The estimated Net Worth of R. Lane Riggs is at least $55.1 Million dollars as of 18 January 2024. Mr. Riggs owns over 36,239 units of Valero stock worth over $40,354,686 and over the last 11 years he sold VLO stock worth over $3,544,094. In addition, he makes $11,236,400 as President und Chief Operating Officer at Valero.
R has made over 15 trades of the Valero stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 36,239 units of VLO stock worth $4,816,163 on 18 January 2024.
The largest trade he's ever made was exercising 47,583 units of Valero stock on 31 January 2023 worth over $6,323,781. On average, R trades about 6,018 units every 58 days since 2014. As of 18 January 2024 he still owns at least 303,647 units of Valero stock.
You can see the complete history of Mr. Riggs stock trades at the bottom of the page.
R. Lane Riggs serves as President, Chief Operating Officer of the Company. He previously served as Executive Vice President and Chief Operating Officer (since Jan. 1, 2018), and prior to that as Executive Vice President-Refining Operations and Engineering (since 2014). He has held several leadership positions with Valero overseeing refining operations, crude and feedstock supply, and planning and economics. Mr. Riggs also served on the board of directors of Valero Energy Partners GP LLC (the general partner of Valero Energy Partners LP (NYSE: VLP)) from 2014 to 2019.
As the President und Chief Operating Officer of Valero, the total compensation of R Riggs at Valero is $11,236,400. There are 1 executives at Valero getting paid more, with Joseph Gorder having the highest compensation of $28,176,000.
R Riggs is 54, he's been the President und Chief Operating Officer of Valero since 2020. There are 18 older and 3 younger executives at Valero. The oldest executive at Valero Energy Corp. is Stephen Waters, 73, who is the Independent Director.
R's mailing address filed with the SEC is P.O. BOX 696000, , SAN ANTONIO, TX, 78269-6000.
Over the last 22 years, insiders at Valero have traded over $310,015,030 worth of Valero stock and bought 94,670 units worth $5,322,729 . The most active insiders traders include William E Greehey, Randall J Weisenburger und William R Klesse. On average, Valero executives and independent directors trade stock every 22 days with the average trade being worth of $6,090,143. The most recent stock trade was executed by Fred M Diaz on 9 May 2024, trading 1,944 units of VLO stock currently worth $258,358.
valero energy corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels and other petrochemical products. valero, a fortune 50 company based in san antonio, texas, with approximately 10,000 employees, is an independent petroleum refiner and ethanol producer, and its assets include 15 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day and 11 ethanol plants with a combined production capacity of approximately 1.4 billion gallons per year. the petroleum refineries are located in the united states, canada and the united kingdom, and the ethanol plants are in the mid-continent region of the u.s. in addition, valero owns the 2 percent general partner interest and a majority limited partner interest in valero energy partners lp, a midstream master limited partnership. valero sells its products in both the wholesale rack and bulk markets, and approximately 7,400 outlets carry valero's brand na
Valero executives and other stock owners filed with the SEC include: