I believe they will continue to improve the value and impact of fracking. We absolutely need to respect and protect our environment. From Park City grocery to oil CEO | ParkRecord.com Among the recreational things he likes to do are fly fishing and mountain bike riding. Eccles: You know theres pressure on investors to divest and exclude while others are arguing for shareholders to engage with these companies. In the end, he established a great relationship with his traveling companions and their wives who were also on board. Nuclear offers many advantages and while we need to use nuclear power, we need to continue to focus on managing the risks involved. Goff: A target is critical, if nothing more than laying a stake in the ground that everyone can work towards. 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. What is missing is the focus on value. All quotes delayed a minimum of 15 minutes. WebGregory J. Goff Former Chief Executive Officer of Andeavor ~40-year track record of success in the energy industry. Why do you think thats the case? 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 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. 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. Do you think this will still be the case by the time the elections come around? Ernies grandfather was the number one Nash dealer in the country, and Ernie was naturally included in the family business. 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. 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. As with many intelligent people, he requires constant challenges to be at his happiest. Every once in a while, an extremely bright and gifted person emerges onto the scene in the business world who leaves those around him or her in a state of awe. Goff had risen through the ranks at ConocoPhillips before taking the top job at independent oil refiner Tesoro Corp. in 2010. 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. (George) was a noted, good business man and he taught him a lot," she said. Smith joined Tesoro in 1992 as chief financial officer. He thinks he can do it," she said. 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. Goss impact once joining Tesoro was to see its stock price rise by more than 700 percent. Learn how your comment data is processed. The union guys had told his boss they think he was going to do alright as a manager. 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. 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. WebGregory J. Our Standards: The Thomson Reuters Trust Principles. 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. Smith, 66, will continue as chairman until the companys annual meeting on June 4, when lead director Steven Grapstein will become non-executive chairman. Eccles: Renewable energy is obviously key to the energy transition, and it comes in many forms. I do not have the confidence that they government would tax and redeploy the capital in a way that creates value. Goff: The global demand for energy is so great and growing, that the scale to supply energy is a significant challenge. 5. [+] Portrait, profile, red background. Conoco Phillips was his first career stop after graduating from college. Eccles: And what is your view of net-zero commitments? Arab world, Middle East, oil industry. Catherine remembers Greg once saying that working for his uncle at Mount Air was the best preparation for business he could have received. Make sure companies are fully transparent in their results and that they have effective governance to drive the change. Hes very aware of them, and has met with them. Andeavor Greg Goff Tesoro Tesoro Corporation Western Refining Previous Post Italmatch Chemicals closes financing package to fund new acquisitions, refinance The oldest executive at Polished.com Inc is RobertAbernathy, 65, who is the Independent Director. This is a carousel. But Goffs mother Catherine Goff said since his days playing Park City High School sports he was always up for a challenge. Goff, who joined Tesoro as CEO and president May 1, also is a ConocoPhillips veteran. More important is the progress along the way, over the next two- and one-half decades. All rights reserved. Marathon eventually buckled and agreed to spin off its Speedway gas station chain. Young Entrepreneur to Watch: Luciano Schipelliti. 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: Thanks and Im sure youre right. But while Goff will address both issues on behalf of Engine No. Another son graduated in 2005 and Mr. Goff was President and Chief Executive Officer of Andeavor (an Tesoro lands a new executive - mysanantonio.com Goff, 53, will take the helm of the second-largest independent U.S. refiner as president and CEO on May 1, the company said. 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. Goff: Unfortunately, yes, for the reason that I stated earlier. 1, said Wednesday. 6. Arab world, Middle East, oil industry. On average, Polished.com Inc executives and independent directors trade stock every 26 days with the average trade being worth of $14,473. In search of vegan food, I found a world-class Mendocino inn. For both groups, there are processes to drive accountability. That high is less than what Exxon shares trade for now. It isnt the first time Goff, whos in his mid-60s, has been a player in an activist shareholder drama. Tesoro 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. Texas cheerleader who was shot after her teammate mistakenly got into S.A. area's first horror-focused bookstore officially opens, Under-the-radar San Antonio burgers to try right now, New Braunfels golf course Sip N Putt is leaving putt putt in the dust, What to know about the invasive hammerhead flatworms spotted in Texas, Cardi B speaks out on 'mean girls' in viral TikTok at Houston Astros game, Highest-rated restaurants for tacos in San Antonio, according to Yelp, Medical Drive apartment shooting leaves 1 dead; suspect in custody after standoff. The companys stock is trading at $13 to $14 per share down from the June 2007 high of almost $63. He remembers teaching all the teenagers who worked for him the importance of accepting responsibility. He proved early on he had the capacity to engage with diverse groups of people. . Tesoro Names new CEO Greg Goff Opinions expressed by Forbes Contributors are their own. Tesoro had been searching for a successor since Smith announced last year that he would retire once a replacement was selected. 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In 2018 he was named by the Harvard Business Review as one of the top performing CEOs in the world. 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. A Conversation With Greg Goff About The Energy Transition And Soon after that move, he invited sell-side analysts to dinner at Keens Steakhouse in midtown Manhattan, Sankey recalled. He has not left his alma mater behind. Among the recreational things he likes to Were not talking about simply finding it to be a nice place to call home. 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. Gregory J. Goff | Reenergize Exxon Another son graduated in 2005 and currently lives in Texas, Catherine said. Most recently he bought 140 units of POL stock worth $11,131 on 9 October 2018. Park City resident Greg Goff began a new challenge today; hes now president and CEO of Tesoro Corporation. 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. Much less optimistic about ESG without the V for Value. Goff heads ConocoPhillips trading operations as senior vice president of commercial, but has extensive experience in refining and other divisions. Also, just weeks before Goff jointed the company, a fire and explosion April 2 at Tesoro's refinery in Anacortes, Wash., killed seven employees. - 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. 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. As CEO of Andeavor, spearheaded a financial Evan Barbosa - Investor Relations Manager. Tesoro 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. He was senior vice president at the Houston-based company before joining Tesoro. Tesoro Romasko's appointment coincides with the retirement March 21 of Everett Lewis, Tesoro's executive vice president and chief operating officer. (Photo by Sean Gallup/Getty Images). His father liked working in sales and, Read More 10 Things You Didnt Know about Ernie Boch Jr.Continue. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. 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. 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. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. 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 Tesoro, like many independent refiners, had struggled with weakened demand and red ink when the recession dampened demand for its fuels. For Goss, giving back is a part of being successful. Prior to joining He likes to work long hours, not endure them. The purpose would be to have standard data with a high degree of integrity to meet the myriad possibilities for all type of uses. However, I believe it is a principle-based approach. Andeavor is an oil refinery and logistics corporation that has 10 refineries and employs more than 14,000 people in 18 states west of the Mississippi. She is a native of Port Arthur, a city whose motto once was "We Oil the World.". 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. ***. Get news highlights delivered directly to your e-mail inbox. Tesoro Logistics LP (TLLP) Q2 2015 Earnings Conference Call August 6, 2015 12:00 PM ET. Whats more,, Read More The Top Ten Highest Paid University Presidents in the U.S.Continue, Vitaly Ponomarev is the founder of WayRay. 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. on Fri, Dec 3, 2021 at 11:42 am, What better time than now to hop in the car and travel to one of Texas' many state parks to enjoy the, A geodesic dome homenear Leon Springs is on the market for $750,000, following a recent $24,000 price reduction, according to its listing., A nearly 25-acre cliffside property on the North Fork Guadalupe River has hit the market for close to $2.7 million, according to, San Antonio's annual citywide party, Fiesta, is generally an easygoing affair. Greg Goff, Marathon Petroleum Corp: Profile and Biography I believe that there are better organizations to be a repository of this data than the SEC. Lewis joined Tesoro in 1999. 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. As the Independent Director of Polished.com Inc, the total compensation of Gregory Goff at Polished.com Inc is $242,021. In June 2010, Goff See here for a complete list of exchanges and delays. 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. 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. An explosion in Washington State killed seven people the most severe in the nation since 2005. Gregory Goff Net Worth (2023) | wallmine Greg chose the oil industry with ConocoPhillips. 1, hes no radical. HOUSTON, March 30 (Reuters) - Tesoro Corp TSO.N on Tuesday named ConocoPhillips COP.N senior vice president Greg Goff to succeed retiring chief Goff: We should use coal only when we can completely control the impact on the environment. It was something he always wanted, she said. Goff: G, to me, is about decision making, Decision making by the leadership of a company and the board of directors. Tesoro's Greg Goff keeps spot as San Antonio's highest-paid CEO I do not believe that we have the luxury of driving change without considering and managing the impacts of change. At Suncor, Romasko's job was to focus on operations, with emphasis on improving reliability, safety and environmental performance. What do you think the key issues are in terms of type, cost, and availability? It is easy to form agendas around ESG. We need to continually improve both the input and the output, while eliminating, or significantly eliminating, negative impacts. 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. This site uses Akismet to reduce spam. 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. Goff: For the world to succeed, they need to operate like the international oil companies (IOCs). Yet he knows when to dial down the work environment temperature to spend time with his family and return to the recreational advantages of his home state. Readers around Park City and Summit County make the Park Record's work possible. Executives. 1847 Goedeker Inc. operates as an online consumer goods retailer. Within a few years the price would soar to $75 a share. Tesoro was the next step in Goss career due to a bit of espionage. In his view, what is important is doing the right thing for the company. The bonus is to be paid six months after the retention period ended, SEC documents show. To begin with, it is socially and spiritually convenient and rewarding to be literate. 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. In a Tuesday morning filing with the U.S. Securities & Exchange Gregory James Goff is a businessperson who has been at the helm of 13 different companies and presently is President & Director at Tesoro Refining & Marketing Co. LLC. "It taught him more about business than he could have imagined. 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. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Whats your quick take on it? "It's not appropriate to talk at this time." 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. 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. This approach makes it difficult to engage in S. That may sound like an easy way out. Generator vs power station: Which one is right for you? Tesoro Template. 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 Garrett by trade is a personal finance freelance writer and journalist. Polished.com Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. What do you think the Western oil and gas majors need to do? Eccles: And this naturally takes us to the role of governments. 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. Activist Exxon Director Has a Resume Behind Best-in-World Boast 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 wasnt immediately available for comment. Its nice to get a practical view of ESGand from a Republican, no less! We can look at very comprehensively.
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