R. Lane Riggs's holdings in Valero Energy reflect his strong belief in the company’s future. Recently, reports indicate significant fluctuations in his stock value as the company pivots towards more sustainable practices. In 2023, Riggs was granted restricted stock worth...
R. Lane Riggs's holdings in Valero Energy reflect his strong belief in the company’s future. Recently, reports indicate significant fluctuations in his stock value as the company pivots towards more sustainable practices. In 2023, Riggs was granted restricted stock worth over $2 million, showing strong potential for growth but also illustrating the risks of a volatile market. His wealth has been directly tied to Valero’s stock performance, emphasizing the connection between his leadership and company health. As CEO, he has seen some highs and lows - but his continued focus on sustainable energy is likely to influence the company's stock positively in the long run. In summary, Riggs has a notable financial stake in the company's trajectory, reflecting a win-win for both him and Valero's future efforts in clean energy solutions.