secwatch.observer — SEC 8-K summary
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Issuer:     PBF Energy Inc. (PBF)
CIK:        0001534504
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001534504-23-000005
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534504/000153450423000005/0001534504-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534504/000153450423000005/pbf-20230214.htm
  HTML page:      https://secwatch.observer/filing/0001534504-23-000005

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