Valero Energy Corporation (NYSE: VLO) today announced organizational changes that took place on Jan. 1 as Bill Klesse, former Chief Operating Officer, assumed the role of Chief Executive Officer. All of the following executives will now report to Klesse.
Rich Marcogliese, Senior Vice President of Refinery Operations, has been elected Executive Vice President of Operations by Valero’s Board of Directors. In addition to overseeing Valero’s 18 refineries located throughout North America and the Caribbean, Marcogliese will also oversee the company’s Canadian operation headquartered in Montreal, Canada, and Valero’s logistics operations and development. After 26 years with Exxon, Marcogliese joined Valero in 2000 and has held executive positions in refinery operations and strategic planning.
Joe Gorder, Senior Vice President of Corporate Development, has been elected to the new position of Executive Vice President of Marketing and Supply. He will oversee retail and specialty products marketing, wholesale marketing, crude and feedstock supply and trading, products trading, planning and economics, and transportation. Gorder joined Valero in 2002 after working for a regional investment banking firm. He previously worked for Ultramar Diamond Shamrock in corporate development, commercial and industrial sales, treasury and information systems.
Gene Edwards, Senior Vice President of Product Supply and Trading and Wholesale Marketing, has been elected to the position of Executive Vice President of Corporate Development and Strategic Planning. He will oversee market and economic analysis, corporate development, strategic capital review and strategic planning. Edwards joined Valero in 1982 and has served in many different areas including planning and economics and refinery operations.
Valero President Greg King will continue in his position with his current responsibilities overseeing finance, administration, human resources, information services, corporate security, legal, government affairs and environmental and safety operations.
Mary Rose Brown, Senior Vice President of Corporate Communications, also will continue in her current role managing internal and external communications, corporate branding, corporate philanthropy, special events, sponsorships, promotions, advertising and the Valero Texas Open and Benefit for Children Golf Classic.
“I’m looking forward to working with these individuals and everyone at Valero to build upon Valero’s success in the coming years,” Klesse said.
About Valero
Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 22,000 employees and expected annual revenue of more than $75 billion. The company owns and operates 18 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.3 million barrels per day, making it the largest refiner in North America. Valero is also one of the nation's largest retail operators with approximately 5,000 retail and branded wholesale outlets in the United States, Canada and the Caribbean under various brand names including Valero, Diamond Shamrock, Shamrock, Ultramar, and Beacon. Please visit www.valero.com for more information.>