---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-254583"
form_type: "8-K"
ticker: "VLO"
cik: "0001035002"
company_name: "VALERO ENERGY CORP/TX"
filed_at: "2025-10-29T23:59:59+00:00"
generated_at: "2026-05-17T01:33:39.093459+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Valero announces CFO transition: Jason Fraser to retire Dec 31, Homer Bhullar to become CFO on Jan 1, 2026

## Summary
- Jason Fraser to retire as EVP and CFO on Dec 31, 2025; will remain as employee into Q1 2026.
- Homer Bhullar, VP-Investor Relations and Finance, appointed SVP and CFO effective Jan 1, 2026.
- Bhullar's base salary increased to $770,000; bonus target 85%; LTI target 350% of base.
- Bhullar previously led investor relations and finance since 2021; prior investment banker at J.P. Morgan and Citigroup.

## SEC filing metadata
- accession: 0001193125-25-254583
- form_type: 8-K
- ticker: VLO
- cik: 0001035002
- company_name: VALERO ENERGY CORP/TX
- filed_at: 2025-10-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035002/000119312525254583/0001193125-25-254583-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035002/000119312525254583/d34851d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-254583
- JSON: https://secwatch.observer/filing/0001193125-25-254583.json
- Plain text: https://secwatch.observer/filing/0001193125-25-254583.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.