Chaim Aharon Valero
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Haim (or Chaim) Aharon Valero (1846-1923) born in Jerusalem, Palestine. Son of Ya'akov Valero (1813-1874) who established the first private bank in Palestine: "Jacob Valero & Co." .
After his brother's death in 1874, Haim became head of the family and general manager of the Valero Bank in Palestine. Haim Aharon was the first person chosen to the Sephardi Kollel leadership who was not a rabbi. He headed the Jerusalem Sephardi community for twenty five years. He served as a member of the District Council, the mixed court, and the consular courts in Jerusalem.
it has now expanded to a energy company, valero Energy Corporation is a Fortune 500 company based in San Antonio with approximately 22,000 employees and assets valued at $33 billion.
The largest refiner in North America, Valero has an extensive refining system with a throughput capacity of approximately 3.3 million barrels per day. The company's geographically diverse refining network stretches from Canada to the U.S. Gulf Coast and West Coast to the Caribbean. they have opened a shopping mall in Texas as well they’ve invested $20 million in the project, created more than 200 new jobs and donated $30,000 worth of food and other merchandise to the San Antonio Food Bank.
The Bank itself has expanded its partnership with the bank of America.
[edit] Bibliography
- Kark, Ruth and Glass, Joseph (2005). The Valero Family: Seven Generations in Jerusalem, 1800-1948. Gefen Publishing House. ISBN 965-229-336-9, http://www.valero.com/NewsRoom/News+Releases/NR_2003-01-27.htm
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