Valero Energy DEF 14A: Executive Pay Details Revealed
Ticker: VLO · Form: DEF 14A · Filed: 2025-03-18T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, annual-meeting, shareholder-information
Related Tickers: VLO
TL;DR
Valero's 2025 DEF 14A drops, showing exec comp details for 2024. Riggs & Gorder compensation in focus.
AI Summary
Valero Energy Corp. filed its DEF 14A on March 18, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on compensation for individuals like R. Lane Riggs and Joseph W. Gorder, with data spanning several fiscal years from 2020 to 2024. Specific details on aggregated changes in pension value and equity awards are presented for applicable years.
Why It Matters
This filing provides shareholders with crucial information regarding how executive compensation is structured and awarded at Valero Energy, impacting corporate governance and investor confidence.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) providing information on executive compensation and board matters, not indicating new or unusual risks.
Key Numbers
- 2024 — Fiscal Year End (Primary year for compensation data in this filing)
- 2020-2024 — Compensation Data Span (Range of fiscal years for which compensation details are provided)
Key Players & Entities
- Valero Energy Corp. (company) — Filer of the DEF 14A
- R. Lane Riggs (person) — Executive compensation subject
- Joseph W. Gorder (person) — Executive compensation subject
- 2024-12-31 (date) — Fiscal year end for compensation data
- 20250318 (date) — Filing date
FAQ
What is the primary purpose of this DEF 14A filing for Valero Energy Corp.?
The primary purpose is to provide shareholders with information regarding the company's annual meeting, including details on executive compensation, board of directors, and voting matters.
Which fiscal year's compensation data is most prominently featured in this filing?
The filing prominently features compensation data for the fiscal year ending December 31, 2024.
Who are some of the key individuals whose compensation information is detailed?
Key individuals mentioned in relation to compensation data include R. Lane Riggs and Joseph W. Gorder.
What specific types of compensation elements are mentioned in the filing?
The filing mentions elements such as aggregated changes in pension value, equity awards, and service costs related to compensation.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on March 18, 2025.
From the Filing
0001035002-25-000010.txt : 20250318 0001035002-25-000010.hdr.sgml : 20250318 20250318155413 ACCESSION NUMBER: 0001035002-25-000010 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 48 CONFORMED PERIOD OF REPORT: 20250506 FILED AS OF DATE: 20250318 DATE AS OF CHANGE: 20250318 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: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13175 FILM NUMBER: 25748061 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 DEF 14A 1 vlo-20250318.htm DEF 14A vlo-20250318 VALERO ENERGY CORP/TX 0001035002 DEF 14A FALSE iso4217:USD iso4217:USD xbrli:shares 0001035002 2024-01-01 2024-12-31 0001035002 vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 vlo:R.LaneRiggsMember 2023-01-01 2023-12-31 0001035002 vlo:JosephW.GorderMember 2023-01-01 2023-12-31 0001035002 2023-01-01 2023-12-31 0001035002 vlo:JosephW.GorderMember 2022-01-01 2022-12-31 0001035002 2022-01-01 2022-12-31 0001035002 vlo:JosephW.GorderMember 2021-01-01 2021-12-31 0001035002 2021-01-01 2021-12-31 0001035002 vlo:JosephW.GorderMember 2020-01-01 2020-12-31 0001035002 2020-01-01 2020-12-31 0001035002 vlo:R.LaneRiggsMember 2023-07-01 2024-12-31 0001035002 vlo:JosephW.GorderMember 2020-01-01 2023-06-30 0001035002 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:AggtPnsnAdjsSvcCstMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001035002 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001035002 ecd:AggtPnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001035002 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001035002 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember vlo:R.LaneRiggsMember 2024-01-01 2024-12-31 0001035002 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001035002 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001035002 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001035002 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001035002 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001035002 ecd:DvddsOrOthrErngsPdOnEqtyAw