VLO - Valero Energy Corporation

NYSE - Nasdaq Real-time price. Currency in USD

Valero Energy Corporation

One Valero Way
San Antonio, TX 78249
United States
210 345 2000

IndustryOil & Gas Refining & Marketing
Full-time employees9,716

Key executives

NameTitlePayExercisedYear born
Mr. Joseph W. GorderChairman & CEO7.78M3.74M1957
Mr. R. Lane RiggsPres & COO3.38M221.44k1966
Mr. Jason W. FraserExec. VP & CFO2.74MN/A1969
Ms. Cheryl L. ThomasSr. VP & CTO1.89MN/A1962
Mr. Gary K. SimmonsExec. VP & Chief Commercial Officer2.31M151.53k1965
Mr. Lawrence Mark SchmeltekopfChief Accounting Officer & Sr. VPN/AN/A1964
Mr. Homer BhullarVP of Investor Relations & Fin.N/AN/AN/A
Mr. Richard Joe WalshSr. VP, Gen. Counsel & Sec.N/AN/A1966
Lillian RiojasExec. Director of Media Relations & CommunicationsN/AN/AN/A
Mr. Richard F. LashwaySr. VP of Corp. Devel. & StrategyN/AN/A1963
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company produces California Reformulated Gasoline Blendstock for Oxygenate Blending and Conventional Blendstock for Oxygenate Blending gasolines, CARB diesel, diesel, jet fuel, and asphalt; aromatics; and sulfur crude oils. It sells its refined products through wholesale rack and bulk markets; and through approximately outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.

Corporate governance

Valero Energy Corporation’s ISS governance QualityScore as of 1 June 2023 is 2. The pillar scores are Audit: 2; Board: 4; Shareholder rights: 7; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.