Why specifically that company? Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. Responding to a question from Rep. Bost (R-Ill.) as to how the private sector can help make EVs economically viable, Konar encouraged lawmakers to create a strong incentive for fuel retailers to invest in the infrastructure necessary to bring electric vehicle charging to market, similar to the Renewable Fuel Standard and the biodiesel tax credit. For terms and use, please refer to our Terms and Conditions How is that distributed among the partners here? KNOXVILLE, Tenn. (July 21, 2020) Pilot Company, the leading supplier of fuel and the largest operator of travel centers in North America, announced today that CEO Jimmy Haslam will become chairman of the board on January 1, 2021, and has named Shameek Konar, the companys chief strategy officer, as CEO at that time. Trucks fill up at a truck stop in Northern California. CEO Jimmy Haslam named chairman; Chief Strategy Officer Shameek Konar named CEO. Shameek Konar has been associated with eight companies, according to public records. We have spoken to both the DOT and the White House, and we are working with the various states to put in grant applications. Konar will be the fourth CEO at the Tennessee-based company that operates 950 retail and fuel locations across North America, theKnoxville News Sentinelreported. Results of a four-day workweek pilot reported a resounding success but the story isn't that participants enjoyed working shorter hours for the same amount of moneyit's more about what it might take to reach more people. You'll have a number of other amenities, from showers to clean restrooms to merchandise. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. As CEO, store operations and development will be added to Konar's role in 2021. Smith testified that increased capacity in our nations transportation system could reduce annual fuel use by 225 million gallons per year and reduce carbon emissions by 3 million tons per year. And definitely, we're still way below 2019 levels, both at Pilots and across the country. And public-private partnerships like this would be the way for us to move forward. But it's too early to write off Klarna. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. Visit Pilot Company Listen to more FreightWaves Podcasts Subscribe on Apple Podcasts Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. Taking the steps to overcome the shortage of skilled cybersecurity personnel is critical for any organization operating in the technology environment. We're hiring experienced account executives. Pilot is the 10th largest private company in the U.S.,according to Forbes, with 26,000 employees and revenue of about $29 billion per year. /PRNewswire/ -- Castleton Commodities International LLC ("CCI" or the "Company") today announced the hiring of Shameek Konar as Chief Investment Officer and. For additional information about Pilot Company and its commitment to team members and giving back, visit www.pilotcompany.com. It will only help the adoption of EVs. The company has grown to become the nation's largest operator of travel centers with more than 950 locations and is the largest seller of over-the-road diesel fuel. This is a pretty big project here. SHAMEEK KONAR: No, that's a great question. It's good to talk to you today. As a family operated company for 62 years, Founder James (Jim) Haslam and Jimmy Haslam will remain involved in the business as chairman emeritus and chairman, respectively. Media Contacts: Edelman Mike Geller +1 (212) 729-2163 [emailprotected], SOURCE Castleton Commodities International LLC, Cision Distribution 888-776-0942 Jimmy Haslams daughter, Whitney Haslam Johnson, will continue to be chief experience officer and a member of the board, and former Tennessee Gov. 20,241 executive movements have been recorded in the last 12 months. "Since day one with Pilot in 2017, Shameek has shown his dedication to advancing our company and the industry," said Jimmy Haslam, current CEO of Pilot Company. Konar further . Through our commitment to new productswhether digital journals or entirely new forms of communicationwe have continued to look for the most efficient and effective means to serve our readership. 10 on Forbes list of Americas Largest Private Companies. Konar says a big rig will take on about seven gallons of DEF at every diesel fill-up. All newer diesel vehicles also must have this technology, including pickups and cars. So they're a forward-thinking company that is trying to solve this problem. Heres How Soon Self-Flying Planes Will Take Off. During his tenure at Goldman, Mr. Konar was part of a team that led the expansion of the firm's physical commodity platform into physical natural gas and crude oil, and was responsible for managing the firm's investments in coal mining in Australia and Colombia, and its power and biofuels investments in North America. 2001 The MIT Press And that means higher airfares are coming. When you take those four skills and marry it up with somebody who has great commercial acumen, we think we have an outstanding future CEO.. Earlier in his career, he was a senior energy market consultant at Accenture, PA Consulting and Putnam, Hayes & Bartlett. A railway's request would cut tens of millions of truck miles just as driver shortages persist and truck availability is already tight. The magnitude of these effects varies across industries, with larger losses accruing to the traditionally polluting industries. Chatbots that arent tested and trained continuously are destined for failure, and customers will be the ones to suffer from chatbot incompetence. The family-owned Pilot Co. gets its first outside CEO in January when Shameek Konar succeeds Jimmy Haslam in operating the nation's largest network of travel plazas and truck stops. The transition will take place over the rest of 2020, with leadership roles shifting on Jan. 1. It brings a new kind of class of customer to our locations. Consumers see it every time they fill up their car and purchase groceries. Copyright 2023. Autonomous flight is coming to civil aviation sooner than anyone thinks, and it may prove to be a surprising boon for flyover country. The changes come about two years after former company presidentMark Hazelwoodand five others were convicted of various charges in a plot to cheat trucking companies out of millions of dollars. UPDATE 1-China's job market better than expected in Jan-Feb: minister, US approves selling Taiwan munitions worth $619 million, Japan's parliament to vote on BOJ nominees next week, Indonesia's stock market loses its sheen as China reopens, Asian Equities Swing Lower, Led by China Tech: Markets Wrap. Konar has more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. For one company, it was an opportunity to transform the way clinical trials are conducted, without sacrificing scientific rigor. Subscribe to receive top agriculture news, Be informed daily with these free e-newsletters. Other family members will be involved as well including former Tennessee Gov. But over time, we fully feel like this will be a great new set of customers who are going to come to our locations. We are super excited about this. Tesla Wants $330M in Additional Nevada Tax Breaks. Pilot and Flying J supplies about 30% of the U.S. DEF supply and the diesel-powered trucks that run the highways need it, he said. UP trains deliver raw product to Pilot's 23 rail-served facilities, which it converts to a finished product before delivering by truck to retail locations. Related by Industry: Convenience Stores & Gas Stations. (Podcast), Former Chief Invsmt Ofcr/Global Head:Business Dev, Castleton Commodities Merchant TD LP. But we would require, or we would benefit from government funding, because like I said, the economics will be difficult in the beginning. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Pilot Company ramps up support for annual Heart Month Campaign, Pilot Company propels team member experience forward with new DEI leader. Much of Konar's testimony, and questions from the panel, centered on the availability of diesel exhaust fluid, or DEF. CCI is headquartered in Stamford, Connecticut with offices in Calgary, Canada; Geneva, Switzerland; Houston, Texas; London, United Kingdom; Shanghai, China; Singapore; and Montevideo, Uruguay. All rights reserved. His knowledge of the energy sector, including expertise in the acquisition, development and operations of infrastructure assets and resources, and his deep appreciation of Pilot's culture and values are a few of the reasons why we chose him to be our next CEO. Su was central to negotiations between labor and freight rail companies late last year. KNOXVILLE, Tenn. (July 21, 2020) - Pilot Company, the leading supplier of fuel and the largest operator of travel centers in North America, announced today that CEO Jimmy Haslam will become chairman of the board on January 1, 2021, and has named Shameek Konar, the company's chief strategy officer, as CEO at that time. It has been called Dr. Seuss Day because of this. Pilot Company keeps North Americas drivers moving as one of the leading suppliers of fuel and the largest operator of travel centers. Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. The Haslam family, the news release noted, will continue to be involved in Pilot Company, the nations largest operator of travel centers with more than 950 locations and the largest seller of over-the-road diesel fuel. SHAMEEK KONAR: You know, we've been-- at Pilot, we have this incredible network, where we can actually help solve range anxiety. Shameek Konar, the CEO of Pilot Flying J truck stops and gas stations, explained during a hearing that on April 13, Pilot Flying J was informed by Union Pacific Railways (UP) that the company was "required to reduce shipments by 26 percent." The cutbacks to DEF production would be catastrophic. The biggest impediment to the adoption of electric vehicles remains the lack of a nationwide network of fueling stations, Konar said. Because there aren't enough EVs out in the market at this point in time. Whether encountering turbulent times or smooth sailing, leaders can look to a number of ways to keep a strong company culture. The railroad company has asked that Pilot cut their rail shipments in half. He is currently chief strategy officer. It's a step forward in an effort to satisfy a vast demand for lithium for electric vehicle batteries. Girl Scouts of the Southern Appalachians Reach for the Peaks hiking fundraiser returns, Moxley Carmichael promotes Maria McHale to director of client services, Covenant Health, Encompass Health host grand opening celebrations for two inpatient rehabilitation hospitals in Knoxville. That urea-based liquid is required in all diesel engines manufactured after 2010. Corn, soybeans bounce back after Tuesdays severe slump, Calf prices strengthen, cattle herd shrinking. The company has grown to become the nations largest operator of travel centers with more than 950 locations and is the largest seller of over-the-road diesel fuel. Learn more about . We have full confidence that Shameek will continue to grow the legacy of our familys business.. Now, the question really becomes, do we treat a Pilot in the middle of Texas the same as a Pilot in the LA market? Shameek Konar, the CEO of Pilot Flying J truck stops and gas stations, revealed during an April 13 hearing that his company was informed by Union Pacific Railways (UP) that the chain is "required to reduce shipments by 26 percent." Not long after, Pilot Flying J was reportedly told to reduce shipments by another 50 percent, or else. We do not have any of the money secured at this point. The transition of Konar to the role of CEO will continue over the next six months. The Review of Economics and Statistics The Haslams weren't charged with wrongdoing. A prototype print can be complete with all the detailed specifications for the part yet fail to communicate a very critical piece of information. Besides, GM also has another partnership with EVgo, where EVgo and GM work together, so there is familiarity with EVgo. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. "When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. Thanks to Jimmy and Ken Parents leadership, we are well positioned for whats ahead and have an incredible team to get us there, said Konar. The transition of Konar to the role of CEO will take place over the next six months. All Rights Reserved. Is Everyone Else Next? The switch is already happening and will continue for the . For additional photo and video assets, please visit this link. And then, what do you hope to gain out of it, in terms of things that could boost your bottom line? He did not push for an increase in truck weight limits. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. The House Transportation and Infrastructure Committee on March 17 held a four-hour hearing on business solutions to climate change. For additional information about Pilot Company and its commitment to team members and giving back, visitwww.pilotcompany.com. James (Jim) Haslam, who started the company in 1968 as single gas station, will remain involved in the company as well as chairman emeritus. Thanks to Jimmy and Ken Parents leadership, we are well positioned for whats ahead and have an incredible team to get us there, said Konar, chief strategy officer at Pilot. 10 on Forbes' list of largest private American companies. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. But our transaction is not contingent on government funding. And that is, of course, gas stations, we have seen gas prices come down, but we're still looking at very elevated levels across the country. AKIKO FUJITA: Shameek, let's talk about the bulk of your current business. More information on locations and amenities are available on the Pilot Flying J app. With $180 million in sales last year, Whisker aims to get stinking rich from the business of kitties doing their business. SHAMEEK KONAR: No, all great questions, Brian. Because there will be much more demand in the LA market than there will be in Texas. The real estate team will continue to report to Jimmy Haslam and the store operations and development teams will continue to report to Ken Parent, president. Aside from reporting about issues related to farm production, environmental regulations and legislative matters, he has extensive experience covering the dairy industry, western water issues and politics. Bill Haslam and Whitney Haslam Johnson. This policy structure resulted in a vibrant market for biofuels because the private sector responded to policy signals and incentives and made the investments necessary to bring new fuels to market. visit: We will never sell your personal information, House Transportation and Infrastructure Committee, Kodiak To Showcase Autonomous Truck at 2023 NATSO Connect in Dallas, EPA Misses Significant Opportunity to Encourage EV Charging Station Investment, FMCSA COVID-19 HOS Emergency Declaration Expires. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. 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Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. In your announcement, you mentioned government grants, incentives, included in the cost, the overall cost. Konar has had a strong track record throughout his career with more than 20 years of experience in the energy and commodity market focusing on acquiring, integrating and optimizing assets. Konar said the same approach will work with respect to EV charging infrastructure. With the investment, more than 265 jobs will be retained across all three plants. By providing your email, you agree to our. In January, Parent will become a senior advisor to the CEO and the chairman, providing guidance on strategy and key priorities for the company. So the first part, in terms of how much it's going to cost-- we've kind of stuck to the goal of reducing range anxiety. See Shameek Konar's compensation, career history, education, & memberships. It also generated $1 billion in losses last year. KNOXVILLE, Tenn. (WATE) Someone not named Haslam will be the chief executive officer of the Pilot Company beginning in January. There's about-- there are four of them, which are kind of the larger ChargePoint providers. STAMFORD, Conn., July 6, 2015 /PRNewswire/ --Castleton Commodities International LLC ("CCI" or the "Company") today announced the hiring of Shameek Konar as Chief Investment Officer and Global Head of Business Development. Pilot and Flying J CEO Shameek Konar recently testified before the Surface Transportation Board, telling members that the railway's request to significantly cut rail shipments or face embargo would cut tens of millions of truck miles from the highways at a time when driver shortages and truck availability is already tight. Utilities are best suited to perform the necessary generation development and power grid restructuring work through its regulated monopoly; however they should not be given a leg up over private companies seeking to enter the market for electric vehicle charging infrastructure that consumers use to power their vehicles. 10 on Forbes' list of America's Largest Private Companies. Konar also urged the committee to improve policies that incentivize liquid renewable fuels such as biodiesel, renewable diesel and ethanol. Shameek Konar and Mark A. Cohen* Abstract-Previous studies that attempt to relate environmental to finan-cial performance have often led to conflicting results due to small samples and subjective environmental performance criteria. For the could boost your bottom line an opportunity to transform the for... Public-Private partnerships like this would be the fourth CEO at the Tennessee-based that. Consumers see it every time they fill up at a truck stop in Northern.. 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