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PBF Energy Announces Leadership Transition in 2025

Story Highlights
  • Thomas J. Nimbley will transition to non-executive Chairman of PBF Energy in July 2025.
  • Nimbley has been instrumental in PBF Energy’s growth into a major independent refiner.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PBF Energy Announces Leadership Transition in 2025

An announcement from PBF Energy ( (PBF) ) is now available.

On March 10, 2025, PBF Energy announced the transition of Thomas J. Nimbley from Executive Chairman to non-executive Chairman of the Board, effective July 1, 2025, following his retirement from the executive role on June 30, 2025. Nimbley, who has been pivotal in the company’s growth from a start-up to a major independent refiner, will continue to serve on the Board, assuming his re-election at the 2025 Annual Meeting of Stockholders. This transition reflects PBF Energy’s strategic leadership continuity and acknowledges Nimbley’s significant contributions to the company’s expansion and market positioning.

More about PBF Energy

PBF Energy Inc. is one of the largest independent refiners in North America, operating oil refineries and related facilities in California, Delaware, Louisiana, New Jersey, and Ohio. The company focuses on safe, reliable, and environmentally responsible operations, providing a rewarding workplace for employees, and delivering superior returns to investors. PBF Energy is also a 50% partner in the St. Bernard Renewables joint venture, which is dedicated to producing next-generation sustainable fuels.

YTD Price Performance: -23.19%

Average Trading Volume: 2,567,323

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.32B

For detailed information about PBF stock, go to TipRanks’ Stock Analysis page.

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