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MarketScreener Homepage  >  Equities  >  Nyse  >  HollyFrontier Corporation    HFC


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HollyFrontier Corporation : Announces Appointment of Manny Fernandez to Its Board of Directors

10/01/2020 | 06:31am EST

HollyFrontier Corporation (NYSE:HFC) (“HollyFrontier”) today announced that its Board of Directors (the “Board”) appointed Manny Fernandez to the Board effective October 1, 2020. This appointment increases the size of the Board to eleven directors and increases the number of independent directors on the Board from nine to ten.

Mr. Fernandez joined KPMG LLP in 1984 and served in a number of leadership positions until his retirement in September 2020, including most recently as Managing Partner of the Dallas office and market leader for KPMG’s Southwest region across audit, tax and consulting services from October 2009 to September 2020. During his career at KPMG, he also served as National Managing Partner for Talent Acquisition, member of the National Inclusion and Diversity Board and as Co-Chair of the National Hispanic/Latino employee resource group.

Effective in October 2020, Mr. Fernandez will also serve on the board of directors of Jacobs. He has also actively engaged in a number of community and non-profit activities. Having emigrated from Cuba at the age of eight, Mr. Fernandez has a passion for advancing inclusion and diversity, and was recognized for his leadership and dedication to advancing the careers of Latino professionals by The Association of Latino Professionals for America (ALPFA) with the Lifetime Achievement Award.

With more the 36 years of experience advising public and private companies across a variety of industries and geographies, Mr. Fernandez brings to the Board extensive finance and accounting expertise, as well as executive and talent management experience.

“Manny is an accomplished business leader with extensive experience advising public companies. We welcome the experience and expertise he will bring to HollyFrontier,” said Franklin Myers, Chairman of the Board.

About HollyFrontier Corporation

HollyFrontier Corporation, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products. HollyFrontier owns and operates refineries located in Kansas, Oklahoma, New Mexico and Utah and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. In addition, HollyFrontier produces base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and exports products to more than 80 countries. HollyFrontier also owns a 57% limited partner interest and a non-economic general partner interest in Holly Energy Partners, L.P., a master limited partnership that provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HollyFrontier Corporation subsidiaries.

© Business Wire 2020
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Financials (USD)
Sales 2020 10 844 M - -
Net income 2020 -525 M - -
Net Debt 2020 1 899 M - -
P/E ratio 2020 -8,05x
Yield 2020 5,34%
Capitalization 4 223 M 4 223 M -
EV / Sales 2020 0,56x
EV / Sales 2021 0,53x
Nbr of Employees 4 074
Free-Float 62,6%
Duration : Period :
HollyFrontier Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends HOLLYFRONTIER CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 18
Average target price 28,94 $
Last Close Price 26,23 $
Spread / Highest target 56,3%
Spread / Average Target 10,3%
Spread / Lowest Target -27,6%
EPS Revisions
Michael C. Jennings President, CEO, Director & Executive VP
Franklin Myers Chairman
Timothy Go Chief Operating Officer & Executive Vice President
Richard Lawrence Voliva Chief Financial Officer & Executive Vice President
Douglas Y. Bech Lead Independent Director
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