PARSIPPANY, N.J., Nov. 29,
2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) and
PBF Logistics LP (NYSE: PBFX) today announced that C. Erik Young, Chief Financial Officer, has
resigned to pursue other professional opportunities. Mr.
Young's resignation will be effective December 20, 2022. A search for potential
internal and external candidates to replace Mr. Young will be
conducted.
Mr. Young enjoyed a twelve-year career at PBF and has served as
the Company's CFO since 2014. Among his many accomplishments during
his tenure with the Company, Erik oversaw the build out of PBF's
financial organization and helped the Company successfully navigate
the turmoil brought about the global Pandemic.
Tom Nimbley, PBF Energy's and PBF
Logistics' Chairman and CEO, said, "On behalf of the Boards of
Directors and management team, I would like to thank Erik for all
of his contributions to PBF Energy and PBF Logistics. Erik
has been a valuable member of our team and we wish him all the
best with his future endeavors."
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.
About PBF Logistics
PBF Logistics LP (NYSE: PBFX),
headquartered in Parsippany, New
Jersey, is a fee-based, growth-oriented master limited
partnership formed by PBF Energy to own or lease, operate, develop
and acquire crude oil and refined petroleum products terminals,
pipelines, storage facilities and similar logistics assets.
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 or PBF Logistics' 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 or PBF Logistics' filings with the
SEC. All forward-looking statements speak only as of the date
hereof. Neither PBF Energy nor PBF Logistics undertakes 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.