- 7. Mai 2023
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Lewis joined Tesoro in 1999. Before he joined Tesoro, Smith was treasurer and vice president of Valero Energy Corp. As CEO of Andeavor, spearheaded a financial 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. Andeavor Greg Goff Tesoro Tesoro Corporation Western Refining Previous Post Italmatch Chemicals closes financing package to fund new acquisitions, refinance 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. Arab world, Middle East, oil industry. 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. Eccles: I know youve spent your entire career in the energy industry. From 2010 until Goff sold the company to Marathon for $22 billion in 2018, the 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. 1847 Goedeker Inc. operates as an online consumer goods retailer. 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. We can look at very comprehensively. 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. 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. Courtesy photo *** Tesoro Corp. changed their name to Andeavor Corp. on Aug. 1, 2017. 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. "We are doing our own investigation, and when the time is right, we'll be able to talk about what happened there," Goff said. Phil Anderson - President. Soon after that move, he invited sell-side analysts to dinner at Keens Steakhouse in midtown Manhattan, Sankey recalled. 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. There are 6 executives at Polished.com Inc getting paid more, with RobertPatterson having the highest compensation of $6,106,630. 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 I do not have the confidence that they government would tax and redeploy the capital in a way that creates value. Also keep in mind that this was a time when the relationship management and unions were strained. 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. The Company offers microwave ovens, grills, fridge, dishwashers, dryers, space heaters, furniture, rugs, garbage disposals, lamps, and home improvement products. Some see them as villains, others see them as under unfairly under siege because they have a critical role to play. This is a BETA experience. 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 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. Eccles: Thanks for your views on trends and energy mix. Vicki Vaughan writes about refining and publicly traded energy companies based in San Antonio. 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. Dan's strong leadership capabilities and extensive industry experience will be a great asset to the company, Goff said. It only took a few weeks for his bosses to realize he would need to be fast tracked to maximize his considerable talent. As the Independent Director of Polished.com Inc, the total compensation of Gregory Goff at Polished.com Inc is $242,021. Eccles: Greg, thanks for your insights. She also covers small business topics and issues. 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. What is the most effective way for investors to support the energy transition? 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. Most recently he bought 140 units of POL stock worth $11,131 on 9 October 2018. They may have plenty of time to get to know each other. 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. 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. "He did well no matter what he did.". In the end, he established a great relationship with his traveling companions and their wives who were also on board. Goff: I spent my career in the energy business and I am very grateful for the opportunities and challenges that I experienced around the world. Tenured Harvard Business School professor, now at Oxford University. Heminger departed and Goff retired. Eccles: What is your sense of urgency on this? HOUSTON, March 30 (Reuters) - Tesoro Corp TSO.N on Tuesday named ConocoPhillips COP.N senior vice president Greg Goff to succeed retiring chief I dont believe a tax is the best approach. Why do you think thats the case? Romasko's appointment coincides with the retirement March 21 of Everett Lewis, Tesoro's executive vice president and chief operating officer. 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. 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. 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. New Exxon directors resume bolsters best boast. 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. the importance of esg in enterprise management, Why Blowing Up Pipelines Will Not Solve The Climate Crisis. Mr. Goff owns over 140 units of Polished.com Inc stock 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. 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. We also need to use natural resources wisely and efficiently while aggressively managing all negative impacts. 4. 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. WebGregory J. His father Calvin had a successful career with General Electric. George Polychronis still lives in Park City as well. 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. 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. Goff: My pleasure Bob, I have given both topics considerable thought, so I am pleased to share my views. But the work has to begin now, Penner said. They definitely need to balance the impact of the change on all their key stakeholders. First, continue to eliminate or significantly reduce the CO2 emissions from their business. * Lead director to replace Smith as chairman June 4. 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. To begin with, it is socially and spiritually convenient and rewarding to be literate. Goss spends a significant amount of time staying connected with his University of Utah alma mater, particularly the Business School. 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. I am a Republican and I actively support areas that are important to my family and me. 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. Your financial contribution supports our efforts to deliver quality, locally relevant journalism. Mr. Goff was President and Chief Executive Officer of Andeavor (an 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. The idea has circulated in the Park City area in previous years, but hasnt gained much traction. Mind giving me a recap of this? The bonus is to be paid six months after the retention period ended, SEC documents show. Tesoro was the next step in Goss career due to a bit of espionage. While he recognizes the importance of the stakeholders, he also recognizes that stakeholders do not benefit unless the company as a whole is successful. Were not talking about simply finding it to be a nice place to call home. 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Goff: Im very optimistic about the transition. Eccles: Related to this, is the Paris Agreement 1.5C target useful from a public policy point of view? I believe that companies need to reflect the views of the people who work there and the people who own the company. When joining Tesoro, the stock price of the company was at $10 a share. His father liked working in sales and, Read More 10 Things You Didnt Know about Ernie Boch Jr.Continue. 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. Tesoro had been searching for a successor since Smith announced last year that he would retire once a replacement was selected. Grapstein said in a statement that Tesoro sought a solutions-oriented CEO with a broad background in refining. Also, I met and worked with many fascinating people and especially enjoyed working in many different cultures. He was senior vice president at the Houston-based company before joining Tesoro. An explosion in Washington State killed seven people the most severe in the nation since 2005. On average, Polished.com Inc executives and independent directors trade stock every 26 days with the average trade being worth of $14,473. 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.. Goff: When I reflect on all the opportunities and challenges, the list is a mile long. 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. In his view, what is important is doing the right thing for the company. Opinions expressed by Forbes Contributors are their own. Gregory J. Goff serves as Independent Director of the Company. In a Tuesday morning filing with the U.S. Securities & Exchange All rights reserved. Another son graduated in 2005 and currently lives in Texas, Catherine said. Tesoro's Greg Goff will keep his spot as San Antonio's highest-paid CEO for at least one more year. (Photo by Sean Gallup/Getty Images). He is executive Vice Chairman of Marathon Petroleum Corporation, a leading, integrated, downstream energy company, since October 2018. 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). It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. Just last October the company had a fire at its Salt Lake City plant. How Much is the Entire Mortal Kombat Franchise Worth? Template. 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. A company should not reflect the view of one person, be it the CEO or a small group of people. As of 9 October 2018 he still owns at least 1,626,374 units of Polished.com Inc stock. The oldest executive at Polished.com Inc is RobertAbernathy, 65, who is the Independent Director. Goff: Thank you for the opportunity to engage with you. 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. Greg chose the oil industry with ConocoPhillips. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. I do not believe that we have the luxury of driving change without considering and managing the impacts of change. 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. He would later say that Tesoro had been recruiting him for virtually his entire time at Conoco. "It taught him more about business than he could have imagined. 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. 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. (Photo by Sean Gallup/Getty Images). 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. Conoco Phillips was his first career stop after graduating from college. 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. (Greg) Goff joined Tesoro as President and Chief Executive Officer in 2010. By If you typed the URL into your browser, check that you entered it correctly. Template. 6. Goff: Companies have positively intensified their commitment and actions towards driving significant change. 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. 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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. One last question: You know I think the politicization of ESG is crazy and a lot of political theater. 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. 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. Executives. But while Goff will address both issues on behalf of Engine No. This is a carousel. Are You Ready For AI-Driven Radical ESG Transparency? 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. - 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. 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. 5 farmhouses to book for an agritourism getaway, Preorder 'The Legend of Zelda: Tears of the Kingdom' today. "He thinks he can pull them out of it. Eccles: Opinion varies on whether climate change is happening or not and, even if so, how much of that is due to human activity. WebGreg Goff, Marathon Petroleum Corp: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Markets Americas Bloomberg Markets Americas. Eccles: You know theres pressure on investors to divest and exclude while others are arguing for shareholders to engage with these companies. Get news highlights delivered directly to your e-mail inbox. In June 2010, Goff Serious arab businessman in national white suit on the background of oil rigs. 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. All quotes delayed a minimum of 15 minutes. In addition to having a sense of urgency, it is important there is very well-developed framework to drive change as we decarbonize. 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.
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