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Pilot and Flying J supplies about 30% of the U.S. DEF supply and the diesel-powered trucks that run the highways need it, he said. GM Making Some Performance-Related Job Cuts. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Shameek Konar, Pilot Corp: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Anna. We report on a study that relates the market value of firms in the S&P 500 to objective measures of their environmental performance. Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. 445 S. Gay Street, Suite 305Knoxville, Tennessee 37902P: 865-544-0088 | F: 865-544-1865. Konar joined Pilot in 2017 to grow its energy business. With that move . The privately held travel center giant announced Tuesday that Chief Strategy Officer Shameek Konar has been tapped to become the new CEO. It's a step forward in an effort to satisfy a vast demand for lithium for electric vehicle batteries. For additional information about Pilot Company and its commitment to team members and giving back, visit www.pilotcompany.com. 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.". Shameek Konar serves as Pilot Company's chief executive officer. 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. 10 on Forbes list of Americas largest private companies. 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. CCI is headquartered in Stamford, Connecticut with offices in Calgary, Canada; Geneva, Switzerland; Houston, Texas; London, United Kingdom; Shanghai, China; Singapore; and Montevideo, Uruguay. Jul 22, 2020. Biden to Nominate Julie Su as Next U.S. Labor Secretary. With that move, current CEO Jimmy Haslam, son of founder James (Jim) Haslam, will become chairman of the board. See Shameek Konar's compensation, career history, education, & memberships. When typing in this field, a list of search results will appear and be automatically updated as you type. Six of the companies are still active while the remaining two are now listed as inactive. 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. Google Shuts Down Trash-Sorting Robot Division. When you go on a road trip or across the country, you don't change your behavior. 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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. During the pandemic, healthcare took a turn toward digital. All newer diesel vehicles also must have this technology, including pickups and cars. Panasonic Awards Turner-Yates Contract to Build EV Battery Plant. What Could Elon Musk Possibly Be Thinking? Both Haslams will remain active in the company and on the board. And I think it helps us with EV adoption going forward. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. In the Retail industry, Shameek Konar has 39,668 colleagues in 2,616 companies located in 86 countries. Pilot has a compelling growth strategy in place and a bright future ahead. Chatbots that arent tested and trained continuously are destined for failure, and customers will be the ones to suffer from chatbot incompetence. When buying cowboy boots, there are a few aspects to consider, such as how far up they go on your legs and their design. Besides, GM also has another partnership with EVgo, where EVgo and GM work together, so there is familiarity with EVgo. AKIKO FUJITA: Yeah, Pilot's certainly a very familiar sight for those who are out on road trips. 10 on Forbes' list of largest private American companies. But over time, we fully feel like this will be a great new set of customers who are going to come to our locations. Through our commitment to new productswhether digital journals or entirely new forms of communicationwe have continued to look for the most efficient and effective means to serve our readership. Shameek's personal network of family, friends, associates & neighbors include Gary Mercer, Mark Worscheh, Edward Bracewell, Hannah Worscheh and Elaine Bracewell. For additional information about Pilot Company and its commitment to team members and giving back, visitwww.pilotcompany.com. Informa Markets, a trading division of Informa PLC. He also led Mercuria's acquisition of the J.P. Morgan physical commodities platform last year. Moreover, Konar predicts that diesel prices, already above $6 per gallon is many places, would go even higher. Edited at Harvard University's Kennedy School of Government, The Review has published some of the most important articles in empirical economics. 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. The model wont work for every business and may only be viable for companies able to adapt to a new way of working. 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. Pilot Company keeps North Americas drivers moving as one of the leading suppliers of fuel and the largest operator of travel centers. 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." 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. Taking the steps to overcome the shortage of skilled cybersecurity personnel is critical for any organization operating in the technology environment. The railroad company has asked that Pilot cut their rail shipments in half. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. About 10 years ago biodiesel and biofuels were not [economically viable] and available in the market and our customers didnt want it, Konar 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. The transition of Konar to the role of CEO will take place over the next six months. 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. Pilot Company, headquartered in Knoxville, is ranked No. 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, chief strategy officer at Pilot. Parent has helped the company achieve significant growth through the development of successful systems and processes, as well as building an outstanding leadership team. 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. It brings a new kind of class of customer to our locations. About Pilot Company Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. 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. UPDATE 1-China's job market better than expected in Jan-Feb: minister, US approves selling Taiwan munitions worth $619 million, Japan's parliament to vote on BOJ nominees next week, Indonesia's stock market loses its sheen as China reopens, Asian Equities Swing Lower, Led by China Tech: Markets Wrap. The transition of Konar to the role of CEO will continue over the next six months. It also generated $1 billion in losses last year. This is untenable for trucking and the U.S. economy. 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. Ukrainian Pilots Could Toss Their New GPS-Guided Bombs 50 Miles Behind Russian Lines, Four-Day Workweeks May Be The Future For Startups, One Pilot Program Suggests, Americas Largest Private Companies 2022: Twitter And Continental Resources Join The Ranks, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Shameek possesses, I think, everything we look for or anybody would look for in a leader, Jimmy Haslam said. 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. The transition will take place over the rest of 2020, with leadership roles shifting on Jan. 1. 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 that time. The Four-Day Workweek Pilot Worked. The biggest impediment to the adoption of electric vehicles remains the lack of a nationwide network of fueling stations, Konar said. 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. 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. Konar is currently Pilot's chief strategy officer. As CEO, store operations and development will be added to Konars role in 2021. 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. For additional photo and video assets, please visit this link. Farm Progress Show annually hosts more than 600 exhibitors displaying new farm equipment, tractors, combines and farm implements; seed and crop protection products; and many additional farm supplies and services. Shameek Konar is Former Chief Invsmt Ofcr/Global Head:Business Dev at Castleton Commodities Merchant TD LP. Talk to me about how this partnership came about. This includes knowledge filled blog posts, articles and publications. 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. And a Car. 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. We have full confidence that Shameek will continue to grow the legacy of our family's business.". 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, company president. Konar is currently Pilots chief strategy officer. You stop to fill gas. The automaker is planning for $2 billion in cost savings over the next two years. 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. 10 on Forbes list of Americas Largest Private Companies. 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. It's good to talk to you today. 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. Everyday Robots took a fairly novel approach to building an army of cleaning robots. And the FAA is playing it cool. . Konar will ease into the new role over the next six months. The Press's enthusiasm for innovation is reflected in our continuing exploration of this frontier. Jimmy Haslams daughter, Whitney Haslam Johnson, will continue to be chief experience officer and a member of the board, and former Tennessee Gov. 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. 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, 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. Flying low and fast toward the front line, a Ukrainian jet lugging a load of JDAM-ERs would pitch up and toss the bombs like a softball pitcher underhanding strikes. 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. Shameek Konar has been associated with eight companies, according to public records. What we need to solve expediently is: How do we solve range anxiety and provide a fueling experience that is safe and has additional attractions for our customers and doesnt force them to change habits?, Konar said. 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. Registered in England and Wales. Copyright 2023. As markets change, and as opportunities change, we have to change, right? If you use a windshield cover, you can at least forget about scrapping the ice off your windshield to save some time and hassle. "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. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. It allegedly presents an unacceptable cancer risk to the nearby community. . A 10% reduction in emissions of toxic chemicals results in a $34 million increase in market value. We have full confidence that Shameek will continue to grow the legacy of our familys business.. That urea-based liquid is required in all diesel engines manufactured after 2010. Shameek Konar has been working as a Chief Executive Officer at Pilot Flying J for 6 years. The Haslams weren't charged with wrongdoing. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. And you'll have food. Request Permissions. 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. 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. We are super excited about this. And that is, of course, gas stations, we have seen gas prices come down, but we're still looking at very elevated levels across the country. Company beginning in 2021 for those shameek konar skin are out on road trips, a list Americas... 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