Company Leadership Transition - Thomas J. Nimbley will retire as Executive Chairman of PBF Energy Inc. on June 30, 2025, and will assume the role of non-executive Chairman of the Board if re-elected at the 2025 Annual Meeting of Stockholders [1] - Nimbley served as CEO from June 2010 to June 2023 and has been Executive Chairman since then, overseeing the growth of PBF Energy from a start-up to one of the largest independent refiners in the U.S. with a refining system of six refineries and a combined throughput of approximately 1 million barrels per day [2] Company Overview - PBF Energy Inc. is one of the largest independent refiners in North America, operating oil refineries and related facilities in California, Delaware, Louisiana, New Jersey, and Ohio [4] - The company aims to operate its facilities safely and responsibly, provide a rewarding workplace for employees, positively influence local communities, and deliver superior returns to investors [4] Joint Ventures and Future Plans - PBF Energy is a 50% partner in the St. Bernard Renewables joint venture, which focuses on the production of next-generation sustainable fuels [5]
Tom Nimbley to Transition to Non-Executive Chairman of the Board