Valero Energy adds Matt Audette, LPL Financial CFO, to its board of directors
Valero Energy's board increased its size to 11 members on September 17, 2026, and elected Matthew Audette as a director with a term ending at the 2027 annual meeting. Audette, who is President and CFO of LPL Financial Holdings, also joined the board's Audit Committee, and the board approved a $10,000 increase to both the cash retainer and equity grant components of director pay beginning in 2027. The filing covers a board appointment and does not report financial results or changes to operations.
Key points
- Matt Audette elected to the board on September 17, 2026; board size increased to 11 members
- Audette appointed to the Audit Committee, effective immediately
- Audette received a pro-rata grant of 372 stock units and a pro-rata annual cash retainer of $101,667
- Board approved a $10,000 increase to annual cash retainer and equity grant components beginning in 2027
The filing
Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing 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 September 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.