Delek US Holdings Inc., a diversified energy company with assets in the petroleum refining, logistics and retail industries, announced the resignation of Gabriel Last and Asaf Bartfeld from its board of directors effective Dec. 31, 2013.
Last, chairman of the board of directors of Delek Group Ltd. and Bartfeld, president and CEO of Delek Group, have served as directors of the company since January 2002. With the reduction of Delek Group’s beneficial ownership in the company over the past two years, both Messrs. Last and Bartfeld have elected to end their representation on the company’s board of directors.
“I appreciate the support and guidance that Gabriel and Asaf have provided to the company. Their contributions have been important to the significant growth we have achieved since our inception. On behalf of the entire board, I want to thank them for their service and leadership that benefited our shareholders, employees and customers during this time,” said Uzi Yemin, chairman, president and CEO of Delek US Holdings.
Delek US Holdings Inc. is a diversified downstream energy company with assets in petroleum refining, logistics and convenience store retailing. The refining segment consists of refineries operated in Tyler, Texas and El Dorado, Arkansas with a combined nameplate production capacity of 140,000 barrels per day. Delek US Holdings Inc. and its affiliates also own approximately 62% of Delek Logistics Partners LP. Delek Logistics Partners is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets. The retail segment markets motor fuel and convenience merchandise through a network of approximately 362 company-operated convenience store locations operated under the MAPCO Express, MAPCO Mart, East Coast, Fast Food and Fuel, Favorite Markets, Delta Express and Discount Food Mart brand names.