In 2023, Thomas Nimbley earned $12.14M in total compensation at PBF Energy, including $1.35M salary, $3.86M bonus and $6.01M in stock. Most recently acquired 66,451 shares in Dec 2024. Currently holds stock worth $26.39M. Led PBF Energy as CEO for 10 years.
Compensation History
Annual executive compensation data for Thomas Nimbley, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$12.14M
Salary
$1.35M
Bonus
$3.86M
Other
$921.02K
Salary
$1.35MBoard Justification
The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.
Bonus
$3.86MBoard 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 Compensation
$921.02KBoard Justification
Other compensation includes retirement plan contributions and other benefits.
Restricted Stock
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.
Thomas Nimbley
Ex-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
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.
Other PBF Energy CEOs
Holdings
Track Thomas Nimbley's stock holdings and portfolio value over time.
Insider Trading
Thomas Nimbley's recent stock transactions, purchases, and sales filed with the SEC.
66,451 shares
PBF
Dec 16, 2024
Received
181,793 shares
PBF
Feb 14, 2024
Received
52,172 shares
PBF
Oct 27, 2023
Received
64,164 shares
PBF
Dec 2, 2022
Received
51,802 shares
PBF
Nov 30, 2022
Received
36,575 shares
PBF
Feb 14, 2022
Received
31,719 shares
PBF
Mar 1, 2021
Received
$296.20K
PBF at $5.92/share
Sep 28, 2020
Purchase
$950.40K
PBF at $23.76/share
Jun 14, 2019
Purchase
$750.75K
PBF at $30.03/share
Mar 11, 2019
Purchase
Rivals
Compare Thomas Nimbley with competitor CEOs and industry peers.
R. Lane Riggs
CEO of Valero Energy
2023 Compensation
Stock
$0.00
Salary
$1.43M
Bonus
$3.35M
Other
$179.80K
Total Holdings
$5.28M
Darren W. Woods
CEO of Exxon Mobil
2024 Compensation
Stock
$10.69M
Salary
$1.97M
Bonus
$4.55M
Other
$396.89K
Total Holdings
$421.98M
Avigal Soreq
CEO of Delek US Holdings
2023 Compensation
Stock
$572.59K
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$6.67M
David L. Lamp
CEO of CVR Energy
2022 Compensation
Stock
$0.00
Salary
$1.10M
Bonus
$0.00
Other
$26.31K
Total Holdings
$2.70M
Michael C. Jennings
CEO of HF Sinclair
2023 Compensation
Stock
$8.04M
Salary
$1.20M
Bonus
$500.00K
Other
$464.54K
Total Holdings
$7.55M