NATSO provides a breadth of information created to strengthen travel plazas ability to meet the needs of the travelling public in an age of disruption. As markets change, and as opportunities change, we have to change, right? 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. But a lot of what was expected coming from Build Back Better is no longer, at least right now. The aircraft are already here. 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. By providing your email, you agree to our. Pilot Companys energy division supplies fuel, DEF, bio and renewables and provides hauling and disposal services as the third largest tanker fleet in North America. And definitely, we're still way below 2019 levels, both at Pilots and across the country. In one-on-one interviews, Rubenstein will learn investing strategies and tactics from some of the world's top wealth creators. Check Background Get Contact Info This Is Me - Edit. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. The National Read Across America Day takes place every year on March 2, Geisels birthday. Shameek possesses, I think, everything we look for or anybody would look for in a leader, Jimmy Haslam said. He says the company has committed to building a plant in Monterrey. 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. He has a degree in Economics and Mathematics from St. Stephens College in India and a PhD in Economics and Finance from Vanderbilt University. 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. Why? 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.". I mean, there's a lot of other partners I'm sure you could have gone with out there. See Shameek Konar's compensation, career history, education, & memberships. The railroad company has asked that Pilot cut their rail shipments in half. "Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. Konar will take on additional responsibilities immediately, including the management of technology, HR, finance and legal. 10 on Forbes list of Americas Largest Private Companies. 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. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. Piloting planes has never been an easy job, and leading a company has not been either. UP trains deliver raw product to Pilot's 23 rail-served facilities, which it converts to a finished product before delivering by truck to retail locations. 10 on Forbes' list of largest private American companies. 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.. It's a step forward in an effort to satisfy a vast demand for lithium for electric vehicle batteries. It reportedly paid $2.76 billion for a 38.6% share of Pilot in 2017. Shameek Konar serves as Pilot Company's chief executive officer. 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. 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. 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. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. The transition of Konar to the role of CEO will continue over the next six months. And I ask, because obviously, there was some money set aside in the infrastructure bill. "Union Pacific's restrictions will prevent Pilot from keeping many markets adequately supplied with DEF, likely causing shortages that will sideline trucks and reduce trucking capacity.". 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. 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 . from 8 AM - 9 PM ET. Related by Industry: Convenience Stores & Gas Stations. 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. The switch is already happening and will continue for the . If you use a windshield cover, you can at least forget about scrapping the ice off your windshield to save some time and hassle. In January, Parent will become senior advisor to the CEO and the chairman, providing guidance on strategy and key priorities for the company. 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 receives about 45% of the raw materials used to make DEF by UP rail. What we've been seeing specifically in the last couple of months after the elevation in prices and the war is, an average gas customer is consuming or filling, basically, 6% to 7% fewer gallons than they were before. We have full confidence that Shameek will continue to grow the legacy of our familys business.. Edited at Harvard University's Kennedy School of Government, The Review has published some of the most important articles in empirical economics. 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. Results of a four-day workweek pilot reported a resounding success but the story isn't that participants enjoyed working shorter hours for the same amount of moneyit's more about what it might take to reach more people. Smith testified that increased capacity in our nations transportation system could reduce annual fuel use by 225 million gallons per year and reduce carbon emissions by 3 million tons per year. Shameek Konar Chief Executive Officer Shameek Konar serves as Pilot Company's chief executive officer. A 10% reduction in emissions of toxic chemicals results in a $34 million increase in market value. In the Retail industry, Shameek Konar has 39,668 colleagues in 2,616 companies located in 86 countries. Six of the companies are still active while the remaining two are now listed as inactive. 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. 2023 Forbes Media LLC. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. The privately held travel center giant announced Tuesday that Chief Strategy Officer Shameek Konar has been tapped to become the new CEO. 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. Konar has more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. And the answer would be no, absolutely not. Jimmy Haslam's tenure as CEO of the family operated Pilot Co. will come to an end with the arrival of 2021. Pilot has a compelling growth strategy in place and a bright future ahead. There's about-- there are four of them, which are kind of the larger ChargePoint providers. 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. For additional information about Pilot Company and its commitment to team members and giving back, visit www.pilotcompany.com. It has been called Dr. Seuss Day because of this. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. . This material may not be published, broadcast, rewritten, or redistributed. Everyday Robots took a fairly novel approach to building an army of cleaning robots. CEO Jimmy Haslam named chairman; Chief Strategy Officer Shameek Konar named CEO. 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. Pilot Company is currently ranked No. 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." 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. Of importance to NATSO members, lawmakers and witnesses discussed the role of the private sector in advancing electric vehicle charging in the marketplace and the need for public utilities to perform the necessary generation development and power grid restructuring work through its regulated monopoly. Why specifically that company? All newer diesel vehicles also must have this technology, including pickups and cars. 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 has tapped Chief Strategy Officer Shameek Konar, 50, to be Pilot's fourth CEO. KNOXVILLE, Tenn. (WATE) Someone not named Haslam will be the chief executive officer of the Pilot Company beginning in January. Google Shuts Down Trash-Sorting Robot Division. 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Avoid making these seven mistakes to craft a stronger, more resilient retail strategy for your product business. Konar further . The magnitude of these effects varies across industries, with larger losses accruing to the traditionally polluting industries. In January, Parent will become a senior advisor to the CEO and the chairman, providing guidance on strategy and key priorities for the company. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently. 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. Subscribe to receive the latest information. With the investment, more than 265 jobs will be retained across all three plants. Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. Moreover, Konar predicts that diesel prices, already above $6 per gallon is many places, would go even higher. Konar is currently Pilots chief strategy officer. 20,241 executive movements have been recorded in the last 12 months. 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. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. It brings a new kind of class of customer to our locations. SHAMEEK KONAR: You know, EVgo's got a great leadership team that has been focused on trying to innovate in the charging space. Shameek Konar offered this testimony to the Surface Transportation Board on April 27, 2022 - referring specifically to diesel exhaust fluid. We report on a study that relates the market value of firms in the S&P 500 to objective measures of their environmental performance. So for example, EVgo's got a great lab, where they test out a number of different chargers, and try to improve the product. 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. We talk to all of them in the space, as you can imagine, right? The rest of Pilots leadership team will remain in place. All rights reserved. Bill Haslam will serve on the board. 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. 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