PBF Energy Management

Management criteria checks 2/4

PBF Energy's CEO is Matt Lucey, appointed in Jan 2015, has a tenure of 9.42 years. total yearly compensation is $12.24M, comprised of 8.1% salary and 91.9% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth $13.29M. The average tenure of the management team and the board of directors is 2.3 years and 4.4 years respectively.

Key information

Matt Lucey

Chief executive officer

US$12.2m

Total compensation

CEO salary percentage8.1%
CEO tenure9.4yrs
CEO ownership0.2%
Management average tenure2.3yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

There Might Be More To PBF Energy's (NYSE:PBF) Story Than Just Weak Earnings

May 09
There Might Be More To PBF Energy's (NYSE:PBF) Story Than Just Weak Earnings

Here's Why PBF Energy (NYSE:PBF) Can Manage Its Debt Responsibly

Apr 28
Here's Why PBF Energy (NYSE:PBF) Can Manage Its Debt Responsibly

Little Excitement Around PBF Energy Inc.'s (NYSE:PBF) Earnings

Apr 07
Little Excitement Around PBF Energy Inc.'s (NYSE:PBF) Earnings

PBF Energy: The Regional Refining Capacity Squeeze

Apr 02

PBF Energy Inc.'s (NYSE:PBF) Intrinsic Value Is Potentially 35% Above Its Share Price

Mar 16
PBF Energy Inc.'s (NYSE:PBF) Intrinsic Value Is Potentially 35% Above Its Share Price

The Prognosis For PBF Energy

Feb 22

PBF Energy Is Incredibly Undervalued, But Is 'Stuck' At Its Current Valuation

Jan 17

PBF Energy Inc.'s (NYSE:PBF) Shares Lagging The Industry But So Is The Business

Jan 01
PBF Energy Inc.'s (NYSE:PBF) Shares Lagging The Industry But So Is The Business

PBF Energy: A Deeply Undervalued Top-Rated Energy Play For 2024 And Beyond

Dec 13

PBF Energy (NYSE:PBF) Has A Somewhat Strained Balance Sheet

Dec 06
PBF Energy (NYSE:PBF) Has A Somewhat Strained Balance Sheet

PBF Energy: Attractive As Capital Returns Accelerate

Nov 03

Is PBF Energy Inc. (NYSE:PBF) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 30
Is PBF Energy Inc. (NYSE:PBF) Expensive For A Reason? A Look At Its Intrinsic Value

PBF Energy: Remain Bullish After Q2-2023 Earnings

Aug 21

PBF Energy (NYSE:PBF) Seems To Use Debt Quite Sensibly

Aug 09
PBF Energy (NYSE:PBF) Seems To Use Debt Quite Sensibly

Does PBF Energy (NYSE:PBF) Deserve A Spot On Your Watchlist?

Jul 19
Does PBF Energy (NYSE:PBF) Deserve A Spot On Your Watchlist?

PBF Energy: Still Very Cheap And Returning 13.5%

Jun 26

PBF Energy: Unlocking Value Amidst Refining Volatility

Jun 19

PBF Energy Q4 2022 Earnings Preview

Feb 15

We Think PBF Energy (NYSE:PBF) Can Stay On Top Of Its Debt

Feb 02
We Think PBF Energy (NYSE:PBF) Can Stay On Top Of Its Debt

PBF Energy Could Be A Huge Winner In 2023

Jan 26

PBF Energy subsidiary to redeem $525M of senior notes due 2023

Jan 03

A Look At The Intrinsic Value Of PBF Energy Inc. (NYSE:PBF)

Dec 29
A Look At The Intrinsic Value Of PBF Energy Inc. (NYSE:PBF)

PBF Energy: Management Is Using Robust Results To Reward Shareholders

Dec 15

Karen Davis becomes temp CFO of PBF Energy

Dec 07

PBF Energy: Time To Lock In Profits

Nov 06

PBF Energy Q3 2022 Earnings Preview

Oct 26

CEO Compensation Analysis

How has Matt Lucey's remuneration changed compared to PBF Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD12.24M) is above average for companies of similar size in the US market ($USD8.45M).

Compensation vs Earnings: Matt's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Matt Lucey (51 yo)

9.4yrs

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 Chairman9.7yrsUS$12.18m0.61%
$ 32.5m
Matthew Lucey
President9.4yrsUS$12.24m0.25%
$ 13.1m
Karen Davis
Senior VP & CFO1.4yrsUS$8.56m0.059%
$ 3.2m
Trecia Canty
Senior VP8.8yrsUS$5.39m0.10%
$ 5.3m
Timothy Davis
Senior Vice President of Supply2.2yrsUS$5.39m0.094%
$ 5.0m
Thomas O'Connor
Senior Vice President of Commodity Risk & Strategy9.8yrsUS$5.38m0.14%
$ 7.2m
Colin Murray
Senior Director of Investor Relationsno datano datano data
Wendy Ho Tai
Senior Vice President of Human Resources2.2yrsno datano data
Steven Steach
Senior VP & Head of Refining2.4yrsno data0.055%
$ 2.9m
James Fedena
Senior Vice President of Logistics2.2yrsno data0.090%
$ 4.8m
Michael Bukowski
Senior VP & Head of Refiningno datano data0.014%
$ 739.9k
Thomas O'Malley
Consultant8yrsUS$8.29mno data

2.3yrs

Average Tenure

60.5yo

Average Age

Experienced Management: PBF's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Nimbley
Executive Chairman9.7yrsUS$12.18m0.61%
$ 32.5m
Matthew Lucey
Presidentless than a yearUS$12.24m0.25%
$ 13.1m
Kimberly Lubel
Independent Director6.8yrsUS$334.45k0.034%
$ 1.8m
E. Abraham
Independent Director11.7yrsUS$325.00k0.045%
$ 2.4m
S. Edwards
Lead Independent Director9.9yrsUS$338.30k0.046%
$ 2.4m
Paul Donahue
Independent Director2.4yrsUS$305.00k0.013%
$ 673.0k
Lawrence Ziemba
Independent Director1.4yrsUS$320.56k0.0083%
$ 438.1k
Damian Wilmot
Independent Director1.3yrsUS$277.92k0.0060%
$ 320.9k
George Ogden
Independent Director6.4yrsUS$305.00k0.034%
$ 1.8m
Georganne Hodges
Independent Director1.3yrsUS$277.92k0.0064%
$ 340.5k

4.4yrs

Average Tenure

63yo

Average Age

Experienced Board: PBF's board of directors are considered experienced (4.4 years average tenure).


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