Valero Energy Corporation

DB:V1L Stock Report

Market Cap: €37.8b

Valero Energy Management

Management criteria checks 2/4

Valero Energy's CEO is R. Riggs, appointed in Jan 2020, has a tenure of 1.58 years. total yearly compensation is $20.14M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.096% of the company’s shares, worth €36.24M. The average tenure of the management team and the board of directors is 4.3 years and 8.5 years respectively.

Key information

R. Riggs

Chief executive officer

US$20.1m

Total compensation

CEO salary percentage6.2%
CEO tenure5yrs
CEO ownership0.1%
Management average tenure4.3yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has R. Riggs's remuneration changed compared to Valero Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$4b

Jun 30 2024n/an/a

US$6b

Mar 31 2024n/an/a

US$7b

Dec 31 2023US$20mUS$1m

US$9b

Sep 30 2023n/an/a

US$11b

Jun 30 2023n/an/a

US$11b

Mar 31 2023n/an/a

US$14b

Dec 31 2022US$8mUS$1m

US$11b

Sep 30 2022n/an/a

US$9b

Jun 30 2022n/an/a

US$7b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$13mUS$970k

US$924m

Sep 30 2021n/an/a

-US$443m

Jun 30 2021n/an/a

-US$1b

Mar 31 2021n/an/a

-US$281m

Dec 31 2020US$9mUS$940k

-US$1b

Sep 30 2020n/an/a

-US$10m

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$425m

Dec 31 2019US$11mUS$840k

US$2b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

US$3b

Mar 31 2019n/an/a

US$3b

Dec 31 2018US$4mUS$800k

US$3b

Compensation vs Market: R.'s total compensation ($USD20.14M) is above average for companies of similar size in the German market ($USD4.76M).

Compensation vs Earnings: R.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

R. Riggs (58 yo)

5yrs

Tenure

US$20,140,932

Compensation

Mr. R. Lane Riggs has been President at Valero Energy Corporation since January 23, 2020 and also served as its Chief Operating Officer January 1, 2018 until 2023. Mr. Riggs serves as Chief Executive Offic...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Gorder
Executive Chairman10.9yrsUS$30.04m0.16%
€ 60.0m
R. Riggs
CEO, President & Director5yrsUS$20.14m0.096%
€ 36.2m
Jason Fraser
Executive VP & CFO4.5yrsUS$10.61m0.041%
€ 15.4m
Gary Simmons
Executive VP & COO1.5yrsUS$10.76m0.065%
€ 24.5m
Richard Walsh
Executive VP & General Counsel4.5yrsUS$5.92m0.031%
€ 11.8m
Mike Zacho
VP of Information Services & Technology2yrsno datano data
Homer Bhullar
Vice President of Investor Relations & Finance4yrsno datano data
Lillian Riojas
Executive Director of Media Relations & Communicationsno datano datano data
Richard Lashway
Senior Vice President of Corporate Development & Strategyno datano datano data
Julia Reinhart
Senior VP & Chief Human Resources Officer9.2yrsno datano data
Eric Fisher
Senior Vice President of Product Supply5yrsno datano data
Eric Honeyman
Senior Vice President of Renewables Operations & Low Carbon Fuelsless than a yearno datano data

4.3yrs

Average Tenure

58.5yo

Average Age

Experienced Management: V1L's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Gorder
Executive Chairman10.9yrsUS$30.04m0.16%
€ 60.0m
R. Riggs
CEO, President & Director1.6yrsUS$20.14m0.096%
€ 36.2m
Robert Profusek
Lead Independent Director19.3yrsUS$365.06k0.014%
€ 5.3m
Randall Weisenburger
Independent Director14yrsUS$355.06k0.035%
€ 13.1m
Rayford Wilkins
Independent Director14yrsUS$355.06k0.013%
€ 4.8m
Eric Mullins
Independent Director5yrsUS$330.06k0.0026%
€ 987.0k
Kimberly Greene
Independent Director8.5yrsUS$355.06k0.0042%
€ 1.6m
H. Eberhart
Independent Director8.5yrsUS$355.06k0.0043%
€ 1.6m
Fred Diaz
Independent Director3.3yrsUS$330.06k0.00079%
€ 298.8k
Deborah Majoras
Independent Director12.5yrsUS$355.06k0.0088%
€ 3.3m
Marie Ffolkes
Independent Director2.3yrsUS$330.06k0.00021%
€ 79.4k

8.5yrs

Average Tenure

62yo

Average Age

Experienced Board: V1L's board of directors are considered experienced (8.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 05:04
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Valero Energy Corporation is covered by 45 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Ishan MajumdarBaptista Research
Yim ChengBarclays