Business Context and Reporting Period
This Form 8-K Current Report was filed by Delek Logistics Partners, LP on June 9, 2022. The filing addresses corporate governance changes, specifically the appointment of Avigal Soreq to the Board of Directors of Delek Logistics GP, LLC (the General Partner) and his reappointment as President of the General Partner.
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 personnel appointments and does not contain financial performance data.
Material Changes
The primary material change reported is the appointment of Avigal Soreq. He rejoined the General Partner as President and was appointed to the Board of Directors of the General Partner. Concurrently, he was appointed to the Board of Directors of Delek US Holdings, Inc. Mr. Soreq previously served in various executive roles at the company between 2012 and 2021 before serving as CEO of El Al Israel Airlines.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies. Regarding compensation, the filing notes that Mr. Soreq will receive no additional compensation for his Board service beyond his existing compensation as President of the General Partner.
Investor Verification Checklist
- Verify the effective date of Avigal Soreq's appointment as President and Board member (June 9, 2022).
- Confirm that no additional compensation is being paid for the Board role beyond the President's salary.
- Review Mr. Soreq's prior tenure with the company (2012–2021) and his interim role at El Al Israel Airlines.
- Note that this filing does not contain financial results; refer to the most recent 10-Q or 10-K for financial metrics.