In addition to having a sense of urgency, it is important there is very well-developed framework to drive change as we decarbonize. The estimated Net Worth of Gregory James Goff is at least $990 Thousand dollars as of 9 October 2018. 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. 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. The changes that need to be made at Exxon, even under the best of circumstances, will take years, Charlie Penner, a principal at Engine No. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. The idea has circulated in the Park City area in previous years, but hasnt gained much traction. Eccles: And what is your view of net-zero commitments? 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. 3. As of 9 October 2018 he still owns at least 1,626,374 units of Polished.com Inc stock. Wawa to Break Ground on First North Carolina C-store, First Allsup's Express Grab & Go Location Opens. 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. Fuel Fix: Get energy news sent directly to your inbox, Hard work is always the best answer to that question, Sankey said last week. 6. 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: For the world to succeed, they need to operate like the international oil companies (IOCs). Evan Barbosa - IR Manager. 1847 Goedeker markets its products in the United States. Eccles: Greg, thanks for your insights. We can look at very comprehensively. 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. The most active insiders traders include Stephen D Newlin, Houman Akhavan, and Richard H Fearon. 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. First, continue to eliminate or significantly reduce the CO2 emissions from their business. But while Goff will address both issues on behalf of Engine No. 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. 9. Mind giving me a recap of this? His father Calvin had a successful career with General Electric. One of his first people skill tests involved a bus ride up to Lake Tahoe, Nevada. 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. 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. Here's what the data says. He is definitely the outdoorsy type. Conoco Phillips was his first career stop after graduating from college. In his view, what is important is doing the right thing for the company. Eccles: Getting into oil and gas, do you see this mix changing over time? [+] Portrait, profile, red background. 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. GOP leaders say ballot shortage was targeted at Republicans. George Polychronis still lives in Park City as well. April was a rough month for Tesoro. Eccles: Opinion varies on whether climate change is happening or not and, even if so, how much of that is due to human activity. 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. ***. 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. 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. The station belonged to his uncle Bud Gasparac. It is easy to form agendas around ESG. 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. Mr. Goff is currently a board director at ExxonMobil but for this interview he is speaking strictly in his personal capacity. In search of vegan food, I found a world-class Mendocino inn. Tesoro has seven U.S. refineries west of the Mississippi River with a combined capacity of 665,000 barrels a day. They may have plenty of time to get to know each other. Creating value with make ESG more meaningful. 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. Eccles: And this naturally takes us to the role of governments. Eccles: Thanks and Im sure youre right. Goff: The global demand for energy is so great and growing, that the scale to supply energy is a significant challenge. After he was done with an MBA, Greg looked to work for a major company himself. Lewis joined Tesoro in 1999. "He did well no matter what he did.". 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. What are they doing, not doing, and need to do? Among the recreational things he likes to do are fly fishing and mountain bike riding. Goff least the Crimson Tide to a 19341 season before being fired for possibly "Greg was a super intelligent young man and followed what he wanted to do," Polychronis added. I believe that companies need to reflect the views of the people who work there and the people who own the company. You can see the complete history of Mr. Goff stock trades at the bottom of the page. Gregory James Goff is a businessperson who has been at the head of 13 different companies and currently occupies the position of President & Director at Tesoro * Lead director to replace Smith as chairman June 4. Greg Goff - Chairman and Chief Executive Officer Its ESG! Eccles: Im looking forward to what you have to say. He also worked for Petro-Canada, which merged with Suncor in 2009. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. Eccles: I know youve spent your entire career in the energy industry. "Even when they were young kids Id put them in charge of an area in the store and it was their responsibility. More important is the progress along the way, over the next two- and one-half decades. 20 Countries With the Least Amount of Debt, The 10 Most Expensive Skateboards in the World, The 10 Best Ducati Motorcycles of All-Time. As the story goes, his supervisor intentionally put the upcoming white collar Goff on a bus load of union guys truckers and mechanics. In fact, you might be an individual, Read More Company Wants to Store Your Stem Cells to Treat Future DiseasesContinue, Child gadget addiction is something that is becoming worse as the years go by. Heminger departed and Goff retired. 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. Mr. Goff was President and Chief Executive Officer of Andeavor (an Young Entrepreneur to Watch: Luciano Schipelliti. Goss reflected on the trip, saying those guys drink like fish and mentioned they had to stop once to refill the liquor supply. It was something he always wanted, she said. Our economic system is highly competitive, innovative, resilient, and driven by technology. Activist investor Engine No. Are you optimistic or pessimistic about the energy transition and ESG in America? Goff: Sure, Bob, happy to chat a bit more and I can guess what you want to talk about! He began his career at Chevron USA in 1970, according to a company biography. 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. 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. I believe they will continue to improve the value and impact of fracking. Goff heads ConocoPhillips trading operations as senior vice president of commercial, but has extensive experience in refining and other divisions. Eccles: You know theres pressure on investors to divest and exclude while others are arguing for shareholders to engage with these companies. 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. 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Tesoro CEO Goff Meets with Hoeven to Discuss Company's Expansion Plans. Much less optimistic about ESG without the V for Value. "It taught him more about business than he could have imagined. The bonus is to be paid six months after the retention period ended, SEC documents show. Phil Anderson - President. And what are some of the most important experiences you had in your career? When joining Tesoro, the stock price of the company was at $10 a share. We need to continually improve both the input and the output, while eliminating, or significantly eliminating, negative impacts. 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. He believes that a CEOs primary responsibility is to take the whole of the company into the equation when making final decisions. 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. 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. "We are doing our own investigation, and when the time is right, we'll be able to talk about what happened there," Goff said. The companys stock is trading at $13 to $14 per share down from the June 2007 high of almost $63. Company Plans Expanded Production in Mandan, New Rail Project To Ship ND Crude WASHINGTON Senator John Hoeven today met with Tesoro CEO Greg Goff to review the companys major expansion plans in North Dakota, including a $35 million, He was friendly and could relate to the everyday worker, an essential skill when selected to be CEO of a major corporation. 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. In 2018 he was named by the Harvard Business Review as one of the top performing CEOs in the world. The union guys had told his boss they think he was going to do alright as a manager. Tesoro was the next step in Goss career due to a bit of espionage. Every contribution, however large or small, will make a difference. Unlike most glaciers, Hubbard is advancing vs. receding. The small businesses hed grown up around in Park City were struggling in the early 1980s, she said. And they often had to choose between recreation and their job," he said. 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. To begin with, it is socially and spiritually convenient and rewarding to be literate. Learn how your comment data is processed. Like what needs to get done in the next five to 10 years and what issues will take a longer period of time? On average, Polished.com Inc executives and independent directors trade stock every 26 days with the average trade being worth of $14,473. See if you qualify for a free subscription to our industry leading paper magazine. Am I right? He was senior vice president at the Houston-based company before joining Tesoro. Before we dig into these topics, please tell me a bit about your professional career. It may have been his confidence in Goss that steered him to believe he knew what he was doing. Previous article in series: The Thin Green Line 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. Lets now focus on the oil and gas companies themselves. 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. He would later say that Tesoro had been recruiting him for virtually his entire time at Conoco. Romasko's appointment coincides with the retirement March 21 of Everett Lewis, Tesoro's executive vice president and chief operating officer. 1, hes no radical. Goff, 53, will take the helm of the second-largest independent U.S. refiner as president and CEO on May 1, the company said. 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. 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. 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. 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. The Company offers microwave ovens, grills, fridge, dishwashers, dryers, space heaters, furniture, rugs, garbage disposals, lamps, and home improvement products. Most recently he bought 140 units of POL stock worth $11,131 on 9 October 2018. Goff: Two things. 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.. 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. Specifically, WayRay is known for its AR HUDs for cars. Tesoro said it has hired Greg Goff, a former ConocoPhillips executive, as the companys new president and CEO. "It's not appropriate to talk at this time." 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. 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. Gregory Goff has become its CEO, having a tremendous record of success that precedes him. Eccles: Of course, the elephant in the room is the national oil companies, like Saudi Aramco, Lukoil, Sinopec, and China National Oil Company. Unlike most glaciers, Hubbard is advancing vs. receding. 1, said Wednesday. How Much is the Entire Mortal Kombat Franchise Worth? If you typed the URL into your browser, check that you entered it correctly. Second, create and develop supplies of energy that are clean. 10. 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. (George) was a noted, good business man and he taught him a lot," she said. On average, Gregory trades about 2 units every 0 days since 2011. A company should not reflect the view of one person, be it the CEO or a small group of people. Said company is involved in augmented reality. The retiring Lewis has been responsible for the company's strategic and operational leadership, according to the company's website. Tenured Harvard Business School professor, now at Oxford University. 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. One bus tour does not a career make, but the feedback about Goss people management skills came from the union guys themselves. That high is less than what Exxon shares trade for now. 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. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. 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. Executives. Evan Barbosa - Investor Relations Manager. Eccles: Related to this, is the Paris Agreement 1.5C target useful from a public policy point of view? It is always enjoyable to have a healthy discussion around such important issues. Eccles: One other specific question: Do we need a carbon tax and, if so, can you see this as ever happening? Side view. With several decades of experience in the oil industry, the company in a press release said he is well qualified for the position. 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