Valero Energy Corporation (NYSE: VLO) announced today that Joe Gorder, Executive Vice President and Chief Commercial Officer, has been named Executive Vice President and Chief Operating Officer by the company’s Board of Directors. In addition to the company’s commercial operations – which include marketing, supply and transportation – Gorder will also be responsible for refining operations. Accordingly, Lane Riggs, Senior Vice President-Refining Operations, will report to Gorder.
Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Valero subsidiaries employ approximately 22,000 people, and assets include 16 petroleum refineries with a combined throughput capacity of approximately 3 million barrels per day, 10 ethanol plants with a combined production capacity of 1.2 billion gallons per year, and a 50-megawatt wind farm. Approximately 6,800 retail and branded wholesale outlets carry the Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland. Valero is a Fortune 500 company based in San Antonio. Please visit www.valero.com for more information.