Matthew C. Lucey
President and Chief Executive Officer
Executive
6 yr
5 reports
PBF Energy Inc. ·PBF
Lean C-suite with refinery operations centralized under one SVP
Energy · Fortune #135 · Divisional structure · 4K employees · Parsippany, NJ
4
CEO span
↓ tighter than peers (avg 10)
2.5
Avg span
tight
3
Max depth
3 levels
7 yr
Avg tenure
50%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$29.3B
Operating income
$-54300000
Net income
$-158500000
Total assets
$13.0B
Sourced from PBF Energy Inc. DEF 14A · filed 2026-03-17 ↗ View on SEC
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PBF Energy Inc. organizational chart
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Lean C-suite with refinery operations centralized under one SVP. This page maps PBF Energy’s divisional leadership structure, executive team, recent CFO transition, and how its flat model compares with other U.S. independent 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 Joseph Marino moved into Senior Vice President & Chief Financial Officer
Promoted effective October 1, 2025 following CFO retirement.
Source · See change logScenario views in the chart
- Add Chief Operating Officer Introduce a COO to reduce the CEO’s direct operational span and add redundancy.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Michael Bukowski
Senior Vice President, Head of Refining
Refining Operations
2 yr
0 reports
internal
Joseph Marino
Senior Vice President & Chief Financial Officer
Finance
1 yr
1 reports
T. Paul Davis
Senior Vice President, Supply, Trading and Optimization
Supply & Trading
9 yr
0 reports
Trecia M. Canty
Senior Vice President, General Counsel & Secretary
Legal
10 yr
0 reports
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 disclosed but multiples not specified.
The businesses
How PBF Energy Inc. divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Refining Operations
2K employees
SVP, Head of Refining (Michael Bukowski)
Manages all refinery assets and day-to-day operations across PBF’s refining portfolio.
$29.3B rev FY2025
Supply, Trading & Optimization
400 employees
SVP, Supply, Trading and Optimization (T. Paul Davis)
Oversees crude sourcing, product placement, trading, and optimization activities.
Finance
300 employees
SVP & CFO (Joseph Marino)
Responsible for financial reporting, treasury, accounting, and capital structure.
The thesis
Why this org is unusual
PBF Energy operates with a notably lean executive team for a Fortune 500 refiner, with refinery operations consolidated under a single SVP.
Unlike peers that allocate separate presidents per major asset or region, PBF centralizes operational authority, keeping the CEO’s span of control tight.
The structure emphasizes divisional execution—Refining, Supply & Trading, and Logistics—while maintaining functional discipline through finance and legal. This keeps decision layers shallow, with only four levels from CEO to plant-level leadership.
The absence of a COO and the reliance on long-tenured SVPs reflects PBF’s preference for experienced operators over layered corporate oversight, a common trait among independent refiners.
- No COO role
- Refining centralized under one SVP
The comparison
How PBF Energy Inc. stacks up
Compared with peers such as Valero and Marathon Petroleum, PBF Energy’s C-suite is smaller and flatter. Larger refiners often include COOs or regional presidents, increasing depth and CEO span. PBF’s model more closely resembles CVR Energy’s lean structure, though PBF centralizes refining more aggressively.
C-suite size
Reporting depth
PBF Energy Inc.
3 levels
5 levels
5 levels
5 levels
4 levels
CVR Energy
4 levels
Avg C-suite tenure
PBF Energy Inc.
7 yr
6 yr
6 yr
5 yr
CVR Energy
8 yr
Has COO / Has CAIO
PBF Energy Inc. — no COO — no CAIO
CVR Energy — no COO — no CAIO
Current signals
What changed recently
The most significant recent change was the internal promotion of Joseph Marino to CFO following Karen Davis’s retirement in late 2025.
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-17
- CEO
- Matthew C. Lucey
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 7 yr
Internal CFO succession finalized late in the year.
Named executive officers (4)
- Matthew C. Lucey - CEO since 2019
- Joseph Marino - CFO since 2025
- T. Paul Davis - SVP Supply & Trading since 2014
- Trecia M. Canty - SVP General Counsel since 2015
Frequently Asked Questions
Who is the CEO of PBF Energy?
Matthew C. Lucey has served as President and CEO since 2019.
What type of organizational structure does PBF Energy use?
PBF Energy uses a divisional structure centered on refining and supply operations.
How many direct reports does PBF Energy's CEO have?
The CEO currently has four direct executive reports.
How has PBF Energy's leadership changed recently?
In late 2025, Joseph Marino was promoted to CFO following the retirement of Karen Davis.
Does PBF Energy have a COO?
No, PBF Energy does not maintain a Chief Operating Officer role.
Sources
- Form 8-K, Aug 2025
- SEC EDGAR: PBF Energy Inc. DEF 14A Proxy Statement
- SEC EDGAR: PBF Energy 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). PBF Energy Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/pbf-energy/MLA 9th
"PBF Energy Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/pbf-energy/. Accessed .Chicago 17
Creately. "PBF Energy Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/pbf-energy/.Original SEC source View on SEC ↗
PBF Energy Inc.. DEF 14A. Filed 2026-03-17. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1534504/000114036126009843/ny20062686x1_def14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/pbf-energy/ · last updated 2026-04-01