Singapore markets closed

Valero Energy Corporation (VLO)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
162.39-1.39 (-0.85%)
At close: 04:00PM EDT
162.35 -0.04 (-0.02%)
After hours: 06:47PM EDT

Valero Energy Corporation

One Valero Way
San Antonio, TX 78249
United States
210 345 2000
https://www.valero.com

Sector(s)Energy
IndustryOil & Gas Refining & Marketing
Full-time employees9,886

Key executives

NameTitlePayExercisedYear born
Mr. Joseph W. GorderExecutive Chairman6.15M6.89M1957
Mr. R. Lane RiggsCEO, President & Director4.78MN/A1966
Mr. Jason W. FraserExecutive VP & CFO2.88MN/A1969
Mr. Gary K. SimmonsExecutive VP & COO2.55MN/A1965
Mr. Richard Joe WalshSenior VP, General Counsel & Secretary1.89MN/A1966
Mr. Mike ZachoVP of Information Services & TechnologyN/AN/AN/A
Mr. Homer BhullarVice President of Investor Relations & FinanceN/AN/AN/A
Lillian RiojasExecutive Director of Media Relations & CommunicationsN/AN/AN/A
Mr. Richard F. LashwaySenior Vice President of Corporate Development & StrategyN/AN/A1963
Ms. Julia Rendon ReinhartSenior VP & Chief Human Resources OfficerN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company produces California Reformulated Gasoline Blendstock for Oxygenate Blending and Conventional Blendstock for Oxygenate Blending gasolines, CARB diesel, diesel, jet fuel, heating oil, and asphalt; feedstocks; aromatics; sulfur and residual fuel oil; intermediate oils; and sulfur, sweet, and sour crude oils. It sells its refined products through wholesale rack and bulk markets; and through outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company owns and operates renewable diesel and ethanol plants, as well as produces renewable diesel and naphtha under the Diamond Green Diesel brand name. In addition, it offers ethanol and various co-products, including dry distiller grains, syrup, and inedible distillers corn oil to animal feed customers. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.

Corporate governance

Valero Energy Corporation’s ISS governance QualityScore as of 1 May 2024 is 5. The pillar scores are Audit: 8; Board: 5; Shareholder rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.