Bill Haslam has rejoined the board, and Whitney Haslam Johnson remains a board member. Sale ends 7/23. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> googletag.pubads().enableSingleRequest(); Gianforte has failed to protect Montanas citizens from his states northern border with Canada from the Chinese Army, drug cartels trafficking Chinese fentanyl, and farmland from buyers like Huawei from China. Get unlimited digital access today for only $39 for a year. googletag.cmd.push(function() { Union Pacific, which plans to remove anywhere from 2% to 4% of its cars from the network, reported at the hearing that it is asking shippers with the highest impact on its network, including Pilot Flying J, to reduce inventory as the railroad is dealing with over 20,000 excess cars on its grid. Konar has worked in leadership roles atCastleton Commodities International, Mercuria Energy Trading and Goldman Sachs. Shameek served in several senior roles at Constellation Energy, including senior vice president of corporate strategy and development. }); Pilot Flying J changes name to reflect totality of businesses, Pilot Flying J launches fuel network targeting small carriers. Parent will guide company strategy and priorities. Education. His leadership was instrumental in growing Pilot Companys energy business, developing the platform and executing several acquisitions since his tenure at Pilot Company began in 2017. Shameek Konar, CEO of Pilot Travel Centers, said railroad disruptions from labor shortages and other problems have led to Union Pacific Railroad ordering Pilot to reduce its diesel exhaust fluid deliveries, which he said Pilot cannot afford to do, or face a shipment embargo. "Shameek possesses, I think, everything we look foror anybody would look for in a leader," Jimmy Haslam told Knox News. Your email address will not be published. Still, Konar remarked that, based on conversations with UP, the heavy restrictions imposed on Pilot Flying J do not fairly and proportionately allocate the supply issues because Pilot has not increased the total number of cars it received every month since January. KNOXVILLE, Tenn. As Pilot Co. transitions toward Berkshire Hathaway assuming a controlling interest in the travel-center company in 2023, CEO Jimmy Haslam will become chairman on Jan. 1, 2021, and Shameek Konar, the company's chief strategy officer, will succeed Haslam as CEO at that time. Get started Florida, Marriages, 1970 - 1999. Check Background Get Contact Info This Is Me - Edit. Konar is from New Delhi, India, and moved to the United States in 1991 to attend Vanderbilt. Shameek Konar Shameek Konar. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Enter your email address to follow this blog and receive notifications of new posts by email. At the Apr. . Those are some of the things we can do to take advantage of the change in logistics where Amazon and other distribution centers are located. It rescinded its three-year-old COVID-19 shot mandates. ", It's the right time for a change, Haslam said. Shameek previously served as Pilot Companys chief strategy officer, leading the companys energy division, including business and asset development, supply, distribution and sales. CEO Jimmy Haslam named chairman; Chief Strategy Officer Shameek Konar named CEO. Do Not Sell or Share My Personal Information. Chief Strategy Officer Shameek Konar will become the fourth CEO of Pilot, ranked No. They have two sons, ages 14 and 18. googletag.pubads().enableSingleRequest(); It was paid $2.6 million to administer the Nov. 8th Election in Los Angeles County, California. Instead of just selling fuel through our travel centers, we have expanded to become one of the largest wholesalers of fuel in the country, selling fuel across the rack [a distribution point] to many customers.. }); Haslam said in the FreightWaves interview that he sees a saturation point for truck stops and travel plazas coming. Founded in 1958, Pilot Company has grown to become one of the leading suppliers of fuel and is the largest operator of travel centers in North America. We have an amazing network, Konar said. The companies were formed over a twenty year period with the most recent being incorporated one year ago in May of 2021. Overnight on Wall Street is daytime in Asia. Details were supposed to be released Thursday. Shameek Konar married Victoria Christina Klein on month day 1996, at marriage place, Florida. Gov. Since November, Pilot has been targeting small trucking fleets with its One9 fueling network, aligning with brands like Marathon Oils Speedway commercial fueling locations. window.googletag = window.googletag || {cmd: []}; Why? Konar, who joined Pilot in 2017, will be the first nonfamily CEO in the 62-year history of the company, which has grown from its start as a single gas station to include 28,000 employees and 950 locations, and is the nations largest seller of over-the-road diesel fuel. He has tapped Chief Strategy Officer Shameek Konar, 50, to be Pilot's fourth CEO. While attending Vanderbilt, Konar worked odd jobs on campus, from cleaning bathrooms to tutoring athletes. Pilot Flying J is part of the Convenience Stores, Gas Stations & Liquor Stores industry, and located in Tennessee, United States. His leadership was instrumental in growing Pilot Company's energy business, innovating the platform and executing several acquisitions He also spent two decades in domestic and international media relations and executive communications with General Motors. Founder Jim Haslam will transition from chairman tochairman emeritus and both he and Jimmy Haslam will remain active in the company and on the board. At Pilot, he focused on acquiring, integrating and making the most of assets. <> We pay attention.. Three years ago it hired Konar to launch PFJ Energy. Konar told TT the company culture was a key aspect of his decision to join Pilot. Retailers feel pressure to foster continuous innovation that helps keep pace with constantly evolving customer preferences. Join President and GM of NCR Retail, David Wilkinson, Tim Baxter, CEO EXPRESS and Shameek Konar, CEO Pilot Flying J as, 1101 New York Ave NW, Washington, DC 20005, Building the foundation for superior customer experiences: How retailers can capitalize on customer and associate focused innovation. "Pilot's had a long history of innovating as markets changed and looking for the opportunity. KNOXVILLE, Tenn. (AP) The CEO of Pilot Company, the nation's largest fuel retailer, announced Tuesday that he will transition to chairman of the board at the beginning of next year and chief strategy officer Shameek Konar will take the lead role at the company. Jimmy Haslam described Konar as someone who is smart, humble, has a strong work ethic and understands both people and business. Melissa Hodgman is Mrs. Peter Strzok. 7, when announcing its upcoming hearing (download Notice of Public Hearinghere), STB underscored that over the last six years,Class Irailroads have collectively reduced their workforce by 29 percentcutting nearly 45,000 employees from the payrolls. googletag.pubads().enableSingleRequest(); She is the Associate Director of the Security & Exchange Commission (SEC). How can fleet managers harness technology to get a better handle on vehicle speed and improve their safety culture? Baxter, meanwhile, noted his company's "remarkably similar" priorities. googletag.pubads().enableSingleRequest(); Operating the largest network of travel centers in the United States, Pilot Flying J wasfoundedby James A. Haslam II in 1958. Shameek met his wife while attending Vanderbilt, where she also was pursuing her Ph.D. googletag.enableServices(); We stay close to the [alternative] technology, and we are always learning and looking for opportunities to invest. 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. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767737710-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); 10 on Forbes' list of largest private Americancompanies. Konar joined Pilot in 2017 to grow its energy business. Board ChairmanMartin J. Obermancommented on the impact of the significant cuts. Bradley managed Konnechs daily programming team based in China. ", Throughout the decades, Pilot has been committed to philanthropic giving within the East Tennessee community. Scytl is an election software company. Who is it? googletag.pubads().collapseEmptyDivs(); Taking into account various assets, Shameek's net worth is greater than $499,999; and makes between $150 - 174,999 a year. His statement was made in a press release issued today by NATO. The transition will take place over the next six months. Our second episode "The Evolution of Electric Trucks" featuring Nikola founder and executive chairman Trevor Milton, will air live on July 28 at noon EDT. 13, Pilot Flying J was informed by Union Pacific Railways (UP)whose largestshareholdersare Vanguard andBlackrockthat the company was required to reduce shipments by 26 percent. Then, in subsequent conversations, UP asked them to reduce rail shipments even further by 50 percent or face embargoes. The source is the Superior Court of California, County of Los Angeles (LA). He'll also be overseeingstrategies around COVID-19, determining how to return the corporate team to the office safely. Former Tennessee Gov. After that, Haslam said, he isnt sure. June 6, 2022Uncover DC and Offgrid with Doug and Stacey. In addition, his firm represents Kolomoisky and Optima commercial real estate in other matters. The ongoing crisis on the rails has paralyzed farmers, leaving them literally hours away from depopulating herds. The rail crisis, which is harming the nations economy, impacts the supply chain of U.S. agriculture, energy, and shipping across the board. That is our core business. 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WTT is ranked in Apple Podcasts top-20 Business News podcasts. googletag.enableServices(); googletag.enableServices(); Shameek earned a Ph.D. in economics and finance from Vanderbilt University in Nashville and a Bachelor of Arts in economics and mathematics from St. Stephens College in India. The privately held travel center. Shameek Konar, Pilot Corp: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Anna. googletag.cmd.push(function() { 3 0 obj Both he and President Ken Parent, who will transition to a senior advisor role in January, are in their 60s and have "a lot of miles on us.". We do about 1.5 million transactions a day. The contract runs through March 31, 2027. Pilot is ranked No. "My role will be to help Shameek in any way possible during this transition," Jimmy Haslam said. Executives from major U.S. railroads also attended the hearing. Jimmy Haslam is the owner of theCleveland Browns and part of the ownership group for the Columbus Crew, the MLS team. gptAdSlots.push(gptSlot); Twenty miles before the derailment, one of the train cars caught fire. It took an act of Congress to do it. For now, diesel remains the industrys primary fuel, and has presented Pilot with opportunity for expansion, he said. Threatened by a severe reduction in rail service allocations, the company heavily relies on the railroads to deliver its product. Pilot Company announced Tuesday, July 21, that CEO Jimmy Haslam (left) will become chairman of the board on January 1, 2021, and Shameek Konar (right), chief strategy officer, will become CEO. Their new ruler will be the head of WHO, Dr. Tedros. Headquartered in Knoxville, Tennessee, Pilot Company is the 7th largest privately held company in the United States and employs 28,000 team members. Prior to joining Pilot, Konar was chief investment officer and an executive committee member at Castleton Commodities International and Mercuria Energy Trading in Houston. In addition to Jimmy Haslam becoming board chairman, Jim Haslam will transition to chairman emeritus of the board, former Tennessee Gov. window.googletag = window.googletag || {cmd: []}; Konar, who joined Pilot in 2017, will be the first nonfamily CEO in the 62-year history of the company, which has grown from its start as a single gas station to include 28,000 employees and 950. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. For 21 years. Jimmy Haslam will become chairman of the board, which he joined at age 20 in 1975 when annual sales were around $50 million. All rights reserved. Six of the companies are still active while the remaining two are now listed as inactive. All rights reserved. Never oneto shy away from change and growth in its 62-year history, the Pilot Company will begin 2021 with a new leader at the helm. endobj The division supplies 900,000 barrels of fuel. Copyright 2023, All Rights Reserved, FreightWaves, Inc, Loaded & Rolling (Enterprise Fleet News/Analysis), Pilot Flying J changes name to reflect totality of businesse. stream }); Konar immediately assumes management of technology, human resources, finance and legal. Founder Jim Haslam and Jimmy Haslam will still be present in the office and available to help Konar in any way he might need. Yes, I want event updates and special offers! ]`}e/^6/y~s/wZmY^nZe}v^:g 2.Xbd`N_s'_q(d %\p.2a7 `nx7DG @J_D2HR/L/7muv}2a Lk3cd@h,$P^d@4\tUMM69 B'4Mg$_Og7qL"3!M AsAd Starting now, Konar willtake on management of Pilot's technology, human resources, finance and legal departments. He also was managing director and global co-head of commodities principal investments at Goldman Sachs, where he focused on growing the companys physical natural gas and crude oil businesses. Konar plans tolead with the same growth mindset that's long defined the company. googletag.cmd.push(function() { 10 on Forbes' list of America's largest private companies. "And plus, you've got a lot of team members out there and you need to take care of your team members and you need to take care of your guests. Concerned over the workforce shortage, on Apr. She will be joined on the board by Jimmys brother, former Tennessee Gov. googletag.enableServices(); Haslam in an exclusive interview with Transport Topics, said making the announcement now will help ensure a more orderly transition, adding, Its a significant change from me having been CEO for about 25 years., Pilot is one of the nation's largest operators of travel centers, with more than 950 locations. After the transition, Jimmy Haslam said he expects to spend one day a week in the office and anotherin the field visiting stores or evaluating real estate. 26 & 27 hearing, Konar explained that on Apr. Find out the challenges and triumphs of leading an energy, data and hospitality-obsessed company that is striving to put the driver first. endobj Konar and his family are building a new home in Knoxville and will move here from Houston next summer. "I've had the privilege of working here for 44 years, so over that time you acquire, hopefully, a little institutional knowledge, and we'll do everything we can to share that with Shameek. Haslam will continue to oversee real estate. Countries will adopt the treaty in May. In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. Konar joined Pilot in 2017 to launch PFJ Energy. 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