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PBF Energy Appoints Joseph Marino as New CFO, Karen B. Davis to Retire
ByAinvest
Tuesday, Aug 19, 2025 4:26 pm ET1min read
PBF Energy has announced the appointment of Joseph Marino as its new chief financial officer, effective October 1, 2025. Current CFO Karen B. Davis will retire as an executive on the same date and rejoin the Board. Marino will succeed Davis in leading the company's financial strategy and operations.
PBF Energy Inc. (NYSE: PBF) has announced the appointment of Joseph Marino as its new Chief Financial Officer (CFO), effective October 1, 2025. The current CFO, Karen B. Davis, will retire as an executive on the same date and rejoin the Board of Directors, where she previously served from January 1, 2020, through December 31, 2022 [1][2][3][4].Marino, 46, has been with PBF since 2011, holding various finance and accounting roles. He has served as PBF's Treasurer since 2020 and previously held the position of Assistant Controller from 2015 to 2020. Before joining PBF, Marino worked at Ernst & Young LLP, where he represented large public and private corporations in the oil and gas industry and other sectors [1][2][3][4].
The appointment of Marino follows a period of significant leadership transition and financial restructuring at PBF. The company has been focusing on the full restart of its Martinez refinery following a February 2025 fire, as well as advancing a $350M cost savings program [4].
Matt Lucey, CEO of PBF Energy, thanked Davis for her exceptional leadership and dedication to the company. He expressed confidence in Marino's ability to lead the company's financial strategy and operations, stating that Marino's expertise will be instrumental in advancing PBF's financial initiatives [4].
The appointment of Marino is part of PBF's ongoing efforts to strengthen its financial team and position itself for future growth and profitability. The company's mission is to operate its facilities in a safe, reliable, and environmentally responsible manner, providing superior returns to its investors [4].
References:
[1] https://www.stocktitan.net/news/PBF/pbf-energy-announces-joseph-marino-to-become-chief-financial-officer-wpmisarnndoi.html
[2] https://seekingalpha.com/news/4487214-pbf-energy-appoints-joseph-marino-as-cfo
[3] https://www.tipranks.com/news/the-fly/pbf-energy-promotes-joseph-marino-to-cfo-thefly
[4] https://www.marketscreener.com/news/pbf-energy-announces-joseph-marino-to-become-chief-financial-officer-upon-retirement-of-karen-b-davis-ce7c51dddf8ff525
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