Katherine Fogertey
Katherine Fogertey and Scott Mezvinsky be elected to the Board, effective July 22, 2026.
Highest-materiality recent filing
Valvoline issues $600M 6.125% senior notes due 2034; revolver upsized to $600M
Issued $600M aggregate principal of 6.125% senior notes due Aug 15, 2034, unsecured and guaranteed by subsidiaries.
Valvoline prices $600M 6.125% senior notes due 2034; upsized from $500M
Priced $600M aggregate principal of 6.125% senior notes due 2034, upsized $100M from initial $500M offering.
Valvoline Q3 sales up 24% to $545M, raises FY SSS growth guidance to 7.5%-8%
Sales $545M (+24% YoY); system-wide same-store sales +8.0%; adjusted EBITDA $162M (+25%).
Valvoline elects Katherine Fogertey and Scott Mezvinsky to Board of Directors
Elected effective July 22, 2026; Fogertey is former CFO of Shake Shack, Mezvinsky is CEO of KFC division of Yum! Brands.
Valvoline refinances $738M Term B loans; rate SOFR+1.75%, maturity unchanged
Refinanced $738.15M Term B loans via cashless roll and cash; same aggregate principal.
Valvoline Q2 revenue $504M (+25% YoY), SSS +8.2%, adj EPS $0.41; raises FY guidance
Sales $504M (+25% YoY); system-wide store sales $987M (+20%); system-wide SSS +8.2%.
Valvoline appoints Jordan Denny as Chief Accounting Officer and Controller
Denny appointed CAO effective March 6, 2026; succeeds Dione Sturgeon, who moved to VP Treasurer and Tax.
Valvoline Q1 revenue up 11% to $462M; adjusted EPS $0.37 +16%
System-wide same-store sales +5.8%; net store additions of 200 including 162 from Breeze acquisition.
Shareholders approve 2026 Omnibus Incentive Plan and elect all director nominees at annual meeting
98.1M votes for and 12.6M against approval of 2026 Omnibus Incentive Plan, replacing 2016 plan.
Valvoline SVP and former CFO Mary Meixelsperger retires effective Dec 29, 2025
Mary E. Meixelsperger, Senior Vice President, retired from Valvoline on December 29, 2025.
Valvoline hosts investor update; focuses on Breeze Autocare integration and franchise growth
CEO Lori Flees outlines 'Built to Win' strategy; COO discusses operational excellence initiatives.
Valvoline closes $593M Breeze Autocare buy, funds via $740M term loan, divests 45 stores
Net purchase price of $593M for OC IntermediateCo, owner of Breeze Autocare and Oil Changers quick-lube stores.
Valvoline FY2025 sales $1.7B up 6%; Breeze acquisition to close Dec 1 for net $593M
FY2025 revenue $1.7B (+6% YoY); adj. EBITDA $467M (+6%); adj. EPS $1.59 (+1%)
Valvoline nominates Janet Wong and Chris Carr to board; Twinem and Manager retire at 2026 meeting
Mary Twinem and Vada Manager to retire from Board as of 2026 Annual Meeting after 9 years; no disagreement cited.
Valvoline extends Breeze Autocare merger deadline to Nov 15, 2025 amid FTC review
Acquisition of Breeze Autocare (Oil Changers) deadline extended to Nov 15, 2025 from July 1, 2025.
Valvoline Q3 sales $439M (+4%); profit up 18%; adds 46 stores; updates FY guidance
Revenue $439M (+4% reported, +12% adjusting for refranchising); system-wide SSS +4.9%.
Valvoline Q2 sales $403M (+4%), SSS +5.8%, EPS $0.30; reaffirms FY guide; appoints new CFO
Sales $403M, +4% (+11% considering refranchising); system-wide SSS +5.8%.
Valvoline receives FTC Second Request for Breeze Autocare acquisition
Valvoline and Greenbriar each received a Second Request from FTC under HSR Act review.
Valvoline to acquire Breeze Autocare (Oil Changers) for ~$625M in cash
Acquires Breeze Autocare for ~$625M in cash, funded via new Term Loan B; expected close in fiscal Q3 2025.
Valvoline Q1: 11% revenue growth to $414M, adjusted EPS $0.32 (+10%), 35 stores added
Net revenues $414M, +11% YoY; system-wide store sales $820M, +14%.
All nine director nominees elected with >99% of votes cast for each; broker non-votes ~7.3M shares.
Valvoline FY2024 sales $1.6B (+12%), adjusted EBITDA $443M (+17%), store count 2,010
FY2024 revenue from continuing ops $1.6B (+12%); system-wide SSS growth 6.7%.
Valvoline CFO Mary Meixelsperger to retire; successor search underway
CFO Mary Meixelsperger plans to retire, serving until a successor is hired and through a transition period.
Valvoline Q3 sales +12% to $421M, system-wide SSS +6.5%, adds 33 stores, refranchises 17
Net revenues $421.4M (+12% YoY); system-wide same-store sales grew 6.5%.
Valvoline Q2 EPS +74% on 13% revenue growth; system-wide SSS +7.7%
Revenue from continuing ops $389M (+13%); reported EPS $0.33 (+74%), adjusted EPS $0.37 (+61%).
Valvoline completes tender offer for $598.3M of 4.250% Senior Notes due 2030
Accepted $598.3M of $600M outstanding 4.250% Senior Notes due 2030, representing 99.72% of tendered notes.
Valvoline commences cash tender offer for $600M 4.250% Senior Notes due 2030
Tender offer for any and all outstanding $600M 4.250% Senior Notes due 2030.
Valvoline Q1 FY2024: Revenue $373M (+12%), adjusted EPS $0.29 (+81%), SSS +7.1%
Revenue $373M (+12% YoY); system-wide same-store sales +7.1%.
Valvoline shareholders elect all nine director nominees, ratify EY as auditor
All 9 director nominees elected with >98% of votes cast for each.
Valvoline Q4 EPS $0.53 (up 657%), revenue $390M (+16%); FY system-wide SSS +11.9%
Q4 adjusted EPS $0.39 (+86%), reported EPS $0.53 (+657%) on income from continuing ops of $75M.
Valvoline Q3 sales +19%, adj EPS +105%; CEO Mitchell to retire, Flees named successor
Sales from continuing ops $376.2M (+19% YoY); adjusted EPS $0.43 (+105%); system-wide SSS +12.5%.
Valvoline corrects same-store sales growth guidance to 6-9% and marketing spend comment
Long-term same-store sales growth guidance corrected to 6-9% (previously misstated as 3-9%).
Valvoline elects Patrick Pacious, CEO of Choice Hotels, to board of directors
Patrick Pacious elected to Valvoline board effective July 11, 2023; will serve on Compensation Committee.
Valvoline Q2 continuing ops sales +16%, adj EPS +64%; announces $1B Dutch auction tender offer
Completed sale of Global Products on March 1 for $2.38B net proceeds; after-tax gain of $1.15B.
Valvoline board sets annual 'Say on Pay' votes after 96% shareholder support
More than 96% of shares voted for annual advisory Say on Pay vote at 2023 Annual Meeting.
Valvoline completes $2.65B sale of Global Products to Aramco; announces $1.6B buyback
Sale of Global Products to Aramco closed March 1, 2023; purchase price $2.65B cash subject to adjustments.
Valvoline Q1 sales up 16% to $332.8M; reaffirms FY adjusted EBITDA guidance
Sales from continuing operations $332.8M (+16% YoY); system-wide same-store sales +11.9%.
All director nominees elected with at least 148.9M votes for each; Gerald W. Evans Jr. received 149.1M for.
Amended agreement (Jan 13, 2023) sets rules for Valvoline's amended and future returns claiming Legacy Tax Attributes.
Valvoline enters $950M credit facility, CEO Macadam not standing for re-election
New $950M senior secured credit facilities: $475M term loan A and $475M revolver; funds refinancing of existing debt and divestiture-related costs.
Valvoline reports FY2022 adjusted EPS up 9%, announces $1.6B buyback, global products sale on track
Continuing ops revenue $1.2B (+19% YoY); adjusted EBITDA $315.7M (+14%).
Valvoline Q3 net income up 2% to $99M; revenue +21% to $957M; Global Products sale for $2.65B
Net income of $99M ($0.55 EPS) up 4% YoY; adjusted EPS of $0.58 up 5%.
Sale of Global Products business to Aramco affiliate for $2.65B cash; net after-tax proceeds ~$2.25B to be used for share repurchases, debt reduction, and retail investments.
Valvoline Q2 net income up 19% to $81M; sales +26% to $886M; reaffirms FY guidance
Reported EPS $0.45 (+22% YoY); adjusted EPS $0.48 flat; adjusted EBITDA $158M (+1%).
Valvoline appoints Jennifer Slater to Board; Stephen Kirk to retire June 30
Stephen Kirk to retire from Board effective June 30, 2022; not due to any disagreement.
Valvoline Q1 sales up 31% to $858M; adjusted EPS $0.48 +12%
Reported net income $87M flat; EPS $0.48 +2%; adjusted EBITDA $156M +5%.
Valvoline shareholders elect all 9 director nominees, ratify auditor, approve say-on-pay
91.89% of shares represented, constituting a quorum; all nine director nominees elected with >96% votes for each.
Valvoline Q4/FY2021: EPS $2.29 (+36%), sales $3B (+27%); reiterates separation plan
FY2021 reported net income $420M (+32%), EPS $2.29; adjusted EPS $1.95 (+37%).
Valvoline to pursue separation of Retail Services and Global Products; prelim FY2021 sales $3B
Preliminary FY2021 sales of $3B (+27% YoY); adjusted EBITDA and adjusted EPS within prior guidance.
Valvoline Chief Supply Chain Officer Craig Moughler to retire; Thomas Gerrald named successor
Craig A. Moughler, SVP & Chief Supply Chain Officer, to retire effective Oct 31, 2021 after ~34 years.
Katherine Fogertey and Scott Mezvinsky be elected to the Board, effective July 22, 2026.
Katherine Fogertey and Scott Mezvinsky be elected to the Board, effective July 22, 2026.
the Board of Directors of Valvoline has appointed J. Kevin Willis, as Chief Financial Officer of the Company, effective May 19, 2025.
Mr. Willis succeeds Mary E. Meixelsperger, who previously announced her intention to retire in October 2024.
Samuel J. Mitchell, Jr., the Company’s Chief Executive Officer (“CEO”) and a member of the Board of Directors (the “Board”), notified the Company’s Board on August 3, 2023 of his intention to retire as CEO and as a member of the Board, effective as of the close of business on September 30, 2023.
The Board has appointed Lori A. Flees, the Company’s President, Retail Services, to succeed Mr. Mitchell as CEO, effective October 1, 2023.
Samuel J. Mitchell, Jr., the Company’s Chief Executive Officer (“CEO”) and a member of the Board of Directors (the “Board”), notified the Company’s Board on August 3, 2023 of his intention to retire as CEO and as a member of the Board, effective as of the close of business on September 30, 2023.
the Board also approved the recommendation of the Governance & Nominating Committee of the Board that Ms. Flees be elected to the Board, effective October 1, 2023.
On July 11, 2023, the Board of Directors (the “ Board ”) of Valvoline Inc. (the “ Company ”) approved the recommendation of the Governance & Nominating Committee of the Board that Patrick Pacious be elected to the Board, effective July 11, 2023.
On March 1, 2023, Jamal K. Muashsher, Valvoline’s Senior Vice President and President, Global Products; Thomas A. Gerrald II, Valvoline’s Senior Vice President and Chief Supply Chain Officer; and Michael S. Ryan, Valvoline’s Chief Accounting Officer, each resigned as executive officers of Valvoline to assume roles with VGP in connection with the Transaction.
Effective March 1, 2023, the Board of Directors of Valvoline appointed Dione R. Sturgeon, age 45, as Chief Accounting Officer and Controller of Valvoline.
On March 1, 2023, Jamal K. Muashsher, Valvoline’s Senior Vice President and President, Global Products; Thomas A. Gerrald II, Valvoline’s Senior Vice President and Chief Supply Chain Officer; and Michael S. Ryan, Valvoline’s Chief Accounting Officer, each resigned as executive officers of Valvoline to assume roles with VGP in connection with the Transaction.
Max materiality 0.95 · Median 0.65 · Most common event earnings