Valero Energy Corporation has elected Robert L. Reymond as an independent director to its board of directors, effective immediately. Reymond, who has extensive experience in the energy industry, recently served as the Chief Operating Officer of the energy group and a member of the board of directors of Burns & McDonnell, Inc.
Valero Energy Corporation is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products. It owns 15 petroleum refineries in the U.S., Canada, and the U.K. with a combined throughput capacity of approximately 3.2 million barrels per day. Additionally, Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which produces low-carbon fuels with a production capacity of approximately 1.2 billion gallons per year in the U.S. Gulf Coast region. Valero also owns 12 ethanol plants located in the U.S. mid-continent region with a combined production capacity of approximately 1.7 billion gallons per year.
For further details on Valero's operations and financial performance, please visit investorvalero.com. The market has reacted to these announcements by moving the company's shares 0.11% to a price of $163.85. Check out the company's full 8-K submission here.
