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Delek U.S. Names New CFO

Chief financial officer also fills role at Delek Logistics GP
Photograph: Shutterstock

BRENTWOOD, Tenn. — Delek U.S. Holdings Inc. and Delek Logistics Partners LP have appointed Assi Ginzburg to the position of executive vice president and chief financial officer of Delek U.S. and Delek Logistics GP LLC, the general partner of Delek Logistics, effective immediately. Ginzburg will succeed Kevin Kremke, who will remain with the company as an executive vice president and assist with the transition.

Ginzburg joined Delek U.S. in 2004 and has filled various executive roles, including Delek U.S. and Delek Logistics GP’s CFO from January 2013 to June 2017 and as Delek U.S.’s executive vice president of strategic planning since June 2017. Ginzburg also serves on the board of directors and as an executive officer of Delek Logistics GP.

Kremke has been CFO since June 2017.

“I appreciate the work accomplished by Kevin during his tenure leading our finance department and want to thank him for his contributions to the organization. I am pleased that Assi has agreed to serve again as chief financial officer. Assi and I have worked closely together for many years and he has been an integral part of Delek’s success,” said Uzi Yemin, chairman, president and CEO of Delek U.S. and chairman and CEO of Delek Logistics GP.

Brentwood, Tenn.-based Delek U.S. Holdings is a diversified downstream energy company with assets in petroleum refining, logistics, renewable fuels and convenience-store retailing. The refining assets consist of refineries in Tyler and Big Spring, Texas; El Dorado, Ark.; and Krotz Springs, La. Delek U.S. Holdings and its affiliates own approximately 63% (including the 2% general partner interest) of Delek Logistics Partners LP. The c-store retail business is the largest 7-Eleven licensee in the United States and operates approximately 280 convenience stores in central and west Texas and New Mexico, although Delek U.S. and Irving, Texas-based 7-Eleven Inc. agreed in late February to exit the c-store licensing agreement.

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