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Valero Energy Corporation Elects Matt Audette to its Board of Directors

  • Valero Energy Corporation elected Matt Audette as an independent director to its board & Audit Committee effective immediately.
  • Audette currently serves as President & Chief Financial Officer of LPL Financial Holdings Inc., where he oversees financial, risk, compliance, supervision, client service, & operations functions.
  • Prior to LPL, Audette was Executive Vice President & CFO of E*TRADE Financial Corporation.
  • Chairman & CEO Lane Riggs stated Audette's 15+ years of experience as a public company CFO will enhance the board's financial & accounting expertise.
  • Audette holds a B.S. in accounting from Virginia Tech & began his career in public accounting, auditing, & advising financial services clients.
  • Valero operates 14 petroleum refineries in the U.S., Canada, & the U.K. with a combined throughput capacity of approximately 3.0 million barrels per day.
  • Valero is a joint venture member in Diamond Green Diesel Holdings LLC, producing approximately 1.2 billion gallons of low-carbon fuels annually in the U.S. Gulf Coast region.
  • Valero owns 12 ethanol plants in the U.S. Mid-Continent region with a combined production capacity of approximately 1.7 billion gallons per year.
  • Valero manages operations through its Refining, Renewable Diesel, & Ethanol segments & sells products primarily in the U.S., Canada, the U.K., Ireland, & Latin America.