In 2023, Joseph W. Gorder earned $12.06M in total compensation at Valero Energy, including $1.44M salary, $4.46M bonus and $5.91M in stock. Most recently acquired 27,030 shares in Feb 2024. Currently holds stock worth $259.56M. Has donated $99.63M in stock to charitable causes. Led Valero Energy as CEO for 9 years.
Compensation History
Annual executive compensation data for Joseph W. Gorder, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$12.06M
Salary
$1.44M
Bonus
$4.46M
Other
$248.90K
Salary
$1.44MBoard Justification
Valero's compensation philosophy emphasizes aligning executive pay with company performance, balancing short- and long-term incentives, and facilitating retention of top executive talent.
Bonus
$4.46MBoard Justification
The annual incentive bonus is based on the achievement of financial, operational, and strategic performance objectives, with a total bonus percentage achieved of 193.62% for 2023.
Other Compensation
$248.90KBoard Justification
Other compensation includes contributions to the Thrift Plan, Excess Thrift Plan, and various benefits such as home security and medical concierge services.
Restricted Stock
Board Justification
The vested stock includes restricted stock that became nonforfeitable in 2023, with a total value realized of $5,910,236.
Performance Metrics
The performance metrics for 2023 included adjusted EPS, health, safety, and environmental performance, mechanical availability, and strategic execution goals.
Joseph W. Gorder
Ex-CEO of Valero Energy
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Energy
Born
January 1, 1958 - 67 years ago
CEO of Valero Energy for
9 years 1 month (May 2014 - Jun 2023)
Previous Experience
President and Chief Operating Officer of Valero
Holdings
Track Joseph W. Gorder's stock holdings and portfolio value over time.
Total Stock Sold
$39.13M
$39.13M
431,622 VLO shares
What if they kept their stock?
If Joseph W. Gorder didn't sell their stock, today they would have:
Extra VLO431,622 shares worth $75.51M.
This is 92.99% and $36.38M more than what they got when they sold the stock.
Charitable Transactions
569,499 shares
VLO
Recent Charitable Transactions
20,000 shares
VLO
Nov 7, 2024
Charity
100,000 shares
VLO
Feb 12, 2024
Charity
44,000 shares
VLO
Aug 14, 2023
Charity
15,000 shares
VLO
Dec 31, 2022
Charity
18,000 shares
VLO
Dec 31, 2021
Charity
29,899 shares
VLO
Dec 16, 2020
Charity
Insider Trading
Joseph W. Gorder's recent stock transactions, purchases, and sales filed with the SEC.
20,000 shares
VLO
Nov 7, 2024
Charity
27,030 shares
VLO
Feb 22, 2024
Received
100,000 shares
VLO
Feb 12, 2024
Charity
44,000 shares
VLO
Aug 14, 2023
Charity
$10.28M
VLO at $135.99/share
Aug 14, 2023
Sale
14,000 shares
VLO
Aug 14, 2023
Charity
46,940 shares
VLO
Feb 23, 2023
Received
15,000 shares
VLO
Dec 31, 2022
Charity
$4.77M
VLO at $127.00/share
Oct 28, 2022
Sale
$1.03M
VLO at $27.32/share
Oct 28, 2022
Received
Rivals
Compare Joseph W. Gorder with competitor CEOs and industry peers.
Ezra Y. Yacob
CEO of EOG Resources
2023 Compensation
Stock
$0.00
Salary
$1.17M
Bonus
$2.52M
Other
$373.14K
Total Holdings
$22.95M
David L. Lamp
CEO of CVR Energy
2022 Compensation
Stock
$0.00
Salary
$1.10M
Bonus
$0.00
Other
$26.31K
Total Holdings
$2.70M
Matthew Lucey
CEO of PBF Energy
2023 Compensation
Stock
$2.99M
Salary
$990.00K
Bonus
$2.83M
Other
$556.35K
Total Holdings
$10.05M
R. Andrew Clyde
Founder and CEO of Murphy USA
2023 Compensation
Stock
$12.53M
Salary
$1.27M
Bonus
$2.43M
Other
$398.23K
Total Holdings
$64.94M
William Monteleone
CEO of Par Pacific Holdings, Inc.
2015 Compensation
Stock
$150.00K
Salary
$350.00K
Bonus
$0.00
Other
$21.38K
Total Holdings
$55.32M