Gregory J. Goff stepped down from the company’s board of directors on Oct. 17 to pursue “other business opportunities." (Source: Shutterstock)
The CEO of Amber Energy Inc. has officially resigned from Exxon Mobil Corp.’s board.
Gregory J. Goff stepped down from the company’s board of directors on Oct. 17 to pursue “other business opportunities,” Exxon said in an Oct. 17 Form 8-K filing with the U.S. Securities and Exchange Commission.
Amber Energy was recently announced as the winning bidder to buy Citgo Petroleum at an auction price of $7.3 billion. Goff is listed as the company’s CEO, while Jeff A. Stevens is listed as the company’s president on Amber’s website.
Amber boasts the backing of a strategic group of U.S. energy investors, including Florida-based Elliott Investment Management LP.
Citgo, which owns 3 refineries with a processing capacity of 807,000 bbl/d, was put on the auction block to satisfy legal claims from investors and companies seeking to recoup losses from asset expropriations in Venezuela and a default on bonds issued by Petróleos de Venezuela (PDVSA). Those bonds, the PDVSA 2020 issuance, were backed by a majority stake in Citgo.
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