Corporate Governance
At Delek Logistics Partners, LP, we are commited to maintaining the highest
ethical standards in the management of our businesses. Our Board governance
guidelines, code of business conduct and ethics, and Board commitee charters
are each a component of a broader corporate commitment to protecting the
best interests of our key stakeholders who, having entrusted us with the
task of long-term value creation, rely on us to support a corporate culture
that rewards accountability and our adherence to the fiduciary duties
required of those managing a world-class organization. By encouraging a high
degree of operational transparency and strong corporate governance, we seek
to engender a culture of personal and collective responsibility at work and
in the communities in which we live.
Governance Guidelines:
The Board of
Directors of Delek
Logistics Partners, LP
has adopted the
Governance Guidelines to
assist it in
carrying out its
responsibilities
overseeing the business affairs and management of the Partnership and its
subsidiaries. The principles and policies set forth in the
Governance Guidelines
are intended to
enhance the Board’s
ability to govern
effectively and ethically
on behalf of
our key stakeholders.
PDF:
Corporate Governance Guidelines
Code of Business
Conduct & Ethics:
The Code of Business Conduct & Ethics is designed to codify the ethical
standards and practices desired of our employees, officers, and Board
members. The code is intended to promote good-faith actions which reflect our
core corporate values as an organization, while also serving as a guidepost
for legal compliance purposes. By adhering to the standards set forth in
this code, our Board of Directors believes members of our organization will
be well-positioned to make sound, ethical judgments that are aligned with
the best interests of Delek Logistics and its key stakeholders.
PDF:
Code of Business Conduct and Ethics
Audit Commitee Charter:
The Audit Commitee assists the Board’s oversight of multiple duties, some of
which include determining the quality and integrity of our financial
statements; the disclosure and reporting process, including our disclosure
controls and procedures; the internal controls and procedures for financial
reporting; the performance of the Partnership’s internal audit function;
supervision and review of an independent auditor; and our compliance with
policies stipulated under our “Code of Business Conduct and Ethics” and
legal/regulatory requirements.
PDF:
Audit Committee Charter
Members of the
Audit Commitee:
Charles Brown, Ron Haddock, Sherri Brillon (Chair)
Conflicts Commitee
Charter:
The Conflicts Committee carries out the duties of the Agreement of the
Limited Partnership related to potential conflicts of interest. At the
request of the Board will review and act upon any conflicts of interest
between Delek US Holdings, Inc. and the Partnership. Advise the Board on
actions taken and ensures the actions are fair, reasonable, and legitimate
interests of the Partnership.
PDF:
Conflicts Committee Charter
Members of the
Conflicts Commitee:
Sherri Brillon, Eric Gadd, Gennifer Kelly, Charles Brown (Chair)
Governance and
Compensation Commitee
Charter:
The Governance and Compensation Commitee assist the Board by identifying
individuals qualified to become Board members, recommends to the Board
director nominees for each Board commitee, recommends to the Board, oversees
a set of effective corporate governance policies and procedures applicable to
the Board’s Governance Guidelines, and works with management to ensure fair
compensation practices that reflect management and the Partnership
philosophy, competitive practice, and regulatory requirements.
PDF:
Governance and Compensation Committee Charter
Members of Governance
and Compensation Commitee
Sherri Brillon, Charles Brown, Eric Gadd, Ron Haddock (Chair)
Environmental, Health
and Safety Commitee
Charter:
The Environmental, Health and Safety Commitee assists the Board by
overseeing management’s establishment and administration of the
Partnership’s environmental, health and safety (“EHS”) policies, programs,
and initiatives.
PDF:
Environmental, Health and Safety Committee Charter
Members of the
Environmental, Health
and Safety Commitee:
Ron Haddock, Gennifer Kelly, Eric Gadd (Chair)
Technology Commitee
Charter:
The Technology Commitee assists the Board in overseeing management’s
establishment and administration of the Partnership’s policies, programs,
procedures, and initiatives with respect to digitalization, technology, and
information security.
PDF:
Technology Committee Charter
Members of the
Technology Commitee:
Sherri Brillon, Fred Green, Gennifer Kelly (Chair)
Commitee Composition:
Clawback Policy:
PDF:
Clawback Policy