Valero Energy Appoints New EVPs in Operations and Supply Chain

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

From the Filing

0001193125-24-247579.txt : 20241030 0001193125-24-247579.hdr.sgml : 20241030 20241030161930 ACCESSION NUMBER: 0001193125-24-247579 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241029 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241030 DATE AS OF CHANGE: 20241030 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: 241410625 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 d894344d8k.htm 8-K 8-K VALERO ENERGY CORP/TX false 0001035002 0001035002 2024-10-29 2024-10-29     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. ☐       Item 5.02 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 t