| CEO Name | Lane Riggs |
| Nationality | United States |
| Net Worth Estimation | $25 million |
Lane Riggs' estimated net worth of around $25 million results from his long-standing executive roles at Valero Energy Corporation, significant annual compensation, bonuses, and accumulated stock awards. His financial trajectory is further strengthened by his tenure in the company and board memberships, all contributing to this valuation.
Lane Riggs, CEO of Valero Energy Corporation, has an estimated net worth of $25,000,000, which is 3.2% of the maximum and 24 times the minimum CEO net worth in the energy sector. His net worth is situated toward the lower-middle range compared to the industry's CEO net worth spectrum ($1,000,000-$800,000,000).
Business Category: Energy
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 800000000 USD
Lane Riggs Performance in Valero Energy Corporation
Lane Riggs, CEO of Valero Energy Corporation, demonstrates strategic leadership by driving operational efficiency and sustainability initiatives within the energy sector. His decision-making focuses on optimizing refinery operations and expanding renewable fuel production, enhancing the company's competitive edge. Under his leadership, Valero has improved financial performance and advanced its commitment to environmental responsibility, solidifying its market position.
Latest News
Valero Energy Corporation Announces CFO Transition and Reports Strong Q3 2025 Results
Valero Energy Corporation recently announced CFO Jason Fraser's retirement effective December 31, 2025, with Homer Bhullar appointed as his successor starting January 1, 2026. CEO Lane Riggs highlighted robust third-quarter 2025 financial results, reporting $1.1 billion net income and record refinery throughput utilization of 97%, underscoring operational excellence.
Source: http://investorvalero.com/news/news-details/2025/Valero-Energy-Corporation-Announces-CFO-Transition/default.aspx