Valero re-elects all 10 directors; SVP Eric Fisher to retire July 1, 2026
At its May 7, 2026 annual meeting, Valero stockholders re-elected all 10 director nominees, approved the advisory vote on 2025 executive compensation with 92.23% of votes cast for, and ratified KPMG LLP as auditor for 2026. Separately, Senior Vice President Eric A. Fisher told the company he intends to retire on or about July 1, 2026, as part of a succession plan.
Key points
- Fisher, Senior Vice President Product Supply, Trading and Wholesale, plans to retire on or about July 1, 2026, and will help transition his duties internally.
- Each re-elected director received more than 50% support; Deborah P. Majoras had the lowest, at 94.59% of votes cast.
- Say-on-pay proposal received 92.23% for; KPMG ratification received 96.54% for.
- Non-employee directors received stock unit awards valued at $200,000, vesting at the 2027 annual meeting with a one-year holding period.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.