Valero Energy Announces Executive and Board Changes

Ticker: VLO · Form: 8-K · Filed: 2025-05-09T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, board-changes, governance

Related Tickers: VLO

TL;DR

VLO shakeup: new execs, board members elected, comp plans adjusted. Big governance news.

AI Summary

Valero Energy Corporation (VLO) announced on May 6, 2025, several key executive and board changes. These include the election of new directors, the appointment of new officers, and adjustments to compensatory arrangements for certain officers. The company also reported on matters submitted to a vote of security holders and other events.

Why It Matters

Changes in executive leadership and board composition can signal shifts in company strategy, governance, and future performance.

Risk Assessment

Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and operational direction.

Key Players & Entities

FAQ

What specific officer positions were affected by the appointments?

The filing indicates the appointment of 'Certain Officers' but does not specify the exact positions in the provided text.

Who are the newly elected directors?

The filing mentions the election of directors but does not list their names in the provided text.

What were the key matters voted on by security holders?

The filing states that matters were submitted to a vote of security holders but does not detail the specific proposals in the provided text.

Are there any details on the compensatory arrangements for the officers?

The filing notes adjustments to 'Compensatory Arrangements of Certain Officers' but does not provide specific details on these arrangements in the provided text.

What is the effective date of these reported events?

The earliest event reported is dated May 6, 2025.

From the Filing

0001193125-25-116463.txt : 20250509 0001193125-25-116463.hdr.sgml : 20250509 20250509073630 ACCESSION NUMBER: 0001193125-25-116463 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250506 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: 20250509 DATE AS OF CHANGE: 20250509 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 EIN: 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: 25928400 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 d939089d8k.htm 8-K 8-K VALERO ENERGY CORP/TX false 0001035002 0001035002 2025-05-06 2025-05-06     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 6, 2025     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 6, 2025, director Robert A. Profusek retired from the board of directors (the “Board”) of Valero Energy Corporation (“Valero”) in accordance with the terms of Valero’s director retirement policy.   Item 5.07. Submission of Matters to a Vote of Security Holders. The 2025 ann

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