He offers insights and inspiration to students, and serves on a number of boards and committees. It isnt the first time Goff, whos in his mid-60s, has been a player in an activist shareholder drama. Marathon eventually buckled and agreed to spin off its Speedway gas station chain. WebSAN ANTONIO -- Tesoro Corp.'s board of directors elected Greg Goff to be the company's new president and chief executive officer effective May 1, replacing Bruce Smith in these Goff: Net-zero is a worthwhile aspiration. The changes that need to be made at Exxon, even under the best of circumstances, will take years, Charlie Penner, a principal at Engine No. Vote daily now through 5/15 for the 2023 Best Of San Antonio. To begin with, it is socially and spiritually convenient and rewarding to be literate. His father Calvin had a successful career with General Electric. HOUSTON, March 30 (Reuters) - Tesoro Corp TSO.N on Tuesday named ConocoPhillips COP.N senior vice president Greg Goff to succeed retiring chief executive Bruce Smith. "He did well no matter what he did.". Goff: The environment. Generator vs power station: Which one is right for you? In his view, what is important is doing the right thing for the company. Goss spends a significant amount of time staying connected with his University of Utah alma mater, particularly the Business School. Eccles: Fair enough, so lets unpack the three letters and start with the G since its really the wrapper around the E and the S.. Tesoro was the next step in Goss career due to a bit of espionage. She is a graduate of the University of Texas at Austin. Lets now focus on the oil and gas companies themselves. Gregory's mailing address filed with the SEC is C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING, TX, 75039-2298. She also covers small business topics and issues. 3. He moved up to president and chief executive in 1995, and became chairman as well the next year. Hutchison was one of the biggest beneficiaries of campaign contributions from Tesoros PAC in the 2010 election cycle, even though she had already announced her retirement. Andeavor Greg Goff Tesoro Tesoro Corporation Western Refining Previous Post Italmatch Chemicals closes financing package to fund new acquisitions, refinance An acronym and the words behind it which have become highly politicized. Template. Readers around Park City and Summit County make the Park Record's work possible. Make sure companies are fully transparent in their results and that they have effective governance to drive the change. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. Goff, whose 29-year energy career began at Conoco in 1981, was unavailable for comment, and ConocoPhillips declined to specify his last day at the company. I believe that there are better organizations to be a repository of this data than the SEC. Goff least the Crimson Tide to a 19341 season before being fired for possibly Goff: Because there is considerable latitude around the three areas of ESG, different groups can tailor an agenda around ESG that meets their self-interests. That high is less than what Exxon shares trade for now. Said company is involved in augmented reality. Asked how he got the chief executive officer job, Goff talked of the long hours he worked in his parents store during his youth, Sankey said. [+] Portrait, profile, red background. What do you think the key issues are in terms of type, cost, and availability? Eccles: I know youve spent your entire career in the energy industry. Tesoro, like many independent refiners, had struggled with weakened demand and red ink when the recession dampened demand for its fuels. But the work has to begin now, Penner said. Mr. Goff owns over 140 units of Polished.com Inc stock Eccles: I hope you dont mind me asking, but what is your political affiliation and how actively do you support your political convictions? Tesoro Corp. confirmed that its board hired Greg Goff, a senior vice president of ConocoPhillips, to be its president and chief executive, effective May 1. Goff became the president and chief executive officer of Tesoro Corporation in May 2010. He became the chairman and chief executive officer of Tesoro Logistics in April 2011. [5] Goff is on a number of boards. In May of 2021, Goff was elected to the board of ExxonMobil. the use of artificial intelligence to analyze the risks of investing in a business model and assess [+] the importance of esg in enterprise management. Shortly after Goff joined Tesoro, he took steps to shore up the company's top management team following a spate of departures in mid-2010. As a highly advanced society, we have a moral obligation to live our lives this way. Prior to joining Tesoro in 2010, Mr. Goff worked for ConocoPhillips Corporation, an integrated energy company, where he held a number of senior leadership positions, most recently Senior Vice President Commercial from 2008 to 2010. The oldest executive at Polished.com Inc is RobertAbernathy, 65, who is the Independent Director. Tesoro CEO Goff Meets with Hoeven to Discuss Company's Expansion Plans. While serving as executive vice chairman of Marathon Petroleum Corp. two years ago, he emerged as a potential replacement for then-CEO Gary Heminger as Elliott Management Corp. and D.E. I am the best oil executive in the world, he told a room full of Wall Street analysts over a steak dinner about a decade ago, according to one of those present. He joined Tesoro from Ultramar Diamond Shamrock Corp., where he was vice president of corporate planning and investor relations. Arab world, Middle East, oil industry. WebGreg Goff is Former Vice Chairman at Marathon Petroleum Corp. See Greg Goff's compensation, career history, education, & memberships. (Greg) Goff joined Tesoro as President and Chief Executive Officer in 2010. In fact, you might be an individual, Read More Company Wants to Store Your Stem Cells to Treat Future DiseasesContinue, Child gadget addiction is something that is becoming worse as the years go by. Goff: No problem. Goss impact once joining Tesoro was to see its stock price rise by more than 700 percent. HOUSTON, March 30 (Reuters) - Tesoro Corp TSO.N on Tuesday named ConocoPhillips COP.N senior vice president Greg Goff to succeed retiring chief Goff went on to explain at the time that, uniquely in his view, he had senior management experience in the main areas that define the oil industry: upstream (production), midstream (pipelines) and downstream (refining). Tesoro Gregory Goff is 63, he's been the Independent Director of Polished.com Inc since 2011. Our economic system is highly competitive, innovative, resilient, and driven by technology. Goff also reported during the call that the company continues to make repairs at its Anacortes, Wash., refinery, where an April 2 explosion killed seven employees. In addition to having a sense of urgency, it is important there is very well-developed framework to drive change as we decarbonize. Are you optimistic or pessimistic about the energy transition and ESG in America? Currently, Ponomarev is serving as both the companys CEO and the, Read More 10 Things You Didnt Know about Vitaly PonomarevContinue, If youre like most people, you dont have to think very hard to realize how frightening it might be to have a terminal illness or a debilitating disease. The Jaenschwalde power plant, built by the former East German government in the 1980s, emits 25 million tons of CO2 annually and is among the biggest single producers of CO2 emissions in Europe. Ernies grandfather was the number one Nash dealer in the country, and Ernie was naturally included in the family business. Goff: Sure, Bob, happy to chat a bit more and I can guess what you want to talk about! Over the last 20 years, insiders at Polished.com Inc have traded over $42,262,688 worth of Polished.com Inc stock and bought 854,506 units worth $7,502,939 He thinks he can do it," she said. This site uses Akismet to reduce spam. After finishing a degree at the University of Utah, and having worked for Catherines brother George at Mount Air (previously Palace Grocery) since he was 13, he decided to go into business for himself running the station. It only took a few weeks for his bosses to realize he would need to be fast tracked to maximize his considerable talent. Goff: G, to me, is about decision making, Decision making by the leadership of a company and the board of directors. Eccles: Im afraid youre right but this spurs one last question and I promise it really is the last one. However, I believe it is a principle-based approach. Am I right? Mr. Goff was President and Chief Executive Officer of Andeavor (an Shaw & Co. pushed to split up the refiner, people familiar with the matter said at the time. Goff, 53, will take the helm of the second-largest independent U.S. refiner as president and CEO on May 1, the company said. It is easy to form agendas around ESG. Prior to joining Marathon, Mr. Goff served as President and Chief Executive Officer of Andeavor from 2010 to 2018, and as Chairman from December 2014 to 2018, of Andeavor (formerly Tesoro Corporation), a leading company in the independent refining and marketing business. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. There are 6 executives at Polished.com Inc getting paid more, with RobertPatterson having the highest compensation of $6,106,630. Its nice to get a practical view of ESGand from a Republican, no less! Goff: Thank you for the opportunity to engage with you. (George) was a noted, good business man and he taught him a lot," she said. Goff: Fully support the companies that have developed strategies to decarbonize their business. 1, said Wednesday. See if you qualify for a free subscription to our industry leading paper magazine. The bonus is to be paid six months after the retention period ended, SEC documents show. The retiring Lewis has been responsible for the company's strategic and operational leadership, according to the company's website. Tesoro Logistics LP (TLLP) Q2 2015 Earnings Conference Call August 6, 2015 12:00 PM ET. WebSAN ANTONIO -- Tesoro Corp. CEO Greg Goff is moving forward with a plan to cut costs at the San Antonio-based refining and marketing company as he works toward presenting I do not believe that we have the luxury of driving change without considering and managing the impacts of change. Eccles: Opinion is all over the map on the SECs climate change reporting proposal. I am a Republican and I actively support areas that are important to my family and me. "We are doing our own investigation, and when the time is right, we'll be able to talk about what happened there," Goff said. For both groups, there are processes to drive accountability. In search of vegan food, I found a world-class Mendocino inn. Fast forward to 2021, and hes finally getting the chance to use the full breadth of that experience on the board of Exxon, which operates in all three segments as a vertically integrated oil supermajor. Activist investor Engine No. Eccles: At the center of the debate about the energy transition is the role of oil and gas. Unlike most glaciers, Hubbard is advancing vs. receding. He is executive Vice Chairman of Marathon Petroleum Corporation, a leading, integrated, downstream energy company, since October 2018. Gregory J. Goff serves as Independent Director of the Company. Executives. Despite it's advancing status, this photo is often used to depict global warming and climate change as a massive piece of Hubbard glacier calves off into Disenchantment Bay. Tesoro It became obvious that when Goss joined Tesoro the many challenges presented by the company would not only keep him busy, but happy. Second, create and develop supplies of energy that are clean. Before he joined Tesoro, Smith was treasurer and vice president of Valero Energy Corp. VLO.N He also had previously been a banker and a financial analyst for Ford Motor Co. F.N (Reporting by Kristen Hays; Editing by Gary Hill). In June 2010, Goff offered Lewis a $400,000 cash retention bonus as an incentive for his continued service to the company, should he agree to stay through Jan. 31, according to a regulatory filing. Goff: My view is that this is the biggest challenge of my lifetime. Its ESG! First, continue to eliminate or significantly reduce the CO2 emissions from their business. The former CEO of San Antonio oil company Tesoro is Like other refiners, Tesoro has struggled with paltry margins and sluggish demand for gasoline an diesel fuel, and reported a $140 million loss in 2009. Portrait, profile, red background. Greg Goff, Marathon Petroleum Corp: Profile and Biography ***. Tesoro has said going forward, it plans to reduce corporate expenses by $40 million to $50 million a year, and cut post-retirement benefit expenses by $80 million to $90 million. Tesoro said it has hired Greg Goff, a former ConocoPhillips executive, as the companys new president and CEO. Like what needs to get done in the next five to 10 years and what issues will take a longer period of time? Before Greg Goff was elected as a dissident director to Exxon Mobil Corp.s board, the oil company called him unqualified. Yet its hard to find many people who would agree with that assessment, least of all the man himself. Tesoro Names new CEO After pumping gas and fixing cars in the Basin as a student, Goff eventually rose to the position of senior vice president with that company before agreeing to take the helm at Tesoro. Phil Anderson - President. Goff: When I reflect on all the opportunities and challenges, the list is a mile long. Among the recreational things he likes to do are fly fishing and mountain bike riding. Previous article in series: The Thin Green Line Gregory Goff has become its CEO, having a tremendous record of success that precedes him. What do you think the Western oil and gas majors need to do? The companys stock is trading at $13 to $14 per share down from the June 2007 high of almost $63. He was senior vice president at the Houston-based company before joining Tesoro. (Photo by Sean Gallup/Getty Images). 1847 Goedeker markets its products in the United States. Serious arab businessman in national white suit on the background of oil rigs. We know Greg Goff, this will all be orderly.. Gregs wife Sylvia, who could not be reached for this article, lives in Park City full-time with one son currently attending Park City High School. 10 Things You Didnt Know about Ernie Boch Jr. 20 Things You Didnt Know about Jersey Mikes, 10 Things You Didnt Know About Rite Aid CEO John T. Standley, 10 Things You Didnt Know About World Fuel Services CEO Michael Kasbar, 10 Things You Didnt Know About Exelon CEO Christopher Crane. Tesoro Hires ConocoPhillips Exec. Goff To Be Chief Executive Conoco Phillips was his first career stop after graduating from college. Goff, as reported yesterday in CSP Daily News, formerly served as senior vice president, commercial for ConocoPhillips. After he was done with an MBA, Greg looked to work for a major company himself. GOP leaders say ballot shortage was targeted at Republicans. Catherine remembers Greg once saying that working for his uncle at Mount Air was the best preparation for business he could have received. Eccles: Greg, thanks for your insights. Children no longer want to go out and play or interact with others because they are always glued to their gadgets, Read More Dear Parents: Child Gadget Addiction is Only Getting WorseContinue, Ernie Boch Jr. grew up in Norwood, Massachusetts. We tend to be inclusive of newcomers, and while there are, A sprawling mansion adjacent to country legend George Strait's old house in the Dominion was recently listed for $5 million. - ExxonMobil's chief executive defended the company at its annual meeting on May 26, 2021 as the oil giant sought to fend off a major activist challenge over its policies to address climate change. It's Official: Tesoro Announces New Chief Executive Goff, a former ConocoPhillips executive who joined Tesoro in May, said during the call that he will present his plan to the company's board around the mid-fourth quarter. At Suncor, Romasko's job was to focus on operations, with emphasis on improving reliability, safety and environmental performance. WebGregs wife Sylvia, who could not be reached for this article, lives in Park City full-time with one son currently attending Park City High School. Goff: It is important that there be standard, consistent and transparent reporting of data on air emissions, water, waste, and other areas that impact the environment. Goff heads ConocoPhillips trading operations as senior vice president of commercial, but has extensive experience in refining and other divisions. 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Goff: In the U.S., the government needs to develop a framework for change by implementing policies that enhance our competitive position, support innovation, and consider the life cycle impact of policies. Gregory Goff Net Worth (2023) | wallmine 20 Countries With the Least Amount of Debt, The 10 Most Expensive Skateboards in the World, The 10 Best Ducati Motorcycles of All-Time. Company Plans Expanded Production in Mandan, New Rail Project To Ship ND Crude WASHINGTON Senator John Hoeven today met with Tesoro CEO Greg Goff to review the companys major expansion plans in North Dakota, including a $35 million, Dan Romasko will join Tesoro from Suncor Energy Inc. of Canada, where he most recently was vice president of operations integrity and vice president of technical operations and competence. Within a few years the price would soar to $75 a share. The estimated Net Worth of Gregory James Goff is at least $990 Thousand dollars as of 9 October 2018. Despite it's advancing status, this photo is often used to depict global warming and climate change as a massive piece of Hubbard glacier calves off into Disenchantment Bay, coal-fired power station, which is owned by Vatenfall, April 12, 2007 at Jaenschwalde, Germany. Retired oil-industry CEO Greg J. Goff has put his mansion in San Antonio's exclusive Dominion neighborhood on the sales block for $2.6 million, according to a new real estate listing. They definitely need to balance the impact of the change on all their key stakeholders.
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