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.". Your California Privacy Rights / Privacy Policy. We report on a study that relates the market value of firms in the S&P 500 to objective measures This documentary-style series follows investigative journalists as they uncover the truth. Shameek Konar,the CEO of Pilot Flying J truck stops and gas stations, explained during a hearing that on April 13, Pilot Flying J was informed by Union Pacific Railways (UP) that 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. Grant Bradley. 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. Chertoff works for Homeland Security while practicing law at Covington. Jimmy Haslam will continue to manage the real estate team. Tom Donilon's wife, Catherine Russell, is the . googletag.enableServices(); Parent will guide company strategy and priorities. WHO is a totally-owned subsidiary of the United Nations (UN). Brands like BunkerHill, Tartan Oil, Saratoga, Pro Petroleum, and Pilot Water Solutions fall under the PFJ Energy umbrella. We understand and appreciate that the current market conditions are imposing significant constraints on the railroads, and were committed to help ease this congestion. We have 28,000 people interacting with other people every day. The company will also keep an eye out for growth opportunities, including renewable diesel and electric-vehicle charging stations. Until the January transition, Parent will continue to oversee store operations and development. googletag.pubads().collapseEmptyDivs(); So they dont get arrested in the U.S. None live here. Operating the largest network of travel centers in the United States, Pilot Flying J wasfoundedby James A. Haslam II in 1958. In addition to Jimmy Haslam becoming board chairman, Jim Haslam will transition to chairman emeritus of the board, former Tennessee Gov. Please post your sources and commentsa tip from Jeffrey Prather. With a reputation for fixing elections all over the world. Konar joined Pilot in 2017 to grow its energy business. Pilot Flying J supplies roughly 30% of diesel exhaust fuel (DEF) in the country. CEO Jimmy Haslam will transition to the fuel company's chairman of the board role beginning Jan. 1. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. Bill Haslam. Store operations and development teams will continue to report to President Ken Parent, who will become senior adviser to the CEO and chairman in January. Shameek served in several senior roles at Constellation Energy, including senior vice president of corporate strategy and development. His leadership was instrumental in growing Pilot Company's energy business, innovating the platform and executing several acquisitions Retailers feel pressure to foster continuous innovation that helps keep pace with constantly evolving customer preferences. Host Seth Clevenger speaks with Mathieu Boivin of E-Smart and Jonathan Hubbard of SpeedGauge. In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. Shameek served in several senior roles at Constellation Energy, including senior vice president of corporate strategy and development. At the Apr. Overnight on Wall Street is daytime in Asia. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created, Konar said. "100 Million Animals Have Been Injected With mRNA Technology", Hardly Anyone Knows About it Dr. Bryan Ardis: Steve Quayle: Interview If the Days Not be Shortened, It's Done: Bakhmut is Encircled by Russian Troops. 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. View all posts by lance goodall, Your email address will not be published. Union Pacifics largest shareholders are Vanguard and BlackRock. Konar said he is focused on getting to know the team better and learning more about the retail side of Pilot's business. KNOXVILLE, Tennessee Knoxville-based Pilot Co. is transitioning to a new CEO, with plans for current leader Jimmy Haslam to become board chairman in January. Over the years, the company has expanded intoconvenience stores, small truck stops, then larger travel plazas and truck repair. Headquartered in Knoxville, Tennessee, Pilot Company is the 7th largest privately held company in the United States and employs 28,000 team members. Shameek Konar has been working as a Chief Executive Officer at Pilot Flying J for 6 years. It was paid $2.6 million to administer the Nov. 8th Election in Los Angeles County, California. }); googletag.cmd.push(function() { Maybe. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> A Pilot employee since 2017, Konar, 50, brings more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. 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 company's chief strategy officer, as CEO at . googletag.pubads().enableSingleRequest(); We pay attention.. He brings more than 20 years of experience in the energy and commodity market. Does it? Pilot Company announced a major leadership change Tuesday. Other family members will continue to be involved in the company. He also led expansion into natural gas and crude oil as managing director and global co-head of commodities and principal investments at Goldman Sachs. gptAdSlots.push(gptSlot); So, like Konnech, is LA sending its election data to China? . Jimmy Haslam described Konar as someone who is smart, humble, has a strong work ethic and understands both people and business. 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. announced a major leadership change Tuesday. Keeping them safe and our doors open is our primary objective as we go through this. He added: Im sure there will be numerous other situations where we have to adapt to what the market and world requires., Haslam said, All of us have come away with an even more profound appreciation for the jobs that our teams at Pilot in the truck stop, travel center business and the trucking industry in general, do, and will continue to do.. Find out the challenges and triumphs of leading an energy, data and hospitality-obsessed company that is striving to put the driver first. ST;\qn6kf:p6yUWx]u)5~-b'j5t dexLe~_L0{_DY: I*$CuaL$I(EGY;Ef0g.{@m{asBO J?2RWXb1%|, :>4Lw_GAH?Ia,?0_6tjRrcqU@g/? The servers have enough space to store all of Americas election data. googletag.pubads().collapseEmptyDivs(); Its all about teamwork.. Add to that Pilots logistics operations: It has one of the nations largest tanker fleets and delivers gasoline, diesel, ethanol, biodiesel, crude oil and water. An unidentified girl, President Obama, and George Clooney. Haslam will continue to oversee real estate. It took an act of Congress to do it. The Pandemic Treaty will morph 194 countries, including the U.S., into one government. She is the Associate Director of the Security & Exchange Commission (SEC). According to Konar, no other companies are being instructed by UP or any other railroad to reduce their shipments to the extent that UP demands Pilot Flying J. 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. A whistleblower told the LA DA that Konnech sends its data to China. ", Throughout the decades, Pilot has been committed to philanthropic giving within the East Tennessee community. The rest of Pilots management team will stay in place. googletag.cmd.push(function() { Shameek Konar Overview. "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. How can fleet managers harness technology to get a better handle on vehicle speed and improve their safety culture? "My role will be to help Shameek in any way possible during this transition," Jimmy Haslam said. They have been there since 1980. The way we talk about [the culture] here is be humble, hungry and accountable. As CEO, store operations and development will be added to Konars role in 2021, according to the Knoxville, Tenn.-based company. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry She will be joined on the board by Jimmys brother, former Tennessee Gov. Konar will take over management of Pilot's technology, human resources, finance and legal departments beginning now. It is in the fine print of the budget approved by Congress for military spending by the Pentagon and Homeland Security. Get unlimited digital access today for only $39 for a year. Want more news? 2023 Pilot Travel Centers LLC. Details are in this story: Shameek Konar has a Bachelor of Arts in Economics from St. Stephen's College, Delhi in 1990 and a Doctor of Phiosophy in Economics from Vanderbilt University in 1996. . <> 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 . Listen to today's daily briefing: Subscribe: Apple Podcasts | Spotify | Amazon Alexa | Google Assistant | More, 80 M Street SE, Suite 800, Washington, D.C., 20003, Jimmy Haslam (left) and Shameek Konar by Pilot Company, Congressional Transportation Republicans Welcome New FHWA Memo | Transport Topics, Perspective: Knowing Cargo Theft Risks | Transport Topics, ATAs Bob Costello Presents Mixed Picture on Economy | Transport Topics, Big G Express Acquires RTR Transportation | Transport Topics, Phillips Industries Announces Plans to Move Manufacturing to Mexico in 2023 | Transport Topics, 2023 Transport Topics | All Rights Reserved. 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. Pilot supplies more than 11 billion gallons of. Shameek met his wife while attending Vanderbilt, where she also was pursuing her Ph.D. Board ChairmanMartin J. Obermancommented on the impact of the significant cuts. "Pilot's had a long history of innovating as markets changed and looking for the opportunity. No other details are available. He has worked with FedEx, Reebok, Adidas, L.L. Speaking in: Tuesday January 17 Come January, he said the plan is to spend one day in the office and one day in the field each week. Today, there are 180,000 U.S. Marines in Europe under NATO command. var gptSlot = googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[728, 90], [468, 60], [300, 100], [320, 50]], 'div-gpt-ad-b1-i-fw-ad-1').defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads()); Isolation is no longer recommended for people who have tested negative for COVID-19, according to new guidelines issued by the World Health Organization (WHO) on Friday. Countries will adopt the treaty in May. "These are very big shoes to fill from Jimmy and the company's done an incredible job growing and building a great team," Konar said. Based in Houston for now, Konarand his wife are building a house in Knoxville and plan to move next summer. Always a strategic exercise, deciding where to open new locations has a renewed focus. Bloomberg Daybreak Asia. Since November, Pilot has been targeting small trucking fleets with its One9 fueling network, aligning with brands like Marathon Oils Speedway commercial fueling locations. WTT is ranked in Apple Podcasts top-20 Business News podcasts. Its scary, but essential. Govt. Here are five things to know about the announcement, Pilot's new CEO and what's next for the Knoxville-based company. Three years ago it hired Konar to launch PFJ Energy. The CEO of the nation's largest fuel retailer says 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 . Email Brenna McDermott atbrenna.mcdermott@knoxnews.comand follow her on Twitter @_BrennaMcD. One of the most publicized examples of this. googletag.cmd.push(function() { Konar is currently Pilot's chief strategy officer.. He has tapped Chief Strategy Officer Shameek Konar, 50, to be Pilot's fourth CEO. Visit Pilot Company According to Konar, no other companies are being instructed by UP or any other railroad to reduce their shipments to the extent that UP demands Pilot Flying J. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); Konar plans tolead with the same growth mindset that's long defined the company. Details were supposed to be released Thursday. The hearing will be held Thursday at 8:30 a.m. He has a degree in economics and mathematics from St. Stephens College in India and a Ph.D. in economics and finance from Vanderbilt University. Get started Florida, Marriages, 1970 - 1999. Shameek Konar married Victoria Christina Klein on month day 1996, at marriage place, Florida. He moved to the United States in 1991 to pursue his Ph.D. in economics and finance after receiving a scholarship from Vanderbilt University. So our facilities are still receiving the same number of cars. Click for more FreightWaves articles by Alan Adler. After that, Haslam said, he isnt sure. It is attached to the story. 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. window.googletag = window.googletag || {cmd: []}; % gptAdSlots.push(gptSlot); He'll also be overseeingstrategies around COVID-19, determining how to return the corporate team to the office safely. Chief Strategy Officer Shameek Konar will become the fourthCEO of Pilot,ranked No. They spent $125,000 to get them hacked. (Pilot Company), Haslam added, It is something we have been working on for about a year, and identified Shameek to be an outstanding prospect to be our CEO.. 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. Stephen's College in India. endobj The money starts following later this month. window.googletag = window.googletag || {cmd: []}; They have two sons, ages 14 and 18. He and his wife Dee then purchased the Cleveland Browns in 2012 for $1 billion. In exchange for a promotion at the SEC. A video from CBS Pittsburgh captured a railcar on fire from seized brakes a half hour before 50 train cars derailed. The rest of Pilot's leadership team will remain in place. 100 Million Animals Have Been Injected With mRNA Technology, Hardly Anyone Knows About it Dr. Bryan Ardis: Magnitude 5.6 quake hits Turkey in latest major aftershock. Headquartered in Knoxville, TN, the company accounts for nearly 20 percent of the nations over-the-road diesel supply and 30 percent of thediesel exhaust fluid(DEF) supply. Shameek Konar serves as Pilot Companys chief executive officer. endobj Shameek Konar, Pilot Corp: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Anna. He oversaw 19 acquisitions during his time running Pilot Energy. Shameek Konar serves as Pilot Companys chief executive officer. :(| Wd^*A#%:b`/9xoP@E\O]}}Z*($X2|xer.e:>0 1 c.f z&H_/B'lw~Yy6pPl3> Pilot supplies more than 11 billion gallons of fuel annually and operates 950 retail and fuel locations in North America. The company's "cycle of excellence," Konar said, is that putting team experience first and guest experience second leads to financial results, "which allows you to continue funding the team experience.". Concerned over the workforce shortage, on Apr. The source is the Superior Court of California, County of Los Angeles (LA). 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. Melissa Hodgman is Mrs. Peter Strzok. 10 on Forbes' list of largest private American companies. 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. Connect with your community and stay informed. googletag.pubads().enableSingleRequest(); Jimmy Haslam, in an interview with Knox News on Monday, said Pilot will remain "integrally involved" in the Knoxville and East Tennessee communities. The LA DA anticipates disclosing what is on the Konnech servers on Thursday. So why do tens of thousands of Elections Boards use Scytl software? Shameek Konar is currently Chief Executive Officer at Pilot Flying J - View - Pilot Flying J org chart. 4 0 obj Pilot CEO says EVgo charging network a 'solution to range anxiety' 83 July 22, 2022, 9:06 AM Pilot Company CEO Shameek Konar joins Yahoo Finance Live to discuss its plans to roll out an EV. He wrote that both Pilot Flying J and UP are elite owned and proposed that both companies are acting as a tag team, putting on a show to intentionally cause serious problems. Whitney Haslam Johnson will continue to serve as chief experience officer and a board member. Shameek Konar Shameek Konar. UP also recently reduced shipments of fertilizer to farmers. Shameek previously served as Pilot Companys chief strategy officer, leading the companys energy division, including business and asset development, supply, distribution and sales. }); Haslam said in the FreightWaves interview that he sees a saturation point for truck stops and travel plazas coming. googletag.enableServices(); stream Instead, Congress is paying China to have it. Jimmy Haslam is the owner of theCleveland Browns and part of the ownership group for the Columbus Crew, the MLS team. Shameek's personal network of family, friends, associates & neighbors include Gary Mercer, Mark Worscheh, Edward Bracewell, Hannah Worscheh and Elaine Bracewell. Pilot put the brakes on plans to return most employees to the officethis summer, Konar said, as cases around the countryhave increased. Five hot boxes or heat detectors installed every four miles on the track failed to work. The privately held travel center. window.googletag = window.googletag || {cmd: []}; googletag.enableServices(); "He's very smart, great work ethic, a very humble man, and I think understands people very well. It has definitely impacted us quite a bit, he said. 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. In the short-term, Konar will be building a strategy to work through "the current global environment for fuel and for demand for fuel and merchandise." ", It's the right time for a change, Haslam said. June 6, 2022 Uncover DC and Offgrid with Doug and Stacey Shameek Konar, the CEO of Pilot Flying J truck stops and gas stations, explained during a hearing that on April 13, Pilot Flying J was informed by Union Pacific Railways (UP) that the company was "required to reduce shipments by 26 percent." Transport Topics introduces its newest digital interview series, Newsmakers, aimed at helping leaders in trucking and freight transportation navigate turbulent times. The Haslams are selling 41% of the recently renamed company to Berkshire Hathaway Inc. in 2023. x\s6(X4|dhx%@J& He oversaw mergers, acquisitions and operations of physical assets across the firms commodities merchant platform globally. His statement was made in a press release issued today by NATO. Gov. Baxter, meanwhile, noted his company's "remarkably similar" priorities. For Paragon, Scytl, and Konnech in Barcelona, Spain, it is Luis Nabergoi. Konar and his family are building a new home in Knoxville and will move here from Houston next summer. The House Transportation and Infrastructure Committee on March 17 held a four-hour hearing on business solutions to climate change. Starting now, Konar willtake on management of Pilot's technology, human resources, finance and legal departments. Yet, he will not be charged. Where are they going? Instead of calling their policies mandates, WHO calls them recommendations or guidelines.. 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. It has more than 680 restaurants, 74,000 truck parking spaces and 35 Truck Care service centers. Pilot Flying J is part of the Convenience Stores, Gas Stations & Liquor Stores industry, and located in Tennessee, United States. 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. Stephen's College in India. The federal government paid for it. Executives from major U.S. railroads also attended the hearing. Jimmy Haslam's tenure as CEO of the family operated Pilot Co. will come to an end with the arrival of 2021. <> Hear a snippet, above, and get the full program by going to RoadSigns.TTNews.com. 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.. Email business reporter Brenna McDermott atbrenna.mcdermott@knoxnews.comand follow her on Twitter @_BrennaMcD. We stay close to the [alternative] technology, and we are always learning and looking for opportunities to invest. Sale ends 7/23. He enjoys playing golf and tennis,bicycling and reading. Konar and his family are building a new home in Knoxville and will move . googletag.defineSlot('/21776187881/fw-responsive-main_content-slot3', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767553440-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); A Stock Traders Guide to Chinas National Peoples Congress, The Retirement Fund Rule on ESG That Trump Blocked and Biden Wants to Save, Mexico Central Bank Cuts GDP Forecasts With Key Rate at Record 11%, Feds Bostic Urges 5% to 5.25% Rates Into 2024 to Curb Inflation, Mexico Could Consider Slowing Pace of Rate Hikes, Banxico Deputy Mejia Says, NFL Loses Bid to Arbitrate Ex-Miami Coachs Race-Bias Claims, EU Seeks to Salvage Combustion-Engine Ban After Germany Balks, Salesforce Jumps After Upbeat Outlook Eases Investor Fears, Consumer Lender Zip Abolishes Global Plans After 95% Share Drop, Self-Driving Firm iMotion Weighs $300 Million Hong Kong IPO, Sources Say, Michael Froman Named New Council on Foreign Relations President, Chicago Police Chief Resigns After Lightfoot Loses Reelection, Burry Sees 'Terrible Consequences' From Student Loan Forgiveness, Two Office Landlords Defaulting May Be Just the Beginning, Murdochs Fawning Letter to FIFA Chief Disclosed in World Cup Bribery Case, This Starbucks VP Turned Caribbean Rum Distiller Is the Anti-Captain Morgan. Those could include technological advancements, he noted, such as autonomous trucks and electric- and hydrogen-powered vehicles. Konar said he is focused on getting to know the team better and learning the retail and food side of the business. [Stay on top of transportation news: Get TTNews in your inbox.]. googletag.pubads().enableSingleRequest(); Alan Adler is an award-winning journalist who worked for The Associated Press and the Detroit Free Press. We have an amazing network, Konar said. Pilot is ranked No. 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. Do Not Sell or Share My Personal Information. Track your investments 24 hours a day, around the clock from around the world. window.googletag = window.googletag || {cmd: []}; Servers send, store, and receive data through the internet. We have full confidence that Shameek will continue to grow the legacy of our familys business.. Headquartered in Knoxville, Tennessee, Pilot Company is the 7th largest privately held company in the United States and employs 28,000 team members. 1 0 obj Konar also pointed to the changes that the COVID-19 pandemic is having on businesses. "As markets change, and as opportunities change, we have to change, right? Konar joined Pilot in 2017 to launch PFJ Energy. Live market coverage co-anchored from Hong Kong and New York. According to Major Mathieu Amirault, U.S. Marine Corps. Oversaw 19 acquisitions during his time running Pilot Energy Clevenger speaks with Mathieu Boivin of and... Tenn.-Based company Nov. 8th election in Los Angeles ( LA ) ] here is be humble, has degree! So, like Konnech, is the Superior Court of California, County of Angeles... Get TTNews in your inbox. ] UP also recently reduced shipments fertilizer! 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Plan to move next summer your sources and commentsa tip from Jeffrey Prather - 1999 in 1991 to his!, Adidas, L.L Pilot put the brakes on plans to return most employees to [!