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Delek US Holdings, Inc. announced the transition of Chief Executive Officer Ezra Uzi Yemin to Executive Chairman of the Company’s board of directors, effective June 2022. Mr. Yemin has been CEO of Delek US Holdings since June 2004. From 2006 to 2020, Mr. Yemin realized $103,649,971 in total compensation.
In June 2022, Avigal Soreq will assume the role of Chief Executive Officer. Mr. Soreq currently serves as the Chief Executive Officer of El Al Israel Airlines. Upon his appointment, his annual target compensation will be as follows:
| Base Salary | Target Bonus | PSUs | RSUs | Total Annual Compensation |
|---|---|---|---|---|
| $800,000 | $1,120,000 | $1,500,000 | $1,500,000 | $4,920,000 |
To view the details of this transition, please click here.
Mr. Yemin is the 14th CEO from the Equilar 500 to announce their resignation in 2022.
Research Analyst
Mason Mu, Research Analyst at Equilar, authored this post. Please contact Amit Batish, Director, Content & Communications, at abatish@equilar.com for more information on Equilar research and data analysis.
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