PBF Energy Inc. announced that Karen B. Davis will assume the role of Chief Financial Officer, on an interim basis, of PBF Energy Inc., effective January 1, 2023. Ms. Davis previously served as Executive Vice President and Chief Financial Officer of Western Refining Inc. and its affiliated entities, Western Refining Logistics LP and Northern Tier Energy, LP through May 2017. During her career, she has served in various chief financial officer and financial reporting officer positions with various public and private companies throughout the United States.

Ms. Davis has served as an independent director of PBF Energy since January 1, 2020 and the Chairperson of the Audit Committee since October 1, 2020. From 2017 through 2019, she served as a director of PBF Logistics LP, where she was a member of the Audit and the Conflicts Committees. In connection with the assumption of the duties of Interim Chief Financial Officer, Ms. Davis will step down from the Board of Directors of PBF Energy Inc.