Valero Executive Gene Edwards to Retire

SAN ANTONIO — Valero Energy Corporation (NYSE: VLO) announced that Gene Edwards, Valero’s Executive Vice President and Chief Development Officer, has elected to retire effective April 30.

Edwards began his career with Valero as an Analyst in Planning & Economics in 1982 and then served as Director-Business Development; Director-Petrochemical Products; Vice President-Planning & Business Development; Senior Vice President-Supply, Marketing & Transportation; Senior Vice President-Planning, Business Development & Risk Management; and Senior Vice President-Product Supply & Trading before being promoted to his present position in 2006.

“For nearly 32 years, Gene has provided strong leadership and contributed significantly to our company’s growth and success,” Valero Chairman and CEO Bill Klesse said. “In recent years, Gene was the key driver in our entry into the ethanol business, which has proven to be a key and successful part of Valero, and he has taken the lead in helping us reposition our portfolio over the last few years.  Gene has provided excellent support and advice, which I have valued greatly and will miss.”

Klesse thanked Edwards for the contributions and dedication he has given Valero, and asked Valero employees to join him in thanking Edwards for his service and in wishing him and his family well in his retirement.


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