-

Valvoline Inc. Announces Hitesh Patel as Chief Technology and Cybersecurity Officer

LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that Hitesh Patel has joined the company as its Chief Technology and Cybersecurity Officer, effective immediately. Patel brings decades of retail technology and cybersecurity expertise to the company.

“We are excited to welcome Hitesh Patel as our new Senior Vice President, Chief Technology and Cybersecurity Officer,” said Lori Flees, Valvoline Inc. President and Chief Executive Officer. “His retail experience across all elements of technology is critical to Valvoline Inc. given the importance of technology and cybersecurity to grow our business and deliver excellent customer experiences.”

Prior to joining Valvoline Inc., Patel served as Senior Vice President, Chief Information Officer of Sleep Number where he led enterprise technology capabilities and initiatives. He also drove IT transformation and managed complex technology initiatives for retailers such as Advance Auto Parts and Best Buy.

“Joining a company with such a strong legacy is a privilege. I’m excited to help build its future—where technology and digital products work in harmony to drive transformation, empower teams, and deliver exceptional value to our customers,” said Patel.

Patel received his undergraduate degree in computer science from Montfort University and his MBA from the University of Birmingham, both located in the United Kingdom.

About Valvoline Inc.

Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,100 franchised and company-operated service centers across the United States and Canada. The company completes more than 28 million services annually system-wide, from 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the 11,000 team members who are working to grow the core business, expand the company’s retail network, and plan for the vehicles of the future. For more information, visit vioc.com.

Contacts

FURTHER INFORMATION

Investor Inquiries
Elizabeth B. Clevinger
+1 (859) 357-3155
IR@valvoline.com

Media Inquiries
Angela Davied
+1 (913) 302-0032
media@valvoline.com

Valvoline Inc.

NYSE:VVV

Release Summary
Hitesh Patel is joining Valvoline Inc. as the company's Chief Technology and Cybersecurity Officer on Nov. 3.
Release Versions

Contacts

FURTHER INFORMATION

Investor Inquiries
Elizabeth B. Clevinger
+1 (859) 357-3155
IR@valvoline.com

Media Inquiries
Angela Davied
+1 (913) 302-0032
media@valvoline.com

More News From Valvoline Inc.

Valvoline Instant Oil Change℠ Named a Top Franchise Brand for Multi-Unit Growth by Entrepreneur Magazine

LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, has been recognized as No. 34 in Entrepreneur magazine’s ranking of the Top Brands for Multi-Unit Owners, underscoring the strength of the Valvoline Instant Oil Change franchise system for operators seeking scalable growth. The ranking identifies the brands with the most appeal for prospective franchisees interested in multi-unit ownership, as well as existing franc...

Valvoline Inc. to Participate in Goldman Sachs Global Consumer and Retail Conference

LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that the company will be participating in a fireside chat at the Goldman Sachs Global Consumer and Retail Conference on Monday, September 14, at 3:35 p.m. ET. A live audio webcast will be available on the Valvoline Inc. investor relations website at http://investors.valvoline.com. Following the live event, an archived version of the webcast will be a...

Valvoline Announces Pricing and Upsizing of Senior Notes Offering

LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (“Valvoline”) (NYSE: VVV) announced today the pricing of its offering of $600,000,000 aggregate principal amount of 6.125% Senior Notes due 2034 (the “Notes”). The offering was upsized by $100,000,000 aggregate principal amount compared to the previously announced offering size of $500,000,000. The offering of the Notes is part of a leverage-neutral coordinated refinancing transaction intended to strengthen Valvoline’s debt maturity profile and en...
Back to Newsroom