Delek US Holdings Expands Its Management Group; Including Mark Hobbs as EVP, Company Growth

BRENTWOOD, Tenn., Sept. 6, 2022 /PRNewswire/ — Delek US Holdings, Inc. ( NYSE:DK) (“Delek US” or the “Firm”) right now introduced that Mark Hobbs will be part of Delek within the upcoming weeks to fill the position of Government Vice President, Company Growth. In his new position, Mr. Hobbs will work intently with Delek’s administration workforce to guide the Firm’s company growth features. He’ll contribute to the Firm’s efforts of bringing the “sum of the elements” valuation to fruition, together with figuring out progress alternatives in each present and new markets.

Mr. Hobbs is an skilled funding banker with over 28 years of vitality business expertise, main and collaborating in strategic advisory engagements throughout the downstream sector. He brings deep sector information with experience in downstream, midstream, oilfield companies and renewables.

“Mark is a dynamic and confirmed strategic chief who’s uniquely certified for this position. He brings a priceless mixture of expertise and expertise to our workforce with confirmed monetary experience and intensive information of our business,” Delek US President and CEO Avigal Soreq stated. “I stay up for partnering with Mark to speed up the Firm’s progress technique. He shall be instrumental in serving to us unlock the “sum of the elements” worth of Delek’s present enterprise whereas figuring out progress alternatives to reinforce the Firm’s scale and diversified income streams, together with the choice vitality markets.”

Mr. Hobbs joins Delek US from Citigroup, the place he spent the previous 11-years as a Managing Director, main protection efforts throughout the worldwide downstream sector, together with renewable fuels. He has labored intently with worldwide oil firms, nationwide oil firms and impartial refiners advising on each strategic and capital elevating transactions. Previous to Citigroup, Mr. Hobbs labored for different international monetary establishments in management roles in each Houston and London. He holds a Grasp of Enterprise Administration from Columbia Enterprise Faculty and a Bachelor of Enterprise Administration from the College of Texas at Austin.

“I’m excited to hitch the Delek workforce,” stated Mr. Hobbs. “The Firm has super momentum and is well-positioned for substantial progress with glorious alternatives in entrance of it. I stay up for working with the workforce to activate methods that may allow Delek to develop sooner or later.”

About Delek US Holdings, Inc.

Delek US Holdings, Inc. is a diversified downstream vitality firm with belongings in petroleum refining, logistics, asphalt, renewable fuels and comfort retailer retailing.  The refining belongings include refineries operated in Tyler and Large Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a mixed nameplate crude throughput capability of 302,000 barrels per day.

The logistics operations include Delek Logistics. Delek US and its associates additionally personal the final companion and an approximate 80 % restricted companion curiosity in Delek Logistics. Delek Logistics is a growth-oriented grasp restricted partnership centered on proudly owning and working midstream vitality infrastructure belongings.

The comfort retailer retail enterprise operates roughly 250 comfort shops in central and west Texas and New Mexico.

SOURCE Delek US Holdings, Inc.

Delek US Holdings Expands Its Management Group; Including Mark Hobbs as EVP, Company Growth

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