Valero Energy Management
Management criteria checks 2/4
Valero Energy's CEO is R. Riggs, appointed in Jan 2020, has a tenure of 4.33 years. total yearly compensation is $20.14M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 0.093% of the company’s shares, worth $47.74M. The average tenure of the management team and the board of directors is 3.6 years and 9 years respectively.
Key information
R. Riggs
Chief executive officer
US$20.1m
Total compensation
| CEO salary percentage | 6.2% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.09% |
| Management average tenure | 3.6yrs |
| Board average tenure | 9yrs |
Recent management updates
Recent updates
Crack Spreads Continue To Support Valero Energy Stock
Apr 05We Think Valero Energy (NYSE:VLO) Can Stay On Top Of Its Debt
Mar 28
Valero: Gasoline Prices Will Jump In April, But I Won't Jump On This Rally (Rating Downgrade)
Mar 18Estimating The Intrinsic Value Of Valero Energy Corporation (NYSE:VLO)
Mar 12Why We Like The Returns At Valero Energy (NYSE:VLO)
Feb 11Analysts Are Updating Their Valero Energy Corporation (NYSE:VLO) Estimates After Its Annual Results
Jan 27Valero Energy: Adjusting Estimates, But It Is A Buy
Jan 12Valero Energy Corporation's (NYSE:VLO) Share Price Is Matching Sentiment Around Its Earnings
Jan 03Valero's A Dividend And Buyback Gem - If It Drops, I'm Buying
Jan 03Here's Why We Think Valero Energy (NYSE:VLO) Might Deserve Your Attention Today
Dec 21Valero Energy: Holding At Current Levels
Dec 11Does Valero Energy (NYSE:VLO) Have A Healthy Balance Sheet?
Dec 08Valero Energy: Buy Rating Fueled By 3% Dividend Yield And Undervaluation
Nov 29Estimating The Fair Value Of Valero Energy Corporation (NYSE:VLO)
Nov 24Shareholders Would Enjoy A Repeat Of Valero Energy's (NYSE:VLO) Recent Growth In Returns
Nov 06Valero Energy: Pressure On Refining Spreads Is Bearish For The Oil Refiner
Nov 02Valero Energy: A Solid Q3 With A Powerful Buyback In Place
Oct 27Valero Energy: Taking To 'Hold' After Solid Run (Rating Downgrade)
Oct 04Valero: Despite Massive Strength, I'm Considering Selling (Rating Downgrade)
Sep 26We Ran A Stock Scan For Earnings Growth And Valero Energy (NYSE:VLO) Passed With Ease
Sep 11Valero Energy (NYSE:VLO) Seems To Use Debt Rather Sparingly
Aug 27Valero: Renewables And Sustainable Fuel Will Contribute To Upside
Aug 25Estimating The Intrinsic Value Of Valero Energy Corporation (NYSE:VLO)
Aug 13Vectoring In On Valero Energy
Jul 24Returns on Capital Paint A Bright Future For Valero Energy (NYSE:VLO)
Jul 24Checking In On The Health Of Valero And Its Markets
Jul 09Valero: U.S. Gasoline Prices Will Soar This Decade As More Refineries Shutter
Jun 14Valero Energy: Keeping A Keen Eye On Diversification Reveals Solid Potential
Jun 05With EPS Growth And More, Valero Energy (NYSE:VLO) Makes An Interesting Case
May 30Estimating The Intrinsic Value Of Valero Energy Corporation (NYSE:VLO)
May 12These 4 Measures Indicate That Valero Energy (NYSE:VLO) Is Using Debt Safely
Apr 30Valero Energy (NYSE:VLO) Is Very Good At Capital Allocation
Apr 16Do Valero Energy's (NYSE:VLO) Earnings Warrant Your Attention?
Feb 21Growth Investors: Industry Analysts Just Upgraded Their Valero Energy Corporation (NYSE:VLO) Revenue Forecasts By 10%
Feb 04Valero Energy Has More Upside Potential
Feb 04Valero Energy Non-GAAP EPS of $8.45 beats by $1.23, revenue of $41.74B misses by $1.57B
Jan 26Under The Bonnet, Valero Energy's (NYSE:VLO) Returns Look Impressive
Jan 10Valero's Dividend: What To Expect In 2023
Dec 29These 4 Measures Indicate That Valero Energy (NYSE:VLO) Is Using Debt Safely
Dec 23Calculating The Fair Value Of Valero Energy Corporation (NYSE:VLO)
Dec 05Valero's Dividend - Prepare For Takeoff
Nov 01Valero: Diesel Margins Will Stay Elevated In A Grim Winter
Oct 23Valero: A Steady, Nominal Growth Story In Essential Markets
Sep 20These 4 Measures Indicate That Valero Energy (NYSE:VLO) Is Using Debt Reasonably Well
Sep 10Valero Energy Corporation's (NYSE:VLO) Intrinsic Value Is Potentially 35% Above Its Share Price
Aug 23Valero Energy: It Doesn't Get Much Better Than This
Aug 23Valero Energy (NYSE:VLO) Is Investing Its Capital With Increasing Efficiency
Aug 05Valero Energy Q2 2022 Earnings Preview
Jul 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$7b |
| Dec 31 2023 | US$20m | US$1m | US$9b |
| Sep 30 2023 | n/a | n/a | US$11b |
| Jun 30 2023 | n/a | n/a | US$11b |
| Mar 31 2023 | n/a | n/a | US$14b |
| Dec 31 2022 | US$8m | US$1m | US$11b |
| Sep 30 2022 | n/a | n/a | US$9b |
| Jun 30 2022 | n/a | n/a | US$7b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$13m | US$970k | US$924m |
| Sep 30 2021 | n/a | n/a | -US$443m |
| Jun 30 2021 | n/a | n/a | -US$1b |
| Mar 31 2021 | n/a | n/a | -US$281m |
| Dec 31 2020 | US$9m | US$940k | -US$1b |
| Sep 30 2020 | n/a | n/a | -US$10m |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$425m |
| Dec 31 2019 | US$11m | US$840k | US$2b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$3b |
| Mar 31 2019 | n/a | n/a | US$3b |
| Dec 31 2018 | US$4m | US$800k | US$3b |
| Sep 30 2018 | n/a | n/a | US$5b |
| Jun 30 2018 | n/a | n/a | US$5b |
| Mar 31 2018 | n/a | n/a | US$4b |
| Dec 31 2017 | US$6m | US$700k | US$4b |
Compensation vs Market: R.'s total compensation ($USD20.14M) is above average for companies of similar size in the US market ($USD13.62M).
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 (57 yo)
4.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.3yrs | US$30.04m | 0.16% $ 82.2m | |
| CEO, President & Director | 4.3yrs | US$20.14m | 0.093% $ 47.7m | |
| Executive VP & CFO | 3.8yrs | US$10.61m | 0.039% $ 20.2m | |
| Executive VP & COO | less than a year | US$10.76m | 0.063% $ 32.5m | |
| Senior VP | 3.8yrs | US$5.92m | 0.030% $ 15.7m | |
| VP of Information Services & Technology | 1.3yrs | no data | no data | |
| Vice President of Investor Relations & Finance | 3.3yrs | no data | no data | |
| Executive Director of Media Relations & Communications | no data | no data | no data | |
| Senior Vice President of Corporate Development & Strategy | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | 8.5yrs | no data | no data | |
| Senior Vice President of Product Supply | 4.3yrs | no data | no data | |
| VP & Treasurer | 3.3yrs | no data | no data |
3.6yrs
Average Tenure
57.5yo
Average Age
Experienced Management: VLO's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 10.3yrs | US$30.04m | 0.16% $ 82.2m | |
| CEO, President & Director | less than a year | US$20.14m | 0.093% $ 47.7m | |
| Lead Independent Director | 18.7yrs | US$365.08k | 0.013% $ 6.8m | |
| Independent Director | 13.3yrs | US$355.06k | 0.033% $ 17.0m | |
| Independent Director | 13.3yrs | US$355.06k | 0.012% $ 6.1m | |
| Independent Director | 4.3yrs | US$330.06k | 0.0019% $ 993.0k | |
| Independent Director | 7.8yrs | US$355.06k | 0.0037% $ 1.9m | |
| Independent Director | 7.8yrs | US$355.06k | 0.0038% $ 1.9m | |
| Independent Director | 19.3yrs | US$330.08k | 0.0097% $ 5.0m | |
| Independent Director | 2.7yrs | US$330.06k | 0.00039% $ 200.7k | |
| Independent Director | 11.8yrs | US$355.06k | 0.0082% $ 4.2m | |
| Independent Director | 1.6yrs | US$330.06k | 0.00020% $ 102.9k |
9.0yrs
Average Tenure
63yo
Average Age
Experienced Board: VLO's board of directors are considered experienced (9 years average tenure).