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Valero Energy Corporation (VLO)

NYSE - Nasdaq Real-time price. Currency in USD
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123.01-2.64 (-2.10%)
As of 03:41PM EST. Market open.

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 employees9,716

Key executives

NameTitlePayExercisedYear born
Mr. Joseph W. GorderExecutive Chairman7.78M3.74M1957
Mr. R. Lane RiggsCEO, President & Director3.38M221.44k1966
Mr. Jason W. FraserExecutive VP & CFO2.74MN/A1969
Mr. Gary K. SimmonsExecutive VP & COO2.31M151.53k1965
Mr. Lawrence Mark SchmeltekopfChief Accounting Officer & Senior VPN/AN/A1964
Mr. Mike ZachoVP of Information Services & TechnologyN/AN/AN/A
Mr. Homer BhullarVice President of Investor Relations & FinanceN/AN/AN/A
Mr. Richard Joe WalshSenior VP, General Counsel & SecretaryN/AN/A1966
Lillian RiojasExecutive Director of Media Relations & CommunicationsN/AN/AN/A
Mr. Richard F. LashwaySenior Vice President of Corporate Development & StrategyN/AN/A1963
Amounts are as of 31 December 2022, 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 transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, 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, and asphalt; aromatics; and sulfur crude oils. It sells its refined products through wholesale rack and bulk markets; and through approximately outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils. 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 December 2023 is 3. The pillar scores are Audit: 3; 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.