Valero expands board to 11, elects LPL CFO Matt Audette as independent director

VALERO ENERGY CORP/TX

Board grew to 11 members; Audette elected effective Sept 17, 2026, term through 2027 annual meeting.
Audette, President/CFO of LPL Financial (NASDAQ: LPLA), joins Audit Committee immediately; expected to stand for re-election.
Audette receives pro-rata equity grant of 372 stock units vesting in 1 year and cash retainer of $101,667.
Director compensation program boosted starting 2027: $10,000 increase to both annual cash retainer and equity grant components.

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