Fiscal 2023 was a transformational year for Valvoline Inc., securing our position as a pure-play retail company by completing the sale of our Global Products business. Achieving this milestone enabled us to better align our focus and organization as the leader in preventive automotive maintenance. While much has changed at Valvoline over our brand’s 150+ year history, one thing remains core to our success—our people, our Vamily.
To be a part of our Vamily means being part of an organization that cares about you, your development, and your success. At Valvoline, we encourage collaboration and building camaraderie with colleagues, reward hard work through recognition, instill confidence through award-winning training programs, and always conduct business the right way. This culture delivers a best-in-class customer experience and inspires our commitment to improving the communities in which we live and operate.
Our people-centered approach ensures that we continue to run our business responsibly, prioritize environmental stewardship, create safer and more inclusive workplaces, and make our communities better. We have good reason to celebrate the many achievements from this past year, including:
I hope you’ll read our 2023 CSR report to learn more about these initiatives. And while we take time to reflect and celebrate our achievements, we acknowledge there is always more to be done. Our efforts in corporate social responsibility complement our simple and effective formula for delivering sustainable, long-term value for all our stakeholders.
Finally, I’d like to thank our talented team of over 10,000 and our franchise partners; without their dedication, generosity, hard work, and care, none of these achievements would have been possible.
Lori Flees
President and Chief Executive Officer
