Goff: A target is critical, if nothing more than laying a stake in the ground that everyone can work towards. 7. 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. One of the most popular stops on an Alaskan cruise / Alaska vacation, Hubbard Glacier is a very [+] active calving glacier. Depending on which renewables you are talking about, the scale to meet demand, the continuity of supply, and the life cycle impact are some of the critical considerations. They definitely need to balance the impact of the change on all their key stakeholders. Join Facebook to connect with Greg Goff and others you may know. Eccles: And what is your view of net-zero commitments? (Photo by Sean Gallup/Getty Images). On average, Gregory trades about 2 units every 0 days since 2011. Second, create and develop supplies of energy that are clean. He is unquestionably focused primarily on making organizations work better for all stakeholders.. Evan Barbosa - Investor Relations Manager. 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 was something he always wanted, she said. One bus tour does not a career make, but the feedback about Goss people management skills came from the union guys themselves. All rights reserved. On average, Polished.com Inc executives and independent directors trade stock every 26 days with the average trade being worth of $14,473. Also, just weeks before Goff jointed the company, a fire and explosion April 2 at Tesoro's refinery in Anacortes, Wash., killed seven employees. Goff, as reported yesterday in CSP Daily News, formerly served as senior vice president, commercial for ConocoPhillips. The union guys had told his boss they think he was going to do alright as a manager. HOUSTON, March 30 (Reuters) - Tesoro Corp TSO.N on Tuesday named ConocoPhillips COP.N senior vice president Greg Goff to succeed retiring chief Hutchison retired in 2012 and joined a lobbying firm in 2013 that has represented Tesoro. 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. Eccles: Greg, thanks for your insights. You can see the complete history of Mr. Goff stock trades at the bottom of the page. The purpose would be to have standard data with a high degree of integrity to meet the myriad possibilities for all type of uses. Andeavor Greg Goff Tesoro Tesoro Corporation Western Refining Previous Post Italmatch Chemicals closes financing package to fund new acquisitions, refinance As of 9 October 2018 he still owns at least 1,626,374 units of Polished.com Inc stock. Most recently he bought 140 units of POL stock worth $11,131 on 9 October 2018. Goff: A much more sensitive area. 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. Eccles: Finally, and the most controversial, what about the S?. Creating value with make ESG more meaningful. HOUSTON, March 30 (Reuters) - Tesoro Corp. senior vice president Greg Goff to succeed retiring chief executive Bruce Smith. How we use all the resources, using the term resources very broadly, and the impact they have on the environment. Gregory Goff is 63, he's been the Independent Director of Polished.com Inc since 2011. Mind giving me a recap of this? 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. "He did well no matter what he did.". 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). 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. Evan Barbosa - IR Manager. Our economic system is highly competitive, innovative, resilient, and driven by technology. Tesoro, like many independent refiners, had struggled with weakened demand and red ink when the recession dampened demand for its fuels. 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. Goss spends a significant amount of time staying connected with his University of Utah alma mater, particularly the Business School. 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. Readers around Park City and Summit County make the Park Record's work possible. As with many intelligent people, he requires constant challenges to be at his happiest. I do not believe that we have the luxury of driving change without considering and managing the impacts of change. Last updated: 4 January 2023 at 3:09pm EST. See here for a complete list of exchanges and delays. Goff: Unfortunately, yes, for the reason that I stated earlier. This includes management, employees, and its overall profitability. After earning a bachelors and masters degree from the University of Utah, he took his first job at Conoco Phillips, entering into a management development program. Tenured Harvard Business School professor, now at Oxford University. "It's not appropriate to talk at this time." Do you think this will still be the case by the time the elections come around? He was senior vice president at the Houston-based company before joining Tesoro. He believes that a CEOs primary responsibility is to take the whole of the company into the equation when making final decisions. However, their key stakeholder is different in most of these companiesits their governmentso they need to access the technology and collaborate with the IOCs to deliver similar solutions to their business. - 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. 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. For Goss, giving back is a part of being successful. This is a carousel. 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: Thank you for the opportunity to engage with you. Within a few years the price would soar to $75 a share. Portrait, profile, red background. Goss impact once joining Tesoro was to see its stock price rise by more than 700 percent. With several decades of experience in the oil industry, the company in a press release said he is well qualified for the position. Mr. Goff is currently a board director at ExxonMobil but for this interview he is speaking strictly in his personal capacity. 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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's Greg Goff will keep his spot as San Antonio's highest-paid CEO for at least one more year. 8. Serious arab businessman in national white suit on the background of oil rigs. It is always enjoyable to have a healthy discussion around such important issues. Eccles: Thanks, thats helpful. Tesoro was the next step in Goss career due to a bit of espionage. 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 would later say that Tesoro had been recruiting him for virtually his entire time at Conoco. Eccles: Im looking forward to what you have to say. We expect to generate more than $20 million in annual operating income from this business even if the current economic conditions continue, said Greg Goff, Tesoros chairman, president and CEO. Am I right? Despite the ongoing offers, Goss remained loyal to Conoco, a key personal asset required for rising to any key position in a company. Eccles: I hope you dont mind me asking, but what is your political affiliation and how actively do you support your political convictions? Garrett by trade is a personal finance freelance writer and journalist. Eccles: Im afraid youre right but this spurs one last question and I promise it really is the last one. Goff: Im very optimistic about the transition. An acronym and the words behind it which have become highly politicized. In 2018 he was named by the Harvard Business Review as one of the top performing CEOs in the world. Unlike most glaciers, Hubbard is advancing vs. receding. Before he joined Tesoro, Smith was treasurer and vice president of Valero Energy Corp. 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. Is this a fair criticism or not? Arab world, Middle East, oil industry. The oldest executive at Polished.com Inc is RobertAbernathy, 65, who is the Independent Director. 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. Goff: When I reflect on all the opportunities and challenges, the list is a mile long. Goff: Sure, Bob, happy to chat a bit more and I can guess what you want to talk about! GOP leaders say ballot shortage was targeted at Republicans. She also covers small business topics and issues. 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. The station belonged to his uncle Bud Gasparac. Eccles: And this naturally takes us to the role of governments. ***. 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. Lewis joined Tesoro in 1999. Goff, 53, will take the helm of the second-largest independent U.S. refiner as president and CEO on May 1, the company said. 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. Catherine remembers Greg once saying that working for his uncle at Mount Air was the best preparation for business he could have received. In June 2010, Goff 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. Make sure companies are fully transparent in their results and that they have effective governance to drive the change. Before we dig into these topics, please tell me a bit about your professional career. 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. . His father liked working in sales and, Read More 10 Things You Didnt Know about Ernie Boch Jr.Continue. Goff made the Harvard Business Reviews 2018 list of the best-performing CEOs in the world. 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. Smith joined Tesoro in 1992 as chief financial officer. She is a native of Port Arthur, a city whose motto once was "We Oil the World.". 5. 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. 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. Grapstein said in a statement that Tesoro sought a solutions-oriented CEO with a broad background in refining. Dan's strong leadership capabilities and extensive industry experience will be a great asset to the company, Goff said. A company should not reflect the view of one person, be it the CEO or a small group of people. Heminger departed and Goff retired. Just last October the company had a fire at its Salt Lake City plant. What is missing is the focus on value. Conoco Phillips was his first career stop after graduating from college. 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. 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. The Company offers microwave ovens, grills, fridge, dishwashers, dryers, space heaters, furniture, rugs, garbage disposals, lamps, and home improvement products. Generator vs power station: Which one is right for you? Eccles: I know youve spent your entire career in the energy industry. the use of artificial intelligence to analyze the risks of investing in a business model and assess [+] the importance of esg in enterprise management. For both groups, there are processes to drive accountability. 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. It became obvious that when Goss joined Tesoro the many challenges presented by the company would not only keep him busy, but happy. The companys stock is trading at $13 to $14 per share down from the June 2007 high of almost $63. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. 1847 Goedeker Inc. operates as an online consumer goods retailer. active calving glacier. Its ESG! Goff least the Crimson Tide to a 19341 season before being fired for possibly WebSummary. I am a Republican and I actively support areas that are important to my family and me. It is easy to form agendas around ESG. As CEO of Andeavor, spearheaded a financial Goff: Fully support the companies that have developed strategies to decarbonize their business. 1847 Goedeker markets its products in the United States. What do you think the Western oil and gas majors need to do? The retiring Lewis has been responsible for the company's strategic and operational leadership, according to the company's website. 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 Whats more,, Read More The Top Ten Highest Paid University Presidents in the U.S.Continue, Vitaly Ponomarev is the founder of WayRay. Some see them as villains, others see them as under unfairly under siege because they have a critical role to play. Park City resident Greg Goff began a new challenge today; hes now president and CEO of Tesoro Corporation. Goff: The oil and gas industry is excellent at innovation through engineering. 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. She is a graduate of the University of Texas at Austin. 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. The bonus is to be paid six months after the retention period ended, SEC documents show. Before digging into that, what are your views on coal and nuclear? [+] Portrait, profile, red background. Tesoro has seven U.S. refineries west of the Mississippi River with a combined capacity of 665,000 barrels a day. Copyright 2023 Surperformance. 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. In addition, he makes $242,021 as Independent Director at Polished.com Inc. Gregory has made over 1 trades of the Polished.com Inc stock since 2018, according to the Form 4 filled with the SEC. Template. And they often had to choose between recreation and their job," he said. Phil Anderson - President. Eccles: Getting into oil and gas, do you see this mix changing over time? He is executive Vice Chairman of Marathon Petroleum Corporation, a leading, integrated, downstream energy company, since October 2018. 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. But while Goff will address both issues on behalf of Engine No. 6. Its nice to get a practical view of ESGand from a Republican, no less! 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. What do you think the key issues are in terms of type, cost, and availability? 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. 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. See if you qualify for a free subscription to our industry leading paper magazine. There are 6 executives at Polished.com Inc getting paid more, with RobertPatterson having the highest compensation of $6,106,630. 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. He moved up to president and chief executive in 1995, and became chairman as well the next year. 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. WebGreg Goff is Former Vice Chairman at Marathon Petroleum Corp. See Greg Goff's compensation, career history, education, & memberships. 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. 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. Wawa to Break Ground on First North Carolina C-store, First Allsup's Express Grab & Go Location Opens. He fixed cars, but eventually hired a mechanic while he went back to the university for a Master of Business Administration degree. The idea has circulated in the Park City area in previous years, but hasnt gained much traction. We can look at very comprehensively. Another son graduated in 2005 and Park City, Summit County explore creating a regional housing authority, Kimball Art Center clarifies Park City festival attendance, says drop not as dramatic as it appears, Park City Mountain, Deer Valley still have plenty of snow, but postseason earn-your-turns skiing is prohibited, Utah judge to consider challenge to new abortion clinic ban, Coffee cart brews success for Ecker Hill Middle School students. WebGregory J. Eccles: You know theres pressure on investors to divest and exclude while others are arguing for shareholders to engage with these companies. This site uses Akismet to reduce spam. The small businesses hed grown up around in Park City were struggling in the early 1980s, she said. 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 WebGreg Goff, Marathon Petroleum Corp: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Americas Bloomberg Markets Americas. I believe we need to strengthen our competitive position in the world. He also had previously been a banker and a financial analyst for Ford Motor Co. (Reporting by Kristen Hays; Editing by Gary Hill). I believe they will continue to improve the value and impact of fracking. He likes to work long hours, not endure them. 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. Hes very aware of them, and has met with them. He would later say that Tesoro had been recruiting him for virtually his entire time at Conoco. 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. In his view, what is important is doing the right thing for the company. Goss reflected on the trip, saying those guys drink like fish and mentioned they had to stop once to refill the liquor supply. WebGoff was hired as the head coach of the Alabama Crimson Tide baseball team on June 17, 2016. Vicki Vaughan writes about refining and publicly traded energy companies based in San Antonio. 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. 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 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. While he recognizes the importance of the stakeholders, he also recognizes that stakeholders do not benefit unless the company as a whole is successful. 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 joined Tesoro from Ultramar Diamond Shamrock Corp., where he was vice president of corporate planning and investor relations. 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. Goff, who joined Tesoro as CEO and president May 1, also is a ConocoPhillips veteran. Were not talking about simply finding it to be a nice place to call home. Every contribution, however large or small, will make a difference. 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. Tesoro said it has hired Greg Goff, a former ConocoPhillips executive, as the companys new president and CEO. Whats your quick take on it? 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. This approach makes it difficult to engage in S. That may sound like an easy way out. - 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.
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