SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 5, 2019
DELEK LOGISTICS PARTNERS, LP
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
(Commission File Number)
7102 Commerce Way
(Address of principal executive offices)
Registrant's telephone number, including area code: (615) 771-6701
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 5, 2019, Delek Logistics Partners, LP (the “Partnership”) announced the selection of Mr. Assi Ginzburg, age 43, to be Chief Financial Officer of Delek Logistics GP, LLC, the general partner of the Partnership (the “General Partner”). The Board of Directors of the General Partner has approved the appointment of Mr. Ginzburg as Executive Vice President and Chief Financial Officer of the General Partner effective March 5, 2019. Mr. Ginzburg was also appointed to serve as the Chief Financial Officer of the General Partner’s parent company, Delek U.S. Holdings, Inc. (“Delek”). Mr. Ginzburg will succeed Mr. Kevin Kremke, who will remain with the company as an Executive Vice President and assist with the transition.
Mr. Ginzburg joined Delek in 2004 and has served in various executive roles, including as the General Partner’s and Delek’s Chief Financial Officer from January 2013 to June 2017 and a member of the Board of Directors and Executive Vice President of the General Partner since April 2012.
Item 9.01 Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 5, 2019
DELEK LOGISTICS PARTNERS, LP
By: Delek Logistics GP, LLC
its general partner
/s/ Assaf Ginzburg
Name: Assaf Ginzburg
Title: Executive Vice President and Chief Financial Officer
Delek US and Delek Logistics Announce Chief Financial Officer Transition
Brentwood, Tenn., March 5, 2019 – Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) and Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced the appointment of Mr. Assi Ginzburg to Executive Vice President and Chief Financial Officer of Delek US and Delek Logistics GP, LLC (“Delek Logistics GP”), the general partner of Delek Logistics, effective immediately. Mr. Ginzburg will succeed Mr. Kevin Kremke, who will remain with the company as an Executive Vice President and assist with the transition.
Mr. Ginzburg joined Delek US in 2004 and has served in various executive roles, including serving as Delek US and Delek Logistics GP’s Chief Financial Officer from January 2013 to June 2017 and as Delek US’ Executive Vice President, Strategic Planning since June 2017. Mr. Ginzburg also serves on the board of directors and as an executive officer of Delek Logistics GP, the general partner of Delek Logistics. Mr. Ginzburg has been a member of the Israel Institute of Certified Public Accountants since 2001.
Regarding the Chief Financial Officer transition, Uzi Yemin, Chairman, President
and Chief Executive Officer of Delek US and Chairman and Chief Executive Officer of Delek Logistics GP, the general partner of Delek Logistics, stated, “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.”
“Delek’s future is bright, and I am excited to have the opportunity to continue to partner with Uzi and the executive leadership team as we advance our growth strategy,” stated Mr. Ginzburg. “I look forward to leading the finance team and supporting our commitment to deliver long term shareholder value.”
About Delek US Holdings, Inc.
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, renewable fuels and convenience store retailing. The refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day. The logistics operations primarily consist of Delek Logistics Partners, LP. Delek US Holdings, Inc. and its affiliates own approximately 63% (including the 2 percent general partner interest) of Delek Logistics Partners, LP. Delek Logistics Partners, LP (NYSE: DKL) is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets. The convenience 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.
About Delek Logistics Partners, LP
Delek Logistics Partners, LP, headquartered in Brentwood, Tennessee, was formed by Delek US Holdings, Inc. (NYSE: DK) to own, operate, acquire and construct crude oil and refined products logistics and marketing assets.
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