Avigal Soreq is the CEO of Delek US Holdings, Inc., a major player in the energy sector. He graduated as a Certified Public Accountant in Israel and has a solid background in finance. Since taking over in 2022, Avigal has...

Number of Employees

3.59K

Year

2023

Total Compensation

$3.00M

Salary

$900.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and market benchmarks.

Bonus

$1.95M

Board Justification

The bonus is based on the 2023 AIP performance metrics, achieving 158% of target due to exceeding Adjusted EBITDA thresholds and other performance metrics.

Other

$152.10K

Board Justification

Other compensation includes benefits such as health insurance premiums, tax preparation reimbursements, and auto expenses.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2023 as the focus was on performance-based stock units (PSUs) which have not yet vested.

Performance Metrics

Key performance metrics include Adjusted EBITDA, safety metrics, and environmental performance.

SEC Filing

From March 22, 2024