*The original post of this story misspelled CST Brands CEO Kim Bowers as Karen Bower. The correction is now reflected in the copy.
Valero is spinning off its retail operation under the new name CST Brands, Inc. for all of its 1,900 stores across the U.S. and Canada.
CST Brands CEO
Karen Bower Kim Bowers said the new company comes to the market as a Fortune 220 Company, a good deal for the shareholders.