Current role
Oil & Gas Refining & Marketing · Energy
Chairman, CEO, Board Member, COO
2020-01-23–present
R. Lane Riggs
Chairman
Valero Energy Corp (VLO)Board Member
Valero Energy Corp (VLO)Equibles does not estimate personal net worth.
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Get VLO alertsAbout R. Lane Riggs
R. Lane Riggs is recorded as Chairman at Valero Energy Corp (VLO) since December 31, 2024, CEO and Board Member at Valero Energy Corp (VLO) since June 30, 2023 and COO at Valero Energy Corp (VLO) since January 23, 2020. Valero Energy Corp reported in an 8-K filed October 30, 2024 that R. Lane Riggs was appointed Chairman of the Board, effective December 31, 2024. Valero Energy Corp reported in an 8-K filed May 12, 2023 that R. Lane Riggs was appointed member of the Board, effective June 30, 2023. Valero Energy Corp reported in an 8-K filed May 12, 2023 that R. Lane Riggs was appointed Chief Executive Officer and President, effective June 30, 2023. The proxy statement of Valero Energy Corp reports total compensation of $34,228,523 for R. Lane Riggs in fiscal 2025, including a base salary of $1,720,000. Disclosed compensation is on record for 5 fiscal years. Valero Energy Corp is classified in the Oil & Gas Refining & Marketing industry within the Energy sector. Other leadership on record at Valero Energy Corp includes Joseph W. Gorder (Chairman), Homer Bhullar (CFO), Gary K. Simmons (COO) and 7 others.
“the Board has elected R. Lane Riggs, Valero's Chief Executive Officer and President, and member of the Board, to the additional position of Chairman of the Board effective as of the Effective Date.”
“R. Lane Riggs, Valero's President and Chief Operating Officer will become Chief Executive Officer and President and a member of the Board.”
Affiliation history
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Current
2024-12-31–present
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Current
2023-06-30–present
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Current
2023-06-30–present
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Current
2020-01-23–present
Company network
Leadership on record at Valero Energy Corp
- Joseph W. Gorder Chairman
- Homer Bhullar CFO
- Gary K. Simmons COO
- Cheryl L. Thomas CTO
- Richard J. Walsh General Counsel
- Richard Walsh General Counsel
- Jason Fraser Chief Accounting Officer
- Deborah P. Majoras Board Member
- Eric D. Mullins Board Member
- Fred M. Diaz Board Member
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Valero Energy Corp (VLO) | Chairman, Chief Executive Officer and President | $1,720,000 | $34,228,523 |
| 2024 | Valero Energy Corp (VLO) | Chairman of the Board, Chief Executive Officer and President | $1,650,000 | $22,412,292 |
| 2023 | Valero Energy Corp (VLO) | Chairman of the Board, Chief Executive Officer and President | $1,250,000 | $20,140,932 |
| 2022 | Valero Energy Corp (VLO) | Chairman of the Board, Chief Executive Officer and President | $1,015,000 | $8,422,816 |
| 2021 | Valero Energy Corp (VLO) | Chief Executive Officer and President | $970,000 | $13,142,623 |