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    Valero Furthers Executive Realignment

    New COO named; retail store operations will now report to company president.

    SAN ANTONIO -- Valero Energy Corp., an oil refining and marketing company based here, promoted Rich Marcogliese, former executive vice president of operations, to the position of executive vice president and chief operating officer.

    In this new role, Marcogliese will be responsible for the company's commercial operations, including marketing, supply and transportation. In addition, executive vice president of marketing and supply, Joe Gorder, will report to Marcogliese.

    Also, as part of the company's realignment, its retail store operations, including its Canadian subsidiary, Ultramar Ltd., will report to Valero president Greg King, the company stated. Mike Ciskowski, the company's executive vice president and chief financial officer, will continue to report to King as well.



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