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BRENTWOOD, Tenn. -- Delek US Holdings Inc. and Delek Logistics Partners LP announced today the appointment of Assi Ginzburg to chief financial officer. Effective immediately, Ginzburg succeeds Mark Cox, who will continue to serve as executive vice president of both companies through March 31 in order to ensure a smooth transition, the companies stated.
"Assi has demonstrated significant leadership capabilities and played an instrumental role in contributing to our company's growth and strategic vision for nearly a decade," said Uzi Yemin, chairman and CEO of Delek US and general partner for Delek Logistics. "His intimate knowledge of our operations and financial processes make him a natural choice to assume additional responsibilities as our chief financial officer."
Yemin also thanked Cox for his contributions to Delek's success and wished him well in his future endeavors.
Ginzburg has worked at Delek US since 2004 and Delek Logistics since its inception in 2012. He also serves as a member of the board of directors of the general partner of Delek Logistics and has been a member of the Israel Institute of Certified Public Accountants since 2011.
"We have significantly transformed and diversified our business over the last few years, while simultaneously delivering exceptional value to our investors," remarked Ginzburg. "We remain intently focused on continuing to improve our business and financial flexibility, and I look forward to the challenge of taking on these new responsibilities and helping our businesses continue to grow."
Delek US Holdings has 372 company-operated convenience store locations that operate under the MAPCO Express, MAPCO Mart, East Coast, Fast Food and Fuel, Favorite Markets, Delta Express and Discount Food Mart brand names. Subsidiaries of Delek US also own 62.4 percent of Delek Logistics Partners LP a master limited partnership, focused on owning and operating midstream energy infrastructure assets.