We have great people who can flourish in this economic system to do the right things. (Photo by Sean Gallup/Getty Images). Eccles: I know youve spent your entire career in the energy industry. 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. 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. UPDATE 1-Tesoro names ConocoPhillips' Greg Goff CEO | Reuters Tesoro Corporation: A Downstream Monster (NYSE 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. Eccles: Related to this, is the Paris Agreement 1.5C target useful from a public policy point of view? It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. 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. His father Calvin had a successful career with General Electric. The purpose would be to have standard data with a high degree of integrity to meet the myriad possibilities for all type of uses. A Chronicle investigation reveals the extent of the ballot paper shortage in Harris County's November election, including how the shortages could impact the future of Texas' election laws. He says he is especially appreciative of being able to do them in Utah because his business career keeps him so busy it is hard to find time to fit them into his schedule. One of his first people skill tests involved a bus ride up to Lake Tahoe, Nevada. She is a graduate of the University of Texas at Austin. Arab world, Middle East, oil industry. Gregory James Goff is a businessperson who has been at the head of 13 different companies and currently occupies the position of President & Director at Tesoro It is always enjoyable to have a healthy discussion around such important issues. Template. Creating value with make ESG more meaningful. Conoco Phillips was his first career stop after graduating from college. Am I right? Every contribution, however large or small, will make a difference. Vote daily now through 5/15 for the 2023 Best Of San Antonio. One of the most popular stops on an Alaskan cruise / Alaska vacation, Hubbard Glacier is a very [+] active calving glacier. See here for a complete list of exchanges and delays. You may opt-out by. Second, create and develop supplies of energy that are clean. Garrett by trade is a personal finance freelance writer and journalist. Goff, as reported yesterday in CSP Daily News, formerly served as senior vice president, commercial for ConocoPhillips. Goff: A much more sensitive area. WebGreg Goff, Marathon Petroleum Corp: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Americas Bloomberg Markets Americas. I believe they will continue to improve the value and impact of fracking. Readers around Park City and Summit County make the Park Record's work possible. Greg Goff, Marathon Petroleum Corp: Profile and Biography . Whats more,, Read More The Top Ten Highest Paid University Presidents in the U.S.Continue, Vitaly Ponomarev is the founder of WayRay. Tesoro But while Goff will address both issues on behalf of Engine No. Is this a fair criticism or not? Is the Stanley Quencher tumbler worth its TikTok hype? 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. This includes management, employees, and its overall profitability. Eccles: Greg, thanks for your insights. 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. Eccles: Thanks and Im sure youre right. Make sure companies are fully transparent in their results and that they have effective governance to drive the change. The purpose was to see how he would handle himself in a situation where everyone around him had a completely different view of the workaday world. Eccles: Oil and gas companies are criticized for paying lip service to climate change while lobbying against government policies, perhaps letting the American Petroleum Council doing the dirty work for them. Romasko worked for more than 20 years with ConocoPhillips, where he held leadership positions in transportation, pipeline, supply and trading, global specialty products and refining, Tesoro said in a statement. Luciano Schipelliti is one, Read More Young Entrepreneur to Watch: Luciano SchipellitiContinue, Education is perhaps the most important commodity that anyone can invest in, and it is rewarding on many levels. How Much is the Entire Mortal Kombat Franchise Worth? Mr. Goff was President and Chief Executive Officer of Andeavor (an The most active insiders traders include Stephen D Newlin, Houman Akhavan, and Richard H Fearon. The companys stock is trading at $13 to $14 per share down from the June 2007 high of almost $63. - Greg Goff Catalysts The WTI/Brent spread has rebounded as of late, with Brent appreciating $10+ more than WTI since reaching parity on January 9th, raising refining margins. Evan Barbosa - Investor Relations Manager. (Photo by KAREN BLEIER / AFP FILES / AFP) (Photo by KAREN BLEIER/AFP FILES/AFP via Getty Images), GREG GOFF is leaving Conoco-Phillips to lead Tesoro. 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. 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 offers insights and inspiration to students, and serves on a number of boards and committees. Create a bonsai tree out of bricks with this $40 LEGO set, Dyson's air purifying headphones have finally arrived, Save on AeroGarden indoor herb growing kits at Amazon. This approach makes it difficult to engage in S. That may sound like an easy way out. While he recognizes the importance of the stakeholders, he also recognizes that stakeholders do not benefit unless the company as a whole is successful. Goff: Fully support the companies that have developed strategies to decarbonize their business. An explosion in Washington State killed seven people the most severe in the nation since 2005. He would later say that Tesoro had been recruiting him for virtually his entire time at Conoco. He joined Tesoro from Ultramar Diamond Shamrock Corp., where he was vice president of corporate planning and investor relations. Goff: No problem. But the work has to begin now, Penner said. Goff: My view is that this is the biggest challenge of my lifetime. Goff: We should use coal only when we can completely control the impact on the environment. Join Facebook to connect with Greg Goff and others you may know. On average, Polished.com Inc executives and independent directors trade stock every 26 days with the average trade being worth of $14,473. Germany is planning the construction of 40 new coal-fired power plants, though officials claim the plants are based on technology that radically increases their efficiency. Just last October the company had a fire at its Salt Lake City plant. HONOLULU (HawaiiNewsNow) - Tesoro Corporation is selling the state's largest refinery and its 31 gasoline stations in a deal valued at up to $350 million. 10. The Company offers microwave ovens, grills, fridge, dishwashers, dryers, space heaters, furniture, rugs, garbage disposals, lamps, and home improvement products. 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. Tesoro said it has hired Greg Goff, a former ConocoPhillips executive, as the companys new president and CEO. Most recently he bought 140 units of POL stock worth $11,131 on 9 October 2018. Ive learned a lot. The company does not intend to make the Andeavor name part of its retail portfolio, which will include approximately 3,000 locations, following the Western Refining acquisition. All quotes delayed a minimum of 15 minutes. (Greg) Goff joined Tesoro as President and Chief Executive Officer in 2010. Goff: The environment. Tesoro Announces New Chief Executive Officer | Business Wire We cant find the page you're looking for. Eccles: Thanks for your views on trends and energy mix. If youre got just a bit more time. Unlike most glaciers, Hubbard is advancing vs. receding. A former manager at Conoco Phillips said that when he learned of Goss move to Tesoro he wondered about the wisdom of the decision, since he was ready to dump all of the Tesoro stock he owned. Evan Barbosa - IR Manager. The 7,700-square-foot,, A French-style manor once owned by San Antonio construction contractor, developer and serial entrepreneur Terry Thrift Jr. has hit the market for. 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. Tesoro CEO Greg Goff told employees that he was creating the new position of executive vice president of operations to replace the chief operating officer's job, Tesoro spokesman Mike Marcy said in an e-mail. Goff: Two things. Goff wasnt immediately available for comment. In his view, what is important is doing the right thing for the company. What do you think the Western oil and gas majors need to do? He has not left his alma mater behind. Before he joined Tesoro, Smith was treasurer and vice president of Valero Energy Corp. Goff, who joined Tesoro as CEO and president May 1, also is a ConocoPhillips veteran. Goff: The oil and gas industry is excellent at innovation through engineering. Goff: I believe we will develop solutions that will allow us to use oil and gas with significantly less impact on the environment. Use Next and Previous buttons to navigate, (FILES) An Exxon sign is seen at a station in this September 20, 2008 file photo in Manassas, Virginia. 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.. Park City resident Greg Goff began a new challenge today; hes now president and CEO of Tesoro Corporation. But Goffs mother Catherine Goff said since his days playing Park City High School sports he was always up for a challenge. I believe that companies need to reflect the views of the people who work there and the people who own the company. Goff: The global demand for energy is so great and growing, that the scale to supply energy is a significant challenge. Tesoro CEO Goff Meets with Hoeven to Discuss Company's Expansion Plans. active calving glacier. Its a sign of how investors have been galvanized by climate change, and also how theyve become dissatisfied with the oil companys poor financial performance in recent years. the importance of esg in enterprise management, Why Blowing Up Pipelines Will Not Solve The Climate Crisis. Catherine remembers Greg once saying that working for his uncle at Mount Air was the best preparation for business he could have received. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. 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. Were not talking about simply finding it to be a nice place to call home. It only took a few weeks for his bosses to realize he would need to be fast tracked to maximize his considerable talent. Within a few years the price would soar to $75 a share. The ranks of Tesoro's executive team were thinned late last spring by the retirement of then-Chairman and CEO Bruce Smith, Chief Financial Officer Greg Wright and William Finnerty, executive vice president of strategy and development. What do they need to do? Our economic system is highly competitive, innovative, resilient, and driven by technology. And what are some of the most important experiences you had in your career? Fuel Fix: Get energy news sent directly to your inbox, Hard work is always the best answer to that question, Sankey said last week. The idea has circulated in the Park City area in previous years, but hasnt gained much traction. the use of artificial intelligence to analyze the risks of investing in a business model and assess [+] the importance of esg in enterprise management. He is unquestionably focused primarily on making organizations work better for all stakeholders.. Because energy is critical to our economic well-being as a country, the framework needs to deploy capital effectively and efficiently; support innovation; develop policies that enhance our competitive position; and consider all the consequences of the changes that we pursue. Smith joined Tesoro in 1992 as chief financial officer. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. SAN ANTONIO -- Tesoro Corp. announced that Greg Goff has been elected by the Board of Directors to be the company's new president and chief executive officer effective May 1, 2010, replacing Bruce Smith in those roles. COTTBUS, GERMANY - APRIL 12: Exhaust plumes from cooling towers at the Jaenschwalde lignite [+] coal-fired power station, which is owned by Vatenfall, April 12, 2007 at Jaenschwalde, Germany. He also had previously been a banker and a financial analyst for Ford Motor Co. (Reporting by Kristen Hays; Editing by Gary Hill). What are they doing, not doing, and need to do? Goss impact once joining Tesoro was to see its stock price rise by more than 700 percent. 1847 Goedeker markets its products in the United States. Mr. Goff was President and Chief Executive Officer of Andeavor (an integrated downstream energy company) from 2010 to 2018 and Chairman from December 2014 to 2018. Here's what the data says. WebGoff was hired as the head coach of the Alabama Crimson Tide baseball team on June 17, 2016. Tesoro April was a rough month for Tesoro. Eccles: And this naturally takes us to the role of governments. WebGreg Goff is Former Vice Chairman at Marathon Petroleum Corp. See Greg Goff's compensation, career history, education, & memberships. Everything from its large number of wide open spaces to the picturesque beauty of the mountains and desert areas, they are things he would have a very hard time giving up. Side view. New Honda Accord debuts for 2023 with more-powerful hybrid system, Skyscraper to be 'tallest tower in Texas' gets cut in half, By Vicki Vaughanvvaughan@express-news.net, Boozy Hill Country golf course tees off in New Braunfels, What to know about the invasive hammerhead flatworms in Texas, Cardi B speaks out on viral 'mean girls' TikTok at Astros game, Highest-rated restaurants for tacos in San Antonio, according to, 1 found dead inside Northwest side apartment; suspect in custody. Nuclear offers many advantages and while we need to use nuclear power, we need to continue to focus on managing the risks involved. I believe we need to strengthen our competitive position in the world. Mr. Goff owns over 140 units of Polished.com Inc stock worth over $748,132 and over the last 11 years he sold POL stock worth over $0. Goff: G, to me, is about decision making, Decision making by the leadership of a company and the board of directors. Eccles: You know theres pressure on investors to divest and exclude while others are arguing for shareholders to engage with these companies. 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. I do not have the confidence that they government would tax and redeploy the capital in a way that creates value. On average, Gregory trades about 2 units every 0 days since 2011. He moved up to president and chief executive in 1995, and became chairman as well the next year. Goff: Im very optimistic about the transition. With several decades of experience in the oil industry, the company in a press release said he is well qualified for the position. In the new job, Romasko, 47, will report directly to Goff and will be responsible for the company's refining, marketing, logistics and marine groups. Anyone who thinks that Greg Goff is going to storm into the Exxon Mobil boardroom and start yelling about wind farms, does not know Greg Goff, Paul Sankey, an independent analyst, said in a note Thursday. We absolutely need to respect and protect our environment. As CEO of Andeavor, spearheaded a financial 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. See if you qualify for a free subscription to our industry leading paper magazine. Tesoro's Greg Goff will keep his spot as San Antonio's highest-paid CEO for at least one more year. From 2010 until Goff sold the company to Marathon for $22 billion in 2018, the Tesoro Tesoro had been searching for a successor since Smith announced last year that he would retire once a replacement was selected. I dont believe a tax is the best approach. Ernies grandfather was the number one Nash dealer in the country, and Ernie was naturally included in the family business. We also need to use natural resources wisely and efficiently while aggressively managing all negative impacts. The change to Andeavor acknowledges the significant progress weve made in becoming a premier refining, marketing and logistics company, and signals our aspiration to continue creating greater value for our stakeholders, Greg Goff, Tesoros president and CEO, said in a news release. Generator vs power station: Which one is right for you? Courtesy photo *** Tesoro Corp. changed their name to Andeavor Corp. on Aug. 1, 2017. Eccles: Thanks, thats helpful. The retiring Lewis has been responsible for the company's strategic and operational leadership, according to the company's website. His father liked working in sales and, Read More 10 Things You Didnt Know about Ernie Boch Jr.Continue. Mind giving me a recap of this? He likes to work long hours, not endure them. 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. Tesoro - 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. The oldest executive at Polished.com Inc is RobertAbernathy, 65, who is the Independent Director. San Antonio-based refiner Tesoro Corp. said Wednesday that it has hired an industry veteran to serve in the newly created position of executive vice president of operations, effective March 21. In June 2010, Goff Gregory's mailing address filed with the SEC is C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING, TX, 75039-2298. The former CEO of San Antonio oil company Tesoro is selling his mansion in the Dominion By San Antonio Current Staff Retired oil-industry CEO Greg J. Goff has put Tesoro Corporation (NYSE:TSO) announced today that Greg Goff has been elected by the Board of Directors to be the companys new President and Chief Ex Among the recreational things he likes to do are fly fishing and mountain bike riding. Shaw & Co. pushed to split up the refiner, people familiar with the matter said at the time. If you typed the URL into your browser, check that you entered it correctly. He proved early on he had the capacity to engage with diverse groups of people. 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 5. SAN 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 a strategic plan, the San Antonio- Express-News reported, citing a conference call Goff had with analysts last week. Eccles: At the center of the debate about the energy transition is the role of oil and gas. From 2010 until Goff sold the company to Marathon for $22 billion in 2018, the That high is less than what Exxon shares trade for now. Whats your quick take on it? Goff was also questioned about the progress of Tesoros $4.1 billion acquisition of Western Refining, which was announced in November and would make Tesoro the fifth-largest refiner in the U.S. The union guys had told his boss they think he was going to do alright as a manager. 6. Wawa to Break Ground on First North Carolina C-store, First Allsup's Express Grab & Go Location Opens. He began his career at Chevron USA in 1970, according to a company biography. In search of vegan food, I found a world-class Mendocino inn. Marathon eventually buckled and agreed to spin off its Speedway gas station chain. Fortunately, I spent time in the upstream, downstream, midstream, and commercial parts of the industry. He said Tesoro expects to receive a preliminary report later this month from the U.S. Chemical Safety Board about the blast, which will help determine whether or not the plant can reopen in September. 10 Things You Didn't Know about Andeavor CEO Gregory Goff People Moves: Tesoro Hires Conoco Exec, Rio Tinto hires Kissinger This site uses Akismet to reduce spam. Eccles: Im afraid youre right but this spurs one last question and I promise it really is the last one. Each donation will be used exclusively for the development and creation of increased news coverage. 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. Much less optimistic about ESG without the V for Value. 1s victory on Wednesday in a bitter proxy fight with Exxon saw at least two of its nominees, including Goff, voted in as director in a humiliating blow to the energy giant. It isnt the first time Goff, whos in his mid-60s, has been a player in an activist shareholder drama. Goff: Net-zero is a worthwhile aspiration. Tesoro Names new CEO Goff made the Harvard Business Reviews 2018 list of the best-performing CEOs in the world. 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.
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