VLO - Valero Energy Corporation
Valero Energy Corporation
One Valero Way
San Antonio, TX 78249
United States
210 345 2000
https://www.valero.com
Sector(s): Energy
Industry: Oil & Gas Refining & Marketing
Full-time employees: 9,716
Key executives
| Name | Title | Pay | Exercised | Year born |
|---|---|---|---|---|
| Mr. Joseph W. Gorder | Chairman & CEO | 7.78M | 3.74M | 1957 |
| Mr. R. Lane Riggs | Pres & COO | 3.38M | 221.44k | 1966 |
| Mr. Jason W. Fraser | Exec. VP & CFO | 2.74M | N/A | 1969 |
| Ms. Cheryl L. Thomas | Sr. VP & CTO | 1.89M | N/A | 1962 |
| Mr. Gary K. Simmons | Exec. VP & Chief Commercial Officer | 2.31M | 151.53k | 1965 |
| Mr. Lawrence Mark Schmeltekopf | Chief Accounting Officer & Sr. VP | N/A | N/A | 1964 |
| Mr. Homer Bhullar | VP of Investor Relations & Fin. | N/A | N/A | N/A |
| Mr. Richard Joe Walsh | Sr. VP, Gen. Counsel & Sec. | N/A | N/A | 1966 |
| Lillian Riojas | Exec. Director of Media Relations & Communications | N/A | N/A | N/A |
| Mr. Richard F. Lashway | Sr. VP of Corp. Devel. & Strategy | N/A | N/A | 1963 |
Description
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.
