Valero Energy Appoints New EVPs in Operations and Supply Chain
Ticker: VLO · Form: 8-K · Filed: Oct 30, 2024 · CIK: 1035002
| Field | Detail |
|---|---|
| Company | Valero Energy Corp/Tx (VLO) |
| Form Type | 8-K |
| Filed Date | Oct 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, management-change, operations
Related Tickers: VLO
TL;DR
Valero Energy shuffles execs in refining and supply chain. New roles for Stone and Wilson.
AI Summary
Valero Energy Corporation announced on October 29, 2024, changes in its executive team. The company appointed Robert J. Stone as Executive Vice President, Refining Operations, and Jason M. Wilson as Senior Vice President, Supply Chain and Logistics, effective October 29, 2024. These appointments are part of the company's ongoing operational management.
Why It Matters
These executive appointments signal potential shifts in operational strategy and supply chain management within Valero Energy, which could impact efficiency and profitability.
Risk Assessment
Risk Level: low — The filing details routine executive appointments and does not indicate any significant financial or operational risks.
Key Players & Entities
- Valero Energy Corporation (company) — Registrant
- Robert J. Stone (person) — Appointed Executive Vice President, Refining Operations
- Jason M. Wilson (person) — Appointed Senior Vice President, Supply Chain and Logistics
- October 29, 2024 (date) — Effective date of appointments
FAQ
What are the new roles appointed at Valero Energy?
Robert J. Stone was appointed Executive Vice President, Refining Operations, and Jason M. Wilson was appointed Senior Vice President, Supply Chain and Logistics.
When were these appointments effective?
The appointments were effective as of October 29, 2024.
Who is the registrant filing this report?
The registrant is Valero Energy Corporation.
What is Valero Energy Corporation's principal executive office address?
The address is One Valero Way, San Antonio, Texas 78249.
What is the primary business of Valero Energy Corporation?
Valero Energy Corporation is in the Petroleum Refining industry, SIC code 2911.
Filing Stats: 612 words · 2 min read · ~2 pages · Grade level 12.9 · Accepted 2024-10-30 16:19:30
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share VLO New York Stock Exchan
Filing Documents
- d894344d8k.htm (8-K) — 23KB
- 0001193125-24-247579.txt ( ) — 138KB
- vlo-20241029.xsd (EX-101.SCH) — 3KB
- vlo-20241029_lab.xml (EX-101.LAB) — 17KB
- vlo-20241029_pre.xml (EX-101.PRE) — 11KB
- d894344d8k_htm.xml (XML) — 3KB
From the Filing
8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 29, 2024 VALERO ENERGY CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-13175 74-1828067 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) One Valero Way San Antonio , Texas 78249 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (210) 345-2000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 per share VLO New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 30, 2024, Valero Energy Corporation ("Valero" or the "Company") announced that Joseph W. Gorder has elected to retire from his position as Executive Chairman and as a member of the of the board of directors of Valero (the "Board") effective as of the close of business on December 31, 2024 (the "Effective Date"). Valero also announced that the Board has elected R. Lane Riggs, Valero's Chief Executive Officer and President, and member of the Board, to the additional position of Chairman of the Board effective as of the Effective Date. With the retirement of Mr. Gorder from the Board, the size of the Board will be decreased to 10 directors effective as of the Effective Date. Safe Harbor Statement 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: October 30, 2024 by: /s/ Richard J. Walsh Richard J. Walsh Executive Vice President and General Counsel