Valero said on September 18, 2025 it increased its board size to 10 members and elected Robert L. Reymond as a director, with an initial term beginning immediately and expiring at the 2026 annual meeting of stockholders.

1. 01

   Valero said on September 18, 2025 it increased its board size to 10 members and elected Robert L. Reymond as a director, with an initial term beginning immediately and expiring at the 2026 annual meeting of stockholders.

2. 02

   The company said the board appointed Reymond to the Nominating and Corporate Governance Committee effective immediately, and he is expected to stand for re-election at the 2026 annual meeting of stockholders.

3. 03

   Valero said it granted Reymond a pro-rata equity grant of 924 stock units upon his election to the board, scheduled to vest in full on the 1st anniversary of the date of grant, and he is also entitled to receive a pro-rata annual cash retainer of $97,500.

4. 04

   The company said Reymond most recently served as Chief Operating Officer of the Energy Group and as a member of the board of directors of Burns & McDonnell, Inc., where he oversaw the firm's oil, gas and chemicals and power businesses, and founded its nuclear business.

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