Valvoline Inc. Marks 10 Years as a Public Company and 40 Years in Retail Service
Approximately 95% of service center managers started as entry-level technicians.
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From 42 service centers to more than 2,500 locations across
“Forty years ago, Valvoline Inc. entered retail with a simple idea to make routine vehicle care faster, easier, and more trusted for busy drivers,” said Lori Flees, President and Chief Executive Officer of Valvoline Inc. “That promise remains and these milestones are about more than longevity, they’re about the team members, franchisees, and customers who have helped shape our journey. From our first retail service centers to our network today, our purpose remains: we simplify vehicle care so customers can do what drives them.”
Valvoline Inc.’s retail growth story began in 1986 with the acquisition of 42 Rapid Oil Change locations in
The company’s longevity has been built by its people. Today, it employs more than 13,500 team members, and approximately
Earlier this year, Valvoline Inc. announced a
As the company enters its fifth decade in retail service, it is focused on continuing to meet the evolving needs of drivers. Vehicles are becoming more complex, and consumers are keeping them on the road longer, both driving the need for trusted preventative maintenance. Through it all, the company remains committed to delivering quick and easy service while continuing to earn customers’ trust through service, expertise, and convenience.
About Valvoline Inc.
Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,500 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 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 more than 13,500 team members who are working to drive the full potential of our core business, deliver sustainable network growth, and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com.
TM Trademark, Valvoline or its subsidiaries, registered in various countries
SM Service mark, Valvoline or its subsidiaries, registered in various countries
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Investor Relations
Elizabeth B. Clevinger
+1 (859) 357-3155
IR@valvoline.com
Media Contact
Angela Davied
+1 (913) 302-0032
angela.davied@valvoline.com
Source: Valvoline Inc.