Corporate Governance

At Delek US Holdings, we are committed to maintaining the highest ethical standards in the management of our businesses.  Our Board governance guidelines, code of ethics, audit committee charter and compensation committee charter are each components of a broader corporate commitment to protecting the best interests of our shareholders and 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 US Holdings 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
PDF: Governance Guidelines

Code of 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 which are aligned with the best interests of Delek US Holdings and its key stakeholders. 
PDF: Code of Ethics

Compensation Committee Charter: 
A key aspect of the governance and oversight duties of management and the Board of Directors is to ensure fair compensation practices which are aligned with the best interests of our shareholders and other key constituents.  The compensation committee is designed to serve as an advocate on behalf of shareholders to ensure compensation practices remain competitive and within regulatory requirements.  The committee is tasked with reviewing and, where appropriate, approving compensation objectives, plans and levels.
PDF: Compensation Committee Charter

Members of Compensation Committee:
Asaf Bartfeld, Carlos E. Jordá, Uzi Yemin (Chairman)

Audit Committee Charter: 
The audit committee assists the Board’s oversight of multiple duties, some of which include determining the quality and integrity of the 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 company’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 Audit Committee:
Carlos E. Jordá, Charles H. Leonard, Philip L. Maslowe (Chairman)

Incentive Plan Charter:
As part of the governance and oversight process of the Company, the Incentive Plan Committee supports the Board and its Compensation Committee and works with management to ensure that incentive plan compensation practices properly reflect management and Company philosophy, competitive practice and regulatory requirements. The Incentive Plan Committee reviews, provides advice on and, where appropriate, approves incentive plan compensation objectives, plans and levels.
PDF: Incentive Plan Charter

Members of the Incentive Plan Committee:
Carlos E. Jordá, Charles H. Leonard, Philip L. Maslowe