Tesoro He was senior vice president at the Houston-based company before joining Tesoro. 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. How Much is the Entire Mortal Kombat Franchise Worth? Goff: The oil and gas industry is excellent at innovation through engineering. (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. Tesoro said it has hired Greg Goff, a former ConocoPhillips executive, as the companys new president and CEO. Tesoro Tesoro Logistics' (TLLP) CEO Greg Goff on Q2 2015 Results 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 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. Goff: For the world to succeed, they need to operate like the international oil companies (IOCs). Learn how your comment data is processed. Vote daily now through 5/15 for the 2023 Best Of San Antonio. There are 2 older and 14 younger executives at Polished.com Inc. A company should not reflect the view of one person, be it the CEO or a small group of people. Eccles: Finally, and the most controversial, what about the S?. Just last October the company had a fire at its Salt Lake City plant. Goss spends a significant amount of time staying connected with his University of Utah alma mater, particularly the Business School. 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. I believe we need to strengthen our competitive position in the world. 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. People Moves: Tesoro Hires Conoco Exec, Rio Tinto hires Kissinger Tesoro CEO Goff Meets with Hoeven to Discuss Company's Expansion Plans. News Releases - U.S. Senator John Hoeven of North Dakota Your financial contribution supports our efforts to deliver quality, locally relevant journalism. Unlike most glaciers, Hubbard is advancing vs. receding. George Polychronis still lives in Park City as well. Like what needs to get done in the next five to 10 years and what issues will take a longer period of time? Eccles: Greg, thanks for your insights. 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. 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. 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. While he recognizes the importance of the stakeholders, he also recognizes that stakeholders do not benefit unless the company as a whole is successful. Previous article in series: The Thin Green Line UPDATE 1-Tesoro names ConocoPhillips' Greg Goff CEO | Reuters Oil price. What are they doing, not doing, and need to do? Grapstein said in a statement that Tesoro sought a solutions-oriented CEO with a broad background in refining. He thinks he can do it," she said. Goff: An explicit price on carbon is critical to drive change. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. Template. Goff: Sure, Bob, happy to chat a bit more and I can guess what you want to talk about! 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. (Photo by Sean Gallup/Getty Images). Despite the ongoing offers, Goss remained loyal to Conoco, a key personal asset required for rising to any key position in a company. Tesoro WebGreg Goff is Former Vice Chairman at Marathon Petroleum Corp. See Greg Goff's compensation, career history, education, & memberships. Before he joined Tesoro, Smith was treasurer and vice president of Valero Energy Corp. 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. Whats more,, Read More The Top Ten Highest Paid University Presidents in the U.S.Continue, Vitaly Ponomarev is the founder of WayRay. - 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. Tesoro Names new CEO "It's not appropriate to talk at this time." Said company is involved in augmented reality. 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. In search of vegan food, I found a world-class Mendocino inn. Here's what the data says. Greg Goff, left, former Andeavor CEO, and Gary Heminger, current Marathon Petroleum Corp. CEO, plan to leave the Ohio-based refiner. Gregory Goff, who was CEO of San Antonio-based Andeavor when it was bought in 2018 by Marathon Petroleum Corp., is leaving Marathon at the end of this year, the company announced Thursday. 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. 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. Serious arab businessman in national white suit on the background of oil rigs. Also, just weeks before Goff jointed the company, a fire and explosion April 2 at Tesoro's refinery in Anacortes, Wash., killed seven employees. 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 Announces New Chief Executive Officer | Business Wire 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. Goss impact once joining Tesoro was to see its stock price rise by more than 700 percent. Goff: The environment. Eccles: And this naturally takes us to the role of governments. For Goss, giving back is a part of being successful. The estimated Net Worth of Gregory James Goff is at least $990 Thousand dollars as of 9 October 2018. With over 10 years experience he's covered businesses, CEOs, and investments. WebGreg Goff, Marathon Petroleum Corp: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Americas Bloomberg Markets Americas. Also, I met and worked with many fascinating people and especially enjoyed working in many different cultures. Eccles: Related to this, is the Paris Agreement 1.5C target useful from a public policy point of view? WebGoff was hired as the head coach of the Alabama Crimson Tide baseball team on June 17, 2016. 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. 1847 Goedeker markets its products in the United States. 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. * Lead director to replace Smith as chairman June 4. 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 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 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. He is executive Vice Chairman of Marathon Petroleum Corporation, a leading, integrated, downstream energy company, since October 2018. 10 Things You Didn't Know about Andeavor CEO Gregory Goff Conoco Phillips was his first career stop after graduating from college. Tesoro Corporation: A Downstream Monster (NYSE 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. 5 farmhouses to book for an agritourism getaway, Preorder 'The Legend of Zelda: Tears of the Kingdom' today. 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. Arab world, Middle East, oil industry. 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.. More important is the progress along the way, over the next two- and one-half decades. Goff: Two things. She also covers small business topics and issues. He is definitely the outdoorsy type. He would later say that Tesoro had been recruiting him for virtually his entire time at Conoco. He has not left his alma mater behind. (Greg) Goff joined Tesoro as President and Chief Executive Officer in 2010. The bonus is to be paid six months after the retention period ended, SEC documents show. Andeavor Greg Goff Tesoro Tesoro Corporation Western Refining Previous Post Italmatch Chemicals closes financing package to fund new acquisitions, refinance As the Independent Director of Polished.com Inc, the total compensation of Gregory Goff at Polished.com Inc is $242,021. Eccles: Opinion varies on whether climate change is happening or not and, even if so, how much of that is due to human activity. But while Goff will address both issues on behalf of Engine No. Eccles: I hope you dont mind me asking, but what is your political affiliation and how actively do you support your political convictions? He believes that a CEOs primary responsibility is to take the whole of the company into the equation when making final decisions. 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 Logistics LP (TLLP) Q4 2015 Earnings Conference Call February 2, 2016 12:00 PM ET. "It taught him more about business than he could have imagined. 8. Greg Goff - Chairman and Chief Executive Officer Goff: Thank you for the opportunity to engage with you. Before we dig into these topics, please tell me a bit about your professional career. ***. In June 2010, Goff Ernies grandfather was the number one Nash dealer in the country, and Ernie was naturally included in the family business. Is the Stanley Quencher tumbler worth its TikTok hype? The oldest executive at Polished.com Inc is RobertAbernathy, 65, who is the Independent Director. Marathon eventually buckled and agreed to spin off its Speedway gas station chain. Eccles: At the center of the debate about the energy transition is the role of oil and gas. Gregory Goff Net Worth (2023) | wallmine 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. 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-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. It is easy to form agendas around ESG. As the story goes, his supervisor intentionally put the upcoming white collar Goff on a bus load of union guys truckers and mechanics. She is a graduate of the University of Texas at Austin. Each donation will be used exclusively for the development and creation of increased news coverage. 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. 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. 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. 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. Heminger departed and Goff retired. 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. Eccles: Thanks for your views on trends and energy mix. 1, hes no radical. I am a Republican and I actively support areas that are important to my family and me. We know Greg Goff, this will all be orderly.. The retiring Lewis has been responsible for the company's strategic and operational leadership, according to the company's website. Mr. Goff owns over 140 units of Polished.com Inc stock Phil Anderson - President. I believe that companies need to reflect the views of the people who work there and the people who own the company. Tesoro Logistics LP (TLLP) Q2 2015 Earnings Conference Call August 6, 2015 12:00 PM ET. We cant find the page you're looking for. This approach makes it difficult to engage in S. That may sound like an easy way out. Goff: My pleasure Bob, I have given both topics considerable thought, so I am pleased to share my views. The station belonged to his uncle Bud Gasparac. They definitely need to balance the impact of the change on all their key stakeholders. This is a carousel. 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. 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. Greg Goff He remembers teaching all the teenagers who worked for him the importance of accepting responsibility. Every contribution, however large or small, will make a difference. Tesoro 20 Countries With the Least Amount of Debt, The 10 Most Expensive Skateboards in the World, The 10 Best Ducati Motorcycles of All-Time. See if you qualify for a free subscription to our industry leading paper magazine. San Antonio Current Staff Nuclear offers many advantages and while we need to use nuclear power, we need to continue to focus on managing the risks involved. The purpose would be to have standard data with a high degree of integrity to meet the myriad possibilities for all type of uses. 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. 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. Join Facebook to connect with Greg Goff and others you may know. Eccles: Opinion is all over the map on the SECs climate change reporting proposal. As a highly advanced society, we have a moral obligation to live our lives this way. 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). The idea has circulated in the Park City area in previous years, but hasnt gained much traction. Evan Barbosa - Investor Relations Manager. In a Tuesday morning filing with the U.S. Securities & Exchange And what are some of the most important experiences you had in your career? 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. Eccles: What is your sense of urgency on this? 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. One last question: You know I think the politicization of ESG is crazy and a lot of political theater. Eccles: I know youve spent your entire career in the energy industry. One bus tour does not a career make, but the feedback about Goss people management skills came from the union guys themselves. Copyright 2023 Surperformance. 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. See here for a complete list of exchanges and delays. Hutchison retired in 2012 and joined a lobbying firm in 2013 that has represented Tesoro. Romasko's appointment coincides with the retirement March 21 of Everett Lewis, Tesoro's executive vice president and chief operating officer. 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. 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. 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. Why do you think thats the case? Shaw & Co. pushed to split up the refiner, people familiar with the matter said at the time. Am I right? 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As CEO of Andeavor, spearheaded a financial In addition to having a sense of urgency, it is important there is very well-developed framework to drive change as we decarbonize. 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. Gregory J. Goff - CEO @ Andeavor - Crunchbase Person Profile One of the most popular stops on an Alaskan cruise / Alaska vacation, Hubbard Glacier is a very [+] active calving glacier. Goff: Net-zero is a worthwhile aspiration. Soon after that move, he invited sell-side analysts to dinner at Keens Steakhouse in midtown Manhattan, Sankey recalled. Eccles: You know theres pressure on investors to divest and exclude while others are arguing for shareholders to engage with these companies. "He did well no matter what he did.". As of 9 October 2018 he still owns at least 1,626,374 units of Polished.com Inc stock. The multimillion-dollar pay days for Tesoro This site uses Akismet to reduce spam. 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. 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. For both groups, there are processes to drive accountability. It became obvious that when Goss joined Tesoro the many challenges presented by the company would not only keep him busy, but happy. 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. It is always enjoyable to have a healthy discussion around such important issues. Tesoro, like many independent refiners, had struggled with weakened demand and red ink when the recession dampened demand for its fuels. One of his first people skill tests involved a bus ride up to Lake Tahoe, Nevada. Tesoro 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. 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. Tesoro Hires ConocoPhillips Exec. Goff To Be Chief Executive 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. 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. Arab world, Middle East, oil industry. 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. Goff: A target is critical, if nothing more than laying a stake in the ground that everyone can work towards. Goff: Unfortunately, yes, for the reason that I stated earlier. Is this a fair criticism or not? I dont believe a tax is the best approach. 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. Activist investor Engine No. HOUSTON, March 30 (Reuters) - Tesoro Corp TSO.N on Tuesday named ConocoPhillips COP.N senior vice president Greg Goff to succeed retiring chief 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. But the work has to begin now, Penner said. He began his career at Chevron USA in 1970, according to a company biography. Gregory J. Goff serves as Independent Director of the Company. She is a native of Port Arthur, a city whose motto once was "We Oil the World.". Make sure companies are fully transparent in their results and that they have effective governance to drive the change. April was a rough month for Tesoro. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. 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. Eccles: Thanks and Im sure youre right. Eccles: Of course, the elephant in the room is the national oil companies, like Saudi Aramco, Lukoil, Sinopec, and China National Oil Company. How we use all the resources, using the term resources very broadly, and the impact they have on the environment. Tesoro's Greg Goff keeps spot as San Antonio's highest-paid CEO
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