PARSIPPANY, N.J.--(BUSINESS WIRE)--PBF Energy Inc. (NYSE:PBF) announced today the election of Eija
Malmivirta and Gene Edwards as independent members of its Board of
Directors. The company’s Board of Directors now consists of nine
members, including eight independent directors.
Eija Malmivirta has over 40 years of experience in the energy sector.
Ms. Malmivirta served in various positions at Neste Oy from 1969 to
1996, most recently as an Executive Vice President, Head of Neste
International Oil Trading and Supply. She served as the Chairman and
principal owner of Merei Energy Oy Ltd., an oil trading company, from
1996 to 2002. Ms. Malmivirta served as a member of the Board of
Directors of Kemira Oyj, a chemical company from 1997 to 2008, VR Group
Ltd. (Finnish Railways) from 1993 to 2006, National Emergency Supply
Agency from 1997 to 2009, all located in Helsinki, Finland. She was also
a board member for Tosco Corporation from 1997 to 2001, Premcor from
2002 to 2004 and Petroplus from 2006 to 2011.
Ms. Malmivirta’s extensive oil industry expertise and public entity
board member experience, including in the refining sector, provides our
board with added depth and strategic insight.
Gene Edwards has over 35 years of experience in the energy and refining
sectors. Most recently he retired from Valero in April of 2014 where he
was Executive Vice President and Chief Development Officer. Mr. Edwards
began his career with Valero as an Analyst in Planning and Economics in
1982 and then served as Director of Business Development; Director of
Petrochemical Products; Vice President of Planning and Business
Development; Senior Vice President of Supply, Marketing &
Transportation; Senior Vice President of Planning, Business Development
and Risk Management and as Senior Vice President of Product Supply and
Trading. Prior to joining Valero, he was an energy analyst with Pace
Consultants and a refinery process engineer with Citgo. He previously
served as a director of CST Brands, a spin-off of Valero, from May to
October 2013. Mr. Edwards has served as a director of Green Plains
Energy since June 2014.
Mr. Edwards’ decades of experience in all aspects of the refining sector
provides our board with additional industry-specific knowledge from an
individual deeply connected with the independent refining sector.
Thomas D. O’Malley, PBF’s Executive Chairman, said, “We are very pleased
to have Ms. Malmivirta and Mr. Edwards join PBF’s Board of Directors.
Eija Malmivirta brings to PBF a wealth of energy sector and commercial
expertise and Gene Edwards brings with him extensive experience in the
U.S. independent refining sector. Ms. Malmivirta and Mr. Edwards are
both valuable additions to the PBF Energy Board and I look forward to
serving with them.”
About PBF Energy Inc.
PBF Energy Inc. (NYSE:PBF) is one of the largest independent refiners in
North America, operating, through its subsidiaries, oil refineries and
related facilities in Delaware City, Delaware, Paulsboro, New Jersey and
Toledo, Ohio. Our mission is to operate our facilities in a safe,
reliable and environmentally sensitive manner, provide employees with a
safe and rewarding workplace, become a positive influence in the
communities where we do business, and provide superior returns to our
investors.
PBF Energy Inc. also indirectly owns the general partner and
approximately 50.2% of the limited partnership interest of PBF Logistics
LP (NYSE:PBFX).
