R. Lane Riggs
Net Worth
Last updated:
What is R. Lane Riggs net worth?
The estimated net worth of Mr. R. Lane Riggs is at least $58,095,976 as of 18 Jan 2024. He owns shares worth $35,159,047 as insider, has earned $2,336,929 from insider trading and has received compensation worth at least $20,600,000 in Valero Energy Corporation.
What is the salary of R. Lane Riggs?
Mr. R. Lane Riggs salary is $2,060,000 per year as Pres & Chief Operating Officer in Valero Energy Corporation.
How old is R. Lane Riggs?
Mr. R. Lane Riggs is 59 years old, born in 1966.
What stocks does R. Lane Riggs currently own?
As insider, Mr. R. Lane Riggs owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Valero Energy Corporation (VLO) | Pres & Chief Operating Officer | 254,905 | $137.93 | $35,159,047 |
What does Valero Energy Corporation do?
Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Refining, Renewable Diesel, and Ethanol. It produces conventional, premium, and reformulated gasolines; gasoline meeting the specifications of the California Air Resources Board (CARB); diesel fuels, and low-sulfur and ultra-low-sulfur diesel fuels; CARB diesel; other distillates; jet fuels; blendstocks; and asphalts, petrochemicals, lubricants, and other refined petroleum products, as well as sells lube oils and natural gas liquids. As of December 31, 2021, the company owned 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day; and 12 ethanol plants with a combined ethanol production capacity of approximately 1.6 billion gallons per year. It sells its refined products through wholesale rack and bulk markets; and through approximately 7,000 outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils into renewable diesel. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.
R. Lane Riggs insider trading
Valero Energy Corporation
Mr. R. Lane Riggs has made 6 insider trades between 2015-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 31,853 units of VLO stock on 26 Jan 2021. As of 18 Jan 2024 he still owns at least 254,905 units of VLO stock.
Valero Energy key executives
Valero Energy Corporation executives and other stock owners filed with the SEC:
- Mr. Gary K. Simmons (60) Executive Vice President & Chief Commercial Officer
- Mr. Jason W. Fraser (56) Executive Vice President & Chief Financial Officer
- Mr. Joseph W. Gorder (68) Chairman & Chief Executive Officer
- Mr. R. Lane Riggs (59) Pres & Chief Operating Officer
- Ms. Cheryl Thomas (63) Senior Vice President & Chief Technology Officer