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Nicholas Advisory Board

Fay Shong

Vice President, Corporate Development & Commercial Excellence

PBF Energy

Fay is an impact-focused leader who for 30+ years has served global energy companies to address their most critical and complex business issues. Over the course of her career, Fay has pursued her passion for working globally for multinational energy firms. Starting out as an executive with ExxonMobil and later as a management consulting partner for three of the top consulting firms, Fay spent her career working at the intersection of strategy, technology and finance to deliver significant shareholder value. Because every consulting firm offered varied specialties and focus, Fay’s experience as a partner at Accenture, EY and McKinsey provided her unique opportunities to focus at different times on the CIO, CFO and CEO.

As a consulting partner, Fay served 11 / 20 largest energy companies, working across five continents. Over her tenure, Fay built and grew multiple growth strategy consulting practices focused on mergers and acquisition, finance transformation, corporate-wide restructuring and cost efficiency, and margin capture improvement programs. Recognized for her deep energy and functional expertise, Fay has also served as a finance executive working across Corporate Development, Business Planning and Strategy, and Commercial /Commodity Trading. Her efforts in the corporate arena focus on origination, investment and risk analysis, portfolio diversification, capital allocation and strategy development.

Fay earned her BBA from University of Wisconsin and her MBA from Pennsylvania State University’s Smeal College of Business. Fay currently sits on boards of the Department of Energy Mid-Atlantic Hydrogen Hub, the Lyric Opera of Chicago, and the Alumni Board for the University of Wisconsin School of Business.