What are they doing, not doing, and need to do? I believe that companies need to reflect the views of the people who work there and the people who own the company. Learn how your comment data is processed. Goffs first foray in the oil industry came in his early twenties when he leased the American Oil Station at Kimball Junction in the late 1970s. Serious arab businessman in national white suit on the background of oil rigs. 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. And they often had to choose between recreation and their job," he said. 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 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. He also worked for Petro-Canada, which merged with Suncor in 2009. Goff: When I reflect on all the opportunities and challenges, the list is a mile long. How Much is the Entire Mortal Kombat Franchise Worth? Creating value with make ESG more meaningful. Join Facebook to connect with Greg Goff and others you may know. Catherine remembers Greg once saying that working for his uncle at Mount Air was the best preparation for business he could have received. 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. Goff: Sure, Bob, happy to chat a bit more and I can guess what you want to talk about! 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. Eccles: You know theres pressure on investors to divest and exclude while others are arguing for shareholders to engage with these companies. If you typed the URL into your browser, check that you entered it correctly. 20 Countries With the Least Amount of Debt, The 10 Most Expensive Skateboards in the World, The 10 Best Ducati Motorcycles of All-Time. WebSummary. 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. Tesoro said it has hired Greg Goff, a former ConocoPhillips executive, as the companys new president and CEO. For Goss, giving back is a part of being successful. WebGregory J. 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. His father liked working in sales and, Read More 10 Things You Didnt Know about Ernie Boch Jr.Continue. 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. Specifically, WayRay is known for its AR HUDs for cars. 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. 5. Goff: Fully support the companies that have developed strategies to decarbonize their business. Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Like what needs to get done in the next five to 10 years and what issues will take a longer period of time? His father Calvin had a successful career with General Electric. Eccles: What is your sense of urgency on this? Gregory Goff is 63, he's been the Independent Director of Polished.com Inc since 2011. Before we dig into these topics, please tell me a bit about your professional career. This approach makes it difficult to engage in S. That may sound like an easy way out. Eccles: Renewable energy is obviously key to the energy transition, and it comes in many forms. He is executive Vice Chairman of Marathon Petroleum Corporation, a leading, integrated, downstream energy company, since October 2018. He has not left his alma mater behind. (Greg) Goff joined Tesoro as President and Chief Executive Officer in 2010. Goss reflected on the trip, saying those guys drink like fish and mentioned they had to stop once to refill the liquor supply. Eccles: Greg, I know youre a busy guy so thanks for taking the time to talk to me about two issues that are important but controversial: the energy transition and ESG. 1847 Goedeker Inc. operates as an online consumer goods retailer. One of the most popular stops on an Alaskan cruise / Alaska vacation, Hubbard Glacier is a very [+] active calving glacier. 6. 4. Tesoro CEO and President Gregory Goff earned total pay of more than $23 million in 2015, according to a recent regulatory filing with the Securities and Exchange Commission. Goff: Yes. Mr. Goff is currently a board director at ExxonMobil but for this interview he is speaking strictly in his personal capacity. When asked about the company's retail operations and whether they would be expanded or would shrink, the chief executive said he would talk more about its convenience store and retail operations later in the year. 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. 1, hes no radical. What is the most effective way for investors to support the energy transition? Another son graduated in 2005 and currently lives in Texas, Catherine said. * Lead director to replace Smith as chairman June 4. Goff had risen through the ranks at ConocoPhillips before taking the top job at independent oil refiner Tesoro Corp. in 2010. Conoco Phillips was his first career stop after graduating from college. Lewis joined Tesoro in 1999. In his view, what is important is doing the right thing for the company. They may have plenty of time to get to know each other. Executives. All rights reserved. the use of artificial intelligence to analyze the risks of investing in a business model and assess [+] the importance of esg in enterprise management. Goff: A target is critical, if nothing more than laying a stake in the ground that everyone can work towards. It isnt the first time Goff, whos in his mid-60s, has been a player in an activist shareholder drama. "He thinks he can pull them out of it. 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. He is unquestionably focused primarily on making organizations work better for all stakeholders.. George Polychronis still lives in Park City as well. Eccles: Opinion is all over the map on the SECs climate change reporting proposal. Tesoro had been searching for a successor since Smith announced last year that he would retire once a replacement was selected. One possibility to solving the housing crisis discussed at ajoint meeting between the Park City Council and Summit County Council on Tuesdaywas the creation of a regional housing authority; a quasi-governmental body formed to coordinate a collaborative, strategic response to housing. Goss impact once joining Tesoro was to see its stock price rise by more than 700 percent. If youre got just a bit more time. Arab world, Middle East, oil industry. 1, said Wednesday. Executives. The largest trade he's ever made was buying 140 units of Polished.com Inc stock on 9 October 2018 worth over $11,131. The two or three areas that stand out would be dealing with the expropriation of ConocoPhillips assets in Valenzuela; transforming Andeavor (formerly Tesoro), a refining, marketing, and logistics company into a high-performing company that generated significant value; and living in Europe running the ConocoPhillips Downstream business for Europe and Asia Pacific. 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. 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. First, continue to eliminate or significantly reduce the CO2 emissions from their business. With over 10 years experience he's covered businesses, CEOs, and investments. [+] Portrait, profile, red background. "It taught him more about business than he could have imagined. I do not believe that we have the luxury of driving change without considering and managing the impacts of change. 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, It only took a few weeks for his bosses to realize he would need to be fast tracked to maximize his considerable talent. Are You Ready For AI-Driven Radical ESG Transparency? This is a carousel. As CEO of Andeavor, spearheaded a financial 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 By Much less optimistic about ESG without the V for Value. Eccles: Getting into oil and gas, do you see this mix changing over time? "Greg was a super intelligent young man and followed what he wanted to do," Polychronis added. It is always enjoyable to have a healthy discussion around such important issues. Eccles: Greg, thanks for your insights. Portrait, profile, red background. You may opt-out by. It became obvious that when Goss joined Tesoro the many challenges presented by the company would not only keep him busy, but happy. 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. Goff: No problem. What is missing is the focus on value. Template. In June 2010, Goff He is also Chairman and Chief Executive Officer of Tesoro Logistics LP. Goff: G, to me, is about decision making, Decision making by the leadership of a company and the board of directors. Generator vs power station: Which one is right for you? 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. But while Goff will address both issues on behalf of Engine No. 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. He is definitely the outdoorsy type. - 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. 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. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. Another son graduated in 2005 and Lets now focus on the oil and gas companies themselves. 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. 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. 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. New Exxon directors resume bolsters best boast. What do they need to do? However, I believe it is a principle-based approach. Smith, 66, will continue as chairman until the companys annual meeting on June 4, when lead director Steven Grapstein will become non-executive chairman. 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 It was something he always wanted, she said. Goss would move from Conoco Phillips to Tesoro after he decided his time with Conoco Phillips had run its course in the development of his career. He moved up to president and chief executive in 1995, and became chairman as well the next year. WebGreg Goff, Marathon Petroleum Corp: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Americas Bloomberg Markets Americas. We also need to use natural resources wisely and efficiently while aggressively managing all negative impacts. Tesoro Logistics LP (TLLP) Q2 2015 Earnings Conference Call August 6, 2015 12:00 PM ET. April was a rough month for Tesoro. One last question: You know I think the politicization of ESG is crazy and a lot of political theater. Goss spends a significant amount of time staying connected with his University of Utah alma mater, particularly the Business School. The bonus is to be paid six months after the retention period ended, SEC documents show. His mother, life-long Park City resident Catherine Polychronis Goff, said his first jobs in Park City set him on the path hes on today. Tesoro CEO Goff Meets with Hoeven to Discuss Company's Expansion Plans. If it were ESGV, it may drive a better focus. What do you think the key issues are in terms of type, cost, and availability? the importance of esg in enterprise management, Why Blowing Up Pipelines Will Not Solve The Climate Crisis. Just last October the company had a fire at its Salt Lake City plant. Goff, as reported yesterday in CSP Daily News, formerly served as senior vice president, commercial for ConocoPhillips. 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: My pleasure Bob, I have given both topics considerable thought, so I am pleased to share my views. (Photo by Sean Gallup/Getty Images). 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. Activist investor Engine No. Eccles: Thanks for your views on trends and energy mix. Greg Goff - Chairman and Chief Executive Officer Vote daily now through 5/15 for the 2023 Best Of San Antonio. What do you think the Western oil and gas majors need to do? Eccles: Im afraid youre right but this spurs one last question and I promise it really is the last one. In search of vegan food, I found a world-class Mendocino inn. Your financial contribution supports our efforts to deliver quality, locally relevant journalism. Unlike most glaciers, Hubbard is advancing vs. receding. In addition to having a sense of urgency, it is important there is very well-developed framework to drive change as we decarbonize. He began his career at Chevron USA in 1970, according to a company biography. It may have been his confidence in Goss that steered him to believe he knew what he was doing. In the end, he established a great relationship with his traveling companions and their wives who were also on board. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. As with many intelligent people, he requires constant challenges to be at his happiest. 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. Previous article in series: The Thin Green Line Hes very aware of them, and has met with them. Were not talking about simply finding it to be a nice place to call home. 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. Here's what the data says. I believe we need to strengthen our competitive position in the world. Smith joined Tesoro in 1992 as chief financial officer. Fuel Fix: Get energy news sent directly to your inbox, Hard work is always the best answer to that question, Sankey said last week. Some see them as villains, others see them as under unfairly under siege because they have a critical role to play. San Antonio Current Staff 5 farmhouses to book for an agritourism getaway, Preorder 'The Legend of Zelda: Tears of the Kingdom' today. 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. Arab world, Middle East, oil industry. Are you optimistic or pessimistic about the energy transition and ESG in America? Catching Up With Sunday, The Green Lawn-Care-In-A-Box Company, IONIQ 6 Makes Hyundai A True Tesla Contender: Test Driven, Companies Must Protect Workers From Heat Stress, Study Warns, McKinsey Predicts Deep Curbs On Car Use, Fall In New Car Sales, Rise Of Micromobility. I dont believe a tax is the best approach. ***. Last updated: 4 January 2023 at 3:09pm EST. Eccles: Opinion varies on whether climate change is happening or not and, even if so, how much of that is due to human activity. Before digging into that, what are your views on coal and nuclear? Also, I met and worked with many fascinating people and especially enjoyed working in many different cultures. Goff will sit on the same board as Exxon Chief Executive Officer Darren Woods, who was head of the companys giant refining division during some of Goffs tenure at Andeavor, making them industry peers for a time. The most active insiders traders include Stephen D Newlin, Houman Akhavan, and Richard H Fearon. He also served as Chairman and Chief Executive Officer of Andeavor Logistics LP (formerly Tesoro Logistics LP), a NYSE-listed master limited partnership that owns, operates and develops crude oil and refined products and logistics assets, from April 2011 to 2018. In 2018 he was named by the Harvard Business Review as one of the top performing CEOs in the world. Goff: We should use coal only when we can completely control the impact on the environment. From 2010 until Goff sold the company to Marathon for $22 billion in 2018, the The oldest executive at Polished.com Inc is RobertAbernathy, 65, who is the Independent Director. On average, Gregory trades about 2 units every 0 days since 2011. 9. 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. Courtesy photo *** Tesoro Corp. changed their name to Andeavor Corp. on Aug. 1, 2017. Our economic system is highly competitive, innovative, resilient, and driven by technology. Greg chose the oil industry with ConocoPhillips. Tesoro's Greg Goff will keep his spot as San Antonio's highest-paid CEO for at least one more year. We can look at very comprehensively. 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. The estimated Net Worth of Gregory James Goff is at least $990 Thousand dollars as of 9 October 2018. WebGoff was hired as the head coach of the Alabama Crimson Tide baseball team on June 17, 2016. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. 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Tesoro was the next step in Goss career due to a bit of espionage. HOUSTON, March 30 (Reuters) - Tesoro Corp. senior vice president Greg Goff to succeed retiring chief executive Bruce Smith. Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources, Musk says Tesla likely to launch full self-drive technology 'this year', Exclusive: JPMorgan employees gripe about Dimon's return-to-office edict, SpaceX rocket explosion illustrates Elon Musk's 'successful failure' formula, Cucinelli posts 33% rise in Q1 sales, confirms 2023 revenue growth forecast, Exclusive-Peter Thiel, Republican megadonor, won't fund candidates in 2024 - sources, Virginia Governor Youngkin 'humbled' by talk of possible presidential run, European Midday Briefing: Mood Brighter After -2-, Tim Cook unveils new Apple store in India, Morgan Stanley's dealmaking CEO Gorman signals more transactions to come, San Antonio Economic Development Foundation.
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