Delek US Holdings Appoints New CFO, Adjusts Executive Roles and Compensation

summarizeSummary

Delek US Holdings announced a new CFO, significant executive role reassignments, and updated compensation for key officers, including a new General Counsel.

check_boxKey Events · Executive and Board Changes · DK

• New Chief Financial Officer Appointed

  Robert Wright, formerly EVP, Deputy CFO, has been appointed Chief Financial Officer for both Delek US Holdings and Delek Logistics Partners, LP, effective July 1, 2026. He replaces Mark Hobbs, who transitions to EVP, Logistics.

• CFO Compensation Package Increased

  Robert Wright's annual base salary increased from $500,000 to $540,000, his annual bonus target from 75% to 90% of base salary, and he will receive long-term incentive grants of $650,000 in March 2027 and $800,000 in March 2028.

• New General Counsel Appointed

  Misty Lavender has been appointed Executive Vice President, General Counsel and Corporate Secretary, succeeding Denise McWatters, who will transition to a two-year consulting role with annual compensation of $250,000.

• Executive Role Reassignments

  Mark Hobbs moves from CFO to Executive Vice President, Logistics. Mohit Bhardwaj is appointed Executive Vice President, New Energy, Strategy & IR, leading the company's New Energy Business.

auto_awesomeAnalysis · DK · Energy & Transportation

This filing details significant executive leadership changes, including the appointment of Robert Wright as the new Chief Financial Officer, succeeding Mark Hobbs who moves to Executive Vice President, Logistics. The new CFO's compensation package includes a notable increase in base salary, bonus target, and long-term incentive grants. Additionally, Misty Lavender is appointed General Counsel, replacing Denise McWatters who transitions to a two-year consulting role. These changes represent a planned succession and restructuring of key leadership positions.