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Valero Energy logoValero Energy VLO

Valero said director Robert A. Profusek retired from the board on May 6, 2025, in line with Valero's director retirement policy.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Valero said director Robert A. Profusek retired from the board on May 6, 2025, in line with Valero's director retirement policy.

  2. The company said all director nominees were elected at its May 6, 2025 annual meeting of stockholders. Support ranged from 92.82% for Deborah P. Majoras to 99.25% for Marie A. Ffolkes, and terms run until the 2026 annual meeting.

  3. The company said the 2024 advisory vote on executive compensation (Proposal 2) was approved with 74.78% of votes cast in favor. The proposal to ratify KPMG LLP as independent registered public accounting firm for the fiscal year ending December December 31, 2025 (Proposal 3) was approved with 96.03% in favor.

  4. Valero said it entered into stock unit award agreements on May 6, 2025 with each non-employee director who was re-elected. The awards are valued at $200,000 and vest at the 2026 annual meeting of stockholders, followed by an additional 1-year holding period.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Robert A. Profusek Retires from Valero Board

Valero said director Robert A. Profusek retired from the board on May 6, 2025, in line with Valero's director retirement policy.

Source · Based on the filing body and exhibits

Director Election Voting Results

The company said all director nominees were elected at its May 6, 2025 annual meeting of stockholders. Support ranged from 92.82% for Deborah P. Majoras to 99.25% for Marie A. Ffolkes, and terms run until the 2026 annual meeting.

Source · Based on the filing body and exhibits

Compensation and Auditor Proposal Voting Results

The company said the 2024 advisory vote on executive compensation (Proposal 2) was approved with 74.78% of votes cast in favor. The proposal to ratify KPMG LLP as independent registered public accounting firm for the fiscal year ending December December 31, 2025 (Proposal 3) was approved with 96.03% in favor.

Source · Based on the filing body and exhibits

Stock Unit Grants to Re-elected Directors

Valero said it entered into stock unit award agreements on May 6, 2025 with each non-employee director who was re-elected. The awards are valued at $200,000 and vest at the 2026 annual meeting of stockholders, followed by an additional 1-year holding period.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.