The announced management changes include the promotion of Joseph Israel, previously the vice president of mergers and acquisitions, to the position of COO.

In this position, Mr Israel will have oversight responsibility for the integration and business planning of the company’s refining and asphalt businesses and will report to Jeff Morris, Alon’s president and CEO.

Mr Israel joined Alon USA in March 2000 and, prior to his promotion, was responsible for all growth opportunities within Alon USA, as well as business planning and optimization of the company’s processes. He also chairs the risk management committee of the company.

David Wiessman, executive chairman of the board for Alon USA, said: Following our recent acquisition of the Krotz Springs refinery, we have now tripled our refining capacity and significantly expanded our asphalt and retail businesses over the past two years. We have also recently re-structured our branded marketing and retail businesses into a new operating segment.