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Valero Energy ( (VLO) ) has shared an announcement.
Valero Energy Corporation has announced the retirement of Joseph W. Gorder as Executive Chairman and board member by the end of 2024, with R. Lane Riggs, current CEO and President, stepping up as the new Chairman of the Board. This leadership transition, which decreases the board size to 10, is part of Valero’s strategic planning, though actual outcomes may vary due to unforeseen factors.
For an in-depth examination of VLO stock, go to TipRanks’ Stock Analysis page.