Valero Energy

AGREEMENT GRADE
f
Fortune 500 Rank
OWLER CEO APPROVAL RATING
75/100
GLASSDOOR RATING
4.2
CEO
Lane R. Riggs

Valero Energy Corporation is an international manufacturer and marketer of transportation fuels, other petrochemical products, and power. It is headquartered in San Antonio, Texas, United States. The company owns and operates 16 refineries throughout the United States, Canada, and United Kingdom. Valero was one of the United States’ largest retail operators with approximately 6,800 retail and branded wholesale outlets in the United States, Canada, United Kingdom, and the Caribbean under the Valero, Diamond Shamrock, Shamrock, Ultramar, Beacon, and Texaco brands.

AG Sources

THIS MATTER comes before the Court on the Defendant’s Motion to Compel Arbitration and Dismiss or Stay Proceedings, filed April 30, 2010 (Doc. 5). The Court held a hearing on June 11, 2010. The primary issue is whether the arbitration agreement that Plaintiff Rozik Parrish signed as part of Defendant Valero Retail Holdings, Inc.’s (“Valero”) employment application is enforceable, if the consideration was based upon an offer of at-will employment and on a mutuality of obligation to arbitrate. Because the Court finds that adequate consideration supports the agreement to arbitrate, the Court will *1269 grant the motion to compel arbitration and will stay the case. -Parrish v. Valero (2010)

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