Get news highlights delivered directly to your e-mail inbox. Tesoro, like many independent refiners, had struggled with weakened demand and red ink when the recession dampened demand for its fuels. Shaw & Co. pushed to split up the refiner, people familiar with the matter said at the time. Eccles: Opinion varies on whether climate change is happening or not and, even if so, how much of that is due to human activity. 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. One bus tour does not a career make, but the feedback about Goss people management skills came from the union guys themselves. Greg chose the oil industry with ConocoPhillips. Dan's strong leadership capabilities and extensive industry experience will be a great asset to the company, Goff said. Goff made the Harvard Business Reviews 2018 list of the best-performing CEOs in the world. Hutchison retired in 2012 and joined a lobbying firm in 2013 that has represented Tesoro. An acronym and the words behind it which have become highly politicized. 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. Eccles: Thanks for your views on trends and energy mix. Tesoro will assume the $66 million in debt and contribute about $10 million toward working capital, the company said. We also need to use natural resources wisely and efficiently while aggressively managing all negative impacts. Fuel Fix: Get energy news sent directly to your inbox, Hard work is always the best answer to that question, Sankey said last week. Goff: We should use coal only when we can completely control the impact on the environment. We need to continually improve both the input and the output, while eliminating, or significantly eliminating, negative impacts. Eccles: Opinion is all over the map on the SECs climate change reporting proposal. Tesoro Logistics LP (TLLP) Q2 2015 Earnings Conference Call August 6, 2015 12:00 PM ET. 7. 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. 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 are they doing, not doing, and need to do? It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. On average, Gregory trades about 2 units every 0 days since 2011. Eccles: Of course, the elephant in the room is the national oil companies, like Saudi Aramco, Lukoil, Sinopec, and China National Oil Company. 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. I believe that companies need to reflect the views of the people who work there and the people who own the company. The former CEO of San Antonio oil company Tesoro is San Antonio Current Staff In his view, what is important is doing the right thing for the company. 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. Tesoro Tesoro Logistics' (TLLP) CEO Greg Goff on Q2 2015 Results 1847 Goedeker Inc. operates as an online consumer goods retailer. Tesoro Corporation: A Downstream Monster (NYSE The two or three areas that stand out would be dealing with the expropriation of ConocoPhillips assets in Valenzuela; transforming Andeavor (formerly Tesoro), a refining, marketing, and logistics company into a high-performing company that generated significant value; and living in Europe running the ConocoPhillips Downstream business for Europe and Asia Pacific. 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. 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. 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. Goff will sit on the same board as Exxon Chief Executive Officer Darren Woods, who was head of the companys giant refining division during some of Goffs tenure at Andeavor, making them industry peers for a time. * Lead director to replace Smith as chairman June 4. 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. Are you optimistic or pessimistic about the energy transition and ESG in America? Goff: Net-zero is a worthwhile aspiration. 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). Copyright 2023 Surperformance. All quotes delayed a minimum of 15 minutes. He proved early on he had the capacity to engage with diverse groups of people. Eccles: And what is your view of net-zero commitments? But Goffs mother Catherine Goff said since his days playing Park City High School sports he was always up for a challenge. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. 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. - 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. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. 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. Tesoro said it has hired Greg Goff, a former ConocoPhillips executive, as the companys new president and CEO. 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. The station belonged to his uncle Bud Gasparac. They definitely need to balance the impact of the change on all their key stakeholders. In June 2010, Goff Eccles: Im afraid youre right but this spurs one last question and I promise it really is the last one. the importance of esg in enterprise management, Why Blowing Up Pipelines Will Not Solve The Climate Crisis. The refined products will come from Tesoros Anacortes refinery, a 120,000-barrel-a-day facility located north of Seattle, Washington. Goff: When I reflect on all the opportunities and challenges, the list is a mile long. 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. 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 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). Prior to joining The companys stock is trading at $13 to $14 per share down from the June 2007 high of almost $63. [+] Portrait, profile, red background. 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. It may have been his confidence in Goss that steered him to believe he knew what he was doing. A company should not reflect the view of one person, be it the CEO or a small group of people. We absolutely need to respect and protect our environment. Make sure companies are fully transparent in their results and that they have effective governance to drive the change. 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. All rights reserved. 9. He also worked for Petro-Canada, which merged with Suncor in 2009. Tenured Harvard Business School professor, now at Oxford University. 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Goss spends a significant amount of time staying connected with his University of Utah alma mater, particularly the Business School. 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. 6. . 10. We know Greg Goff, this will all be orderly.. When joining Tesoro, the stock price of the company was at $10 a share. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. 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. He is definitely the outdoorsy type. Tesoro Logistics LP (TLLP) Q4 2015 Earnings Conference Call February 2, 2016 12:00 PM ET. The estimated Net Worth of Gregory James Goff is at least $990 Thousand dollars as of 9 October 2018. 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. Eccles: Im looking forward to what you have to say. Among the recreational things he likes to Also, I met and worked with many fascinating people and especially enjoyed working in many different cultures. If you typed the URL into your browser, check that you entered it correctly. I believe they will continue to improve the value and impact of fracking. This is a BETA experience. Mr. Goff owns over 140 units of Polished.com Inc stock Goff: My view is that this is the biggest challenge of my lifetime. - 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. Readers around Park City and Summit County make the Park Record's work possible. Goff heads ConocoPhillips trading operations as senior vice president of commercial, but has extensive experience in refining and other divisions. Goff: No problem. 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. He likes to work long hours, not endure them. Why do you think thats the case? He also had previously been a banker and a financial analyst for Ford Motor Co. (Reporting by Kristen Hays; Editing by Gary Hill). 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 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. UPDATE 1-Tesoro names ConocoPhillips' Greg Goff CEO | Reuters More important is the progress along the way, over the next two- and one-half decades. 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. New Exxon directors resume bolsters best boast From 2010 until Goff sold the company to Marathon for $22 billion in 2018, the HOUSTON, March 30 (Reuters) - Tesoro Corp TSO.N on Tuesday named ConocoPhillips COP.N senior vice president Greg Goff to succeed retiring chief 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. Executives. He is also Chairman and Chief Executive Officer of Tesoro Logistics LP. Gregory's mailing address filed with the SEC is C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING, TX, 75039-2298. Gregory James Goff - Biography - MarketScreener.com The largest trade he's ever made was buying 140 units of Polished.com Inc stock on 9 October 2018 worth over $11,131. Goff least the Crimson Tide to a 19341 season before being fired for possibly Before he joined Tesoro, Smith was treasurer and vice president of Valero Energy Corp. As CEO of Andeavor, spearheaded a financial Last updated: 4 January 2023 at 3:09pm EST. WebView the profiles of people named Greg Goff. I dont believe a tax is the best approach. Each donation will be used exclusively for the development and creation of increased news coverage. The purpose would be to have standard data with a high degree of integrity to meet the myriad possibilities for all type of uses. Gregory J. Goff - CEO @ Andeavor - Crunchbase Person Profile 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. The Top Ten Highest Paid University Presidents in the U.S. 10 Things You Didnt Know about Vitaly Ponomarev, Company Wants to Store Your Stem Cells to Treat Future Diseases, Dear Parents: Child Gadget Addiction is Only Getting Worse. Much less optimistic about ESG without the V for Value. Tesoro was the next step in Goss career due to a bit of espionage. Tesoro Unlike most glaciers, Hubbard is advancing vs. receding. (Photo by Sean Gallup/Getty Images). How Much is the Entire Mortal Kombat Franchise Worth? Tesoro Goff: G, to me, is about decision making, Decision making by the leadership of a company and the board of directors. 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. 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. What do you think the Western oil and gas majors need to do? As a highly advanced society, we have a moral obligation to live our lives this way. Learn how your comment data is processed. What do you think the key issues are in terms of type, cost, and availability? After he was done with an MBA, Greg looked to work for a major company himself. Tesoro lands a new executive - mysanantonio.com "He did well no matter what he did.". You can see the complete history of Mr. Goff stock trades at the bottom of the page. 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. Another son graduated in 2005 and Mr. Goff is currently a board director at ExxonMobil but for this interview he is speaking strictly in his personal capacity. ***. First, continue to eliminate or significantly reduce the CO2 emissions from their business. Creating value with make ESG more meaningful. Serious arab businessman in national white suit on the background of oil rigs. 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. 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. If you reached this page via our site or search, please let us know by emailing, Epsteins Private Calendar Reveals Prominent Names, Including CIA Chief, Goldmans Top Lawyer, The Building Boom Is Prolonging Market Pain, Five Dead, Including Eight-Year-Old, in Texas Shooting, Biden Calls for Release of Jailed Journal Reporter Evan Gershkovich, Dylan Mulvaney Speaks Out Following Bud Light Ad Controversy. Eccles: Renewable energy is obviously key to the energy transition, and it comes in many forms. People Moves: Tesoro Hires Conoco Exec, Rio Tinto hires Kissinger The most recent stock trade was executed by J Scott Horn on 3 July 2020, trading 10,000 units of POL stock currently worth $4,600. Most recently he bought 140 units of POL stock worth $11,131 on 9 October 2018. Fortunately, I spent time in the upstream, downstream, midstream, and commercial parts of the industry. 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. They may have plenty of time to get to know each other. Within a few years the price would soar to $75 a share. Tesoro's Greg Goff will keep his spot as San Antonio's highest-paid CEO for at least one more year. Tesoro Mind giving me a recap of this? 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. WebGreg Goff is Former Vice Chairman at Marathon Petroleum Corp. See Greg Goff's compensation, career history, education, & memberships. Greg Goff - Chairman and Chief Executive Officer 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.
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