Sundar PichaiSundar Pichai earned $164M in 2023
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William E. Greehey

Ex-CEO of Valero Energy

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1946 - 79 years ago

Economy Sector

Energy

Tenure

0 years 11 months (Jan 2005 - Dec 2005)

Previous Experience

Chief Executive Officer and Chairman of the Board of Valero Energy Corporation

William E. Greehey is a former CEO of Valero Energy Corporation, a major player in the oil refining industry. He became CEO on December 31, 2005, after a strong background with the company, having served as Chairman of the Board...

Year

2005

Total Compensation

$10.77M

Salary

$1.40M

Board Justification

Valero's compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and market benchmarks.

Bonus

$3.50M

Board Justification

Annual incentive bonus based on company performance metrics, approved by the Compensation Committee.

Other

$5.87M

Board Justification

Includes various forms of compensation such as retirement benefits, insurance premiums, and contributions to retirement plans.

Restricted Stock

$0.00(0 Performance Shares)

Board Justification

No stock grants vested in 2005; performance shares subject to vesting based on 2005 performance vested in January 2006 at 150% of target.

Performance Metrics

Earnings per share, total shareholder return, and return on investment compared to peer group.