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February 28, 2014
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Bill Klesse will step down as CEO of Valero Energy Corp. May 1, but will remain a director and chairman of the board, the San Antonio-based company said. Klesse, who has spent his entire 45-year career with Valero and its predecessor companies, became CEO in 2005 and was named chairman of the board in 2007. Joe Gorder, who was elected president and COO in 2012, will become CEO effective May 1. He was immediately elected to the board of directors. During his 27 years with Valero, Gorder has held positions including executive vice president, chief commercial officer and president of Valero Europe; executive vice president-Marketing and Supply; and senior vice president for Corporate Development and Strategic Planning.

Frank Lindh, general counsel for the California Public Utilities Commission (CPUC), on Monday resigned his position at the state regulatory commission to become a partner at San Francisco-based law firm Crowell & Moring LLP. A former attorney at Pacific Gas and Electric Co., (PG&E) Lindh had been the CPUC's top lawyer since 2008 and last year he and his department were involved in a public fight between the regulatory commission and the City of San Bruno. The skirmish involved the pending fines and penalties facing PG&E for its role in the 2010 natural gas pipeline rupture and explosion that killed eight people in a residential part of San Bruno (see Daily GPI, June 28, 2013).

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