Valero COO, Rich Marcogliese Retiring

SAN ANTONIO, Texas -- Valero Energy Corp. announced this week that its Vice President and COO, Rich Marcogliese will be retiring by the end of 2010.

Marcogliese joined Valero in 2000 when Valero purchased the Benicia refinery in California. He eventually moved to Valero's San Antonio headquarters and assumed upper-management positions before his appointment of COO in October 2007.

"Rich's strong leadership ensured the successful integration of refineries into Valero's system, starting with Benicia," Valero Chairman and CEO Bill Klesse said in a released statement. "During Rich's tenure as head of Refining and Chief Operating Officer, he led implementation of advanced management systems to improve plant reliability, and he enhanced Valero's leadership role in occupational safety though our commitment to Star Site certification under OSHA's Voluntary Protection Program. Rich has also played a key role in the cost-efficiency efforts that have helped Valero's operations return to profitability. Many Valero refineries are now in the first quartile in several categories of the Solomon refining benchmarking survey."

A 36-year veteran of the refining industry, Marcogliese headed up Valero's United Way corporate campaigns and Valero's sponsorship of the Texas Open golf tournament which annually raises millions of dollars for children's charities. Marcogliese currently serves on the board of directors of the National Petrochemical and Refiners Association, the Witte Museum and the San Antonio Economic Development Foundation, the release stated.