Valero Energy Elects New Directors, Reports Other Corporate Actions
Ticker: VLO · Form: 8-K · Filed: May 20, 2024 · CIK: 1035002
| Field | Detail |
|---|---|
| Company | Valero Energy Corp/Tx (VLO) |
| Form Type | 8-K |
| Filed Date | May 20, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $200,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, board-of-directors, corporate-actions
Related Tickers: VLO
TL;DR
VLO added two new board members and filed routine corporate updates.
AI Summary
Valero Energy Corporation (VLO) announced on May 15, 2024, that its Board of Directors has elected two new directors, Robert A. Brown and John F. Quindlen, effective immediately. The company also reported on matters submitted to a vote of security holders and other events, including details on compensatory arrangements for certain officers.
Why It Matters
The election of new directors can signal strategic shifts or governance changes within the company, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and director elections, with no immediate financial or operational risks disclosed.
Key Players & Entities
- Valero Energy Corporation (company) — Registrant
- Robert A. Brown (person) — Newly Elected Director
- John F. Quindlen (person) — Newly Elected Director
- May 15, 2024 (date) — Date of earliest event reported
FAQ
Who are the newly elected directors to Valero Energy's Board?
The newly elected directors are Robert A. Brown and John F. Quindlen.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 15, 2024.
What is Valero Energy Corporation's state of incorporation?
Valero Energy Corporation is incorporated in Delaware.
What is Valero Energy Corporation's principal executive office address?
The principal executive offices are located at One Valero Way, San Antonio, Texas 78249.
What are the main items reported in this 8-K filing?
The filing reports on the departure/election of directors, election of certain officers, compensatory arrangements, matters submitted to a vote of security holders, and other events.
Filing Stats: 1,272 words · 5 min read · ~4 pages · Grade level 9 · Accepted 2024-05-20 16:16:08
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share VLO New York Stock Exchan
- $200,000 — rs. The grant of stock units, valued at $200,000, represents the equity portion of Valer
Filing Documents
- d681201d8k.htm (8-K) — 96KB
- d681201dex1001.htm (EX-10.01) — 15KB
- 0001193125-24-142857.txt ( ) — 236KB
- vlo-20240515.xsd (EX-101.SCH) — 3KB
- vlo-20240515_lab.xml (EX-101.LAB) — 17KB
- vlo-20240515_pre.xml (EX-101.PRE) — 11KB
- d681201d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 10.01 Form of Stock Unit Award Agreement (with one-year hold provision). 104 Cover Page Interactive Data File (formatted in Inline XBRL). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VALERO ENERGY CORPORATION Date: May 20, 2024 by: /s/ Richard J. Walsh Richard J. Walsh Senior Vice President, General Counsel and Secretary