Valero Energy Corporation
Valero Director Retirement and Annual Meeting Voting Results
Summary
On May 6, 2025, Valero Energy Corporation announced the retirement of director Robert A. Profusek in accordance with the company's director retirement policy. The 2025 annual meeting of Valero's stockholders was also held on the same day, where the election of directors and other proposals were approved. Effective May 6, 2025, Valero entered into a Stock Unit Award Agreement with each of its non-employee directors who were re-elected at the meeting. The stock units, valued at $200,000, represent the equity portion of Valero's non-employee director compensation program.
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About Valero Energy Corporation
Valero Energy Corporation is a leading international manufacturer and marketer of transportation fuels and petrochemical products. Operating as an independent petroleum refiner, Valero plays a crucial role in the energy sector, producing essential fuels like gasoline, diesel, and jet fuel. The company operates multiple refineries and ethanol plants across various strategic locations, primarily in the United States and Canada, optimizing access to feedstock supplies and distribution networks. One of Valero's distinguishing features is its commitment to sustainable and environmentally responsible practices, investing in renewable diesel production and reducing carbon emissions. As a key player in the energy market, Valero supplies a broad portfolio of customers, including retail outlets, wholesalers, and enterprise clients, leveraging its extensive logistic capabilities. Founded in 1980 and headquartered in San Antonio, Texas, Valero Energy Corporation significantly contributes to global energy supply chains while continuously adapting to changing regulatory and market dynamics.
Official SEC Documents
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