Goff: A target is critical, if nothing more than laying a stake in the ground that everyone can work towards. I believe they will continue to improve the value and impact of fracking. In addition to having a sense of urgency, it is important there is very well-developed framework to drive change as we decarbonize. But I think your view is that climate change is a real phenomenon and humans have responsibility in both creating it and dealing with it. Activist investor Engine No. Hes very aware of them, and has met with them. Eccles: Thanks for your views on trends and energy mix. active calving glacier. 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. Get news highlights delivered directly to your e-mail inbox. They may have plenty of time to get to know each other. "Greg was a super intelligent young man and followed what he wanted to do," Polychronis added. Among the recreational things he likes to do are fly fishing and mountain bike riding. 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 1, hes no radical. Unlike most glaciers, Hubbard is advancing vs. receding. Tesoro The estimated Net Worth of Gregory James Goff is at least $990 Thousand dollars as of 9 October 2018. 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. Tesoro, like many independent refiners, had struggled with weakened demand and red ink when the recession dampened demand for its fuels. He thinks he can do it," she said. Join Facebook to connect with Greg Goff and others you may know. On average, Gregory trades about 2 units every 0 days since 2011. Eccles: I hope you dont mind me asking, but what is your political affiliation and how actively do you support your political convictions? We absolutely need to respect and protect our environment. Soon after that move, he invited sell-side analysts to dinner at Keens Steakhouse in midtown Manhattan, Sankey recalled. However, I believe it is a principle-based approach. A company should not reflect the view of one person, be it the CEO or a small group of people. Oil price. Learn how your comment data is processed. (Photo by Sean Gallup/Getty Images). 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. HOUSTON, March 30 (Reuters) - Tesoro Corp. senior vice president Greg Goff to succeed retiring chief executive Bruce Smith. 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 friendly and could relate to the everyday worker, an essential skill when selected to be CEO of a major corporation. For both groups, there are processes to drive accountability. Dan's strong leadership capabilities and extensive industry experience will be a great asset to the company, Goff said. Eccles: Thanks, thats helpful. April was a rough month for Tesoro. Ive learned a lot. 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. 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Tesoro's Greg Goff keeps spot as San Antonio's highest-paid CEO He is executive Vice Chairman of Marathon Petroleum Corporation, a leading, integrated, downstream energy company, since October 2018. Goff: Sure, Bob, happy to chat a bit more and I can guess what you want to talk about! For Goss, giving back is a part of being successful. His father Calvin had a successful career with General Electric. The small businesses hed grown up around in Park City were struggling in the early 1980s, she said. I believe we need to strengthen our competitive position in the world. Phil Anderson - President. Tesoro CEO Goff Meets with Hoeven to Discuss Company's Expansion Plans. Goff: Fully support the companies that have developed strategies to decarbonize their business. As the story goes, his supervisor intentionally put the upcoming white collar Goff on a bus load of union guys truckers and mechanics. Last updated: 4 January 2023 at 3:09pm EST. In the end, he established a great relationship with his traveling companions and their wives who were also on board. * Lead director to replace Smith as chairman June 4. With over 10 years experience he's covered businesses, CEOs, and investments. There are 2 older and 14 younger executives at Polished.com Inc. 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. I dont believe a tax is the best approach. 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. Goff: For the world to succeed, they need to operate like the international oil companies (IOCs). One last question: You know I think the politicization of ESG is crazy and a lot of political theater. Gregory J. Goff serves as Independent Director of the Company. Portrait, profile, red background. "He did well no matter what he did.". New Exxon directors resume bolsters best boast. This includes management, employees, and its overall profitability. 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: Im very optimistic about the transition. Greg Goff, Marathon Petroleum Corp: Profile and Biography As CEO of Andeavor, spearheaded a financial Tesoro Corporation: A Downstream Monster (NYSE Tesoro Hires ConocoPhillips Exec. Goff To Be Chief Executive Tesoro Lewis joined Tesoro in 1999. 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. 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. Its ESG! As the Independent Director of Polished.com Inc, the total compensation of Gregory Goff at Polished.com Inc is $242,021. 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. 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. Nuclear offers many advantages and while we need to use nuclear power, we need to continue to focus on managing the risks involved. If youre got just a bit more time. 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: One other specific question: Do we need a carbon tax and, if so, can you see this as ever happening? While serving as executive vice chairman of Marathon Petroleum Corp. two years ago, he emerged as a potential replacement for then-CEO Gary Heminger as Elliott Management Corp. and D.E. Tesoro Logistics LP (TLLP) Q2 2015 Earnings Conference Call August 6, 2015 12:00 PM ET. Tesoro If you typed the URL into your browser, check that you entered it correctly. But while Goff will address both issues on behalf of Engine No. He fixed cars, but eventually hired a mechanic while he went back to the university for a Master of Business Administration degree. Is this a fair criticism or not? Evan Barbosa - Investor Relations Manager. Another son graduated in 2005 and Goff: Yes. 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. That high is less than what Exxon shares trade for now. 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. Before Greg Goff was elected as a dissident director to Exxon Mobil Corp.s board, the oil company called him unqualified. Yet its hard to find many people who would agree with that assessment, least of all the man himself. Tesoro's Greg Goff will keep his spot as San Antonio's highest-paid CEO for at least one more year. Garrett by trade is a personal finance freelance writer and journalist. Tesoro Mr. Goff is currently a board director at ExxonMobil but for this interview he is speaking strictly in his personal capacity. 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. "It taught him more about business than he could have imagined. 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. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. (George) was a noted, good business man and he taught him a lot," she said. Creating value with make ESG more meaningful. 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. Eccles: Renewable energy is obviously key to the energy transition, and it comes in many forms. I am a Republican and I actively support areas that are important to my family and me. He would later say that Tesoro had been recruiting him for virtually his entire time at Conoco. 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 is definitely the outdoorsy type. People Moves: Tesoro Hires Conoco Exec, Rio Tinto hires Kissinger Gregory Goff Net Worth (2023) | wallmine Eccles: Related to this, is the Paris Agreement 1.5C target useful from a public policy point of view? Joining me are Greg Goff, Chairman and CEO; Phil Anderson, President; and Steven Sterin, CFO. He began his career at Chevron USA in 1970, according to a company biography. Also, I met and worked with many fascinating people and especially enjoyed working in many different cultures. We need to continually improve both the input and the output, while eliminating, or significantly eliminating, negative impacts. Just last October the company had a fire at its Salt Lake City plant. Tesoro CEO Working on Strategic Plan | Convenience Store News Hutchison retired in 2012 and joined a lobbying firm in 2013 that has represented Tesoro. 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. 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. Tesoro Tesoro said it has hired Greg Goff, a former ConocoPhillips executive, as the companys new president and CEO. 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. An acronym and the words behind it which have become highly politicized. 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. . 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. 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. Tesoro had been searching for a successor since Smith announced last year that he would retire once a replacement was selected. Courtesy photo *** Tesoro Corp. changed their name to Andeavor Corp. on Aug. 1, 2017. 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 proved early on he had the capacity to engage with diverse groups of people. 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. He offers insights and inspiration to students, and serves on a number of boards and committees. Eccles: And what is your view of net-zero commitments? 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 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. 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. Here are some things you are not likely to know about Goss and the experience he brings to the Andeavor endeavor to grow and remain competitive. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. Andeavor Greg Goff Tesoro Tesoro Corporation Western Refining Previous Post Italmatch Chemicals closes financing package to fund new acquisitions, refinance Before digging into that, what are your views on coal and nuclear? What do you think the Western oil and gas majors need to do? 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. Previous article in series: The Thin Green Line 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 Greg chose the oil industry with ConocoPhillips. 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. He remembers teaching all the teenagers who worked for him the importance of accepting responsibility. Also keep in mind that this was a time when the relationship management and unions were strained. Catherine remembers Greg once saying that working for his uncle at Mount Air was the best preparation for business he could have received. 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. 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. It isnt the first time Goff, whos in his mid-60s, has been a player in an activist shareholder drama. We also need to use natural resources wisely and efficiently while aggressively managing all negative impacts. He believes that a CEOs primary responsibility is to take the whole of the company into the equation when making final decisions. Goff: The environment. Readers around Park City and Summit County make the Park Record's work possible. And what are some of the most important experiences you had in your career? All rights reserved.