BRENTWOOD, Tenn. -- Delek US Holdings Inc. and Delek Logistics Partners LP appointed Assi Ginzburg chief financial officer of both companies. Ginzburg previously was an executive vice president for both companies. He succeeds Mark Cox, who will continue to serve as an executive vice president of both companies through March 31, 2013, to ensure a smooth transition.
“Assi has demonstrated significant leadership capabilities and played an instrumental role in contributing to our company’s growth and strategic vision for nearly a decade. His intimate knowledge of our operations and financial processes makes him a natural choice to assume additional responsibilities as our chief financial officer,” said Uzi Yemin, chairman and CEO of Delek US and the general partner of Delek Logistics. “I’d also like to thank Mark Cox for his contribution to our company’s success over the last several years. We wish him much success in his future endeavors.”
Ginzburg has been with Delek US since 2004 and Delek Logistics since its inception in 2012, working in a variety of senior management and financial roles. He also serves as a member of the board of directors of the general partner of Delek Logistics. He also has been a member of the Israel Institute of Certified Public Accountants since 2001.
“We have significantly transformed and diversified our businesses over the last few years, while simultaneously delivering exceptional value to our investors,” Ginzburg said. “We remain intently focused on continuing to improve our business and financial flexibility, and I look forward to the challenge of taking on these new responsibilities and helping our businesses continue to grow.”
Delek US Holdings Inc., Brentwood, Tenn., is a diversified downstream energy company with assets in petroleum refining, convenience store retailing and logistics. The retail segment supplies fuels and merchandise through a network of approximately 372 company-operated convenience store locations operated under the MAPCO Express, MAPCO Mart, East Coast, Fast Food and Fuel, Favorite Markets, Delta Express and Discount Food Mart brand names.
Delek Logistics Partners LP was formed by Delek US Holdings Inc. to own, operate, acquire and construct crude oil and refined products logistics and marketing assets.