---
schema_version: "secwatch.filing_event.v1"
accession: "0001534504-23-000005"
form_type: "8-K"
ticker: "PBF"
cik: "0001534504"
company_name: "PBF Energy Inc."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:20:48.858115+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PBF Energy appoints Karen B. Davis as CFO effective Feb 20, 2023

## Summary
- Davis previously served as interim CFO since January 1, 2023; now confirmed as SVP, CFO.
- Annual base salary of $630,000 plus $600,000 sign-on bonus and long-term equity awards totaling $2.37M.
- Employment agreement includes severance of 1.5x salary for non-cause termination and 2.99x salary upon change in control.

## SEC filing metadata
- accession: 0001534504-23-000005
- form_type: 8-K
- ticker: PBF
- cik: 0001534504
- company_name: PBF Energy Inc.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534504/000153450423000005/0001534504-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534504/000153450423000005/pbf-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001534504-23-000005
- JSON: https://secwatch.observer/filing/0001534504-23-000005.json
- Plain text: https://secwatch.observer/filing/0001534504-23-000005.txt

## Key facts
- Executive change
  Karen B. Davis was appointed as Senior Vice President, Chief Financial Officer at PBF Energy Inc..
  - Action: appointed
  - Role: Senior Vice President, Chief Financial Officer
  source text: On February 14, 2023, the Board of Directors of PBF Energy Inc. (the “Company”) approved the appointment of Karen B. Davis as Senior Vice President, Chief Financial Officer of the Company, effective February 20, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534504/000153450423000005/0001534504-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.