PBF Logistics LP (NYSE: PBFX) announced today the appointment of Charles Erik Young to the Board of Directors of its general partner, PBF Logistics GP LLC, effective October 27, 2016. Mr. Young has served as the Senior Vice President and Chief Financial Officer of PBF Energy Inc. and PBFX GP since April 2014.
"Erik's appointment to the PBFX GP Board reflects his significant contributions to the growth and success of the Partnership since its initial public offering in 2014, which has included four successful dropdowns, the most recent of which was the 50% interest in Torrance Valley Pipeline Company LLC," said PBF Energy and PBF Logistics Chairman and CEO Thomas Nimbley. "He has demonstrated financial and business leadership for the Partnership and will be a valuable asset to the PBFX GP Board, bringing significant corporate finance experience, from strategic planning to mergers and acquisitions across a variety of industries and end markets."
About PBF Logistics LP
PBF Logistics LP (NYSE: PBFX), headquartered in Parsippany, New Jersey, is a fee-based, growth-oriented master limited partnership formed by PBF Energy Inc. to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets.