Business Context and Reporting Period
This Form 8-K Current Report was filed by Delek Logistics Partners, LP on May 25, 2018, covering events occurring on May 21, 2018. The filing primarily addresses a senior management appointment within the Partnership's general partner, Delek Logistics GP, LLC.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure and does not contain financial statement data.
Material Changes
The material change reported is the appointment of Regina Bynote Jones as Executive Vice President, General Counsel, and Secretary of Delek Logistics GP, LLC, effective May 21, 2018. Ms. Jones brings over 20 years of energy sector experience, including previous roles at Schlumberger, Ltd., Shell Services International, Dynegy Inc., and El Paso Corporation.
Guidance, Outlook, and Management Commentary
There is no financial guidance, outlook, or management commentary regarding future performance in this filing. Regarding compensation, the filing notes that Ms. Jones will be an employee of Delek US Holdings, Inc. and will not receive compensation from the Partnership or the Company at this time. The filing includes a Regulation FD disclosure referencing a press release issued on May 25, 2018.
Investor Verification Checklist
- Verify the effective date of Regina Bynote Jones's appointment (May 21, 2018).
- Confirm that Ms. Jones is not currently receiving compensation from the Partnership or its general partner.
- Review the attached press release (Exhibit 99.1) for additional details on the appointment.
- Note that this filing does not contain updated financial results or guidance.