PBF Energy Inc.

DB:PEN Stock Report

Market Cap: €2.8b

PBF Energy Management

Management criteria checks 2/4

PBF Energy's CEO is Matt Lucey, appointed in Jan 2015, has a tenure of 9.92 years. total yearly compensation is $12.24M, comprised of 8.1% salary and 91.9% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth €8.77M. The average tenure of the management team and the board of directors is 2.7 years and 4.9 years respectively.

Key information

Matt Lucey

Chief executive officer

US$12.2m

Total compensation

CEO salary percentage8.1%
CEO tenure9.9yrs
CEO ownership0.3%
Management average tenure2.7yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Lucey's remuneration changed compared to PBF Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$293m

Jun 30 2024n/an/a

US$779m

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$12mUS$990k

US$2b

Sep 30 2023n/an/a

US$3b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$3b

Dec 31 2022US$6mUS$670k

US$3b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$251m

Dec 31 2021US$3mUS$650k

US$231m

Sep 30 2021n/an/a

-US$233m

Jun 30 2021n/an/a

-US$709m

Mar 31 2021n/an/a

-US$368m

Dec 31 2020US$2mUS$488k

-US$1b

Sep 30 2020n/an/a

-US$1b

Jun 30 2020n/an/a

-US$555m

Mar 31 2020n/an/a

-US$976m

Dec 31 2019US$4mUS$650k

US$319m

Sep 30 2019n/an/a

-US$88m

Jun 30 2019n/an/a

US$22m

Mar 31 2019n/an/a

US$327m

Dec 31 2018US$7mUS$608k

US$128m

Sep 30 2018n/an/a

US$723m

Jun 30 2018n/an/a

US$858m

Mar 31 2018n/an/a

US$476m

Dec 31 2017US$5mUS$600k

US$415m

Compensation vs Market: Matt's total compensation ($USD12.24M) is above average for companies of similar size in the German market ($USD1.93M).

Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.

CEO

Matt Lucey (51 yo)

9.9yrs

Tenure

US$12,240,872

Compensation

Mr. Matthew C. Lucey, also known as Matt, has been President at PBF Energy Company LLC, PBF Energy Inc. PBF Logistics GP LLC and PBF Holding Company LLC since January 2015. Mr. Lucey serves as Chief Execut...

Leadership Team

NamePositionTenureCompensationOwnership
Thomas Nimbley
Executive Chairman10.2yrsUS$12.18m0.67%
€ 18.8m
Matthew Lucey
President9.9yrsUS$12.24m0.31%
€ 8.8m
Karen Davis
Senior VP & CFO1.9yrsUS$8.56m0.085%
€ 2.4m
Trecia Canty
Senior VP9.3yrsUS$5.39m0.12%
€ 3.4m
Timothy Davis
Senior Vice President of Supply2.7yrsUS$5.39m0.12%
€ 3.2m
Thomas O'Connor
Senior Vice President of Commodity Risk & Strategy10.3yrsUS$5.38m0.16%
€ 4.4m
Colin Murray
Senior Director of Investor Relationsno datano datano data
Wendy Ho Tai
Senior Vice President of Human Resources2.7yrsno datano data
Steven Steach
Senior VP & Head of Refining2.9yrsno data0.057%
€ 1.6m
James Fedena
Senior Vice President of Logistics2.7yrsno data0.11%
€ 3.1m
Michael Bukowski
Senior VP & Head of Refiningless than a yearno data0.039%
€ 1.1m
Thomas O'Malley
Consultant8.5yrsUS$8.29mno data

2.7yrs

Average Tenure

60.5yo

Average Age

Experienced Management: PEN's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Thomas Nimbley
Executive Chairman10.2yrsUS$12.18m0.67%
€ 18.8m
Matthew Lucey
President1.4yrsUS$12.24m0.31%
€ 8.8m
Kimberly Lubel
Independent Director7.3yrsUS$334.45k0.035%
€ 970.7k
E. Abraham
Independent Director12.2yrsUS$325.00k0.046%
€ 1.3m
S. Edwards
Lead Independent Director10.4yrsUS$338.30k0.047%
€ 1.3m
Paul Donahue
Independent Director2.9yrsUS$305.00k0.013%
€ 365.4k
Lawrence Ziemba
Independent Director1.9yrsUS$320.56k0.0085%
€ 237.6k
Damian Wilmot
Independent Director1.8yrsUS$277.92k0.0062%
€ 174.5k
George Ogden
Independent Director6.9yrsUS$305.00k0.035%
€ 990.8k
Georganne Hodges
Independent Director1.8yrsUS$277.92k0.0066%
€ 184.8k

4.9yrs

Average Tenure

63yo

Average Age

Experienced Board: PEN's board of directors are considered experienced (4.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 11:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PBF Energy Inc. is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Yim ChengBarclays
Phillip JungwirthBMO Capital Markets Equity Research