Thomas Nimbley is the former CEO and current Executive Chairman of PBF Energy, a major player in the refining industry. He has been with the company since its initial public offering in 2012, steering it through various market challenges, including...
Thomas Nimbley is the former CEO and current Executive Chairman of PBF Energy, a major player in the refining industry. He has been with the company since its initial public offering in 2012, steering it through various market challenges, including the significant impacts of COVID-19. Under his leadership, PBF has focused on adding value through operational efficiency and strategic decision-making. In 2023, he transitioned to the role of Executive Chairman, allowing the company to bring in new leadership while maintaining his strategic influence. Interestingly, Nimbley was awarded a base salary of $1.5 million with bonus potential tied to performance metrics, reflecting a strong emphasis on aligning executive pay with company performance. His tenure has seen fluctuations in his compensation, but he has consistently led PBF through financial ups and downs. He also actively engaged in insider trading, with substantial trading values recorded in the millions, showcasing a personal investment in the company’s success.