
About PBF Energy
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.
Forward-looking
Statements
Statements in this press release relating to future plans,
results, performance, expectations, achievements and the like are
considered "forward-looking statements" (as that term is defined
under the federal securities laws). These forward-looking
statements involve known and unknown risks, uncertainties and other
factors, many of which may be beyond PBF Energy'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 PBF Energy's filings with the SEC. All
forward-looking statements speak only as of the date hereof. PBF
Energy do not undertake any obligation to revise or update any
forward-looking statements except as may be required by applicable
law.
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SOURCE PBF Energy Inc.