Valero Energy Elects New Directors, Reports Other Corporate Actions

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

From the Filing

0001193125-24-142857.txt : 20240520 0001193125-24-142857.hdr.sgml : 20240520 20240520161608 ACCESSION NUMBER: 0001193125-24-142857 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240515 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240520 DATE AS OF CHANGE: 20240520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VALERO ENERGY CORP/TX CENTRAL INDEX KEY: 0001035002 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 741828067 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13175 FILM NUMBER: 24964683 BUSINESS ADDRESS: STREET 1: P.O. BOX 696000 CITY: SAN ANTONIO STATE: TX ZIP: 78269-6000 BUSINESS PHONE: 2103454524 MAIL ADDRESS: STREET 1: P.O. BOX 696000 CITY: SAN ANTONIO STATE: TX ZIP: 78269-6000 8-K 1 d681201d8k.htm 8-K 8-K VALERO ENERGY CORP/TX false 0001035002 0001035002 2024-05-15 2024-05-15     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): May 15, 2024     VALERO ENERGY CORPORATION (Exact name of registrant as specified in its charter)       Delaware   001-13175   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. ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously announced, effective May 15, 2024, director Donald L. Nickles retired from the Board in accordance with the terms of Valero Energy Corporation’s (“Valero”) director retirement policy.   Item 5.07 Submission of Matters to a Vote of Security Holders. The 2024 annual meeting of the stockholders of Val