Exxon director joins Elliott group to acquire Citgo Petroleum

HOUSTON, Sept 29 (Reuters): Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil refiner Citgo Petroleum.
Citgo and Exxon are rivals in the motor fuels and lubrications business. Exxon is the third-largest US oil refiner by capacity and Citgo is the seventh-largest.
Goff, who joined Exxon in 2021 as part of a dissident slate of directors, was on Friday identified as CEO of Amber Energy, an Elliott affiliate, in a statement heralding its selection as the successful bidder in a US court auction of shares in Citgo parent PDV Holding.
Exxon had no immediate comment on Goff's status at the company. The company's board of directors webpage lists Goff as chairman of its audit committee and member of its executive and finance committees.
A spokesperson for Amber Energy declined to comment.