Company News

Delek US Holdings CFO Resigns

Morgan will stay through mid-May

BRENTWOOD, Tenn. -- Delek US Holdings Inc., a diversified energy company with assets in the petroleum refining, marketing and retail industries, today announced that Edward Morgan, vice president and chief financial officer, has submitted his resignation to the company. Morgan will remain with Delek US through May 11, 2009, to facilitate an orderly transition while the company searches for his permanent replacement.

Morgan joined the Company in 2002 and has served as the CFO of Delek US since April 2006. Morgan leaves the company on amicable terms in order to pursue other [image-nocss] career opportunities.

"During his seven years with Delek US, Ed has been instrumental in the growth of our company," said Uzi Yemin, president and chief executive officer of Delek US. "From our days as a startup, to the IPO, to the present, Ed has been a valued member of the team. We are grateful for his many contributions and wish him well."

Delek US Holdings is a diversified energy business focused on petroleum refining, marketing and supply of refined products, and retail marketing of fuel and general merchandise. The refining segment operates a high conversion, independent refinery, with a design crude distillation capacity of 60,000 barrels per day, in Tyler, Texas. The marketing and supply segment markets refined products through its terminals in Abilene, Texas, and San Angelo, Texas, as well as other third-party terminals. The retail segment markets gasoline, diesel and other refined petroleum products and convenience merchandise through a network of company-operated retail fuel and convenience stores, operated under the MAPCO Express, MAPCO Mart, East Coast, Discount Food Mart, Fast Food & Fuel and Favorite Markets brand names.

Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Foodservice

Opportunities Abound With Limited-Time Offers

For success, complement existing menu offerings, consider product availability and trends, and more, experts say

Snacks & Candy

How Convenience Stores Can Improve Meat Snack, Jerky Sales

Innovation, creative retailers help spark growth in the snack segment

Technology/Services

C-Stores Headed in the Right Direction With Rewards Programs

Convenience operators are working to catch up to the success of loyalty programs in other industries

Trending

More from our partners