William Greehey

Last updated
William E. Greehey
William Greehey 174-CD-L03-09-08A-003 (cropped).jpg
Bill Greehey in 2003
Born
William Eugene Greehey

(1936-06-09) June 9, 1936 (age 88)
Fort Dodge, Iowa, US
Alma mater St. Mary's University (BA)
OccupationBusinessman & Philanthropist
TitleCEO Valero Energy
1980 to January 1, 2006
Chairman Valero Energy
1980 to January 17, 2007
Chairman NuStar Energy
Board member ofHaven For Hope

Valero Energy NuStar Energy Valero Alamo Bowl

Valero Texas Open
Children5

William Eugene "Bill" Greehey (born June 9, 1936, in Fort Dodge, Iowa) [1] is an American businessman and philanthropist. [2] He is most known for his roles as the founding CEO and Chairman of Valero Energy Corporation and NuStar Energy. [3]

Contents

Early life

Bill Greehey was born in Fort Dodge, Iowa, and graduated from Fort Dodge Senior High School in 1954. [4] [5] He then served with the US Air Force for four years and was based at Lackland AFB, in San Antonio, Texas. [1] [6] [7] Following his Air Force career, he used his GI Bill benefits to enroll in St. Mary's University at San Antonio, and later received a Bachelor's degree in Accounting. [1]

Career

After graduation in 1960, he started working as a CPA for Price Waterhouse and later became an auditor for Exxon. [1] [7] In 1963, he joined Coastal States Gas Corporation. [8] By 1968 at the age of 32, he held the post of a senior vice president. [1] In 1973, he was President and CEO of Coastal Corporation's subsidiary LoVaca Gathering Company which on December 31, 1979, became the Valero Energy Corporation. [8] [9] He was the founding CEO and Chairman of the Valero Energy Corporation and Group and held those posts until January 2006 and January 2007, respectively. [8] In 2006, he was the founding Chairman of NuStar Energy L.P. and Group. [10] [11] As a philanthropist, he founded the William Greehey Family Foundation in April 2003. [12]

In March 2020 as the COVID-19 pandemic was spreading, his Greehey Foundation pledged financial support for those in need of relief. [13]

Personal life

Greehey has been married to Louree née Bruce Greehey for over sixty years and they have five children. [7] [11] Along with his five children, he has 14 grandchildren and six great-grandchildren, all of whom he shares with his wife Louree. [3] Bill, and Louree are Republicans and are closely associated with the Nustar PAC. [14] [15] [16] He serves on the Board of Trustees of St. Mary’s University in San Antonio, which named him a Distinguished Alumnus in 1986 and granted him an honorary doctorate of philosophy in 1998. [11] At St. Mary's University, the Bill Greehey Arena and the Greehey School of Business were named in his honor in 2000 and 2005, respectively. [11] [17] [18] The Bill Greehey Refineries in Corpus Christi is named in his honor. [19]

Awards

In 1998, Mr. Greehey was presented with the Outstanding Philanthropist Award from the San Antonio Chapter of the National Society of Fund Raising Executives; and he was inducted into the San Antonio Business Hall of Fame by Junior Achievement. [11]

In 2000, Greehey received the American Academy of Achievement’s Golden Plate Award. [20]

In 2001, Greehey received the distinguished Horatio Alger Award. [9]

Related Research Articles

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References

  1. 1 2 3 4 5 "William E. Greehey 1936 - Biography - From small town to big time". Reference for Business. Retrieved November 21, 2017.
  2. ↑ "Valero Energy Corporation History". Funding Universe. Retrieved November 21, 2017.
  3. 1 2 "Annual Report" (PDF). The DoSeum. 2019.
  4. ↑ Shea, Bill, ed. (June 18, 2017). "Greehey gives Iowa Central $3M: Gift will help fund student service center on FD campus". The Messenger . Fort Dodge, Iowa . Retrieved November 21, 2017.
  5. ↑ Shea, Bill, ed. (November 15, 2017). "Iowa Central to seek $25.5M in bonds: Vote is set for Feb. 6". The Messenger. Fort Dodge, Iowa. Retrieved November 21, 2017.
  6. ↑ "CEO Exchange, Your Life is Their Business : Biography: William E. (Bill) Greehey, Episode 405: HIGH ENERGY: Putting the Brakes on Fuel and Transportation Costs, Featured Guest: William E. (Bill) Greehey, Chairman, Valero Energy Corporation". pbs.org. June 5, 2007. Retrieved February 8, 2015.
  7. 1 2 3 Vaughn, Vicki (June 18, 2015). "William E. Greehey — CEO turned philanthropist". San Antonio Express-News . San Antonio, Texas. Retrieved November 21, 2017.
  8. 1 2 3 "Company Overview of Paulsboro Refining Company LLC: William E. Greehey". Bloomberg . Retrieved November 21, 2017.
  9. 1 2 "Member Profile: 2001 Horatio Alger Award Winner Bill Greehey Chairman of the Board NuStar Energy". Horatio Alger Award . Retrieved November 28, 2017.
  10. ↑ "NuStar Energy: History". NuStar Energy. Retrieved November 21, 2017.
  11. 1 2 3 4 5 "William E. Greehey". The Greehey Family Foundation. Retrieved November 21, 2017.
  12. ↑ "William Greehey Family Foundation History". William Greehey Family Foundation. Retrieved November 21, 2017.
  13. ↑ Rackspace co-founder Graham Weston drops $2M on San Antonio stock
  14. ↑ "Greehey". Campaign Finance. Retrieved November 21, 2017.
  15. ↑ "Nustar Energy L.P. (Nustar PAC)" (PDF). Federal Election Commission . January 6, 2017. Retrieved November 21, 2017.
  16. ↑ "NUSTAR ENERGY L.P. (NUSTAR PAC), ID: C00435321. A qualified unauthorized PAC". Federal Election Commission. 2007–2017. Retrieved November 21, 2017.
  17. ↑ "Bill Greehey Arena". St. Mary's University . Retrieved November 21, 2017.
  18. ↑ "Alumni Athletics & Convocation Center". St. Mary's University. Retrieved November 21, 2017.
  19. ↑ "Bill Greehey Refineries". Valero Energy Corporation . Retrieved November 21, 2017.
  20. ↑ "Golden Plate Awardees of the American Academy of Achievement". www.achievement.org. American Academy of Achievement.
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