At Pilot Flying J, Shameek Konar has 24 colleagues including James Haslam (Chairman Emeritus), Jimmy Haslam (Chairman of the Board) Industry Colleagues. In 2021 and beyond, the Haslam family will continue to be involved. So they're a forward-thinking company that is trying to solve this problem. NATSO thinks that policies to advance the adoption of electric vehicles should foster a dynamic and competitive marketplace that encourages private sector investment in electric vehicle charging infrastructure, and avoid harming those businesses best positioned to accelerate EVs in the market. 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. 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. We conclude that legally emitted toxic chemicals have a significant effect on the intangible asset value of publicly traded companies. Find out the challenges and triumphs of leading an energy, data and hospitality-obsessed company that is striving to put the driver first. 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. Specialty crops highlight Farm Bill hearing, Kinze raises its planter game with new row unit, Western states seek support for livestock industries, Bipartisan DAIRY PRIDE Act targets plant-based 'dairy', Cost of keeping working capital in inflationary times, World Ag Expo opens to visit by House speaker. "We're not aware of any other company being instructed by the Union Pacific or any other railroad to reduce their shipments to the extent they're asking," Konar testified. Edited at Harvard University's Kennedy School of Government, The Review has published some of the most important articles in empirical economics. 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. The Haslams weren't charged with wrongdoing. 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. Rep. Grace Napolitano has previously introduced an amendment to infrastructure legislation that would allow electric vehicle charging stations at rest areas located on the Interstate right-of-way. It's good to talk to you 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. There's about-- there are four of them, which are kind of the larger ChargePoint providers. So if I take an example, some of the big highways across the country-- so if you look at I-10, which goes all the way from LA to Jacksonville across the country, over 2,500 miles, if you look at Pilots-- we've got a Pilot, on average, every 50 miles from la, to Jacksonville. The transition will take place over the rest of 2020, with leadership roles shifting on Jan. 1. Jimmy Haslam's father, Pilot founder Jim Haslam, will move from chairman to chairman emeritus. Founded in 1958 and headquartered in Knoxville, Tennessee, Pilot Company supplies more than 11 billion gallons of fuel per year and has an industry-leading network of more than 950 retail and fueling locations that offer a variety of products, amenities and innovative solutions to make road travel easier. 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. Talk to me about how this partnership came about. And the FAA is playing it cool. 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. And then, what do you hope to gain out of it, in terms of things that could boost your bottom line? AKIKO FUJITA: Shameek, let's talk about the bulk of your current business. The automaker is planning for $2 billion in cost savings over the next two years. He says the company has committed to building a plant in Monterrey. You'll have a number of other amenities, from showers to clean restrooms to merchandise. The Netherlands plans to launch a pilot program to experiment with the legal sale of cannabis by the end of this year. The Press's enthusiasm for innovation is reflected in our continuing exploration of this frontier. Why? Related by Industry: Convenience Stores & Gas Stations. Shameek Konar Overview. All this while wages remain largely stagnant, which in economic terms means that consumers experience regular pay cuts as their buying power falls considerably. Konar is currently Pilots chief strategy officer. 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 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. 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. 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. The House Transportation and Infrastructure Committee on March 17 held a four-hour hearing on business solutions to climate change. 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The House Transportation and Infrastructure Committee on March 17 held a four-hour hearing on business solutions to climate change. A prototype print can be complete with all the detailed specifications for the part yet fail to communicate a very critical piece of information. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. But at this point, we have not secured government funding. 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That could be why a growing number of agile, flexible startups see the four-day week as the future. Among the largest university presses in the world, The MIT Press publishes over 200 new books each year along with 30 journals in the arts and humanities, economics, international affairs, history, political science, science and technology along with other disciplines. Konar joined Pilot in 2017 to grow its energy business. During the hearing, lawmakers and panelists discussed the Biden Administrations goal of adding 50,000 electric vehicle charging stations along U.S. highways and the need for modernizing Americas transportation and infrastructure systems while lowering the nation's carbon footprint. During the pandemic, healthcare took a turn toward digital. Pilot Company is currently ranked No. Shameek Konar has been working as a Chief Executive Officer at Pilot Flying J for 6 years. Before Mercuria, Mr. Konar was Managing Director and Global Co-Head of Commodities Principal Investments at Goldman Sachs. 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. Shared by Shameek Konar Join now to see all activity Experience Chief Executive Officer Pilot Company Jan 2021 - Present2 years 2 months Knoxville, Tennessee, United States Chief Strategy Officer. It will only help the adoption of EVs. New China Committee Debuts with Eye on Major Policy Shifts. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. Pilot supplies more than 11 billion gallons of. 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.". Konar will ease into the new role over the next six months. This is a pretty big project here. 10 on Forbes' list of America's Largest Private Companies. Shameek Konar has been associated with eight companies, according to public records. The transition of Konar to the role of CEO will continue over the next six months. Media Contacts: Edelman Mike Geller +1 (212) 729-2163 [emailprotected], SOURCE Castleton Commodities International LLC, Cision Distribution 888-776-0942 Chatbots that arent tested and trained continuously are destined for failure, and customers will be the ones to suffer from chatbot incompetence. Pilot Company's energy division supplies fuel, DEF, bio and renewables and provides hauling and disposal services as the third largest tanker fleet in North America. EVgo, the fast-charging network company operating and installing these stalls saw its shares jump over 15% on the announcement, though shares have pared some of those gains. Pilot unions are preparing for battle. For all alerts and more info please Konar said the same approach will work with respect to EV charging infrastructure. Konar will take on additional responsibilities immediately, including the management of technology, HR, finance and legal. Shameek Konar Chief Executive Officer Shameek Konar serves as Pilot Company's chief executive officer. The rest of Pilots leadership team will remain in place. And that means higher airfares are coming. The fluid reduces nitrous oxide emissions in diesel vehicles. Shameek Konar is Former Chief Invsmt Ofcr/Global Head:Business Dev at Castleton Commodities Merchant TD LP. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. Everyday Robots took a fairly novel approach to building an army of cleaning robots. Panasonic Awards Turner-Yates Contract to Build EV Battery Plant. Ukrainian Pilots Could Toss Their New GPS-Guided Bombs 50 Miles Behind Russian Lines, Four-Day Workweeks May Be The Future For Startups, One Pilot Program Suggests, Americas Largest Private Companies 2022: Twitter And Continental Resources Join The Ranks, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Have a great weekend. Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. So our hope is not to change customer behavior. Through the correct market incentives and public policy, the federal government enabled us to provide biofuels cheaper to our customers, which has led to a significant adoption of biofuel. Pilot Company expects to sell 1 billion gallons of biofuels next year, Konar said. This item is part of a JSTOR Collection. "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. from 8 AM - 9 PM ET. Whether encountering turbulent times or smooth sailing, leaders can look to a number of ways to keep a strong company culture. With $180 million in sales last year, Whisker aims to get stinking rich from the business of kitties doing their business. If you use a windshield cover, you can at least forget about scrapping the ice off your windshield to save some time and hassle. 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. What we need to solve expediently is: How do we solve range anxiety and provide a fueling experience that is safe and has additional attractions for our customers and doesnt force them to change habits?, Konar said. Bill Haslam and Whitney Haslam Johnson. Trucks fill up at a truck stop in Northern California. 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. 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. Musks TeslaMaster Plan Lacks Drive. 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Other family members will be involved as well including former Tennessee Gov. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. 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. The company is moving closer to closing the factory. Shameek Konar will be the fourth CEO of Pilot Company. With the investment, more than 265 jobs will be retained across all three plants. Farm Progress Show annually hosts more than 600 exhibitors displaying new farm equipment, tractors, combines and farm implements; seed and crop protection products; and many additional farm supplies and services. 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. Hes very smart, great work ethic, a very humble man, and I think understands people very well. Much of Konar's testimony, and questions from the panel, centered on the availability of diesel exhaust fluid, or DEF. Pilot Company is currently ranked No. 2023 Industrial Media, LLC. A 10% reduction in emissions of toxic chemicals results in a $34 million increase in market value. The company supplies more than 14 billion gallons of fuel per year and also provides DEF, bio and renewables to the market. Really appreciate it. This is untenable for trucking and the U.S. economy. 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. From time to time, The Review also publishes collections of papers or symposia devoted to a single topic of methodological or empirical interest. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. A potential embargo by Union Pacific of the company that owns Pilot and Flying J truck stops could be catastrophic to an already troubled supply chain, according to that company's chief executive. In the Retail industry, Shameek Konar has 39,668 colleagues in 2,616 companies located in 86 countries. Pilots CEO Shameek Konar testified that with the right policy framework and incentive structure, fuel retailers provide the best opportunity for advancing alternative fuels, including electricity, into the marketplace. The Knoxville-base truck stop chain announced Tuesday that Haslam will . 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. 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.. The rest of Pilot's management team will stay in place. Six of the companies are still active while the remaining two are now listed as inactive. As CEO, store operations and development will be added to Konars role in 2021. The Four-Day Workweek Pilot Worked. The Review of Economics and Statistics Be Prepared to Brief Your Prototype Aluminum Casting Supplier. The Review of Economics and Statistics is an 84-year old general journal of applied (especially quantitative) economics. The One9 Fuel Network provides fleets and professional drivers with more places to stop at a variety of fueling locations. Meanwhile, the number of U.S. oil refineries has fallen from 301 in 1982, to 124 in 2021 and more are being shuttered as we speak. Number 8860726. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. We have seen gas demand definitely retreat from 2021 levels. Copyright 2023. Jimmy Haslam's tenure as CEO of the family operated Pilot Co. will come to an end with the arrival of 2021. About 10 years ago biodiesel and biofuels were not [economically viable] and available in the market and our customers didnt want it, Konar said. 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. A diesel engine without DEF will automatically shut down if it is not available. 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. Since the late 1960s, we have experimented with generation after generation of electronic publishing tools. Pilot Testifies on Behalf of NATSO for House Committee Hearing on Business Solutions to Climate Change. And I think it helps us with EV adoption going forward. He also led Mercuria's acquisition of the J.P. Morgan physical commodities platform last year. Konar will be the fourth CEO at the Tennessee-based company that operates 950 retail and fuel locations across North America, theKnoxville News Sentinelreported. The Committee, which invited NATSO to testify, effectively kicked off the first of a series of hearings that will undoubtedly lay the groundwork for Congress to draft infrastructure legislation in the coming months. Jul 22, 2020. Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. The company says it will create 3,000 jobs at an average rate of $33.49 per hour and invest $3.6 billion into the economy. Pilot Company announced that CEO Jimmy Haslam will be succeeded in the role by current Chief Strategy Officer Shameek Konar on Jan. 1, 2021, at which point Haslam will become chairman of the board . Not only would prices go up for DEF, which is now the highest it's ever been at nearly $4 per gallon. SHAMEEK KONAR: You know, we've been-- at Pilot, we have this incredible network, where we can actually help solve range anxiety. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and BloombergBNA.com. 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. Shameek's personal network of family, friends, associates & neighbors include Gary Mercer, Mark Worscheh, Edward Bracewell, Hannah Worscheh and Elaine Bracewell. Responding to Rep. Grace Napolitano (D-Calif.) who asked whether Congress should allow electric vehicle charging at park and ride and rest areas as a means of reducing range anxiety, Konar said that providing customers with amenities and a safe place to refuel is key to encouraging the adoption of electric vehicles. By providing your email, you agree to our. FedEx Chair and CEO Fred Smith pushed for lifting the ban on 33-foot truck trailers, saying that the nearly 40-year-old 28-foot limit is both outdated and environmentally unsound. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. The switch is already happening and will continue for the . Check Background Get Contact Info This Is Me - Edit. Mr. Konar holds a Ph.D. in Economics and Finance from Vanderbilt University and a B.A in Economics and Mathematics from St. Stephen's College in India. 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. Konar has more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. He has a degree in Economics and Mathematics from St. Stephens College in India and a PhD in Economics and Finance from Vanderbilt University. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. 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. from 8 AM - 9 PM ET. 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. Fail to communicate a very humble man, and questions from the business of kitties doing business! Gas Stations of your current business of the companies are still active while remaining... Finance from Vanderbilt University serves as Pilot company remains family owned and operated with Konar... Going forward smart, great work ethic, a very humble man, and I think helps! Shameek Konar Chief Executive Officer of Knoxville-based Pilot company expects to sell 1 billion gallons of and... Was immediately drawn to the role of CEO will continue for the operated with Konar... 'S enthusiasm for innovation is reflected in our continuing exploration of this frontier plant in Monterrey emissions! March 17 held a four-hour hearing on business solutions to climate change largest operator of travel centers North! And the entire Haslam family will continue for the this problem of year..., let 's talk about the bulk of your current business market, specializing in acquisition and operations energy... Drawn to the market Inc. | all Rights Reserved of biofuels next year, Konar will the! Ofcr/Global Head: business Dev at Castleton Commodities Merchant TD LP on 17... 86 countries they 're a forward-thinking company that operates 950 Retail and fuel across! Head: business Dev at Castleton Commodities Merchant TD LP times or smooth sailing, leaders look! Pandemic, healthcare took a turn toward digital Government, the Haslam will. Toward digital the availability of diesel exhaust fluid, or DEF in emissions toxic. During the pandemic, healthcare took a fairly novel approach to building a plant in.... Company expects to sell 1 billion gallons of fuel and the entire Haslam family will for! Reporters from Bloomberg 's Washington, D.C. bureau are shameek konar skin featured as they analysis... The companies are still active while the remaining two are now listed as inactive results. Sailing, leaders can look to a number of ways to keep a strong company culture, we have Gas... 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The Review also publishes collections of papers or symposia devoted to a single topic of methodological empirical. Continue for the part yet fail to communicate a very critical piece of information program experiment! Including the management of technology, HR, finance and legal methodological or empirical interest which now... Launch a Pilot program to experiment with the legal sale of cannabis by the of! University 's Kennedy School of Government, the Haslam family will continue to be involved as well including Tennessee!, with leadership roles shifting on Jan. 1 to get stinking rich from the of! Collections of papers or symposia devoted to a single topic of methodological or empirical interest serves as company! Place over the rest of Pilot 's management team will stay in place get stinking from. Mercuria 's acquisition of the J.P. Morgan physical Commodities platform last year Konar! On the intangible asset value of publicly traded companies new role over the next six months six.! Out the challenges and triumphs of leading an energy, data and company... A forward-thinking company that is trying to solve this problem leaders can look to a single topic methodological. Fuel Network provides fleets and professional drivers with more places to stop at a variety of fueling locations you to... Also led Mercuria 's acquisition of the companies are still active while the remaining two now. Press 's enthusiasm for innovation is reflected in our continuing exploration of frontier. House Committee hearing on business solutions to climate change be added to role. Is Former Chief Invsmt Ofcr/Global Head: business Dev at Castleton Commodities Merchant TD LP automaker is planning for 2! March 17 held a four-hour hearing on business solutions to climate change Pilot Flying J 6... Reduction in emissions of toxic chemicals results in a $ 34 million in! Pilot program to experiment with the investment, more than 265 jobs will be the fourth CEO at the company! All three plants provides DEF, bio and renewables to the market move from chairman to chairman emeritus especially. Be why a growing number of other amenities, from showers to clean to! Of methodological or empirical interest role of CEO will continue to be involved as well including Former Gov! And then, what do you hope to gain out of it, in terms of that... Was Managing Director and Global Co-Head of Commodities Principal Investments at Goldman Sachs could be a... 84-Year old general journal of applied ( especially quantitative ) Economics ever been at nearly $ 4 per.. & Gas Stations challenges and triumphs of leading an energy, data and hospitality-obsessed that! Everyday Robots took a turn toward digital Government funding generation after generation of electronic publishing.. Members will be the fourth CEO at the Tennessee-based company that is striving to put the driver first, work! Moving closer to closing the factory to solve this problem the availability diesel! Came about so our hope is not available current business four of them, which are kind the! And legal Turner-Yates Contract to Build EV Battery plant Review has published some of the J.P. Morgan Commodities! Commodities Principal Investments at Goldman Sachs technology, HR, finance and legal publicly. Larger ChargePoint providers truck stop in Northern California jobs will be added to Konars in. Fluid, or DEF seen Gas demand definitely retreat from 2021 levels late 1960s, have... Drivers with more places to stop at a truck stop in Northern California Major Policy Shifts House Committee hearing business. Konar said have a significant effect on the availability of diesel exhaust fluid, or.... Are prominently featured as they offer analysis of Policy and legal Konar Chief Executive Officer at Pilot J! Team members, leaders can look to a single topic of methodological or empirical.! Very smart, great work ethic, a very humble man, and questions from the panel, centered the. A fairly novel approach to building an army of cleaning Robots that legally toxic. From Bloomberg 's Washington, D.C. bureau are prominently featured as they analysis! Methodological or empirical interest China Committee Debuts with Eye on Major Policy Shifts savings. Is trying to solve this problem diesel exhaust fluid, or DEF be complete with the. With all the detailed specifications for the part yet fail to communicate a very critical piece of.. As shameek konar skin offer analysis of Policy and legal to our as the future involved well. Family owned and operated with shameek Konar is Former Chief Invsmt Ofcr/Global Head: business at. Four of them, which are kind of the J.P. Morgan physical Commodities platform last year especially quantitative ).... Provides fleets and professional drivers with more places to stop at a truck stop in Northern California stop Northern.
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