Shameek Konar has been associated with eight companies, according to public records. We are super excited about this. Konar will ease into the new role over the next six months. All rights reserved. Informa Markets, a trading division of Informa PLC. 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. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. Shameek Konar serves as Pilot Company's chief executive officer. Shameek Konar Overview. KNOXVILLE, Tenn., July 21, 2020 /PRNewswire/ -- Pilot Company, the leading supplier of fuel and the largest operator of travel centers in North America, announced today that CEO Jimmy Haslam will. "Union Pacific's restrictions will prevent Pilot from keeping many markets adequately supplied with DEF, likely causing shortages that will sideline trucks and reduce trucking capacity.". Pilot supplies more than 11 billion gallons of. Parent has helped the company achieve significant growth through the development of successful systems and processes, as well as building an outstanding leadership team, the company said. In the Retail industry, Shameek Konar has 39,668 colleagues in 2,616 companies located in 86 countries. We talk to all of them in the space, as you can imagine, right? CCI is headquartered in Stamford, Connecticut with offices in Calgary, Canada; Geneva, Switzerland; Houston, Texas; London, United Kingdom; Shanghai, China; Singapore; and Montevideo, Uruguay. "Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. Prior to that, he was responsible for Constellation's Oil and Gas Investment portfolio and was also part of the team responsible for the IPO of one of the first North American Oil and Gas MLPs. It will only help the adoption of EVs. All rights reserved. If you can keep people more engaged and give them more things they can dolike at our travel centers or at retail stops, where you can eat, you can shower, you can do other things, he said. SHAMEEK KONAR: No, all great questions, Brian. The model wont work for every business and may only be viable for companies able to adapt to a new way of working. That urea-based liquid is required in all diesel engines manufactured after 2010. It allegedly presents an unacceptable cancer risk to the nearby community. And definitely, we're still way below 2019 levels, both at Pilots and across the country. Biden to Nominate Julie Su as Next U.S. Labor Secretary. 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. Right? What we've been seeing specifically in the last couple of months after the elevation in prices and the war is, an average gas customer is consuming or filling, basically, 6% to 7% fewer gallons than they were before. Number 8860726. If you would like to receive a digest of blog post and articles directly in your inbox, please provide your name, email and the frequency of the updates you want to receive the email digest. Whether encountering turbulent times or smooth sailing, leaders can look to a number of ways to keep a strong company culture. 2001 The MIT Press At Pilot Flying J, Shameek Konar has 24 colleagues including James Haslam (Chairman Emeritus), Jimmy Haslam (Chairman of the Board) Industry Colleagues. 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. 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. But we are going to size it based on demand, and as EV adoption kind of increases, we fully anticipate putting in incremental chargers in these locations. If you use a windshield cover, you can at least forget about scrapping the ice off your windshield to save some time and hassle. As CEO, I will be deeply committed to keeping those values in place and investing in our team, while also working to better serve our guests, advance our goals and continue to strategically grow the business.". That could be why a growing number of agile, flexible startups see the four-day week as the future. We do not have any of the money secured at this point. As CEO, store operations and development will be added to Konar's role in 2021. "When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry UP told customers in April it neededto ease traffic jams in the supply chain and would begin metering deliveries if customers didn't voluntarily reduce inventory. SHAMEEK KONAR: Great questions. Representing NATSO was Pilot Company CEO Shameek Konar. Pilot Company CEO Shameek Konar joins Yahoo Finance Live to discuss its plans to roll out an EV charging network in partnership with GM and EVgo, and the outlook for the gas station and rest stop chain. Not only would prices go up for DEF, which is now the highest it's ever been at nearly $4 per gallon. Avoid making these seven mistakes to craft a stronger, more resilient retail strategy for your product business. Certainly a lot of excitement when that announcement first came down. To your second question, you know, I think in the beginning, it's going to be difficult for us to make money on this. Musks TeslaMaster Plan Lacks Drive. 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. 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. Because there will be much more demand in the LA market than there will be in Texas. The rest of Pilots leadership team will remain in place. This material may not be published, broadcast, rewritten, or redistributed. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. How is that distributed among the partners here? Google Shuts Down Trash-Sorting Robot Division. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Of importance to NATSO members, lawmakers and witnesses discussed the role of the private sector in advancing electric vehicle charging in the marketplace and the need for public utilities to perform the necessary generation development and power grid restructuring work through its regulated monopoly. 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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. The Review of Economics and Statistics Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. We have full confidence that Shameek will continue to grow the legacy of our familys business.. 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.. Konar joined seven other witnesses from the private sector and public utilities, including FedEX Chair and CEO Fred Smith as well as Laurie Giammona from Pacific Gas and Electric. Private companies dont always get the attention they deserve compared to their public peers, but this year was different. The Review of Economics and Statistics is an 84-year old general journal of applied (especially quantitative) economics. In January, Parent will become a senior advisor to the CEO and the chairman, providing guidance on strategy and key priorities for the company. If you are stuck for 40 minutes in some place and it does not have a lot of amenities, it will be challenging.. He did not push for an increase in truck weight limits. The transition will take place over the rest of 2020, with leadership roles shifting on Jan. 1. Konar will take on additional responsibilities immediately, including the management of technology, HR, finance and legal. He is currently chief strategy officer. The Pilot Flying J travel center network includes locations in 44 states and six Canadian provinces with more than 680 restaurants, 74,000 truck parking spaces, 5,300 deluxe showers, 6,200 diesel lanes and 35 Truck Care service centers. 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. Both Haslams will remain active in the company and on the board. Headquartered in Knoxville, Tennessee, Pilot Company is the 7th largest privately held company in the United States and employs 28,000 team members. GM Making Some Performance-Related Job Cuts. The Pilot Flying J travel center network includes locations in 44 states and six Canadian provinces with more than 680 restaurants, 74,000 truck parking spaces, 5,300 deluxe showers, 6,200 diesel lanes and 35 Truck Care service centers. A railway's request would cut tens of millions of truck miles just as driver shortages persist and truck availability is already tight. Konar says a big rig will take on about seven gallons of DEF at every diesel fill-up. Pilot has a compelling growth strategy in place and a bright future ahead. Jim Haslam founded Pilot Corporation in 1958 with one gas station and the family has led the business to become the industry leader it is today. So we don't necessarily have, here's the dollar amount, our goal is to put it in 500 sites, our goal is to have 2,000 stalls. In 2021 and beyond, the Haslam family will continue to be involved. We were among the first university presses to offer titles electronically and we continue to adopt technologies that allow us to better support the scholarly mission and disseminate our content widely. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. This includes knowledge filled blog posts, articles and publications. The transition of Konar to the role of CEO will continue over the next six months. Previous studies that attempt to relate environmental to financial performance have often led to conflicting results due to small samples and subjective environmental performance criteria. Corn, soybeans bounce back after Tuesdays severe slump, Calf prices strengthen, cattle herd shrinking. AKIKO FUJITA: Shameek, let's talk about the bulk of your current business. 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. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. The company is moving closer to closing the factory. The railroad company has asked that Pilot cut their rail shipments in half. Shameek Konar Chief Executive Officer Shameek Konar serves as Pilot Company's chief executive officer. Check Background Get Contact Info This Is Me - Edit. Edited at Harvard University's Kennedy School of Government, The Review has published some of the most important articles in empirical economics. And that means higher airfares are coming. This is a pretty big project here. And I think it helps us with EV adoption going forward. And a Car. So for example, EVgo's got a great lab, where they test out a number of different chargers, and try to improve the product. 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. As CEO, I will be deeply committed to keeping those values in place and investing in our team, while also working to better serve our guests, advance our goals and continue to strategically grow the business.. Youve gone from two minutes to fuel a car to 40 minutes or 30 minutes to charge your car. This next phase of leadership ensures the company will remain committed to the industry and to expanding the business while upholding the values instilled by the Haslam family. 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Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. 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. Pilot Company is currently ranked No. It reportedly paid $2.76 billion for a 38.6% share of Pilot in 2017. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently. Mr. Konar also served in a variety of senior roles at Constellation Energy, including Senior Vice President of Corporate Strategy and Development, where he led the firm's M&A efforts and was a member of the Executive Management Committee. Konar will be the fourth CEO at the Tennessee-based company that operates 950 retail and fuel locations across North America, theKnoxville News Sentinelreported. In addition to Jim and Jimmy, Whitney Haslam Johnson will continue to serve as chief experience officer and member of the board, and Bill Haslam will serve on the board. Konar cautioned that policies which allow electric vehicle charging stations at rest areas or permit utility companies to increase rates to all ratepayers to offset their consumer-facing EV charging station investments will discourage the private sector from investing in electric vehicle charging. 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. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. From time to time, The Review also publishes collections of papers or symposia devoted to a single topic of methodological or empirical interest. 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. 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"OF the 300 million gallons of DEF that Pilot supplies to the industry every year, 74% is moved by rail," Konar said. In 2021 and beyond, the Haslam family will continue to be involved. And I ask, because obviously, there was some money set aside in the infrastructure bill. Media Contacts: Edelman Mike Geller +1 (212) 729-2163 [emailprotected], SOURCE Castleton Commodities International LLC, Cision Distribution 888-776-0942 Pilot Company keeps North Americas drivers moving as one of the leading suppliers of fuel and the largest operator of travel centers. We report on a study that relates the market value of firms in the S&P 500 to objective measures NATSO provides a breadth of information created to strengthen travel plazas ability to meet the needs of the travelling public in an age of disruption. The automaker is planning for $2 billion in cost savings over the next two years. Farmers are feeling it when they fuel their tractors and purchase inputs that are manufactured and shipped because of the free flow of oil around the globe. The transition of Konar to the role of CEO will continue over the next six months. With the investment, more than 265 jobs will be retained across all three plants. 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, company president. CEO Jimmy Haslam named chairman; Chief Strategy Officer Shameek Konar named CEO. 10 on Forbes list of Americas largest private companies. With that move . This is untenable for trucking and the U.S. economy. The Press's enthusiasm for innovation is reflected in our continuing exploration of this frontier. 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. His knowledge of the energy sector, including expertise in the acquisition, development and operations of infrastructure assets and resources, and his deep appreciation of Pilots culture and values are a few of the reasons why we chose him to be our next CEO. Jimmy Haslam's father, Pilot founder Jim Haslam, will move from chairman to chairman emeritus. The railroad company has asked that Pilot cut their rail shipments in half. Konar further testified that U.S. diesel inventories are running 10-15% below their lowest point in the last five years, further exacerbating supply issues and raising the cost of diesel. If you dont innovate, you die, Konar told the newspaper. New China Committee Debuts with Eye on Major Policy Shifts. Tesla Wants $330M in Additional Nevada Tax Breaks. Konar has more than 20 years of experience in the energy and commodity market focusing on acquiring, integrating and optimizing assets, according to a news release. And the FAA is playing it cool. But it's too early to write off Klarna. But over time, we fully feel like this will be a great new set of customers who are going to come to our locations. Copyright 2023. But we are working on it, and we have been working with both the DOT and the White House. Konar has more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. When typing in this field, a list of search results will appear and be automatically updated as you type. Testifying on behalf of NATSO before the House Transportation and Infrastructure Committee, Pilot Company Chief Executive Officer Shameek Konar testified that truckstops and travel plazas are best positioned to own and operate EV charging stations and that the right alignment of policy incentives will ensure a faster, more widespread and cost . Konar is currently Pilots chief strategy officer. And we've been looking to try and find companies to partner with, and we've been working on this for almost a year and a half at this point, with GM and EVgo, to put together what would be a sensible way to basically provide safe, reliable charging, and a solution to range anxiety. Includes local daily and weekly newspapers, where he was shameek konar skin early in his career as an award-winning photographer!, it will be the fourth CEO at the Tennessee-based company that operates 950 retail fuel... Making these seven mistakes to craft a stronger, more resilient retail for. Been associated with eight companies, according to public records publishes collections of or... Paid $ 2.76 billion for a 38.6 % share of Pilot in 2017, broadcast, rewritten, redistributed! Haslam founded the company and on the board: Shameek, let 's about. Calf prices strengthen, cattle herd shrinking planning for $ 2 billion in cost savings over the six... 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