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VALERO ENERGY CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and VALERO ENERGY CORP.’s Form 8-K, filed May 9, 2025 (Item 5.07 on EDGAR). Page generated November 1, 2026.

  • 11Ballot items
  • 1,077Asset managers
  • 11,273Fund votes
  • May 6, 2025Meeting date

Results at a glance

Meeting of May 6, 2025: 11 items on VALERO ENERGY CORP.’s Form 8-K, filed May 9, 2025: 2 approved · 9 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore VALERO ENERGY CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by VALERO ENERGY CORP.

These tallies are VALERO ENERGY CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 9, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

VALERO ENERGY CORP. — official shareholder meeting results, meeting held May 6, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Fred M. Diaz 242,147,9072,307,409504,802 --33,486,474 99.0%Not verified—
Elect Director: H. Paulett Eberhart 237,031,2257,436,501492,392 --33,486,474 97%Not verified—
Elect Director: Marie A. Ffolkes 242,545,9521,832,567581,599 --33,486,474 99.2%Not verified—
Elect Director: Kimberly S. Greene 239,849,8544,647,500462,764 --33,486,474 98%Not verified—
Elect Director: Deborah P. Majoras 226,600,01617,518,465841,637 --33,486,474 93%Not verified—
Elect Director: Eric D. Mullins 239,739,2314,728,857492,030 --33,486,474 98%Not verified—
Elect Director: R. Lane Riggs 230,526,60513,825,659607,854 --33,486,474 94%Not verified—
Elect Director: Randall J. Weisenburger 228,384,88116,088,642486,595 --33,486,474 93%Not verified—
Elect Director: Rayford Wilkins, Jr. 229,413,05015,056,183490,885 --33,486,474 94%Not verified—
2. Advisory vote to approve the 2024 compensation of Valero’s named executive officers, as described in the Proxy Statement 183,190,79160,721,5231,047,804 --33,486,474 75%Approved—
3. Ratify the appointment of KPMG LLP to serve as Valero’s independent registered public accounting firm for the fiscal year ending December 31, 2025 267,399,08410,358,540688,968 ---- 96%Approved—

This meeting is also recorded here as May 14, 2025; both records come from the same filing, so the date should be checked against it.

Source: VALERO ENERGY CORP., Form 8-K, filed with the SEC on May 9, 2025 — read the filing on EDGAR.

How asset managers voted at the VALERO ENERGY CORP. 2024-2025 meeting

Each item below shows how the 1,077 asset managers that disclosed a VALERO ENERGY CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Fred M. Diaz

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99.0% Majority: yes · of votes cast

FOR 99.0%
FOR: 242,147,907AGAINST: 2,307,409
Details: description as filed, official tally, votes by 185 asset managers

Description as filed by funds: Elect directors to serve until the 2026 Annual Meeting of Stockholders: Fred M. Diaz

VALERO ENERGY CORP.’s own tally for this item (“Elect Director: Fred M. Diaz”): 242,147,907 for, 2,307,409 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.0% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 185 asset managers below reported 110,331,246 for, 1,007 against, 24,219 abstained.

FOR
FOR: 110,331,246AGAINST: 1,007ABSTAIN: 24,219
Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Fred M. Diaz” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,839,5151 00For
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,213,7250 00For
State Street8,794,6720 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

2. Elect Director: H. Paulett Eberhart

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 237,031,225AGAINST: 7,436,501
Details: description as filed, official tally, votes by 185 asset managers

Description as filed by funds: Elect directors to serve until the 2026 Annual Meeting of Stockholders: H. Paulett Eberhart

VALERO ENERGY CORP.’s own tally for this item (“Elect Director: H. Paulett Eberhart”): 237,031,225 for, 7,436,501 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 185 asset managers below reported 108,501,962 for, 1,830,291 against, 24,219 abstained.

FOR
FOR: 108,501,962AGAINST: 1,830,291ABSTAIN: 24,219
Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: H. Paulett Eberhart” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,141,8271,697,689 00Mixed
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,213,7250 00For
State Street8,794,6720 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

3. Elect Director: Marie A. Ffolkes

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 242,545,952AGAINST: 1,832,567
Details: description as filed, official tally, votes by 185 asset managers

Description as filed by funds: Elect directors to serve until the 2026 Annual Meeting of Stockholders: Marie A. Ffolkes

VALERO ENERGY CORP.’s own tally for this item (“Elect Director: Marie A. Ffolkes”): 242,545,952 for, 1,832,567 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 185 asset managers below reported 110,221,436 for, 65 against, 134,971 abstained.

FOR
FOR: 110,221,436AGAINST: 65ABSTAIN: 134,971
Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Marie A. Ffolkes” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,839,5151 00For
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,213,7250 00For
State Street8,794,6720 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

4. Elect Director: Kimberly S. Greene

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 239,849,854AGAINST: 4,647,500
Details: description as filed, official tally, votes by 185 asset managers

Description as filed by funds: Elect directors to serve until the 2026 Annual Meeting of Stockholders: Kimberly S. Greene

VALERO ENERGY CORP.’s own tally for this item (“Elect Director: Kimberly S. Greene”): 239,849,854 for, 4,647,500 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 185 asset managers below reported 110,305,746 for, 26,508 against, 24,218 abstained.

FOR
FOR: 110,305,746AGAINST: 26,508ABSTAIN: 24,218
Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Kimberly S. Greene” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,839,5151 00For
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,213,7250 00For
State Street8,794,6720 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

5. Elect Director: Deborah P. Majoras

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 226,600,016AGAINST: 17,518,465
Details: description as filed, official tally, votes by 185 asset managers

Description as filed by funds: Elect directors to serve until the 2026 Annual Meeting of Stockholders: Deborah P. Majoras

VALERO ENERGY CORP.’s own tally for this item (“Elect Director: Deborah P. Majoras”): 226,600,016 for, 17,518,465 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 185 asset managers below reported 105,830,526 for, 4,501,714 against, 24,231 abstained.

FOR
FOR: 105,830,526AGAINST: 4,501,714ABSTAIN: 24,231
Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Deborah P. Majoras” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,839,5115 00For
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,112,659101,066 00For
State Street8,793,883789 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA03,804,203 00Against
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

6. Elect Director: Eric D. Mullins

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 239,739,231AGAINST: 4,728,857
Details: description as filed, official tally, votes by 185 asset managers

Description as filed by funds: Elect directors to serve until the 2026 Annual Meeting of Stockholders: Eric D. Mullins

VALERO ENERGY CORP.’s own tally for this item (“Elect Director: Eric D. Mullins”): 239,739,231 for, 4,728,857 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 185 asset managers below reported 110,164,258 for, 167,995 against, 24,219 abstained.

FOR
FOR: 110,164,258AGAINST: 167,995ABSTAIN: 24,219
Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Eric D. Mullins” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,839,5141 00For
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,213,7250 00For
State Street8,794,6720 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

7. Elect Director: R. Lane Riggs

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 230,526,605AGAINST: 13,825,659
Details: description as filed, official tally, votes by 185 asset managers

Description as filed by funds: Elect directors to serve until the 2026 Annual Meeting of Stockholders: R. Lane Riggs

VALERO ENERGY CORP.’s own tally for this item (“Elect Director: R. Lane Riggs”): 230,526,605 for, 13,825,659 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 185 asset managers below reported 110,191,676 for, 137,503 against, 27,293 abstained.

FOR
FOR: 110,191,676AGAINST: 137,503ABSTAIN: 27,293
Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: R. Lane Riggs” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,839,5124 00For
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,213,7250 00For
State Street8,794,65220 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

8. Elect Director: Randall J. Weisenburger

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 228,384,881AGAINST: 16,088,642
Details: description as filed, official tally, votes by 185 asset managers

Description as filed by funds: Elect directors to serve until the 2026 Annual Meeting of Stockholders: Randall J. Weisenburger

VALERO ENERGY CORP.’s own tally for this item (“Elect Director: Randall J. Weisenburger”): 228,384,881 for, 16,088,642 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 185 asset managers below reported 108,289,362 for, 2,042,892 against, 24,218 abstained.

FOR
FOR: 108,289,362AGAINST: 2,042,892ABSTAIN: 24,218
Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Randall J. Weisenburger” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard28,141,8241,697,692 00Mixed
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,213,7250 00For
State Street8,794,60468 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

9. Elect Director: Rayford Wilkins, Jr.

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 229,413,050AGAINST: 15,056,183
Details: description as filed, official tally, votes by 185 asset managers

Description as filed by funds: Elect directors to serve until the 2026 Annual Meeting of Stockholders: Rayford Wilkins, Jr.

VALERO ENERGY CORP.’s own tally for this item (“Elect Director: Rayford Wilkins, Jr.”): 229,413,050 for, 15,056,183 against, per its Form 8-K filed May 9, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 185 asset managers below reported 109,996,705 for, 335,549 against, 24,218 abstained.

FOR
FOR: 109,996,705AGAINST: 335,549ABSTAIN: 24,218
Largest asset managers voting on “Elect directors to serve until the 2026 Annual Meeting of Stockholders: Rayford Wilkins, Jr.” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,839,5114 00For
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,213,7250 00For
State Street8,794,60468 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 185 asset managers. See all 185 in the interactive database.

10. 2. Advisory vote to approve the 2024 compensation of Valero’s named executive officers, as described in the Proxy…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 28 wordings of this item as funds reported it.

75% Approved · of votes cast

FOR 75%AGAINST
FOR: 183,190,791AGAINST: 60,721,523
Details: description as filed, official tally, votes by 1,049 asset managers

Description as filed by funds: Advisory vote to approve the 2024 compensation of named executive officers.

VALERO ENERGY CORP.’s own tally for this item (“2. Advisory vote to approve the 2024 compensation of Valero’s named executive officers, as described in the Proxy Statement”): 183,190,791 for, 60,721,523 against — passed, per its Form 8-K filed May 9, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The proposal was approved as follows: Proposal 2 shares voted required vote * vote received Proposal 2”
Support: 75% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of VALERO ENERGY CORP.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “SECTION 14A EXECUTIVE COMPENSATION” (23 managers, 82,369 for, 7,214 against, 3,938 unknown); “SECTION 14A SAY-ON-PAY VOTES” (2 managers, 618 for).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 182 asset managers voting on “Advisory vote to approve the 2024 compensation of named executive officers.” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,837,0172,499 00For
Charles Schwab11,036,2020 00For
Fidelity9,849,99043,460 00For
BlackRock9,200,18913,536 00For
State Street8,793,0691,603 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional03,476,311 00Against
Putnam3,028,1900 00For
Victory Capital01,962,788 00Against
MFS1,276,4390 00For
Jackson National1,038,12710,230 00For
Allspring01,046,158 00Against
Prudential/PGIM637,0071,800 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO0320,461 00Against
Virtus7,453279,275 00Against
First Trust0284,896 00Against
Six Circles Trust269,0030 00For
Equitable250,366416 00For

Fund voting reports, all 182 managers: 100,622,626 for, 9,689,310 against, 24,235 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 902 asset managers voting on “Advisory vote to approve the 2024 compensation of named executive officers.” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
State Street13,743,721251,053 00For
Charles Schwab11,079,1300 00For
T. Rowe Price9,986,91950 00For
BlackRock9,810,887174,428 00For
GEODE CAPITAL MANAGEMENT, LLC6,905,4020 00For
Putnam4,641,8490 00For
Invesco4,499,0870 00For
Nuveen4,088,9303,392 00For
Fidelity3,815,7430 00For
Northern Trust2,812,739175,986 00Mixed
RBC Global Asset Management (U.S.)02,433,782 00Against
Wellington2,094,5860 00For
BANK OF AMERICA NA2,013,0110 00For
Vanguard1,973,77129,138 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/1,858,3540 00For
Amundi01,820,196 00Against
PARAMETRIC PORTFOLIO ASSOCIATES LLC01,693,308 00Against
Victory Capital01,514,827 00Against
MONTRUSCO BOLTON INVESTMENTS INC.01,350,321 00Against
MELLON INVESTMENTS Corp1,336,0050 00For
UBS01,267,616 00Against
AMERIPRISE FINANCIAL INC1,136,54265,264 00Mixed
Legal & General Investment Management Ltd16,1441,184,498 00Against
1832 Asset Management L.P.1,071,993127,429 00Mixed
Allspring01,174,342 00Against

Institutional-manager reports, all 902 managers: 100,654,080 for, 32,317,555 against, 22,950 abstained, 13,059 not voted. Showing the 25 largest; see all in the interactive database.

11. 3. Ratify the appointment of KPMG LLP to serve as Valero’s independent registered public accounting firm for the fiscal…

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 8 wordings of this item as funds reported it.

96% Approved · of votes cast

FOR 96%
FOR: 267,399,084AGAINST: 10,358,540
Details: description as filed, official tally, votes by 192 asset managers

Description as filed by funds: Ratify the appointment of KPMG LLP as Valero's independent registered public accounting firm for 2025.

VALERO ENERGY CORP.’s own tally for this item (“3. Ratify the appointment of KPMG LLP to serve as Valero’s independent registered public accounting firm for the fiscal year ending December 31, 2025”): 267,399,084 for, 10,358,540 against — passed, per its Form 8-K filed May 9, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The proposal was approved as follows: Proposal 3 shares voted required vote * vote received Proposal 3”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 192 asset managers below reported 110,229,450 for, 111,709 against, 24,766 abstained.

FOR
FOR: 110,229,450AGAINST: 111,709ABSTAIN: 24,766
Largest asset managers voting on “Ratify the appointment of KPMG LLP as Valero's independent registered public accounting firm for 2025.” at VALERO ENERGY CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard29,837,6761,839 00For
Charles Schwab11,036,2020 00For
Fidelity9,893,4500 00For
BlackRock9,213,7250 00For
State Street8,794,60468 00For
Columbia Threadneedle4,792,4340 00For
Pacer Funds Trust3,987,7180 00For
Invesco3,918,6930 00For
TIAA3,804,2030 00For
T. Rowe Price3,745,8770 00For
Dimensional3,476,3110 00For
Putnam3,028,1900 00For
Victory Capital1,962,7880 00For
MFS1,276,4390 00For
Jackson National1,048,3570 00For
Allspring1,046,1580 00For
Prudential/PGIM638,8070 00For
MASTER INVESTMENT PORTFOLIO399,7400 00For
SEI351,3630 00For
STERLING CAPITAL FUNDS342,8030 00For
PIMCO320,4610 00For
Virtus286,7280 00For
First Trust284,8960 00For
Six Circles Trust269,0030 00For
Equitable250,7820 00For

Showing the 25 largest of 192 asset managers. See all 192 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 15, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest VALERO ENERGY CORP. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 313,206,121 shares outstanding at the time of that meeting.

Fund voting reports: top VALERO ENERGY CORP. shareholders by shares voted on “Advisory vote to approve the 2024 compensation of named executive officers.”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 9.53%
2Charles Schwab 3.52%
3Fidelity 3.16%
4BlackRock 2.94%
5State Street 2.81%
6Columbia Threadneedle 1.53%
7Pacer Funds Trust 1.27%
8Invesco 1.25%
9TIAA 1.21%
10T. Rowe Price 1.20%
Institutional-manager reports: top VALERO ENERGY CORP. shareholders by shares voted on “Advisory vote to approve the 2024 compensation of named executive officers.”, 2024-2025
#Asset manager % of shares outstanding
1State Street 4.47%
2Charles Schwab 3.54%
3T. Rowe Price 3.19%
4BlackRock 3.19%
5GEODE CAPITAL MANAGEMENT, LLC 2.20%
6Putnam 1.48%
7Invesco 1.44%
8Nuveen 1.31%
9Fidelity 1.22%
10Northern Trust 0.95%

Reported VALERO ENERGY CORP. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

VALERO ENERGY CORP. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
Vanguard Group 12.41% 13F
BlackRock 8.38% 13F
State Street 6.24% 13F
Charles Schwab 3.65% 13F
T. Rowe Price 3.45% 13F
Morgan Stanley 2.53% 13F
Nuveen 1.66% 13F
Invesco 1.57% 13F
Franklin Templeton 1.56% 13F

Percentages above are of 313,206,121 shares outstanding, as reported by VALERO ENERGY CORP. on its Form 10-Q dated April 17, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from VALERO ENERGY CORP.’s 10-Q dated April 17, 2025. This page is a static snapshot rebuilt weekly on November 1, 2026; a live search always shows the current data.

At VALERO ENERGY CORP.'s shareholder meeting held May 6, 2025, in the 2024-2025 proxy season, 1,077 asset managers reported how they voted on 11 ballot items in their SEC Form N-PX filings, covering 11,273 separate fund positions. On the most widely held item on that ballot — Advisory vote to approve the 2024 compensation of named executive officers. — VALERO ENERGY CORP.'s filing reports the proposal as approved, with 75% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: VALERO ENERGY CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 9, 2025.

VALERO ENERGY CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.