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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]

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]

References

  1. ^ a b c d e "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. ^ a b "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. ^ a b c Vaughn, Vicki (June 18, 2015). "William E. Greehey — CEO turned philanthropist". San Antonio Express News. San Antonio, Texas. Retrieved November 21, 2017.
  8. ^ a b c "Company Overview of Paulsboro Refining Company LLC: William E. Greehey". Bloomberg. Retrieved November 21, 2017.
  9. ^ a b "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. ^ a b c d e "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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