VALERO ENERGY CORP/TX (VLO) Form 8-K — Sep 18, 2026
Valero Energy Corporation elected Matt Audette as an independent director effective September 17, 2026, expanding its board to 11 members. He immediately joined the board's Audit Committee and is expected to stand for re-election at the 2027 annual meeting. Audette is President and CFO of LPL Financial Holdings and previously served as EVP and CFO of E*TRADE Financial, bringing more than 15 years of public-company CFO experience. Chairman and CEO Lane Riggs said he will complement and enhance the board's existing depth of financial and accounting expertise.
Key figures
- Ethanol plants
- 12
- Ethanol capacity
- approximately 1.7 billion gallons per year
- Refineries operated
- 14
- Director term expires
- 2027 annual meeting of stockholders
- Renewable diesel capacity
- approximately 1.2 billion gallons per year
- Board size after expansion
- 11
- Refining throughput capacity
- approximately 3.0 million barrels per day
- Director comp increase 2027 usd
- $10,000
- Pro rata annual cash retainer usd
- $101,667
- Pro rata equity grant stock units
- 372
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