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...

Current Market Cap

$3.74B

Number of Employees

3.78K

Total Compensation

2019 - 2023

Trending up by 91.82% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Down by -10.00% last year

Bonus

Down by -16.58% last year

Other

Up by 348.78% last year

Year

2023

Total Compensation

$12.14M

Salary

$1.35M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$3.86M

Board Justification

The cash bonus is based on performance metrics including Adjusted EBITDA and ESG metrics, with a target opportunity of 150% of base salary.

Other

$921.02K

Board Justification

Other compensation includes retirement plan contributions and other benefits.

Restricted Stock

$6.01M(6.01M Restricted Stock and Performance Share Units)

Board Justification

The vested stock includes restricted stock and performance share units that vested in 2023, reflecting the company's performance over the vesting period.

Performance Metrics

Performance metrics include Adjusted EBITDA and ESG metrics for cash bonuses, and Total Shareholder Return (TSR) for long-term incentives.

SEC Filing

From March 15, 2024

Thomas Nimbley

Ex-CEO of PBF Energy

TN

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Born

January 1, 1974 - 50 years ago

Is Founder?

No

Tenure

10 years 6 months (Dec 2012 - Jul 2023)

Previous Experience

President of PBF Energy since 2015, first Chief Financial Officer until 2014, Executive Vice President, worked in private equity specializing in energy from 2001 to 2008, six years in banking.

View Holdings

Insider Holdings of Thomas Nimbley

PBF

$22.90M

-$4.15M (-15.35%)

Last Insider Trade

PBF

181,793 shares

PBF

Feb 14, 2024

Received