UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of Earliest Event Reported):  November 29, 2022
 
PBF LOGISTICS LP
(Exact Name of Registrant as Specified in its Charter)
 
Delaware
001-36446
35-2470286
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

One Sylvan Way, Second Floor
Parsippany, New Jersey 07054
(Address of the Principal Executive Offices)(Zip Code)
 
(973) 455-7500
(Registrant’s Telephone Number, including area code)
 
N/A
(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 CFR230.425)
 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-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 l3e-4(c) under the Exchange Act (17 CFR 240.13e‑4(c)) Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Units Representing Limited Partner Interests
PBFX
New York Stock Exchange

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 l3(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 November 29, 2022, PBF Logistics LP (the “Partnership”) issued a press release announcing the resignation of C. Erik Young, the Senior Vice President, Chief Financial Officer of PBF Logistics GP LLC (the “GP”), the general partner of the Partnership. Mr. Young also resigned as a director of the GP, and from all other positions with PBF Energy Inc. and its affiliates, effective as of December 20, 2022, in order pursue other professional opportunities. Mr. Young stated that his resignation is not the result of any disagreement with the GP, the Partnership or the Board of Directors.

Item 9.01.
Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit
No.
Description
   
Press Release dated November 29, 2022 announcing Departure of C. Erik Young
   
104
Cover Page Interactive Data File (formatted as Inline XBRL).

SIGNATURE
 
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.
 
 
PBF Logistics LP
     
 
By:
PBF Logistics GP LLC, its general partner
     
Date:   November 29, 2022
By:
/s/ Trecia M. Canty
   
Trecia M. Canty
Senior Vice President, General Counsel and Corporate Secretary
(Duly Authorized Officer)




Exhibit 99.1

 
 
PBF Energy and PBF Logistics Announce the Departure of Chief Financial Officer

PARSIPPANY, NJ – November 29, 2022 – PBF Energy Inc. (NYSE: PBF) and PBF Logistics LP (NYSE: PBFX) today announced that C. Erik Young, Chief Financial Officer, has resigned to pursue other professional opportunities.  Mr. Young’s resignation will be effective December 20, 2022.  A search for potential internal and external candidates to replace Mr. Young will be conducted.

Mr. Young enjoyed a twelve-year career at PBF and has served as the Company’s CFO since 2014. Among his many accomplishments during his tenure with the Company, Erik oversaw the build out of PBF’s financial organization and helped the Company successfully navigate the turmoil brought about the global Pandemic.

Tom Nimbley, PBF Energy’s and PBF Logistics’ Chairman and CEO, said, “On behalf of the Boards of Directors and management team, I would like to thank Erik for all of his contributions to PBF Energy and PBF Logistics.  Erik has been a valuable member of our team and we wish him all the best with his future endeavors.”

About PBF Energy
PBF Energy Inc. (NYSE: PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally responsible manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.

About PBF Logistics PBF Logistics LP (NYSE: PBFX), headquartered in Parsippany, New Jersey, is a fee-based, growth-oriented master limited partnership formed by PBF Energy to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets.

Forward-looking Statements
Statements in this press release relating to future plans, results, performance, expectations, achievements and the like are considered “forward-looking statements” (as that term is defined under the federal securities laws). These forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which may be beyond PBF Energy’s or PBF Logistics’ control, that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors and uncertainties that may cause actual results to differ include but are not limited to the risks disclosed in PBF Energy’s or PBF Logistics’ filings with the SEC. All forward-looking statements speak only as of the date hereof. Neither PBF Energy nor PBF Logistics undertakes any obligation to revise or update any forward-looking statements except as may be required by applicable law.

###
Contacts:                        
Colin Murray (investors)                                 
ir@pbfenergy.com
Tel: 973.455.7578                                 

Michael C. Karlovich (media)
mediarelations@pbfenergy.com
Tel: 973.455.8994