People: Valero Energy Corp (VLO)
VLO on New York Consolidated
41.20USD
17 May 2013
41.20USD
17 May 2013
Price Change (% chg)
$1.59 (+4.01%)
$1.59 (+4.01%)
Prev Close
$39.61
$39.61
Open
$39.65
$39.65
Day's High
$41.30
$41.30
Day's Low
$39.59
$39.59
Volume
10,113,715
10,113,715
Avg. Vol
10,486,679
10,486,679
52-wk High
$48.97
$48.97
52-wk Low
$20.00
$20.00
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
William Klesse |
66 | 2013 | Chairman of the Board, Chief Executive Officer |
Joseph Gorder |
55 | 2013 | President, Chief Operating Officer |
Michael Ciskowski |
55 | 2003 | Chief Financial Officer, Executive Vice President |
Kimberly Bowers |
48 | 2012 | Executive Vice President - Retail Marketing |
S. Eugene Edwards |
56 | 2011 | Executive Vice President, Chief Development Officer and Optimization |
Robert Profusek |
62 | 2005 | Lead Independent Director |
Jerry Choate |
75 | 1999 | Independent Director |
Ruben Escobedo |
75 | 1994 | Independent Director |
Deborah Majoras |
49 | 2012 | Independent Director |
Bob Marbut |
77 | 2001 | Independent Director |
Donald Nickles |
64 | 2005 | Independent Director |
Philip Pfeiffer |
65 | 2012 | Independent Director |
Susan Purcell |
70 | 1994 | Independent Director |
Stephen Waters |
66 | 2008 | Independent Director |
Randall Weisenburger |
54 | 2011 | Independent Director |
Rayford Wilkins |
62 | 2011 | Independent Director |
Biographies
| Name | Description |
|---|---|
William Klesse |
Mr. William R. Klesse is Chairman of the Board, Chief Executive Officer of Valero Energy Corp. He was elected Chairman in January 2007, and served as President from January 2008 to November 2012. He has been Valero’s Chief Executive Officer since the end of 2005. He previously served as Valero’s Executive Vice President and Chief Operating Officer from 2003 through 2005, and as Executive Vice President–Refining and Commercial Operations since Valero’s acquisition of Ultramar Diamond Shamrock Corporation (UDS) in 2001. Mr. Klesse’s pertinent experience, qualifications, attributes, and skills include his experience in virtually every aspect of the refining industry during his 44 years of service with UDS and Valero, and the knowledge and experience he has attained through his service on Valero’s Board since 2005 (and as its Chairman since 2007). |
Joseph Gorder |
Mr. Joseph W. Gorder is President, Chief Operating Officer of Valero Energy Corp. He previously served as Executive Vice President and Chief Commercial Officer beginning in January 2011, and formerly led European operations from London office. He previously served as Executive Vice President – Marketing and Supply beginning in December 2005. Prior to that, he held several positions with Valero and Ultramar Diamond Shamrock Corporation with responsibilities for corporate development and marketing. |
Michael Ciskowski |
Mr. Michael S. Ciskowski is Chief Financial Officer, Executive Vice President of Valero Energy Corp. Before that, he served as Executive Vice President - Corporate Development since April 2003, and Senior Vice President in charge of business and corporate development since 2001. |
Kimberly Bowers |
Ms. Kimberly S. Bowers is Executive Vice President - Retail Marketing of Valero Energy Corp. She also serves as Chief Executive Officer and President of Valero’s wholly owned subsidiary, CST Brands, Inc. She previously served as Valero’s Executive Vice President and General Counsel beginning in October 2008, and served as Senior Vice President and General Counsel beginning in April 2006. Before that, she was Valero’s Vice President – Legal Services from 2003 to 2006. She also serves on the board of directors of WPX Energy, Inc. |
S. Eugene Edwards |
Mr. S. Eugene Edwards is Executive Vice President, Chief Development Officer and Optimization of Valero Energy Corp. He previously served as Executive Vice President and Chief Development Officer beginning in January 2011, and Executive Vice President – Corporate Development and Strategic Planning beginning in December 2005. He has held several positions in the company with responsibility for product supply, trading, wholesale marketing, planning and economics, business development, and risk management. |
Robert Profusek |
Mr. Robert A. Profusek is Lead Independent Director of Valero Energy Corp. He is a partner, and heads the mergers and acquisitions department, of the Jones Day law firm. His law practice focuses on mergers, acquisitions, takeovers, restructurings, and corporate governance. Mr. Profusek is also a director of CTS Corporation. He served as a director of the managing general partner of Valero L.P. (now known as “NuStar Energy L.P.”) from 2001 to 2005. He has served as a director of Valero since 2005. |
Jerry Choate |
Mr. Jerry D. Choate is Independent Director of Valero Energy Corp. He is retired from Allstate Corporation at the end of 1998 where he had served as Chairman of the Board and Chief Executive Officer since 1995. He previously served as a director of H&R Block, Inc. from 2006 to 2007 and as a director of Amgen, Inc. from 1998 to 2011. Mr. Choate also serves as a director of Invesco Van Kampen Mutual Funds. He has served on Valero’s Board since 1999. |
Ruben Escobedo |
Mr. Ruben M. Escobedo is Independent Director of Valero Energy Corp. He is a Certified Public Accountant. He owned and operated his public accounting firm, Ruben Escobedo & Company, CPAs, in San Antonio, Texas since its formation in 1977 through 2007. Mr. Escobedo also serves as a director of Cullen/Frost Bankers, Inc. He has served as a director of Valero or its former parent company since 1994. |
Deborah Majoras |
Ms. Deborah Platt Majoras is Independent Director of Valero Energy Corp. She is Chief Legal Officer and Secretary of The Procter & Gamble Company (P&G). She joined P&G in 2008 as Senior Vice President and General Counsel. Previously she served as Chairman of the Federal Trade Commission from 2004 until 2008. From 2001 to 2004, Ms. Majoras was Deputy Assistant Attorney General in the U.S. Department of Justice, Antitrust Division. Ms. Majoras joined the law firm of Jones Day in 1991, where she became a partner in 1999. Ms. Majoras is a member of the boards of trustees of the Cincinnati USA Regional Chamber and the Cincinnati Legal Aid Society. She also serves on the boards of Westminster College and the Leadership Council on Legal Diversity. She is co-chair of the U.S. Chamber of Commerce International Competition Policy Subcommittee. |
Bob Marbut |
Mr. Bob Marbut is Independent Director of Valero Energy Corp. He was a director and Chairman of RISCO U.S. from 2010 until 2011 and, from 2004 through March 2010, was Executive Chairman of Electronics Line 3000 Ltd., a provider of wireless security and remote management solutions that was acquired by RISCO Ltd. in March 2010. He is also a director of Tupperware Brands Corporation. Mr. Marbut was founder, a director, and Chief Executive Officer of SecTecGLOBAL, Inc. from 2002 through 2006. He was also previously Co-Chief Executive Officer of Hearst-Argyle Television, Inc. from 1997 through 2000, Chairman from August 1997 through December 2002, and a director from August 1997 through July 2009. He continues to be Chairman and CEO of Argyle Communications, Inc., a professional services company he founded in 1991. He served as a director of UDS from 1990 until 2001, and has served as a director of Valero since 2001. |
Donald Nickles |
Senator Donald L. Nickles is Independent Director of Valero Energy Corp. He is retired as U.S. Senator from Oklahoma in 2005 after serving in the U.S. Senate for 24 years. He had also served in the Oklahoma State Senate for two years. During his tenure as a U.S. Senator, he was Assistant Republican Leader for six years, Chairman of the Republican Senatorial Committee, and Chairman of the Republican Policy Committee. He served as Chairman of the Budget Committee and as a member of the Finance and Energy and Natural Resources Committees. In 2005, he formed and is the Chairman and Chief Executive Officer of The Nickles Group, a Washington-based consulting and business venture firm. Senator Nickles also serves on the Board of Trustees of Washington Mutual Investors Fund. He has served as a director of Valero since 2005. |
Philip Pfeiffer |
Mr. Philip J. Pfeiffer is Independent Director of Valero Energy Corp. He is Of Counsel in the San Antonio office of Fulbright & Jaworski L.L.P., where he was Partner-in-Charge for 25 years and led the office’s labor and employment practice. Through his 40-year career with the firm, Mr. Pfeiffer assisted employers in management-union matters, complex civil rights matters, employment discrimination cases, affirmative action compliance, employment torts, alternative dispute resolution, employment contracts, and ERISA litigation. He is a state-qualified mediator in Texas, serving as a mediator in employment and civil rights cases, including class actions. He is Chair of the Southwest Research Institute, a non-profit contract research corporation based in San Antonio, Texas. He serves or has served on the boards of many other non-profit organizations including the United Way of San Antonio and Bexar County, St. Mary’s University, San Antonio Medical Foundation, Texas Research and Technology Foundation, and Christus Children’s Hospital Foundation. |
Susan Purcell |
Dr. Susan Kaufman Purcell is Independent Director of Valero Energy Corp. She is Director of the Center for Hemispheric Policy at the University of Miami. The Center examines political, economic, financial, trade, and security issues in Latin America, as well as U.S.-Latin America relations. Dr. Purcell previously served as Vice President of the Council of the Americas, a non-profit business organization of mainly Fortune 500 companies with investments in Latin America, and of the Americas Society, a non-profit educational institution, both in New York City. |
Stephen Waters |
Mr. Stephen M. Waters is Independent Director of Valero Energy Corp. He has been the managing partner of Compass Advisers LLP and its predecessor partnership since 1996 and the Chief Executive of Compass Partners European Equity Fund since 2005. From 1988 to 1996, he served in several capacities at Morgan Stanley, including Co-Head of the Mergers and Acquisitions department from 1990 to 1992, Co-Chief Executive Officer of Morgan Stanley Europe from 1992 to 1996, and as a member of the firm’s worldwide Firm Operating Committee from 1992 to 1996. From 1974 to 1988, he was with Lehman Brothers, co-founding the Mergers and Acquisitions department in 1977, becoming a partner in 1980, and serving as Co-Head of the Mergers and Acquisitions department from 1985 to 1988. Mr. Waters is also Chairman of Boston Private Financial Holdings. He has served as Chairman of the Advisory Board of the Boston University School of Public Health and Chairman of the United States Naval Institute. He has been a director of Valero since 2008. |
Randall Weisenburger |
Mr. Randall J. Weisenburger is Independent Director of Valero Energy Corp. He has served as Omnicom Group Inc.’s Executive Vice President and Chief Financial Officer since joining that company in 1998. Prior to joining Omnicom, he was a founding member of Wasserstein Perella and a former member of the First Boston Corporation. While at Wasserstein Perella, Mr. Weisenburger specialized in private equity investing and leveraged acquisitions, and in 1993, he became President and CEO of the firm’s private equity subsidiary. His other corporate board service includes Carnival Corporation and Carnival PLC, and he is a member of the Board of Overseers for the Wharton School of Business at the University of Pennsylvania. |
Rayford Wilkins |
Mr. Rayford Wilkins Jr., is Independent Director of Valero Energy Corp. He previously served as CEO of Diversified Businesses of AT&T, where he was responsible for international investments, AT&T Interactive, AT&T Advertising Solutions, customer information services, and the consumer wireless initiative in India. He retired from AT&T at the end of March 2012. Mr. Wilkins held several other leadership positions at AT&T and its predecessor companies, including Group President and CEO of SBC Enterprise Business Services and President and CEO of SBC Pacific Bell. He also serves on the boards of América Móvil, the National Urban League, and the Advisory Council of the McCombs School of Business at the University of Texas at Austin. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
William Klesse |
17,083,000 |
Joseph Gorder |
6,211,430 |
Michael Ciskowski |
7,319,730 |
Kimberly Bowers |
3,139,980 |
S. Eugene Edwards |
4,222,120 |
Robert Profusek |
-- |
Jerry Choate |
-- |
Ruben Escobedo |
-- |
Deborah Majoras |
-- |
Bob Marbut |
-- |
Donald Nickles |
-- |
Philip Pfeiffer |
-- |
Susan Purcell |
-- |
Stephen Waters |
-- |
Randall Weisenburger |
-- |
Rayford Wilkins |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
William Klesse |
1,194,237 | 44,334,760 |
Joseph Gorder |
70,575 | 1,104,220 |
Michael Ciskowski |
585,344 | 20,400,790 |
Kimberly Bowers |
169,134 | 2,611,600 |
S. Eugene Edwards |
429,254 | 18,437,030 |
Robert Profusek |
0 | 0 |
Jerry Choate |
0 | 0 |
Ruben Escobedo |
0 | 0 |
Deborah Majoras |
0 | 0 |
Bob Marbut |
0 | 0 |
Donald Nickles |
0 | 0 |
Philip Pfeiffer |
0 | 0 |
Susan Purcell |
0 | 0 |
Stephen Waters |
0 | 0 |
Randall Weisenburger |
0 | 0 |
Rayford Wilkins |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
MARBUT ROBERT G |
4,373 | $36.60 |
ESCOBEDO RUBEN M |
4,373 | $36.60 |
PROFUSEK ROBERT A |
4,373 | $36.60 |
PURCELL SUSAN KAUFMAN |
4,373 | $36.60 |
NICKLES DONALD L |
4,373 | $36.60 |
WEISENBURGER RANDALL J |
4,373 | $36.60 |
CHOATE JERRY D |
4,373 | $36.60 |
WILKINS RAYFORD JR |
4,373 | $36.60 |
PFEIFFER PHILIP J |
4,373 | $36.60 |
WATERS STEPHEN MITCHELL |
4,373 | $36.60 |
MAJORAS DEBORAH P |
4,373 | $36.60 |
BOWERS KIMBERLY S |
20,112 | $39.49 |
KLESSE WILLIAM R |
50,000 | $17.11 |
KLESSE WILLIAM R |
50,000 | $45.49 |
CHOATE JERRY D |
10,000 | $16.03 |
CHOATE JERRY D |
10,000 | $44.21 |
KLESSE WILLIAM R |
46,175 | $17.11 |
KLESSE WILLIAM R |
46,175 | $48.29 |
CISKOWSKI MICHAEL S |
26,102 | $45.67 |
KLESSE WILLIAM R |
100,000 | $47.17 |
KLESSE WILLIAM R |
100,000 | $17.11 |
CALGAARD RONALD K |
18,789 | $46.90 |
PURCELL SUSAN KAUFMAN |
2,500 | $46.85 |
CHOATE JERRY D |
1,647 | $45.93 |
CHOATE JERRY D |
8,000 | $9.46 |

