Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Matthew Lucey earned $7.36M in total compensation at PBF Energy, including $990.00K salary, $2.83M bonus and $2.99M in stock. Most recently acquired 83,854 shares in Dec 2024. Currently holds stock worth $15.35M. Has donated $233.66K in stock to charitable causes. 2+ years at the helm of PBF Energy.

Compensation History

Annual executive compensation data for Matthew Lucey, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$7.36M

Salary

$990.00K

Bonus

$2.83M

Other

$556.35K

Salary

$990.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with stockholder interests, and ensuring competitive compensation to attract and retain talent.

Bonus

$2.83M

Board Justification

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

Other Compensation

$556.35K

Board Justification

Includes various benefits such as 401(k) matching contributions, medical benefits, and other standard benefits.

Restricted Stock

$2.99M67.99K Restricted Stock

Board Justification

Restricted stock that vests in three equal installments beginning on the first anniversary of the grant date.

Performance Metrics

Performance metrics include Adjusted EBITDA and ESG metrics, which are critical for determining annual cash bonuses.

P

Matthew Lucey

CEO of PBF Energy

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Energy

Born

January 1, 1974 - 51 years ago

CEO of PBF Energy for

2 years 5 months (Jul 2023 - Present)

Previous Experience

President of the Company 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.

Holdings

Track Matthew Lucey's stock holdings and portfolio value over time.

Charitable Transactions

PBF

7,000 shares

PBF

Recent Charitable Transactions

PBF

7,000 shares

PBF

Dec 19, 2023

Charity

Insider Trading

Matthew Lucey's recent stock transactions, purchases, and sales filed with the SEC.

PBF

83,854 shares

PBF

Dec 16, 2024

Received

PBF

75,895 shares

PBF

Feb 14, 2024

Received

PBF

7,000 shares

PBF

Dec 19, 2023

Charity

PBF

67,992 shares

PBF

Oct 27, 2023

Received

PBF

27,706 shares

PBF

Dec 2, 2022

Received

PBF

24,073 shares

PBF

Nov 30, 2022

Received

PBF

14,835 shares

PBF

Feb 14, 2022

Received

PBF

14,416 shares

PBF

Mar 1, 2021

Received

PBF

55,000 shares

PBF

Oct 30, 2017

Received

PBF

55,000 shares

PBF

Oct 25, 2016

Received

Rivals

Compare Matthew Lucey with competitor CEOs and industry peers.