PBF Energy executive chairman Nimbley to retire

PBF Energy (PBF) announced that Thomas J. Nimbley will retire from his position as Executive Chairman of the company and its subsidiaries on June 30, 2025. Nimbley is standing for re-election as a director at the company’s 2025 Annual Meeting of Stockholders and will become non-executive Chairman of the Board effective July 1, 2025 assuming his re-election. Nimbley retired as PBF Energy’s CEO effective on June 30, 2023 and has served as Executive Chairman of the Board since that time. Gene Edwards, PBF Energy’s Lead Director remarked, “Tom has played a vital role in growing PBF Energy, serving as our Chief Executive Officer from June 2010 to June 2023 and as Executive Chairman since then. Under Tom’s watch, PBF Energy grew from a start-up with no operations to a refining system of six refineries with a combined throughput of approximately 1 million barrels per day. In no small part thanks to Tom, we are now one of the largest independent refiners in the United States. We are grateful for his exemplary leadership of the Company and building a talented executive team. The Board is looking forward to continuing to benefit from his leadership as our Chairman.”