Delek US Holdings, Inc. ·DK

Refining EVP turnover highlights enterprise-led operating model

Energy · Fortune #336 · Hybrid structure · 2K employees · Brentwood, Tennessee

View as of:
7
CEO span
↓ tighter than peers (avg 10)
1.8
Avg span
tight
3
Max depth
3 levels
3.7 yr
Avg tenure
stable vs FY2024
43%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$10.7B
Operating income
$301M
Net income
$-22800000
Total assets
$6.8B
Shares out
60M

Sourced from Delek US Holdings, Inc. DEF 14A · filed 2026-03-10 ↗ View on SEC

Interactive org chart

Delek US Holdings, Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Refining leadership reports directly to the CEO, highlighting Delek US Holdings’ centralized enterprise structure. This page maps the executive org chart, recent leadership changes, and compares Delek’s unusually flat model with peer refiners.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Amber Russell joined as Executive Vice President, Refining

Appointed effective April 20, 2026, following board-approved leadership transition.

Source · See change log

Scenario views in the chart

  • Add Chief Operating Officer Introduce a COO to consolidate refining and operations oversight and reduce CEO span.

Atlas work this supports

  • Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
  • Connect Salesforce Map your target accounts like this. Import contacts, visualize decision chains, plan multi-threading.
  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

Avigal Soreq

President and Chief Executive Officer

Executive

4 yr

10 reports

Amber Russell

Executive Vice President, Refining

Refining

0 yr

1 reports

Mark Hobbs

Executive Vice President & Chief Financial Officer

Finance

3 yr

2 reports

internal

Reuven Spiegel

Executive Vice President, Special Projects

Strategy

6 yr

1 reports

Denise McWatters

Executive Vice President, General Counsel & Corporate Secretary

Legal

4 yr

1 reports

internal

Robert Wright

Executive Vice President & Deputy Chief Financial Officer

Finance

5 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

Avigal Soreq $7.7M
Base salary
$900K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements

Stock ownership guidelines are described but not expressed as fixed multiples.

HolderShares% of class
Avigal Soreq 261K<1%

The businesses

How Delek US Holdings, Inc. divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Refining

1K employees

EVP, Refining (Amber Russell)

Operates Delek’s core refining assets and production facilities.

Finance

150 employees

EVP & CFO (Mark Hobbs)

Manages financial reporting, capital structure, and investor relations.

Legal & Compliance

40 employees

EVP, General Counsel (Denise McWatters)

Oversees legal affairs, governance, and regulatory compliance.

The thesis

Why this org is unusual

The most distinctive feature of Delek US Holdings’ structure is its enterprise-centered CEO span that directly oversees both operating and financial leadership.

The CEO has seven direct reports spanning refining, finance, legal, and special projects, rather than delegating through a strong COO layer. This creates a relatively flat structure for a Fortune 500 refiner.

The April 2026 replacement of the EVP of Refining underscores how critical this role is in the enterprise model. Refining remains the operational core, yet it reports directly to the CEO alongside finance and legal, reinforcing centralized control. Strategy and enterprise optimization are also elevated, reflecting recent cost and asset-realignment initiatives.

Overall, the structure balances functional leadership with business-critical operating roles, but remains dependent on CEO bandwidth due to the absence of an intermediary operating executive.

  • No COO role despite enterprise scale
  • Refining EVP reports directly to CEO
  • Strategy elevated to EVP level

The comparison

How Delek US Holdings, Inc. stacks up

Compared with similarly sized U.S. refiners, Delek US Holdings operates with a flatter executive structure and fewer C-suite roles. Peers often include a COO or separate presidents for refining and logistics, while Delek concentrates authority under the CEO. This reduces layers but increases reliance on direct CEO …

C-suite size

Reporting depth

Delek US Holdings, Inc.
3 levels
4 levels
4 levels

Avg C-suite tenure

Delek US Holdings, Inc.
4 yr

Has COO / Has CAIO

Delek US Holdings, Inc. — no COO — no CAIO
HF Sinclair ✓ COO — no CAIO
PBF Energy ✓ COO — no CAIO
Valero Energy ✓ COO — no CAIO
Marathon Petroleum ✓ COO — no CAIO

Current signals

What changed recently

The most significant recent change was the April 2026 replacement of the EVP of Refining.

  • new
    Amber Russell Executive Vice President, Refining

    Appointed effective April 20, 2026, following board-approved leadership transition.

    Source
  • departed
    Joseph Israel Executive Vice President, Refining and Renewables

    Departed effective April 20, 2026, with separation agreement executed.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-03-10
CEO
Avigal Soreq
CEO span
6
C-suite
6
Avg tenure
3.5 yr

Refining and renewables were combined under a single EVP.

Named executive officers (5)
  • Avigal Soreq - CEO since 2022
  • Mark Hobbs - CFO since 2023
  • Joseph Israel - EVP Refining since 2023
  • Denise McWatters - EVP Legal since 2022
  • Reuven Spiegel - EVP Special Projects since 2020
FY2024
DEF 14A filed 2025-03-11
CEO
Avigal Soreq
CEO span
6
C-suite
6
Avg tenure
3.2 yr

Leadership stable with enterprise optimization focus emerging.

FY2023
DEF 14A filed 2024-03-12
CEO
Avigal Soreq
CEO span
6
C-suite
6
Avg tenure
2.8 yr

Early phase of Soreq-led enterprise restructuring.

Year-over-year changes

FY2024 → FY2025

Leadership titles expanded while overall structure remained stable.

  • CEO span: 6 → 6
  • C-suite size: 6 → 6
  • Avg tenure: 3.2 → 3.5 yr
  • retitled Joseph Israel - EVP, Refining and Renewables (was EVP, Refining) (DEF 14A, Mar 2026)

The board

Board of directors

2 directors. 1 of 2 independent (50%). Source: most recent DEF 14A.

Ezra Uzi Yemin

Chair Inside

Chairman, Delek Group

William J. Finnerty

Lead Indep. Independent

The board, organized

Board committees

1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit Committee

100% independent 16 mtgs/yr

    Frequently Asked Questions

    Who is the CEO of Delek US Holdings?

    Avigal Soreq has served as President and CEO since 2022.

    What type of organizational structure does Delek US Holdings use?

    Delek uses a hybrid enterprise structure with centralized CEO oversight of major functions.

    How many direct reports does Delek US Holdings' CEO have?

    The CEO has seven direct executive reports.

    How has Delek US Holdings' leadership changed recently?

    In April 2026, Amber Russell was appointed EVP of Refining, replacing Joseph Israel.

    Does Delek US Holdings have a COO?

    No, Delek does not have a COO; major functions report directly to the CEO.

    Sources

    • 8-K Filing, Apr 20 2026
    • SEC EDGAR: Delek US Holdings, Inc. DEF 14A Proxy Statement
    • SEC EDGAR: Delek US Holdings, Inc. 10-K Annual Report

    Reference

    Cite this page

    If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

    APA 7th
    Creately. (2026). Delek US Holdings, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/delek-us-holdings/
    MLA 9th
    "Delek US Holdings, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/delek-us-holdings/. Accessed .
    Chicago 17
    Creately. "Delek US Holdings, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/delek-us-holdings/.
    Original SEC source View on SEC ↗
    Delek US Holdings, Inc.. DEF 14A. Filed 2026-03-10. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1694426/000114036126008842/ny20062838x1_def14a.htm

    Permanent URL: https://creately.com/org-chart/fortune-500/delek-us-holdings/ · last updated 2026-04-01

    Turn this benchmark into your Atlas workspace. Import your own people data, compare spans and layers, and test scenario plans before changing the live org.