Are You Ready For AI-Driven Radical ESG Transparency? You may opt-out by. Goff: Thank you for the opportunity to engage with you. 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 Goss spends a significant amount of time staying connected with his University of Utah alma mater, particularly the Business School. Learn how your comment data is processed. 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. The companys stock is trading at $13 to $14 per share down from the June 2007 high of almost $63. 5 farmhouses to book for an agritourism getaway, Preorder 'The Legend of Zelda: Tears of the Kingdom' today. WebSAN ANTONIO -- Tesoro Corp.'s board of directors elected Greg Goff to be the company's new president and chief executive officer effective May 1, replacing Bruce Smith in these 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. Goff: Because there is considerable latitude around the three areas of ESG, different groups can tailor an agenda around ESG that meets their self-interests. George Polychronis still lives in Park City as well. If you typed the URL into your browser, check that you entered it correctly. 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. Also, just weeks before Goff jointed the company, a fire and explosion April 2 at Tesoro's refinery in Anacortes, Wash., killed seven employees. 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. Nuclear offers many advantages and while we need to use nuclear power, we need to continue to focus on managing the risks involved. Side view. 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. Previous article in series: The Thin Green Line An explosion in Washington State killed seven people the most severe in the nation since 2005. But while Goff will address both issues on behalf of Engine No. 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. He moved up to president and chief executive in 1995, and became chairman as well the next year. 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. 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. 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. 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. Goff: Companies have positively intensified their commitment and actions towards driving significant change. For both groups, there are processes to drive accountability. 9. WebGregory J. I dont believe a tax is the best approach. Goff, a former ConocoPhillips executive who joined Tesoro in May, said during the call that he will present his plan to the company's board around the mid-fourth quarter. What do they need to do? More important is the progress along the way, over the next two- and one-half decades. There are 2 older and 14 younger executives at Polished.com Inc. GOP leaders say ballot shortage was targeted at Republicans. 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. Goff: Two things. Eccles: Thanks and Im sure youre right. 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. 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. 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. 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 Goss impact once joining Tesoro was to see its stock price rise by more than 700 percent. "Even when they were young kids Id put them in charge of an area in the store and it was their responsibility. Also keep in mind that this was a time when the relationship management and unions were strained. For Goss, giving back is a part of being successful. Copyright 2023 Surperformance. 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. Arab world, Middle East, oil industry. Gregory Goff is 63, he's been the Independent Director of Polished.com Inc since 2011. 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. People Moves: Tesoro Hires Conoco Exec, Rio Tinto hires Kissinger 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. 1s victory on Wednesday in a bitter proxy fight with Exxon saw at least two of its nominees, including Goff, voted in as director in a humiliating blow to the energy giant. In the end, he established a great relationship with his traveling companions and their wives who were also on board. Goff: A much more sensitive area. (Greg) Goff joined Tesoro as President and Chief Executive Officer in 2010. He likes to work long hours, not endure them. (Photo by Sean Gallup/Getty Images). In 2018 he was named by the Harvard Business Review as one of the top performing CEOs in the world. Goff had risen through the ranks at ConocoPhillips before taking the top job at independent oil refiner Tesoro Corp. in 2010. This site uses Akismet to reduce spam. Evan Barbosa - Investor Relations Manager. Each donation will be used exclusively for the development and creation of increased news coverage. Goff: G, to me, is about decision making, Decision making by the leadership of a company and the board of directors. He is also Chairman and Chief Executive Officer of Tesoro Logistics LP. Greg chose the oil industry with ConocoPhillips. That high is less than what Exxon shares trade for now. 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. I do not have the confidence that they government would tax and redeploy the capital in a way that creates value. Tesoro was the next step in Goss career due to a bit of espionage. 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. He would later say that Tesoro had been recruiting him for virtually his entire time at Conoco. Goff: An explicit price on carbon is critical to drive change. Tenured Harvard Business School professor, now at Oxford University. The small businesses hed grown up around in Park City were struggling in the early 1980s, she said. Lewis joined Tesoro in 1999. Unlike most glaciers, Hubbard is advancing vs. receding. But Goffs mother Catherine Goff said since his days playing Park City High School sports he was always up for a challenge. 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. 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. Phil Anderson - President. Most recently he bought 140 units of POL stock worth $11,131 on 9 October 2018. Eccles: You know theres pressure on investors to divest and exclude while others are arguing for shareholders to engage with these companies. 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. In June 2010, Goff Goff: Yes. We cant find the page you're looking for. 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. 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. Our Standards: The Thomson Reuters Trust Principles. His father liked working in sales and, Read More 10 Things You Didnt Know about Ernie Boch Jr.Continue. 7. WebGregory J. Goff Former Chief Executive Officer of Andeavor ~40-year track record of success in the energy industry. 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.
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