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In search of vegan food, I found a world-class Mendocino inn. And what are some of the most important experiences you had in your career? Greg chose the oil industry with ConocoPhillips. Tesoro 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. 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. 4. 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. 1847 Goedeker Inc. operates as an online consumer goods retailer. 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. San Antonio Current Staff The idea has circulated in the Park City area in previous years, but hasnt gained much traction. Goss impact once joining Tesoro was to see its stock price rise by more than 700 percent. It is easy to form agendas around ESG. Goff: When I reflect on all the opportunities and challenges, the list is a mile long. [+] Portrait, profile, red background. He likes to work long hours, not endure them. - 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. I do not believe that we have the luxury of driving change without considering and managing the impacts of change. I believe that companies need to reflect the views of the people who work there and the people who own the company. 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. To begin with, it is socially and spiritually convenient and rewarding to be literate. If it were ESGV, it may drive a better focus. Goff: Net-zero is a worthwhile aspiration. He moved up to president and chief executive in 1995, and became chairman as well the next year. What are they doing, not doing, and need to do? New Exxon directors resume bolsters best boast Courtesy photo *** Tesoro Corp. changed their name to Andeavor Corp. on Aug. 1, 2017. Eccles: You know theres pressure on investors to divest and exclude while others are arguing for shareholders to engage with these companies. (Greg) Goff joined Tesoro as President and Chief Executive Officer in 2010. 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.". "Even when they were young kids Id put them in charge of an area in the store and it was their responsibility. Tesoro The small businesses hed grown up around in Park City were struggling in the early 1980s, she said. Like what needs to get done in the next five to 10 years and what issues will take a longer period of time? You can see the complete history of Mr. Goff stock trades at the bottom of the page. Is the Stanley Quencher tumbler worth its TikTok hype? 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. 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. WebGreg Goff is Former Vice Chairman at Marathon Petroleum Corp. See Greg Goff's compensation, career history, education, & memberships. Vicki Vaughan writes about refining and publicly traded energy companies based in San Antonio. 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. In his view, what is important is doing the right thing for the company. 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. 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, coal-fired power station, which is owned by Vatenfall, April 12, 2007 at Jaenschwalde, Germany. 1, hes no radical. Our economic system is highly competitive, innovative, resilient, and driven by technology. Gregory Goff Net Worth (2023) | wallmine Tesoro 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 companys stock is trading at $13 to $14 per share down from the June 2007 high of almost $63. Tesoro 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. 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. Oil price. Arab world, Middle East, oil industry. 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. All quotes delayed a minimum of 15 minutes. Tesoro Hires ConocoPhillips Exec. Goff To Be Chief Executive 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. (Photo by Sean Gallup/Getty Images). Tesoro 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. WebView the profiles of people named Greg Goff. 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. Eccles: I hope you dont mind me asking, but what is your political affiliation and how actively do you support your political convictions? ExxonMobil faces a number of climate-related votes at the gathering, which went into a one-hour recess late Wednesday morning following speeches from sponsors of the shareholder motions. As with many intelligent people, he requires constant challenges to be at his happiest. Greg Goff Wiki, Bio, Age, Wife, Net Worth ItsBiography Eccles: Renewable energy is obviously key to the energy transition, and it comes in many forms. ***. The estimated Net Worth of Gregory James Goff is at least $990 Thousand dollars as of 9 October 2018. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. When joining Tesoro, the stock price of the company was at $10 a share. Am I right? Mr. Goff is currently a board director at ExxonMobil but for this interview he is speaking strictly in his personal capacity. While he recognizes the importance of the stakeholders, he also recognizes that stakeholders do not benefit unless the company as a whole is successful. 10 Things You Didn't Know about Andeavor CEO Gregory Goff They may have plenty of time to get to know each other. 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. Do you think this will still be the case by the time the elections come around? Goff, who joined Tesoro as CEO and president May 1, also is a ConocoPhillips veteran. Tesoro has seven U.S. refineries west of the Mississippi River with a combined capacity of 665,000 barrels a day. 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. From 2010 until Goff sold the company to Marathon for $22 billion in 2018, the 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. Opinions expressed by Forbes Contributors are their own. He offers insights and inspiration to students, and serves on a number of boards and committees. Activist Exxon Director Has a Resume Behind Best-in-World Boast Eccles: And this naturally takes us to the role of governments. Is this a fair criticism or not? Andeavor Greg Goff Tesoro Tesoro Corporation Western Refining Previous Post Italmatch Chemicals closes financing package to fund new acquisitions, refinance 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. 6. Smith joined Tesoro in 1992 as chief financial officer. There are 2 older and 14 younger executives at Polished.com Inc. Goff: Im very optimistic about the transition. 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. This site uses Akismet to reduce spam. Eccles: Of course, the elephant in the room is the national oil companies, like Saudi Aramco, Lukoil, Sinopec, and China National Oil Company. Phil Anderson - President. Vote daily now through 5/15 for the 2023 Best Of San Antonio. Last updated: 4 January 2023 at 3:09pm EST. 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. This is a carousel. Join Facebook to connect with Greg Goff and others you may know. Activist investor Engine No. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. 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. One last question: You know I think the politicization of ESG is crazy and a lot of political theater. the importance of esg in enterprise management, Why Blowing Up Pipelines Will Not Solve The Climate Crisis. Eccles: Getting into oil and gas, do you see this mix changing over time? Fortunately, I spent time in the upstream, downstream, midstream, and commercial parts of the industry. An Exxon spokesman said the company welcomes the new directors to the board and is looking forward to working with them constructively and collectively to benefit all shareholders., On HoustonChronicle.com: Big Oil confronted with 'day of reckoning' on climate change after Exxon board shake-up. Eccles: Opinion is all over the map on the SECs climate change reporting proposal. Goff made the Harvard Business Reviews 2018 list of the best-performing CEOs in the world. 9. Side view. More important is the progress along the way, over the next two- and one-half decades. Goff least the Crimson Tide to a 19341 season before being fired for possibly He joined Tesoro from Ultramar Diamond Shamrock Corp., where he was vice president of corporate planning and investor relations. Goff, as reported yesterday in CSP Daily News, formerly served as senior vice president, commercial for ConocoPhillips. Why do you think thats the case? Portrait, profile, red background. 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.. 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WebGreg Goff, Marathon Petroleum Corp: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Americas Bloomberg Markets Americas. 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. How Much is the Entire Mortal Kombat Franchise Worth? Most recently he bought 140 units of POL stock worth $11,131 on 9 October 2018. (George) was a noted, good business man and he taught him a lot," she said. Before he joined Tesoro, Smith was treasurer and vice president of Valero Energy Corp. Gregory J. Goff - CEO @ Andeavor - Crunchbase Person Profile For Goss, giving back is a part of being successful. Tesoro Goff wasnt immediately available for comment. All rights reserved. What do you think the key issues are in terms of type, cost, and availability? He is unquestionably focused primarily on making organizations work better for all stakeholders.. People Moves: Tesoro Hires Conoco Exec, Rio Tinto hires Kissinger Catherine remembers Greg once saying that working for his uncle at Mount Air was the best preparation for business he could have received. He began his career at Chevron USA in 1970, according to a company biography. She is a graduate of the University of Texas at Austin. Conoco Phillips was his first career stop after graduating from college. Make sure companies are fully transparent in their results and that they have effective governance to drive the change. HOUSTON, March 30 (Reuters) - Tesoro Corp TSO.N on Tuesday named ConocoPhillips COP.N senior vice president Greg Goff to succeed retiring chief In addition to having a sense of urgency, it is important there is very well-developed framework to drive change as we decarbonize. 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. 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. 1847 Goedeker markets its products in the United States. 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. 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. Whats your quick take on it? Eccles: I know youve spent your entire career in the energy industry. He is executive Vice Chairman of Marathon Petroleum Corporation, a leading, integrated, downstream energy company, since October 2018. Arab world, Middle East, oil industry. The most active insiders traders include Stephen D Newlin, Houman Akhavan, and Richard H Fearon. News Releases - U.S. Senator John Hoeven of North Dakota There are 6 executives at Polished.com Inc getting paid more, with RobertPatterson having the highest compensation of $6,106,630. Are you optimistic or pessimistic about the energy transition and ESG in America? If you typed the URL into your browser, check that you entered it correctly. "He thinks he can pull them out of it. 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. Every contribution, however large or small, will make a difference. Goff: An explicit price on carbon is critical to drive change. Hes very aware of them, and has met with them. After he was done with an MBA, Greg looked to work for a major company himself. Tesoro In 2018 he was named by the Harvard Business Review as one of the top performing CEOs in the world. We need to continually improve both the input and the output, while eliminating, or significantly eliminating, negative impacts. Eccles: Im looking forward to what you have to say. An explosion in Washington State killed seven people the most severe in the nation since 2005. He also had previously been a banker and a financial analyst for Ford Motor Co. (Reporting by Kristen Hays; Editing by Gary Hill). It became obvious that when Goss joined Tesoro the many challenges presented by the company would not only keep him busy, but happy. 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: For the world to succeed, they need to operate like the international oil companies (IOCs). Goff: Yes. The purpose would be to have standard data with a high degree of integrity to meet the myriad possibilities for all type of uses. 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). He fixed cars, but eventually hired a mechanic while he went back to the university for a Master of Business Administration degree. Second, create and develop supplies of energy that are clean. I believe they will continue to improve the value and impact of fracking. Lets now focus on the oil and gas companies themselves. He has not left his alma mater behind. April was a rough month for Tesoro. GOP leaders say ballot shortage was targeted at Republicans. The refined products will come from Tesoros Anacortes refinery, a 120,000-barrel-a-day facility located north of Seattle, Washington. Its nice to get a practical view of ESGand from a Republican, no less! From 2010 until Goff sold the company to Marathon for $22 billion in 2018, the stock rose 1,032 percent, compared with the 30.5 percent gain in the S&P 500 Energy Index.