secwatch.observer — SEC 8-K summary
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Issuer:     PBF Energy Inc. (PBF)
CIK:        0001534504
Form:       8-K
Filed at:   2022-04-12T23:59:59+00:00
Accession:  0001534504-22-000010
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PBF Energy reorganizes senior leadership; O'Connor and Davis assume new roles April 11
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- Thomas O'Connor moves to SVP Commodity Risk and Strategy from SVP Commercial.
- T. Paul Davis moves to SVP Supply, Trading and Optimization from President Western Region.
- CEO stock ownership guideline increased to 6x salary from 5x salary.
- Compensation Committee approved forms of 2023-2025 performance share unit agreements; no awards granted yet.
- Changes are part of a business reorganization to position the company for long-term success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534504/000153450422000010/0001534504-22-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534504/000153450422000010/pbf-20220406.htm
  HTML page:      https://secwatch.observer/filing/0001534504-22-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer