Joseph Gorder’s stake in Valero Energy has seen considerable value, especially as he holds a significant number of shares that directly tie his interests to the company's success. During his tenure as CEO, his wealth fluctuated, particularly with bonuses and...
Joseph Gorder’s stake in Valero Energy has seen considerable value, especially as he holds a significant number of shares that directly tie his interests to the company's success. During his tenure as CEO, his wealth fluctuated, particularly with bonuses and stock vesting. In 2023, he had over 63,000 vested shares, worth approximately $5.9 million. This connectivity to shareholder value shows that he has a vested interest in the performance of Valero, and his stock holdings reflect his belief in the company’s growth potential. Compared to earlier years, when his wealth was more reliant on salary and bonus structures, now his holdings play a bigger role in his overall wealth. Although specific insider trading details weren't revealed, it's clear his holdings align with Valero's performance, promoting a culture of accountability and growth.