Valero Energy Corporation Announces CFO Transition
ValeroValero(US:VLO) Businesswire·2025-10-29 10:38

Core Points - Valero Energy Corporation announced the retirement of CFO Jason Fraser, effective December 31, 2025, with Homer Bhullar appointed as the new CFO starting January 1, 2026 [1][2][3] Management Transition - Jason Fraser has been with Valero since 1999 and has held various leadership roles, including General Counsel, contributing significantly to the company's success [2] - Homer Bhullar has been with Valero since 2014 and has served as Vice President-Investor Relations and Finance since April 2021, bringing extensive experience in finance and leadership to the CFO role [3] Company Overview - Valero Energy Corporation is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels, operating 15 refineries with a combined throughput capacity of approximately 3.2 million barrels per day [4][5] - The company also produces low-carbon fuels through its joint venture in Diamond Green Diesel Holdings LLC, with a production capacity of about 1.2 billion gallons per year [5]