William R Klesse Net Worth is25.4 $Million
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William "Bill" R. Klesse is CEO and President of Valero Energy Corporation and Chairman of the Valero Board of Directors. He previously held positions with Valero as Vice Chairman of the Board, Executive Vice President, and Chief Operating Officer. He has served as Chief Executive Officer since December 31, 2005, and has been President since January 17, 2008. Prior to that time, he was the Chief Operating Officer of Valero Energy Corp. from January 2003 to January 3, 2006. Before these roles, he served as Executive Vice President-Refining and Commercial Operations, from Valero's acquisition of Ultramar Diamond Shamrock Corporation (UDS) in 2001. Klesse has been employed with Valero and its predecessor companies for 40 years.
Klesse graduated from the University of Dayton with a Bachelor of Science in Chemical Engineering. He received a Master's degree in Finance from West Texas A&M University.
As the CEO of Valero Energy Corporation, William R. Klesse earned a total compensation of $6,638,187 in 2008, which included a base salary of $1,500,000, a cash bonus of $705,510, stocks granted of $2,058,846, options granted of $2,235,337, and other compensation of $138,494. In 2009, Klesse earned a total compensation of $10,906,821, which included a base salary of $1,500,000, no cash bonus, stocks granted of $4,905,200, options granted of $4,306,896, and other compensation of $194,725. His total compensation for 2011 was $11,027,067.

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William R Klesse Latest News

Wall Street’s worst CEOs for shareholder value

Forbes’ official list of America’s worst CEOs for shareholder returns in 2011 included, Sirius XM Radio’s Mel Karmazin, Genworth Financial’s Michael D. Fraizer, Valero Energy’s William R. Klesse, Peabody Energy’s Gregory Boyce and Corning’s ...
Posted: June 4, 2012, 5:00 pm

Bush Unveils Energy Proposals

Industry analysts reacted skeptically to new energy proposals President Bush announced yesterday ... it would be a fairly high-risk project," said William R. Klesse, chief operating officer of San Antonio-based Valero Energy Corp., one of the top U.S ...
Posted: April 27, 2005, 5:00 pm

Refinery cuts to hit drivers

"We're assessing the entire East Coast, whether we should be there or not," Valero Chief Executive William R. Klesse told executives at a recent energy conference. Energy industry executives say they are facing up to what was previously inconceivable ...
Posted: March 11, 2010, 4:00 pm
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