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(Greg) Goff joined Tesoro as President and Chief Executive Officer in 2010. A company should not reflect the view of one person, be it the CEO or a small group of people. HONOLULU (HawaiiNewsNow) - Tesoro Corporation is selling the state's largest refinery and its 31 gasoline stations in a deal valued at up to $350 million. Why do you think thats the case? But the work has to begin now, Penner said. For Goss, giving back is a part of being successful. Fortunately, I spent time in the upstream, downstream, midstream, and commercial parts of the industry. One of the most popular stops on an Alaskan cruise / Alaska vacation, Hubbard Glacier is a very [+] active calving glacier. I dont believe a tax is the best approach. Within a few years the price would soar to $75 a share. 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 This approach makes it difficult to engage in S. That may sound like an easy way out. 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. 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. Make sure companies are fully transparent in their results and that they have effective governance to drive the change. 5. Previous article in series: The Thin Green Line We also need to use natural resources wisely and efficiently while aggressively managing all negative impacts. 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. Fuel Fix: Get energy news sent directly to your inbox, Hard work is always the best answer to that question, Sankey said last week. Whats more,, Read More The Top Ten Highest Paid University Presidents in the U.S.Continue, Vitaly Ponomarev is the founder of WayRay. 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. Executives. 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 Mr. Goff owns over 140 units of Polished.com Inc stock Goff: Sure, Bob, happy to chat a bit more and I can guess what you want to talk about! Second, create and develop supplies of energy that are clean. Goff: A target is critical, if nothing more than laying a stake in the ground that everyone can work towards. He is executive Vice Chairman of Marathon Petroleum Corporation, a leading, integrated, downstream energy company, since October 2018. Goff also reported during the call that the company continues to make repairs at its Anacortes, Wash., refinery, where an April 2 explosion killed seven employees. 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. 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. All rights reserved. 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: Fair enough, so lets unpack the three letters and start with the G since its really the wrapper around the E and the S.. 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. In a Tuesday morning filing with the U.S. Securities & Exchange - 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. Conoco Phillips was his first career stop after graduating from college. active calving glacier. 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. It only took a few weeks for his bosses to realize he would need to be fast tracked to maximize his considerable talent. Eccles: Thanks, thats helpful. We absolutely need to respect and protect our environment. There are 2 older and 14 younger executives at Polished.com Inc. 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. Park City, Summit County explore creating a regional housing authority, Kimball Art Center clarifies Park City festival attendance, says drop not as dramatic as it appears, Park City Mountain, Deer Valley still have plenty of snow, but postseason earn-your-turns skiing is prohibited, Utah judge to consider challenge to new abortion clinic ban, Coffee cart brews success for Ecker Hill Middle School students. With several decades of experience in the oil industry, the company in a press release said he is well qualified for the position. Eccles: I know youve spent your entire career in the energy industry. Goff: G, to me, is about decision making, Decision making by the leadership of a company and the board of directors. 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. 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 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. Joining me are Greg Goff, Chairman and CEO; Phil Anderson, President; and Steven Sterin, CFO. It is easy to form agendas around ESG. One bus tour does not a career make, but the feedback about Goss people management skills came from the union guys themselves. Grapstein said in a statement that Tesoro sought a solutions-oriented CEO with a broad background in refining. Tesoro had been searching for a successor since Smith announced last year that he would retire once a replacement was selected. 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. First, continue to eliminate or significantly reduce the CO2 emissions from their business. Tenured Harvard Business School professor, now at Oxford University. 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. 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. 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. George Polychronis still lives in Park City as well. Goff: The oil and gas industry is excellent at innovation through engineering. [+] Portrait, profile, red background. "He thinks he can pull them out of it. Eccles: Getting into oil and gas, do you see this mix changing over time? 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 oldest executive at Polished.com Inc is RobertAbernathy, 65, who is the Independent Director. Just last October the company had a fire at its Salt Lake City plant. Eccles: Im afraid youre right but this spurs one last question and I promise it really is the last one. 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. They definitely need to balance the impact of the change on all their key stakeholders. Tesoro will assume the $66 million in debt and contribute about $10 million toward working capital, the company said. But Goffs mother Catherine Goff said since his days playing Park City High School sports he was always up for a challenge. Like what needs to get done in the next five to 10 years and what issues will take a longer period of time? Eccles: Related to this, is the Paris Agreement 1.5C target useful from a public policy point of view? Tesoro, like many independent refiners, had struggled with weakened demand and red ink when the recession dampened demand for its fuels. 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. One last question: You know I think the politicization of ESG is crazy and a lot of political theater. Before we dig into these topics, please tell me a bit about your professional career. 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. Tesoro Corp. confirmed that its board hired Greg Goff, a senior vice president of ConocoPhillips, to be its president and chief executive, effective May 1. 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. 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. Do you think this will still be the case by the time the elections come around? GOP leaders say ballot shortage was targeted at Republicans. "Greg was a super intelligent young man and followed what he wanted to do," Polychronis added. . In search of vegan food, I found a world-class Mendocino inn. 5 farmhouses to book for an agritourism getaway, Preorder 'The Legend of Zelda: Tears of the Kingdom' today. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. We know Greg Goff, this will all be orderly.. Said company is involved in augmented reality. The station belonged to his uncle Bud Gasparac. Tesoro was the next step in Goss career due to a bit of espionage. He fixed cars, but eventually hired a mechanic while he went back to the university for a Master of Business Administration degree. Every contribution, however large or small, will make a difference. Park City resident Greg Goff began a new challenge today; hes now president and CEO of Tesoro Corporation. 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. I am a Republican and I actively support areas that are important to my family and me. As with many intelligent people, he requires constant challenges to be at his happiest. Goss spends a significant amount of time staying connected with his University of Utah alma mater, particularly the Business School. Nuclear offers many advantages and while we need to use nuclear power, we need to continue to focus on managing the risks involved. I recently had the pleasure of interviewing Mr. Greg Goff, an experienced oil and gas executive. The Company offers microwave ovens, grills, fridge, dishwashers, dryers, space heaters, furniture, rugs, garbage disposals, lamps, and home improvement products. Greg chose the oil industry with ConocoPhillips. At Suncor, Romasko's job was to focus on operations, with emphasis on improving reliability, safety and environmental performance. This includes management, employees, and its overall profitability. What are they doing, not doing, and need to do? Each donation will be used exclusively for the development and creation of increased news coverage. San Antonio Current Staff 6. He moved up to president and chief executive in 1995, and became chairman as well the next year. This site uses Akismet to reduce spam. The bonus is to be paid six months after the retention period ended, SEC documents show. He joined Tesoro from Ultramar Diamond Shamrock Corp., where he was vice president of corporate planning and investor relations. It was at Tesoro, subsequently renamed Andeavor, that Goff cemented his reputation. In the end, he established a great relationship with his traveling companions and their wives who were also on board. 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. Serious arab businessman in national white suit on the background of oil rigs. HOUSTON, March 30 (Reuters) - Tesoro Corp. senior vice president Greg Goff to succeed retiring chief executive Bruce Smith. Vicki Vaughan writes about refining and publicly traded energy companies based in San Antonio. 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. Eccles: I hope you dont mind me asking, but what is your political affiliation and how actively do you support your political convictions? 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. 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. 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. Before digging into that, what are your views on coal and nuclear? WebGreg Goff is Former Vice Chairman at Marathon Petroleum Corp. See Greg Goff's compensation, career history, education, & memberships. Am I right? Tesoro said it has hired Greg Goff, a former ConocoPhillips executive, as the companys new president and CEO. To begin with, it is socially and spiritually convenient and rewarding to be literate. Are you optimistic or pessimistic about the energy transition and ESG in America? Creating value with make ESG more meaningful. In 2018 he was named by the Harvard Business Review as one of the top performing CEOs in the world. As CEO of Andeavor, spearheaded a financial All quotes delayed a minimum of 15 minutes. 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. How we use all the resources, using the term resources very broadly, and the impact they have on the environment. Yet he knows when to dial down the work environment temperature to spend time with his family and return to the recreational advantages of his home state. In his view, what is important is doing the right thing for the company. 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. Eccles: And this naturally takes us to the role of governments. 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. 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. Much less optimistic about ESG without the V for Value.
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