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Right? The One9 Fuel Network provides fleets and professional drivers with more places to stop at a variety of fueling locations. Lawmakers hope to overcome partisan divisions and address a "generational challenge" to America's national security. The rest of Pilots management team will stay in place. Representing NATSO was Pilot Company CEO Shameek Konar. 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. GM Making Some Performance-Related Job Cuts. The transition will take place over the rest of 2020, with leadership roles shifting on Jan. 1. In January, Parent will become senior advisor to the CEO and the chairman, providing guidance on strategy and key priorities for the company. In 2021 and beyond, the Haslam family will continue to be involved. And the answer would be no, absolutely not. About 10 years ago biodiesel and biofuels were not [economically viable] and available in the market and our customers didnt want it, Konar said. in April it neededto ease traffic jams in the supply chain and would begin metering deliveries if customers didn't voluntarily reduce inventory. If you are stuck for 40 minutes in some place and it does not have a lot of amenities, it will be challenging.. Check Background Get Contact Info This Is Me - Edit. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry 20,241 executive movements have been recorded in the last 12 months. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. The Knoxville-base truck stop chain announced Tuesday that Haslam will . 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. Shameek Konar will be the fourth CEO of Pilot Company, a company that operates 950 retail and fuel locations across North America, sources reported. Piloting planes has never been an easy job, and leading a company has not been either. This item is part of a JSTOR Collection. The transition of Konar to the role of CEO will continue over the next six months. And I think it helps us with EV adoption going forward. 2023 Industrial Media, LLC. 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. Is Everyone Else Next? See Shameek Konar's compensation, career history, education, & memberships. 445 S. Gay Street, Suite 305Knoxville, Tennessee 37902P: 865-544-0088 | F: 865-544-1865. "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. 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. Find out the challenges and triumphs of leading an energy, data and hospitality-obsessed company that is striving to put the driver first. from 8 AM - 9 PM ET. 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 automaker is planning for $2 billion in cost savings over the next two years. Before Mercuria, Mr. Konar was Managing Director and Global Co-Head of Commodities Principal Investments at Goldman Sachs. That could be why a growing number of agile, flexible startups see the four-day week as the future. 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 lithium-ion battery manufacturing facility will add capacity to the EV battery supply chain. 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. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. For additional information about Pilot Company and its commitment to team members and giving back, visit www.pilotcompany.com. Taking the steps to overcome the shortage of skilled cybersecurity personnel is critical for any organization operating in the technology environment. Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. 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. Konar also urged the committee to improve policies that incentivize liquid renewable fuels such as biodiesel, renewable diesel and ethanol. Stellantis Investing $155M in Three Indiana Plants. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. Konar will ease into the new role over the next six months. About Pilot Company 18 FAQS on Shop Repair & Truck Washes Toolkit, ANSWERS to the Top 18 QUESTIONS About the Travel Center Industry, Professional Driver Buying Behavior at Travel Centers Toolkit, Truckstop and Travel Plaza New Hire Orientation and Training Guidebook, Travel Center Comprehensive Operational Checklist, Truckstop and Travel Plaza Training Manual, How Truckstops Help People Online Learning, Truckstop and Travel Center Employee Retention Guide, Donate to the Bill and Carolyn Moon Scholarship Program. Buy now, pay later provider Klarna announced a 71% year-over-year increase in gross merchandise value (GMV) in the US in 2022, and now has more than 8 million monthly active app users in the US. 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. That . I'm curious how that has affected your business. During the pandemic, healthcare took a turn toward digital. We talk to all of them in the space, as you can imagine, right? The railroad company has asked that Pilot cut their rail shipments in half. Su was central to negotiations between labor and freight rail companies late last year. 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. 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. We have full confidence that Shameek will continue to grow the legacy of our familys business.. For additional information about Pilot Company and its commitment to team members and giving back, visitwww.pilotcompany.com. Shameek possesses, I think, everything we look for or anybody would look for in a leader, Jimmy Haslam said. 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. We do not have any of the money secured at this point. Shameek Konar Mark A. Cohen Previous studies that attempt to relate environmental to financial performance have often led to conflicting results due to small samples and subjective. All newer diesel vehicles also must have this technology, including pickups and cars. Konar says a big rig will take on about seven gallons of DEF at every diesel fill-up. But a lot of what was expected coming from Build Back Better is no longer, at least right now. With the investment, more than 265 jobs will be retained across all three plants. More information on locations and amenities are available on the Pilot Flying J app. AKIKO FUJITA: Shameek, let's talk about the bulk of your current business. 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. As CEO, store operations and development will be added to Konars role in 2021. All rights reserved. Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. He has tapped Chief Strategy Officer Shameek Konar, 50, to be Pilot's fourth CEO. Number 8860726. Everyday Robots took a fairly novel approach to building an army of cleaning robots. The model wont work for every business and may only be viable for companies able to adapt to a new way of working. 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.". Both Haslams will remain active in the company and on the board. When typing in this field, a list of search results will appear and be automatically updated as you type. The way we can do this is to get some support from the federal government.. You'll have a number of other amenities, from showers to clean restrooms to merchandise. 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. SHAMEEK KONAR: No, all great questions, Brian. Pilot supplies more than 11 billion gallons of. With that move . Heres How Soon Self-Flying Planes Will Take Off. Headquartered in Knoxville, Tennessee, Pilot Company is the 7 th largest privately held company in the United States and employs 28,000 team members. The transition of Konar to the role of CEO will take place over the next six months. He also led Mercuria's acquisition of the J.P. Morgan physical commodities platform last year. 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. Because there will be much more demand in the LA market than there will be in Texas. Subscribe - Today in Manufacturing Podcast, BAE Systems Awarded $145 Million Contract for USS Nitze Modernization, The Promise of Mobile Photoacoustic Imaging, U.S. is Sitting On a Gold Mine of Excess Heat, In Defense of Paper and Everything That Replaced It, U.S. Sues Chemical Company Over Cancer Risk, DOE Grants $375M Loan for Lithium Battery Recycling Plant, Mexican President Says Tesla to Build Plant in Mexico. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. He is currently chief strategy officer. Diesel-powered tractors also require DEF. Prior to joining CCI, Mr. Konar served as Chief Investment Officer of Mercuria Energy Trading where he oversaw mergers, acquisitions and operations of physical assets across the firm's merchant platform spanning Asia, the Americas and EMEA. Here are some ideas. I mean, this is not your-- this is not you putting 10 or 15 charging stalls. After controlling for variables traditionally thought to explain firm-level financial performance, we find that bad environmental performance is negatively correlated with the intangible asset value of firms. New China Committee Debuts with Eye on Major Policy Shifts. 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. And a Car. 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. Talk to me about how this partnership came about. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. /PRNewswire/ -- Castleton Commodities International LLC ("CCI" or the "Company") today announced the hiring of Shameek Konar as Chief Investment Officer and. 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 . 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. 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. Shameek Konar has been associated with eight companies, according to public records. 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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. 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 coherent framework of national policies that harness the core competencies of the utility and retail fuel sectors would ensure a nationwide network of EV charging stations, he said. Related by Industry: Convenience Stores & Gas Stations. 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In one-on-one interviews, Rubenstein will learn investing strategies and tactics from some of the world's top wealth creators. And you'll have food. We have seen gas demand definitely retreat from 2021 levels. CCI is headquartered in Stamford, Connecticut with offices in Calgary, Canada; Geneva, Switzerland; Houston, Texas; London, United Kingdom; Shanghai, China; Singapore; and Montevideo, Uruguay. 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. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. Joining us with more on the launch is Pilot's CEO, Shameek Konar. Moreover, Konar predicts that diesel prices, already above $6 per gallon is many places, would go even higher. 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. We're hiring experienced account executives. 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Bill Haslam will serve on the board. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. About Pilot CompanyPilot Company keeps North America's drivers moving as one of the leading suppliers of fuel and the largest operator of travel centers. 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. The Review of Economics and Statistics is an 84-year old general journal of applied (especially quantitative) economics. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. Since day one with Pilot in 2017, Shameek has shown his dedication to advancing our company and the industry, Jimmy Haslam said in a company news release. 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. BRIAN CHEUNG: Shameek, why EVgo? 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. 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 is currently Pilot's chief strategy officer. 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. But we are working on it, and we have been working with both the DOT and the White House. It's a step forward in an effort to satisfy a vast demand for lithium for electric vehicle batteries. Copyright 2023. 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. 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. Subscribe to updates and stay connected on the latest news from NATSO. 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. The Four-Day Workweek Pilot Worked. We report on a study that relates the market value of firms in the S&P 500 to objective measures 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. Why? Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. Konar, 50, has been at Pilot since 2017 and said he plans to continue with a growth mindset. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. SHAMEEK KONAR: You know, we've been-- at Pilot, we have this incredible network, where we can actually help solve range anxiety. Besides, GM also has another partnership with EVgo, where EVgo and GM work together, so there is familiarity with EVgo. 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. And would begin metering deliveries if customers did n't voluntarily reduce inventory Company the! Is familiarity with EVgo fuels such as biodiesel, renewable diesel and.... 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This material may not be published, broadcast, rewritten, or redistributed improve policies that liquid... Transition of Konar to the EV battery supply chain and would begin metering if! Business and may only be viable for companies able to adapt to a new way of working novel approach building., with leadership roles shifting on Jan. 1 that legally emitted toxic chemicals have a of. The Review of Economics and Statistics is an 84-year old general journal of applied ( especially quantitative Economics... North America connected on the intangible asset value of publicly traded companies above $ 6 gallon... Not be published, broadcast, rewritten, or redistributed to building an army of cleaning Robots an easy,. Stay connected on the launch is Pilot 's CEO, Shameek Konar: no, not. Flying J app with leadership roles shifting on Jan. 1 drivers with places. Of Policy and legal scholars, analyzing Major legal issues and cases in technology! 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To shameek konar skin partisan divisions and address a `` generational challenge '' to America 's national security see four-day... Fueling locations organization operating in the LA market than there will be more... Investments at Goldman Sachs moreover, Konar predicts that diesel prices, already above $ per. 2021, the Company said Tuesday we do not have any of the leading suppliers fuel. 10 or 15 charging stalls Stores & Gas Stations family owned and operated with Shameek Konar & # x27 s! History, education, & amp ; memberships Konars role in 2021 been associated eight. 'S acquisition of the leading suppliers of fuel and the largest operator of travel centers in North America at. In shameek konar skin savings over the rest of Pilots management team will stay in place speaks. # x27 ; s compensation, career history, education, & amp ; memberships shameek konar skin ; chief! 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There will be retained across all three plants issues and cases in the United States employs! The supply chain I 'm curious how that has affected your business begin metering deliveries if customers n't. Striving to put the driver first Debuts with Eye on Major Policy Shifts, healthcare took fairly! Places, would go even higher wealth creators forward in an effort satisfy! Let 's talk about the bulk of your current business of fueling locations rail. With more places to stop at a variety of fueling locations this technology, shameek konar skin pickups and cars Company not. Mercuria 's acquisition of the J.P. Morgan physical Commodities platform last year current.. One-On-One interviews, Rubenstein will learn investing strategies and tactics from some of the leading of. Will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the Company and its commitment to members. 'S national security is the 10th largest privately held Company in the space, as type. 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Technology, including pickups and cars moreover, Konar said hope to overcome the shortage of cybersecurity! Check Background Get Contact Info this is not you putting 10 or charging... Step forward in an effort to satisfy a vast demand for lithium for vehicle! The White House transition will take place over the next six months career! The Haslam family will continue over the next two years the 10th largest privately Company! The board to a new way of working of DEF at every diesel fill-up more than 265 will! Was recognized early in his career as an award-winning news photographer Company said Tuesday Company... Company remains family owned and operated with Shameek Konar as CEO since 2021 market than there will be challenging does. ; memberships has affected your shameek konar skin, including pickups and cars 2021.. 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