Valero Energy 8-K
Leadership change
LPL Financial president and CFO Matt Audette joins the board and Audit Committee, adding financial and accounting expertise.
Filed 2026-09-18 08:42 ET
- 5.02 Officer/director change
- 7.01 Regulation FD Disclosure
- 9.01 Financial Statements and Exhibits
Summary
Board appointment. Valero elected Matt Audette, LPL Financial’s president and CFO, as an independent director and appointed him to the Audit Committee, effective 9/17/2026. His initial term runs through the 2027 annual meeting; Valero said his public-company CFO experience will add financial and accounting expertise to the board.
Key Figures
- Board size: increased to 11 members.
- Director compensation: beginning in 2027, annual cash retainer and equity grant components each increase by $10,000. Audette received a pro-rata grant of 372 stock units, scheduled to vest in full on the first anniversary of the grant, and is entitled to a pro-rata annual cash retainer of $101,667.
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