Business Context and Reporting Period
This Form 8-K Current Report was filed on April 16, 2026, by Delek US Holdings, Inc. and Delek Logistics Partners, LP. The filing addresses a leadership transition within the Company's refining operations effective April 20, 2026.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and personnel changes rather than financial performance.
Material Changes
- Appointment: Amber Russell was appointed as Executive Vice President, Refining, effective April 20, 2026.
- Departure: Joseph Israel departed from his positions as Executive Vice President, Refining and Renewables, and as an executive officer of Delek Logistics Partners, LP, effective April 20, 2026.
- Compensation: A separation agreement was executed with Mr. Israel, providing benefits under his Executive Employment Agreement and eighteen months of COBRA medical coverage.
Outlook, Risks, and Management Commentary
Ms. Russell brings nearly three decades of energy industry experience, including roles at bp Solutions and ExxonMobil. The separation agreement with Mr. Israel includes customary general release of claims and non-disparagement provisions. The Company issued a press release on April 20, 2026, regarding this transition, which is furnished as Exhibit 99.1.
Investor Verification Checklist
- Verify the effective date of the leadership transition (April 20, 2026).
- Review the separation agreement terms for Joseph Israel, specifically the COBRA coverage duration.
- Confirm Amber Russell's prior experience at bp Solutions and ExxonMobil.
- Check Exhibit 99.1 for the full text of the press release issued on April 20, 2026.