The leaders of Delek US Holdings have turned to a familiar face to be their CFO.
Assi Ginzburg, who led the financial team at Brentwood-based Delek from early 2013 to mid-2017, is back in the CFO seat that had been Kevin Kremke’s for nearly two years. Kremke, who joined Delek from soda ash mine Ciner Resources, is staying with the company to help with the transition back to Ginzburg.
“I appreciate the work accomplished by Kevin during his tenure leading our finance department and want to thank him for his contributions,” Uzi Yemin, chairman, president and CEO of Delek, said in a statement. “I am pleased that Assi has agreed to serve again as Chief Financial Officer. Assi and I have worked closely together for many years and he has been an integral part of Delek’s success.”
Ginzburg, who also is again CFO of Delek’s majority-owned but separately traded logistics affiliate, has been with Delek since 2004 and was most recently its executive vice president of strategic planning. The 44-year-old has been an EVP since the spring of 2009.
Shares of Delek (Ticker: DK) were off nearly 3 percent to $34.22 late on Thursday morning. They have fallen about 30 percent in the past six months.