Valero Announces Promotion of Gary K. Simmons to Chief Operating Officer
July 20 2023 - 4:06PM
Business Wire
Valero Energy Corporation (NYSE: VLO, “Valero”) announced today
that Gary K. Simmons, Valero’s Executive Vice President and Chief
Commercial Officer, has been promoted and elected by the Board of
Directors as Executive Vice President and Chief Operating Officer
of Valero, effective July 20, 2023.
Gary has led Valero’s commercial organization since 2014 and has
served as Executive Vice President and Chief Commercial Officer
since January 2020. In his new role as Executive Vice President and
Chief Operating Officer, Gary will also have oversight
responsibility for all refining operations.
“Gary has done a great job during his long tenure with Valero,”
said Lane Riggs, Valero’s Chief Executive Officer, President and
member of the Board. “I look forward to continuing to work with him
and our team in advancing our strategy of pursuing excellence in
operations, maintaining discipline on returns and honoring our
commitments to stockholders.”
About Valero
Valero Energy Corporation, through its subsidiaries
(collectively, “Valero”), is a multinational manufacturer and
marketer of petroleum-based and low-carbon liquid transportation
fuels and petrochemical products, and sells its products primarily
in the United States (“U.S.”), Canada, the United Kingdom (“U.K.”),
Ireland and Latin America. Valero owns 15 petroleum refineries
located in the U.S., Canada and the U.K. with a combined throughput
capacity of approximately 3.2 million barrels per day. Valero is a
joint venture member in Diamond Green Diesel Holdings LLC, which
owns two renewable diesel plants located in the U.S. Gulf Coast
region with a combined production capacity of approximately 1.2
billion gallons per year, and Valero owns 12 ethanol plants located
in the U.S. Mid-Continent region with a combined production
capacity of approximately 1.6 billion gallons per year. Valero
manages its operations through its Refining, Renewable Diesel, and
Ethanol segments. Please visit investorvalero.com for more
information.
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