Thomas J. Nimbley has served as our Chief Executive Officer since June 2010 and was our Executive Vice President, Chief Operating Officer from April 2010 through June 2010. Prior thereto, he served as a Principal for Nimbley Consultants LLC from June 2005 to March 2010, where he provided consulting services and assisted on the acquisition of two refineries. He previously served as Senior Vice President and head of Refining for Phillips Petroleum Company and subsequently Senior Vice President and head of Refining for ConocoPhillips domestic refining system (13 locations) following the merger of Phillips and Conoco. Before joining Phillips at the time of its acquisition of Tosco in September 2001, Mr. Nimbley served in various positions with Tosco Corporation and its subsidiaries starting in April 1993.
PBF Energy (NYSE: PBF) is a petroleum refiner and supplier of unbranded transportation fuels, heating oils, lubricants. petrochemical feedstocks, and other petroleum products founded in 2008 with headquarters in Parsippany, New Jersey. The company's four refineries include one in Chalmette, Louisiana, Toledo, Ohio, one at the Port of Paulsboro in Gibbstown, New Jersey, and the Delaware City Refinery in Delaware City. It produces a range of products including gasoline, ultra-low-sulfur diesel (ULSD), heating oil, jet fuel, lubricants, petrochemicals and asphalt. [1][2][3]
PBF was formed in 2008 as a joint venture by Petroplus Holdings and the private equity companies Blackstone Group and First Reserve, each committing $667 million in equity.[4] In September 2010 Petroplus announced plans to sell its 32.62 percent stake to its partners for $91 million as PBF acquired the Paulsboro refinery from Valero Energy.[5][6] PBF then acquired the Toledo refinery from Sunoco in December 2010 for approximately $400 million.[7] PBF went public in December 2012 with a $533 million initial public offering.[8] In 2015 they acquire the Chalmette, Louisiana refinery.[9]
