All Rights Reserved. Mr. Konar will be based in CCI's Houston office where he will be responsible for managing the Company's investments in commodities-related assets and structured transactions, integrating these assets with CCI's trading platform, and expanding CCI's asset footprint globally. The company is moving closer to closing the factory. 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.. When buying cowboy boots, there are a few aspects to consider, such as how far up they go on your legs and their design. 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. You stop to fill gas. 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. Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. Find out the challenges and triumphs of leading an energy, data and hospitality-obsessed company that is striving to put the driver first. Really appreciate it. 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 companies were formed over a twenty year period with the most recent being incorporated one year ago in May of 2021. If you use a windshield cover, you can at least forget about scrapping the ice off your windshield to save some time and hassle. That . 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Chief Strategy Officer Shameek Konar will become the fourth CEO of Pilot, ranked No. 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. The magnitude of these effects varies across industries, with larger losses accruing to the traditionally polluting industries. Jimmy Haslam and his wife, Dee, also own the Cleveland Browns football team, which they bought in 2012 for $1.05 billion. It brings a new kind of class of customer to our locations. But we would require, or we would benefit from government funding, because like I said, the economics will be difficult in the beginning. Pilot receives about 45% of the raw materials used to make DEF by UP rail. Is Everyone Else Next? 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. Autonomous flight is coming to civil aviation sooner than anyone thinks, and it may prove to be a surprising boon for flyover country. Shameek possesses, I think, everything we look for or anybody would look for in a leader, Jimmy Haslam said. That could be why a growing number of agile, flexible startups see the four-day week as the future. The Atlanta-based carrier's very big deal may spur other huge pilot contracts at American, United and Southwest. But a lot of what was expected coming from Build Back Better is no longer, at least right now. Pilot has a compelling growth strategy in place and a bright future ahead. He is currently chief strategy officer. And based on our conversations, and based on where EVgo is in its kind of phase of growth, we thought they were the right partner for us. from 8 AM - 9 PM ET. "Thanks to Jimmy and Ken Parent's leadership, we are well positioned for what's 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. "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. 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. We have full confidence that Shameek will continue to grow the legacy of our familys business.. 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. 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. The Four-Day Workweek Pilot Worked. And I think it helps us with EV adoption going forward. Shameek Konar serves as Pilot Company's chief executive officer. It will only help the adoption of EVs. How is that distributed among the partners here? Subscribe to receive top agriculture news, Be informed daily with these free e-newsletters. 10 on Forbes list of Americas Largest Private Companies. Moxley Carmichael. 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. 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 . 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. 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. As CEO, store operations and development will be added to Konar's role in 2021. I mean, there's a lot of other partners I'm sure you could have gone with out there. Google Shuts Down Trash-Sorting Robot Division. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. At Pilot Flying J, Shameek Konar has 24 colleagues including James Haslam (Chairman Emeritus), Jimmy Haslam (Chairman of the Board) Industry Colleagues. 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. Consumers see it every time they fill up their car and purchase groceries. 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. Konar joined Pilot in 2017 to grow its energy business. 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. The lithium-ion battery manufacturing facility will add capacity to the EV battery supply chain. Our readers have come to expect excellence from our products, and they can count on us to maintain a commitment to producing rigorous and innovative information products in whatever forms the future of publishing may bring. Konar has more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. And what are you seeing in terms of customer flows? We have full confidence that Shameek will continue to grow the legacy of our familys business.. It's a step forward in an effort to satisfy a vast demand for lithium for electric vehicle batteries. 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. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. 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. Edited at Harvard University's Kennedy School of Government, The Review has published some of the most important articles in empirical economics. Not only would prices go up for DEF, which is now the highest it's ever been at nearly $4 per gallon. BRIAN CHEUNG: Shameek, why EVgo? Much of Konar's testimony, and questions from the panel, centered on the availability of diesel exhaust fluid, or DEF. The National Read Across America Day takes place every year on March 2, Geisels birthday. Berkshire Hathaway owns a large stake in the company and is expected to increase its ownership to 80% by 2023. Right? If you are stuck for 40 minutes in some place and it does not have a lot of amenities, it will be challenging.. 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 is Former Chief Invsmt Ofcr/Global Head:Business Dev at Castleton Commodities Merchant TD LP. In 2021 and beyond, the Haslam family will continue to be involved. "When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. AKIKO FUJITA: Shameek, let's talk about the bulk of your current business. Number 8860726. 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. Pilot supplies more than 11 billion gallons of. Pilot has a compelling growth strategy in place and a bright future ahead. , spent much of his journalism career covering agriculture in California and the western United States. Copyright 2023. Piloting planes has never been an easy job, and leading a company has not been either. CEO Jimmy Haslam will transition to the fuel company's chairman of the board role beginning Jan. 1. The rest of Pilots leadership team will remain in place. The companies will expand to over 500 industrial automation and system integration professionals. 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. Subscribe to receive the latest information. 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BRIAN CHEUNG: Shameek, it's Brian Cheung here. Pilot Testifies on Behalf of NATSO for House Committee Hearing on Business Solutions to Climate Change. The Company markets a broad range of physical commodities including natural gas, natural gas liquids, refined products, crude oil, fuel oil, freight, petrochemicals, electric power, coal, metals and financial instruments related to commodities. Pilot Company is currently ranked No. 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. Parent has helped the company achieve significant growth through the development of successful systems and processes, as well as building an outstanding leadership team. Since that date, Pilot Company has had productive . Shameek's personal network of family, friends, associates & neighbors include Gary Mercer, Mark Worscheh, Edward Bracewell, Hannah Worscheh and Elaine Bracewell. More and more companies are moving to a four-day workweek. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. So for example, EVgo's got a great lab, where they test out a number of different chargers, and try to improve the product. Musks TeslaMaster Plan Lacks Drive. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. 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. That urea-based liquid is required in all diesel engines manufactured after 2010. CEO Jimmy Haslam named chairman; Chief Strategy Officer Shameek Konar named CEO. 2023 Industrial Media, LLC. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. BRIAN CHEUNG: Shameek Konar, CEO of the Pilot Company, thanks so much for stopping by this morning. Taking into account various assets, Shameek's net worth is greater than $499,999; and makes between $150 - 174,999 a year. The railroad company has asked that Pilot cut their rail shipments in half. 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.. 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. Corn, soybeans bounce back after Tuesdays severe slump, Calf prices strengthen, cattle herd shrinking. It allegedly presents an unacceptable cancer risk to the nearby community. All rights reserved. And as you know, range anxiety is probably one of the biggest challenges we have on EV adoption. About Castleton Commodities International LLCCCI is a global commodities merchant with an integrated set of operations consisting of physical and financial commodities trading and the ownership, operation, and development of commodities-related upstream and infrastructure assets. We anticipate this is not going to relax any time soon, because we do have a refining problem, globally, and we do not have enough product, and inventory levels have been very low after the COVID kind of reduction in supply, and the disruptions that have been caused by the Ukraine-Russia conflict. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. Shameek Konar Overview. And we are going to size the number of chargers we put in these locations based on demand. SHAMEEK KONAR: You know, we've been-- at Pilot, we have this incredible network, where we can actually help solve range anxiety. We need to keep that in mind. The privately held travel center giant announced Tuesday that Chief Strategy Officer Shameek Konar has been tapped to become the new CEO. It has been called Dr. Seuss Day because of this. Bill Haslam will serve on the board. 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. For additional photo and video assets, please visit this link. 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. Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. 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. 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 rest of Pilot's management team will stay in place. Joining us with more on the launch is Pilot's CEO, Shameek Konar. Shameek Konar has been working as a Chief Executive Officer at Pilot Flying J for 6 years. A prototype print can be complete with all the detailed specifications for the part yet fail to communicate a very critical piece of information. Konar asked the committee to consider the EV charging experience for customers as they transition to electric vehicles. So they're a forward-thinking company that is trying to solve this problem. Earlier in his career, he was a senior energy market consultant at Accenture, PA Consulting and Putnam, Hayes & Bartlett. Jul 22, 2020. Shameek Konar is about take an unprecedented step at Pilot Company as he assumes the role of CEO in January. A railway's request would cut tens of millions of truck miles just as driver shortages persist and truck availability is already tight. 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. Photoacoustic imaging equipment on wheels is helping to advance groundbreaking medical research. Shameek Konar will be the fourth CEO of Pilot Company, a company that operates 950 retail and fuel locations across North America, sources reported. 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. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. And you know, we finally got it done. In January, Parent will become a senior advisor to the CEO and the chairman, providing guidance on strategy and key priorities for the company. 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. Hes very smart, great work ethic, a very humble man, and I think understands people very well. AKIKO FUJITA: Yeah, Pilot's certainly a very familiar sight for those who are out on road trips. "Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. I'm curious how that has affected your business. If you dont innovate, you die, Konar told the newspaper. About 10 years ago biodiesel and biofuels were not [economically viable] and available in the market and our customers didnt want it, Konar said. Because there aren't enough EVs out in the market at this point in time. Konar further . During the pandemic, healthcare took a turn toward digital. 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. 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. We do not have any of the money secured at this point. Certainly a lot of excitement when that announcement first came down. 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. Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. Konar encouraged lawmakers to structure and implement policies that encourage utilities and fuel retailers to focus where each is most productive. 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. Representing NATSO was Pilot Company CEO Shameek Konar. 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