UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On October 30, 2024, Valero Energy Corporation (“Valero” or the “Company”) announced that Joseph W. Gorder has elected to retire from his position as Executive Chairman and as a member of the of the board of directors of Valero (the “Board”) effective as of the close of business on December 31, 2024 (the “Effective Date”). Valero also announced that the Board has elected R. Lane Riggs, Valero’s Chief Executive Officer and President, and member of the Board, to the additional position of Chairman of the Board effective as of the Effective Date.
With the retirement of Mr. Gorder from the Board, the size of the Board will be decreased to 10 directors effective as of the Effective Date.
Safe Harbor Statement
Statements contained in this Current Report on Form 8-K that state Valero’s or its management’s expectations or predictions of the future are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward-looking statements in this Current Report on Form 8-K include expectations with respect to Board transition dates. It is important to note that actual results could differ materially from those projected in such forward-looking statements based on numerous factors, including those outside of Valero’s control. For more information concerning factors that could cause actual results to differ from those expressed or forecasted, see Valero’s annual report on Form 10-K, quarterly reports on Form 10-Q, and other reports filed with the Securities and Exchange Commission.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| VALERO ENERGY CORPORATION | ||||||
| Date: October 30, 2024 | by: | /s/ Richard J. Walsh | ||||
| Richard J. Walsh | ||||||
| Executive Vice President and General Counsel | ||||||