Summary
Valero Energy Corporation announced a significant leadership transition via an 8-K filing on February 7, 2018. Michael S. Ciskowski, the current Executive Vice President and Chief Financial Officer, has announced his retirement, effective May 3, 2018. This marks the end of his tenure in a key financial leadership role within the company. To succeed Mr. Ciskowski, the board of directors has appointed Donna M. Titzman as the new Executive Vice President and Chief Financial Officer, also effective May 3, 2018. Ms. Titzman brings extensive experience, having served Valero for 32 years in various financial capacities, including her most recent role as Senior Vice President and Treasurer. Her long-standing tenure and deep understanding of Valero's financial operations, including treasury, risk management, and investment management, position her well for this new executive role. Her experience also extends to her role with Valero Energy Partners LP.
Key Highlights
- 1Michael S. Ciskowski, Executive Vice President and CFO, to retire effective May 3, 2018.
- 2Donna M. Titzman appointed as the successor Executive Vice President and CFO, effective May 3, 2018.
- 3Ms. Titzman possesses 32 years of experience within Valero Energy Corporation.
- 4Ms. Titzman's current role is Senior Vice President and Treasurer.
- 5Her responsibilities have included banking, cash management, customer credit, investment management, and risk management.
- 6Ms. Titzman has also served as a director and CFO for Valero Energy Partners GP LLC since 2013.
- 7Ms. Titzman is a Certified Public Accountant (CPA).