Joseph W. Gorder (commonly known as Joe Gorder) served as CEO of Valero Energy Corporation from May 2014 through June 2023, leading the world’s largest independent petroleum refiner through a transformative decade. Under Gorder’s leadership, Valero expanded its refining capacity, became a leader in renewable fuels, and consistently returned billions to shareholders. The San Antonio-based Fortune 500 company operates 15 refineries with a combined throughput capacity of approximately 3.2 million barrels per day across the United States, Canada, and the United Kingdom. Gorder also held the position of Chairman of the Board from 2014 through 2024.

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Valero Energy Competitors

As one of the world’s largest petroleum refiners, Valero Energy competes with major integrated and independent energy companies. The key competitors of Valero Energy include:

• Marathon Petroleum Corporation (NYSE: MPC) – largest U.S. refiner by capacity (2.96 million bpd)
• Phillips 66 (NYSE: PSX) – major independent refiner and midstream operator
• ExxonMobil Corporation (NYSE: XOM) – integrated oil and gas supermajor
• Chevron Corporation (NYSE: CVX) – global integrated energy company
• HF Sinclair Corporation (NYSE: DINO) – independent refiner and renewable diesel producer
• PBF Energy (NYSE: PBF) – major East Coast and Mid-Continent refiner
• Suncor Energy (TSX: SU) – Canadian integrated energy company with significant refining operations

Joseph Gorder – Quick Facts

Joseph Gorder Net Worth 2026 – Valero CEO Salary

As of 2026, Joseph Gorder’s net worth is estimated at approximately $93–125 million USD, primarily based on his disclosed Valero Energy stock holdings accumulated over decades with the company. According to SEC filings, Gorder held approximately 591,872 shares of Valero Energy stock (VLO) worth over $93 million as of his last reported insider filings.

Valero CEO Compensation Breakdown (FY2022)

Valero Energy Net Worth 2026 – Company Financials

Valero Energy Corporation is a highly profitable Fortune 500 company. Under both former CEO Joseph Gorder and current CEO Lane Riggs, the refining giant has delivered strong financial performance and consistent shareholder returns.

Valero Energy Financial Summary (FY2024)

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Contact Joseph Gorder – Email Address & Social Media

Below are the contact details and corporate information for former Valero CEO Joseph Gorder:

Career & Education – Company, University, & College

Joseph Gorder spent the majority of his career in the petroleum refining industry, rising from early positions at Diamond Shamrock to ultimately lead Valero Energy Corporation as CEO and Chairman. His career reflects deep operational expertise spanning refining, commercial trading, marketing, and corporate strategy.

Joseph Gorder Career Timeline

Before joining Valero, Joe Gorder held several positions at Diamond Shamrock, including Director of Commercial/Industrial Sales, Assistant Treasurer, and Director of Information Systems. He then moved to Ultramar Diamond Shamrock as Vice President of Business Development. When Valero acquired Ultramar Diamond Shamrock, Gorder joined the Valero leadership team and steadily rose through the ranks.

At Valero Energy, Gorder served as Senior Vice President of Corporate Development and Strategic Planning, followed by Executive Vice President of Marketing and Supply starting in December 2005. In January 2011, he was named Executive Vice President and Chief Commercial Officer, also serving as President of Valero Europe and leading operations from the company’s London office. In November 2012, he became President and Chief Operating Officer, and on May 1, 2014, he was appointed CEO. He also became Chairman of the Board on December 31, 2014.

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Education

Joseph Gorder Wiki – Age, Family, & More

Former Valero CEO Joseph W. Gorder (age 68, born May 1957) is based in San Antonio, Texas. He is married to Lacie Gorder, and the couple has two children: son Casey and daughter Allie. The Gorders are also grandparents to seven grandchildren.

Joe and Lacie Gorder are dedicated philanthropists, particularly in the area of congenital heart disease research. Their passion for the cause stems from a personal connection — Lacie’s younger sister, Melinda Lou Miller, was born with a hole in her heart and passed away at just three months old. Through the Gorder President’s Endowment at UT Health San Antonio, the couple has funded critical research in pediatric heart disease. In 2023, they also invested $1 million in scholarships at Ole Miss.

Notable Achievements & Board Memberships

• Dallas Fed Energy Council – Member of the Federal Reserve Bank of Dallas Energy Advisory Council
• American Petroleum Institute – Former member of the API Board of Directors
• Anadarko Petroleum – Former Board of Directors member
• United Way of San Antonio – Active community supporter in the San Antonio area
• UT Health San Antonio – Honored at the President’s Gala for philanthropic contributions to heart disease research

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About Valero Energy Corporation

Valero Energy Corporation is an American multinational petroleum refining and renewable fuels company headquartered in San Antonio, Texas. Founded in 1980 as a spinoff from Coastal States Gas Corporation, Valero has grown into the world’s largest independent petroleum refiner and the largest renewable fuels producer in North America.

Valero trades on the New York Stock Exchange under the ticker symbol VLO. The company employs approximately 9,810 people and is a Fortune 500 company ranked among the top 25 by revenue. Valero is also the second-largest corn ethanol producer in the United States and a major player in the renewable diesel market through its Diamond Green Diesel joint venture.

Frequently Asked Questions (FAQ)

Who is the current CEO of Valero Energy?

The current CEO of Valero Energy is R. Lane Riggs, who assumed the role on July 1, 2023, succeeding Joseph Gorder. Riggs also became Chairman of the Board on January 1, 2025. He has been with Valero since 1989 and previously served as President and Chief Operating Officer.

What is Joseph Gorder’s net worth in 2026?

As of 2026, Joseph Gorder’s net worth is estimated at approximately $93–125 million USD, primarily derived from his substantial Valero Energy stock holdings. He held approximately 591,872 shares of VLO stock according to SEC filings.

What was Valero CEO Joseph Gorder’s salary?

Joseph Gorder’s total compensation for fiscal year 2022 was approximately $9.58 million, including a $1.56 million base salary, $6 million annual cash bonus, $1.8 million in equity awards, and $221,849 in pension and other compensation.

What is Valero CEO’s email address?

Former Valero CEO Joseph Gorder’s email address was [email protected]. The company’s investor relations team can be reached at [email protected]. Valero’s corporate headquarters phone number is (210) 345-2000.

Why did Joseph Gorder leave Valero?

Joseph Gorder retired from the CEO role effective June 30, 2023, as part of a planned succession. He then served as Executive Chairman of the Board until his full retirement on December 31, 2024. R. Lane Riggs, a 34-year Valero veteran, succeeded him as CEO.

Is Valero Energy a profitable company?

Yes, Valero Energy is profitable. In fiscal year 2024, the company reported net income of $2.8 billion ($8.58 per share) on revenue of $124 billion. In 2024, Valero returned $4.3 billion to shareholders through $2.9 billion in buybacks and $1.4 billion in dividends.

Article last updated:March 2026March 2026