Delek Logistics Partners LP (NYSE: DKL), headquartered in Brentwood, Tennessee, is a growth-oriented publicly traded master limited partnership (MLP) formed by Delek US Holdings, Inc. (NYSE:DK) ("Delek") in 2012 to own, operate, acquire, and construct crude oil and refined products logistics and marketing assets.
A substantial majority of our existing assets are integral to the success of Delek's refining and marketing operations. We gather, transport and store crude oil and market, distribute, transport and store refined products in select regions of the southeastern United States and west Texas for Delek and third parties, primarily in support of Delek's refineries in Tyler, Texas and El Dorado, Arkansas.
A substantial majority of our existing assets are integral to the success of Delek's refining and marketing operations. We gather, transport and store crude oil and market, distribute, transport and store refined products in select regions of the southeastern United States and west Texas for Delek and third parties, primarily in support of Delek's refineries in Tyler, Texas and El Dorado, Arkansas.
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The Board of Directors of the general partner of Delek Logistics Partners, LP has adopted these guidelines to assist it in carrying out its responsibilities overseeing the business affairs and management of the Company and its subsidiaries. The principles and policies set forth in the governance document are intended to enhance the Board's ability to govern effectively and ethically on behalf of our key stakeholders.
The Board believes that, because he has worked for Delek since its founding, Mr. Yemin brings to the Board a thorough and complete understanding of our business, operations and operating environment, as well as that of Delek (the owner of approximately 62.7% of our units and the customer on whom the Partnership is most dependent).
Mr. Yemin's duties include the formulation of our policies and strategic direction, oversight of executive officers, and overall responsibility for our operations and performance.
The Board believes that, because he has worked for Delek since its founding, Mr. Yemin brings to the Board a thorough and complete understanding of our business, operations and operating environment, as well as that of Delek (the owner of approximately 63.5% of our units and the customer on whom the Partnership is most dependent).Mr. Yemin also brings to the Board substantial leadership, planning and industry experience.
The Board believes that, because he has worked for Delek since its founding, Mr. Yemin brings to the Board a thorough and complete understanding of our business, operations and operating environment, as well as that of Delek (the owner of approximately 63.5% of our units and the customer on whom the Partnership is most dependent).Mr. Yemin also brings to the Board substantial leadership, planning and industry experience.
Requests should be communicated in writing to Investor Relations, at 7102 Commerce Way, Brentwood, TN 37027. Open Quarterly report which provides a continuing view of a company's financial position in HTML. Open Quarterly report which provides a continuing view of a company's financial position in DOC file.
Master limited partnerships or "MLPs" are publicly traded limited partnerships. An ownership share in an MLP is called a "unit." General information pertaining to MLPs can be obtained from the National Association of Publicly Traded Partnerships. Public ownership represents 37.3% of the limited partner interest.
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