– USA, TX – Valero Energy Corporation (NYSE: VLO) today announced the election of Marie Ffolkes to its Board as an independent director, effective immediately.
“We are honored to welcome Marie to our board. She brings a valuable perspective on global operations and multiple industrial sectors through her experience as a business leader,” said Chairman and CEO, Joe Gorder.
Marie Ffolkes will also join the Nominating and Corporate Governance Committee.
About Marie A. Ffolkes
Marie Ffolkes is currently the founder and CEO of Axxelist LLC, a technology real estate company. She recently served as CEO of TriMark USA, LLC, a provider of design services, equipment, and supplies to the food services industry. Ms. Ffolkes has extensive experience in operations, international markets, and multiple sectors, including industrial gas production and the automotive business. She previously served as President, of Industrial Gases, Americas of Air Products & Chemicals, Inc., and in various executive and senior management roles at Tenneco, Inc. and Johnson Controls International plc.
Ms. Ffolkes currently serves on the board of directors of Masco Corporation (NYSE: MAS), a global manufacturing company. She also serves on the Global Advisory Board of the Jerome A. Chazen Institute for Global Business at Columbia Business School.
About Valero
Valero Energy Corporation, through its subsidiaries, is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products. It primarily sells its products in the United States, Canada, the United Kingdom, Ireland, and Latin America. Valero owns 15 petroleum refineries in the U.S., Canada, and the U.K. with a combined throughput capacity of approximately 3.2 million barrels per day. Valero is a joint venture member in Diamond Green Diesel Holdings LLC, which owns a renewable diesel plant in Norco, Louisiana with a production capacity of 700 million gallons per year, and Valero owns 12 ethanol plants located in the Mid-Continent region of the U.S. with a combined production capacity of approximately 1.6 billion gallons per year. Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments.
For more information: https://www.valero.com/
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