secwatch.observer — SEC 8-K summary
======================================

Issuer:     VALERO ENERGY CORP/TX (VLO)
CIK:        0001035002
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001193125-25-254583
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035002/000119312525254583/0001193125-25-254583-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035002/000119312525254583/d34851d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-254583

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer