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Valero board executive chairman to retire
The Fly

Valero board executive chairman to retire

Valero (VLO) Energy “announced that Joseph W. Gorder has chosen to retire as Executive Chairman and as a member of the Board effective as of the close of business on December 31, 2024. R. Lane Riggs, Valero’s Chief Executive Officer and President, and member of the Board, has also been elected to the additional position of Chairman of the Board effective as of such date. Mr. Gorder retired as Valero’s CEO effective as of the close of business on June 30, 2023 and has served as Executive Chairman of the Board since that time. In his role as Executive Chairman, Mr. Gorder has led the Board and continued to provide advice and counsel to the CEO and Valero’s leadership on company decisions. Mr. Riggs has served as Valero’s CEO and President, and member of the Board, since the close of business on June 30, 2023.”

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