PBF · PBF Energy Inc. · Executive Compensation

$76.48 -0.48 (-0.62%)

S&P 400 member Russell 2000 member Rebalance outlook locked

Market Cap

$8.73B

118.54M

Volume · Sep 30 3.22M Avg daily vol (3M) 3.32M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Karen B. Davis	Former SVP- Chief Financial Officer	$495,000	—	—	—	—	$68,621	$750,024
Karen Davis	CFO	$495,000	—	—	—	—	$68,621	$750,024

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew C. Lucey	President and Chief Executive Officer	$1,250,000	$890,000	$5,836,243	—	—	$98,744	$8,837,500
Matthew Lucey	CEO	$1,250,000	$890,000	$5,836,243	—	—	$98,744	$8,837,500
Karen Davis	CFO	$635,000	$690,000	$2,152,572	—	—	$39,506	$3,890,608
Karen B. Davis	SVP-Chief Financial Officer	$635,000	$690,000	$2,152,572	—	—	$39,506	$3,890,608
T. Paul Davis	SVP-Supply, Trading and Optimization	$607,500	$607,500	$1,987,701	—	—	$54,058	$3,734,274
Trecia M. Canty	SVP-General Counsel	$607,500	$607,500	$1,987,701	—	—	$48,058	$3,697,167
Thomas L. O’Connor	Former SVP-Commodity Risk & Strategy	$607,500	$607,500	$1,987,417	—	—	$43,058	$3,693,105
Thomas O'Connor	Former SVP-Commodity Risk & Strategy	$607,500	$607,500	$1,987,417	—	—	$43,058	$3,693,105

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Matthew C. Lucey	President and Chief Executive Officer	$990,000	$2,828,925	$7,836,098	—	—	$29,497	$12,240,872
Matthew Lucey	CEO	$990,000	$2,828,925	$7,836,098	—	—	$29,497	$12,240,872
Thomas J. Nimbley	Executive Chairman Former Chief Executive Officer	$1,350,000	$3,857,625	$6,012,812	—	—	$42,257	$12,183,709
Thomas Nimbley	CEO	$1,350,000	$3,857,625	$6,012,812	—	—	$42,257	$12,183,709
Karen B. Davis	SVP-Chief Financial Officer	$630,000	$3,000,225	$4,527,699	—	—	$271,644	$8,562,834
Karen Davis	CFO	$630,000	$3,000,225	$4,527,699	—	—	$271,644	$8,562,834
Trecia M. Canty	SVP- General Counsel	$602,500	$2,321,644	$1,987,417	—	—	$39,206	$5,390,007
T. Paul Davis	SVP-Supply, Trading and Optimization	$602,500	$2,321,644	$1,987,417	—	—	$34,706	$5,385,407
Thomas O'Connor	SVP-Commodity Risk and Strategy	$602,500	$2,321,644	$1,987,417	—	—	$28,206	$5,384,550
Thomas L. O’Connor	SVP-Commodity Risk and Strategy	$602,500	$2,321,644	$1,987,417	—	—	$28,206	$5,384,550

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Thomas Nimbley	CEO	$1,500,000	$4,624,500	$6,181,012	—	—	$205,225	$13,104,780
Thomas J. Nimbley	Executive Chairman Former Chief Executive Officer	$1,500,000	$4,624,500	$6,181,012	—	—	$205,225	$13,104,780
Matthew C. Lucey	President and Chief Executive Officer	$670,000	$2,231,610	$2,765,573	—	—	$161,244	$5,933,116
Matthew Lucey	CEO	$670,000	$2,231,610	$2,765,573	—	—	$161,244	$5,933,116
T. Paul Davis	SVP-Supply, Trading and Optimization	$553,750	$2,196,461	$2,389,735	—	—	$139,253	$5,462,624
Trecia M. Canty	SVP- General Counsel	$553,750	$2,196,461	$2,389,735	—	—	$128,253	$5,428,873
Thomas O'Connor	SVP-Commodity Risk and Strategy	$553,750	$2,196,461	$2,389,735	—	—	$128,253	$5,414,975
Thomas L. O’Connor	SVP-Commodity Risk and Strategy	$553,750	$2,196,461	$2,389,735	—	—	$128,253	$5,414,975
C. Erik Young	Former Senior Vice President, Chief Financial Officer	$562,159	$1,620,704	$189,750	—	—	$139,253	$2,743,126

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Thomas Nimbley	CEO	$1,416,667	$900,000	$2,798,091	$1,672,062	—	$161,750	$7,294,215
Thomas J. Nimbley	Executive Chairman Former Chief Executive Officer	$1,416,667	$900,000	$2,798,091	$1,672,062	—	$161,750	$7,294,215
Matthew C. Lucey	President and Chief Executive Officer	$650,000	$390,000	$1,292,789	$716,854	—	$121,913	$3,292,950
Matthew Lucey	CEO	$650,000	$390,000	$1,292,789	$716,854	—	$121,913	$3,292,950
C. Erik Young Senior Vice	President, Chief Financial Officer	$565,000	$339,000	$1,172,552	$660,864	—	$120,494	$2,948,653
C. Erik Young	Former Senior Vice President, Chief Financial Officer	$565,000	$339,000	$1,172,552	$660,864	—	$120,494	$2,948,653
T. Paul Davis	SVP-Supply, Trading and Optimization	$537,500	$322,500	$1,115,493	$622,823	—	$99,869	$2,805,356
Thomas L. O’Connor	SVP-Commodity Risk and Strategy	$537,500	$322,500	$1,115,493	$622,823	—	$107,619	$2,786,641
Thomas O'Connor	SVP-Commodity Risk and Strategy	$537,500	$322,500	$1,115,493	$622,823	—	$107,619	$2,786,641

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Thomas Nimbley	CEO	$875,000	—	$1,748,093	$1,589,097	—	$172,288	$4,938,526
Thomas J. Nimbley	Chief Executive Officer	$875,000	—	$1,748,093	$1,589,097	—	$172,288	$4,938,526
Matthew Lucey	—	$487,500	—	$782,662	$663,146	—	$136,575	$2,351,393
Matthew C. Lucey	President	$487,500	—	$782,662	$663,146	—	$136,575	$2,351,393
C. Erik Young	Former Senior Vice President, Chief Financial Officer	$423,750	—	$684,972	$585,599	—	$133,163	$2,037,814
C. Erik Young Senior Vice	President, Chief Financial Officer	$423,750	—	$684,972	$585,599	—	$133,163	$2,037,814
Thomas O'Connor	SVP-Commodity Risk and Strategy	$403,125	—	$630,594	$531,221	—	$120,100	$1,868,533
Thomas L. O’Connor	SVP-Commodity Risk and Strategy	$403,125	—	$630,594	$531,221	—	$120,100	$1,868,533
T. Paul Davis	SVP-Supply, Trading and Optimization	$403,125	—	$630,594	$531,221	—	$110,100	$1,868,269

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Thomas J. Nimbley	Chief Executive Officer	$1,500,000	$2,250,000	$2,869,994	$2,441,992	—	$197,563	$10,149,441
Thomas Nimbley	CEO	$1,500,000	$2,250,000	$2,869,994	$2,441,992	—	$197,563	$10,149,441
Matthew Lucey	—	$650,000	$975,000	$1,311,408	$990,391	—	$157,594	$4,444,925
Matthew C. Lucey	President	$650,000	$975,000	$1,311,408	$990,391	—	$157,594	$4,444,925
C. Erik Young	CFO	$565,000	$847,500	$1,145,473	$877,974	—	$143,128	$3,870,786
C. Erik Young Senior Vice	President, Chief Financial Officer	$565,000	$847,500	$1,145,473	$877,974	—	$143,128	$3,870,786
Thomas O'Connor	SVP-Commercial	$537,500	$806,250	$1,057,140	$789,633	—	$140,316	$3,608,965
Thomas L. O’Connor	SVP-Commercial	$537,500	$806,250	$1,057,140	$789,633	—	$140,316	$3,608,965
T. Paul Davis	President, Western Region	$537,500	$806,250	$1,057,140	$789,633	—	$100,566	$3,597,758

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Thomas J. Nimbley	Chief Executive Officer	$1,500,000	$4,000,000	$5,195,347	$4,310,908	—	$212,613	$15,761,505
Thomas Nimbley	CEO	$1,500,000	$4,000,000	$5,195,347	$4,310,908	—	$212,613	$15,761,505
Matthew C. Lucey	President	$608,333	$1,824,999	$2,478,627	$1,959,060	—	$171,619	$7,256,369
Matthew Lucey	—	$608,333	$1,824,999	$2,478,627	$1,959,060	—	$171,619	$7,256,369
C. Erik Young	CFO	$531,667	$1,595,001	$2,207,491	$1,760,118	—	$164,084	$6,429,906
Thomas O'Connor	SVP-Commercial	$506,250	$1,518,750	$2,064,992	$1,632,070	—	$152,528	$6,056,373
Thomas L. O’Connor	SVP-Commercial	$506,250	$1,518,750	$2,064,992	$1,632,070	—	$152,528	$6,056,373
T. Paul Davis	President Western Region	$506,250	$1,518,750	$2,064,992	$1,632,070	—	$108,022	$6,008,578

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Thomas Nimbley	CEO	$1,500,000	$2,460,000	$2,713,600	$1,502,000	—	$174,450	$8,918,838
Thomas J. Nimbley	Chief Executive Officer	$1,500,000	$2,460,000	$2,713,600	$1,502,000	—	$174,450	$8,918,838
Matthew Lucey	—	$600,000	$984,000	$1,891,850	$901,200	—	$154,475	$4,849,893
Matthew C. Lucey	President	$600,000	$984,000	$1,891,850	$901,200	—	$154,475	$4,849,893
C. Erik Young	CFO	$525,000	$861,000	$1,767,675	$826,100	—	$142,375	$4,320,145
Thomas O'Connor	SVP-Commercial	$500,000	$820,000	$1,696,000	$751,000	—	$139,150	$4,057,939
Thomas L. O’Connor	SVP-Commercial	$500,000	$820,000	$1,696,000	$751,000	—	$139,150	$4,057,939
T. Paul Davis	President Western Region	$500,000	$820,000	$979,250	$751,000	—	$72,813	$3,276,557

Executive changes

Person	Role	Change	Effective	Filed
Karen B. Davis	Chief Financial Officer	Retired	2025-10-01	2025-08-20
Steven Andriola	Chief Accounting Officer	Appointed	2025-10-01	2025-08-20
Karen B. Davis	non-independent director	Appointed	2025-10-01	2025-08-20
Joseph Marino	Senior Vice President, Chief Financial Officer	Appointed	2025-10-01	2025-08-20
Karen B. Davis	Senior Vice President, Chief Financial Officer and Chief Accounting Officer	Retired	2025-09-30	2025-08-20
Thomas J. Nimbley	non-executive Chairman of the Board	Appointed	2025-07-01	2025-03-12
Thomas J. Nimbley	Executive Chairman	Retired	2025-06-30	2025-03-12
Tom Nimbley	Executive Chairman of the Board of Directors	Appointed	2023-07-01	2023-05-04
Matthew C. Lucey	Board of Directors	Appointed	2023-07-01	2023-05-04
Matthew C. Lucey	President and Chief Executive Officer	Appointed	2023-07-01	2023-05-04
Matthew Lucey	member of the Board of Directors	Appointed	2023-07-01	2023-05-04
Thomas Nimbley	Executive Chairman of the Board	Appointed	2023-07-01	2023-05-04
Matthew Lucey	President and Chief Executive Officer	Appointed	2023-07-01	2023-05-04
John Barone	Controller and Principal Accounting Officer	Resigned	2023-05-11	2023-04-18
Damian W. Wilmot	independent directors	Appointed	2023-03-15	2023-03-14
Georganne Hodges	independent directors	Appointed	2023-03-15	2023-03-14
Karen B. Davis	Senior Vice President, Chief Financial Officer	Appointed	2023-02-20	2023-02-16
Lawrence Ziemba	independent director	Appointed	2023-01-01	2022-12-21
Karen B. Davis	interim Chief Financial Officer	Appointed	2023-01-01	2022-12-21
Karen B. Davis	independent director and Chairperson of the Audit Committee of the Board of Directors	Resigned	2022-12-31	2022-12-21
Karen B. Davis	director	Resigned	2022-12-31	2022-12-07
Karen B. Davis	Interim Chief Financial Officer	Appointed	2023-01-01	2022-12-07
Robert Lavinia	independent director and a member of the Health, Safety and Environment Committee of the Board of Directors	Retired	2022-12-31	2022-11-29
C. Erik Young	Senior Vice President, Chief Financial Officer	Resigned	2022-12-20	2022-11-29

Key facts CIK 1534504 CUSIP 69318G106 13F (30d) 9 filings 9 filers Visit website Investor relations