Related by Industry: Convenience Stores & Gas Stations. Because there will be much more demand in the LA market than there will be in Texas. 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. 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. And then, what do you hope to gain out of it, in terms of things that could boost your bottom line? Moxley Carmichael. Pilot has a compelling growth strategy in place and a bright future ahead. The Netherlands plans to launch a pilot program to experiment with the legal sale of cannabis by the end of this year. Fitchette is US Army veteran and a graduate of California State University, Chico. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. Shameek Konar is about take an unprecedented step at Pilot Company as he assumes the role of CEO in January. Shameek Konar, Pilot Corp: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Anna. Farm Progress is part of the Informa Markets Division of Informa PLC. I mean, this is not your-- this is not you putting 10 or 15 charging stalls. With that move . Private companies dont always get the attention they deserve compared to their public peers, but this year was different. 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. You stop to fill gas. Shameek Konar will be the fourth CEO of Pilot Company, a company that operates 950 retail and fuel locations across North America, sources reported. Shameek Konar Chief Executive Officer Shameek Konar serves as Pilot Company's chief executive officer. 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. KNOXVILLE, Tenn. (WATE) Someone not named Haslam will be the chief executive officer of the Pilot Company beginning in January. "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. 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. 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. 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 companys chief strategy officer, as CEO at that time. But over time, we fully feel like this will be a great new set of customers who are going to come to our locations. What Could Elon Musk Possibly Be Thinking? So for example, EVgo's got a great lab, where they test out a number of different chargers, and try to improve the product. He has a degree in Economics and Mathematics from St. Stephens College in India and a PhD in Economics and Finance from Vanderbilt University. During his tenure at Goldman, Mr. Konar was part of a team that led the expansion of the firm's physical commodity platform into physical natural gas and crude oil, and was responsible for managing the firm's investments in coal mining in Australia and Colombia, and its power and biofuels investments in North America. Musks TeslaMaster Plan Lacks Drive. I mean, there's a lot of other partners I'm sure you could have gone with out there. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. , spent much of his journalism career covering agriculture in California and the western United States. It brings a new kind of class of customer to our locations. Why do you want to take on these costs? Earlier in his career, he was a senior energy market consultant at Accenture, PA Consulting and Putnam, Hayes & Bartlett. FedEx CEO Fred Smith, meanwhile, touted longer truck trailers as a climate strategy. Talk to me about how this partnership came about. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. Informa Markets, a trading division of Informa PLC. 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 said the same approach will work with respect to EV charging infrastructure. Trucks fill up at a truck stop in Northern California. Responding to a question from Rep. Bost (R-Ill.) as to how the private sector can help make EVs economically viable, Konar encouraged lawmakers to create a strong incentive for fuel retailers to invest in the infrastructure necessary to bring electric vehicle charging to market, similar to the Renewable Fuel Standard and the biodiesel tax credit. And we are going to size the number of chargers we put in these locations based on demand. When typing in this field, a list of search results will appear and be automatically updated as you type. Piloting planes has never been an easy job, and leading a company has not been either. Konar is currently Pilots chief strategy officer. If you use a windshield cover, you can at least forget about scrapping the ice off your windshield to save some time and hassle. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. Jimmy Haslams daughter, Whitney Haslam Johnson, will continue to be chief experience officer and a member of the board, and former Tennessee Gov. If you would like to receive a digest of blog post and articles directly in your inbox, please provide your name, email and the frequency of the updates you want to receive the email digest. He did not push for an increase in truck weight limits. AKIKO FUJITA: Yeah, Pilot's certainly a very familiar sight for those who are out on road trips. Subscribe to updates and stay connected on the latest news from NATSO. 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 announced that CEO Jimmy Haslam will be succeeded in the role by current Chief Strategy Officer Shameek Konar on Jan. 1, 2021, at which point Haslam will become chairman of the board . That . 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. In 2021 and beyond, the Haslam family will continue to be involved. Pilot Company is currently ranked No. The model wont work for every business and may only be viable for companies able to adapt to a new way of working. (Podcast), Former Chief Invsmt Ofcr/Global Head:Business Dev, Castleton Commodities Merchant TD LP. During the pandemic, healthcare took a turn toward digital. 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. Konar, 50, has been at Pilot since 2017 and said he plans to continue with a growth mindset. The companies were formed over a twenty year period with the most recent being incorporated one year ago in May of 2021. 445 S. Gay Street, Suite 305Knoxville, Tennessee 37902P: 865-544-0088 | F: 865-544-1865. If you dont innovate, you die, Konar told the newspaper. Jimmy Haslam's tenure as CEO of the family operated Pilot Co. will come to an end with the arrival of 2021. The Four-Day Workweek Pilot Worked. He also led Mercuria's acquisition of the J.P. Morgan physical commodities platform last year. 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. 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. 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. For additional information about Pilot Company and its commitment to team members and giving back, visit www.pilotcompany.com. 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. Shameek Konar will be the fourth CEO of Pilot Company. Find out the challenges and triumphs of leading an energy, data and hospitality-obsessed company that is striving to put the driver first. For additional photo and video assets, please visit this link. Konar says a big rig will take on about seven gallons of DEF at every diesel fill-up. But our transaction is not contingent on government funding. 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. Meanwhile, the number of U.S. oil refineries has fallen from 301 in 1982, to 124 in 2021 and more are being shuttered as we speak. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. Copyright 2023. Shameek Konar Overview. The rest of Pilots management team will stay in place. The railroad company has asked that Pilot cut their rail shipments in half. The company is moving closer to closing the factory. 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. The transition of Konar to the role of CEO will continue over the next six months. And the FAA is playing it cool. I imagine a lot of EV drivers might want to stop by your locations. 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. AKIKO FUJITA: Well, General Motors and Pilot Company are partnering to make your EV commute smoother with the addition of roughly 2,000 charging stalls at Pilot travel centers across the US. Konar also urged the committee to improve policies that incentivize liquid renewable fuels such as biodiesel, renewable diesel and ethanol. Bill Haslam and Whitney Haslam Johnson. This is a pretty big project here. By providing your email, you agree to our. 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. Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. The company supplies more than 14 billion gallons of fuel per year and also provides DEF, bio and renewables to the market. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. "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.". And a Car. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry Shameek Konar has been associated with eight companies, according to public records. 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. from 8 AM - 9 PM ET. 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. Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. 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. Todays Wordle #621 Hint, Clues And Answer For Thursday, March 2nd, Delta Pilots Ratify Contract With Massive 34% Salary Hike, Why Overcoming The Cybersecurity Labor Shortage Matters To Company Success, The 7 Biggest Mistakes Growing Companies Make With Their Retail Strategy, Digital Healthcare Company Speeds Development And Delivery Of New Drugs, Klarna Is Not A Buy Now, Pay Later (BNPL) Company, Inside The Company That Uses Robots To Deal With Cat Poop, The Bot-Pocalypse Is Coming: How Companies Can Prepare, Three Leadership Lessons You Learn From Piloting Planes, 6 Ways To Maintain Healthy Company Culture, Netherlands To Kick Off Legal Cannabis Sale Pilot Program, No Pilot, No Problem? 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