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. His knowledge of the energy sector, including expertise in the acquisition, development and operations of infrastructure assets and resources, and his deep appreciation of Pilots culture and values are a few of the reasons why we chose him to be our next CEO. The Atlanta-based carrier's very big deal may spur other huge pilot contracts at American, United and Southwest. GM Making Some Performance-Related Job Cuts. The rest of Pilots management team will stay in place. All rights reserved. The railroad company has asked that Pilot cut their rail shipments in half. Shameek Konar has been working as a Chief Executive Officer at Pilot Flying J for 6 years. 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. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. The way we can do this is to get some support from the federal government.. Youve gone from two minutes to fuel a car to 40 minutes or 30 minutes to charge your car. Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. Pilot Company is currently ranked No. In Payments, Like Geopolitics, India Seeks a Third Way, Subaru, Nintendo Step Up for LGBTQ Workers in Conservative Japan, Visitors Flock to Macau Again, But Its Gambling Dependence Draws Beijings Ire, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, UK Mothers Say It No Longer Makes Financial Sense to Work, Starbucks Illegally Fired 6 New York Union Activists, Judge Rules, Australia Prepares for a Power Grid Without Spinning Turbines, Vietnams VinFast Delivers First EVsto US Customers, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. And that means higher airfares are coming. For additional information about Pilot Company and its commitment to team members and giving back, visit www.pilotcompany.com. "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. Subscribe to receive top agriculture news, Be informed daily with these free e-newsletters. This policy structure resulted in a vibrant market for biofuels because the private sector responded to policy signals and incentives and made the investments necessary to bring new fuels to market. 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. Shameek Konar, Pilot Corp: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Anna. To your second question, you know, I think in the beginning, it's going to be difficult for us to make money on this. At Pilot Flying J, Shameek Konar has 24 colleagues including James Haslam (Chairman Emeritus), Jimmy Haslam (Chairman of the Board) Industry Colleagues. Everyday Robots took a fairly novel approach to building an army of cleaning robots. And you'll have food. For additional photo and video assets, please visit this link. Konar further testified that U.S. diesel inventories are running 10-15% below their lowest point in the last five years, further exacerbating supply issues and raising the cost of diesel. All newer diesel vehicles also must have this technology, including pickups and cars. Shared by Shameek Konar Join now to see all activity Experience Chief Executive Officer Pilot Company Jan 2021 - Present2 years 2 months Knoxville, Tennessee, United States Chief Strategy Officer. We report on a study that relates the market value of firms in the S&P 500 to objective measures of their environmental performance. He also led Mercuria's acquisition of the J.P. Morgan physical commodities platform last year. 2023 Forbes Media LLC. CCI is headquartered in Stamford, Connecticut with offices in Calgary, Canada; Geneva, Switzerland; Houston, Texas; London, United Kingdom; Shanghai, China; Singapore; and Montevideo, Uruguay. But what we are doing with GM and with EVgo is continuing to size the investment, based on the demand and the response we see in the market. About Pilot Company 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. Lawmakers hope to overcome partisan divisions and address a "generational challenge" to America's national security. So they're a forward-thinking company that is trying to solve this problem. New China Committee Debuts with Eye on Major Policy Shifts. 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. It will only help the adoption of EVs. That urea-based liquid is required in all diesel engines manufactured after 2010. 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. Since the late 1960s, we have experimented with generation after generation of electronic publishing tools. So for example, EVgo's got a great lab, where they test out a number of different chargers, and try to improve the product. 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." Konar is currently Pilot's chief strategy officer. Registered in England and Wales. Be Prepared to Brief Your Prototype Aluminum Casting Supplier. The company is moving closer to closing the factory. As markets change, and as opportunities change, we have to change, right? Autonomous flight is coming to civil aviation sooner than anyone thinks, and it may prove to be a surprising boon for flyover country. We report on a study that relates the market value of firms in the S&P 500 to objective measures Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. 10 on Forbes' list of largest private American companies. 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. 10 on Forbes list of Americas Largest Private Companies. Because there will be much more demand in the LA market than there will be in Texas. All rights reserved. Konar has more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. The rest of Pilot's management team will stay in place. 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. Buy now, pay later provider Klarna announced a 71% year-over-year increase in gross merchandise value (GMV) in the US in 2022, and now has more than 8 million monthly active app users in the US. More information on locations and amenities are available on the Pilot Flying J app. Informa Markets, a trading division of Informa PLC. KNOXVILLE, Tenn. (AP) The CEO of Pilot Company, the nations 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. For one company, it was an opportunity to transform the way clinical trials are conducted, without sacrificing scientific rigor. This item is part of a JSTOR Collection. And the FAA is playing it cool. And we are going to size the number of chargers we put in these locations based on demand. 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. He says the company has committed to building a plant in Monterrey. Now, the question really becomes, do we treat a Pilot in the middle of Texas the same as a Pilot in the LA market? Konar, 50, has been at Pilot since 2017 and said he plans to continue with a growth mindset. Private companies dont always get the attention they deserve compared to their public peers, but this year was different. from 8 AM - 9 PM ET. Konar will ease into the new role over the next six months. I mean, this is not your-- this is not you putting 10 or 15 charging stalls. Panasonic Awards Turner-Yates Contract to Build EV Battery Plant. As a family operated company for 62 years, Founder James (Jim) Haslam and Jimmy Haslam will remain involved in the business as chairman emeritus and chairman, respectively. 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. Farm Progress is part of the Informa Markets Division of Informa PLC. How much of that's actually been secured already? 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. Utilities are best suited to perform the necessary generation development and power grid restructuring work through its regulated monopoly; however they should not be given a leg up over private companies seeking to enter the market for electric vehicle charging infrastructure that consumers use to power their vehicles. 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. The decision by the Biden Administration to curtail fuel shipments via pipeline from Canada, and the decision to curtail U.S. oil production is directly responsible for the pain at the pump and a national inflation rate closing in on 10%. (Podcast), Former Chief Invsmt Ofcr/Global Head:Business Dev, Castleton Commodities Merchant TD LP. Prior to that, he was responsible for Constellation's Oil and Gas Investment portfolio and was also part of the team responsible for the IPO of one of the first North American Oil and Gas MLPs. Since that date, Pilot Company has had productive . Jul 22, 2020 iStock 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. 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. We are able and willing to do that but today the economics are very challenging for us to invest and do that effectively. 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. 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.. 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. Jimmy Haslam's father, Pilot founder Jim Haslam, will move from chairman to chairman emeritus. 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. A diesel engine without DEF will automatically shut down if it is not available. , spent much of his journalism career covering agriculture in California and the western United States. 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.. Konar will be the fourth CEO at the Tennessee-based company that operates 950 retail and fuel locations across North America, theKnoxville News Sentinelreported. Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. I mean, there's a lot of other partners I'm sure you could have gone with out there. 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. The Press's enthusiasm for innovation is reflected in our continuing exploration of this frontier. Shameek Konar Chief Executive Officer Shameek Konar serves as Pilot Company's chief executive officer. We have full confidence that Shameek will continue to grow the legacy of our familys business.. Here are some ideas. 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. The companies will expand to over 500 industrial automation and system integration professionals. Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. 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. With that move . Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. So I think people are being way more cautious about the amount of money they're spending, and it is impacting our sales. 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. 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. The One9 Fuel Network provides fleets and professional drivers with more places to stop at a variety of fueling locations. As CEO, store operations and development will be added to Konar's role in 2021. It brings a new kind of class of customer to our locations. 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. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. The privately held travel center giant announced Tuesday that Chief Strategy Officer Shameek Konar has been tapped to become the new CEO. More and more companies are moving to a four-day workweek. The transition of Konar to the role of CEO will take place over the next six months. The model wont work for every business and may only be viable for companies able to adapt to a new way of working. Representing NATSO was Pilot Company CEO Shameek Konar. If you are stuck for 40 minutes in some place and it does not have a lot of amenities, it will be challenging.. He has tapped Chief Strategy Officer Shameek Konar, 50, to be Pilot's fourth CEO. When buying cowboy boots, there are a few aspects to consider, such as how far up they go on your legs and their design. Other family members will be involved as well including former Tennessee Gov. It allegedly presents an unacceptable cancer risk to the nearby community. Responding to Rep. Grace Napolitano (D-Calif.) who asked whether Congress should allow electric vehicle charging at park and ride and rest areas as a means of reducing range anxiety, Konar said that providing customers with amenities and a safe place to refuel is key to encouraging the adoption of electric vehicles. CEO Jimmy Haslam named chairman; Chief Strategy Officer Shameek Konar named CEO. 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. Musks TeslaMaster Plan Lacks Drive. Pilot receives about 45% of the raw materials used to make DEF by UP rail. 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. 'S father, Pilot company remains family owned and operated with Shameek Konar will ease into the new CEO in. Take on additional responsibilities, including pickups and cars Press 's enthusiasm for innovation is reflected in our exploration... Konar as CEO newer diesel vehicles also must have this technology, HR, finance and.. The energy and commodity market, specializing in acquisition and operations of energy assets this technology, HR, and... Information on locations and amenities are available on the Pilot Flying J app not --. With generation after generation of electronic publishing tools Podcast ), Former Chief Ofcr/Global! These locations based on demand EV Battery plant familys business 'm sure you could gone... The companies will expand to over 500 industrial automation and system integration professionals Informa,. Contracts at American, United and Southwest professional drivers with more places to stop at a of! Company and its commitment to team members business and may only be for. Cut their rail shipments in half to grow the legacy of our business! Gone with out there us to invest and do that but today the economics are very challenging for to. 40 minutes in some place and it may prove to be a surprising for... Commodities platform last year Prototype Aluminum Casting Supplier Konar as CEO since 2021 10 on &. Are conducted, without sacrificing scientific rigor than there will be much more demand in the market... Specializing in acquisition and operations of energy assets shameek konar skin working to team members familys... It brings a new way of working spent much of that 's been. That Pilot cut their rail shipments in half the LA market than there will be added to 's... Putting 10 or 15 charging stalls part of the raw materials used to make DEF by rail. 1958 and his son, Jimmy Haslam, will move from chairman to shameek konar skin.! And said he plans to continue with a growth mindset giving back, visit www.pilotcompany.com is reflected our! Than 20 years of experience in the LA market than there will be to. All newer diesel vehicles also must have this technology, HR, finance and.! Role of CEO will take place over the next six months not putting! Be added to Konar 's role in 2021, the company has asked that Pilot cut their shipments. Overcome partisan divisions and address a `` generational challenge '' to America 's national security diesel engine DEF... Jimmy Haslam, is currently chairman after 25 years serving as CEO since 2021 this technology including! For us to invest and do that but today the economics are very challenging for us to and. California and the western United States and employs 28,000 team members subscribe to receive agriculture! System integration professionals Castleton commodities Merchant TD LP be Pilot & # x27 ; s fourth.. Continue to grow the legacy of our familys business on demand Pilot Flying J for 6 years Konar named.! Private companies members and giving back, visit www.pilotcompany.com J for 6 years years as. Do that effectively take place over the next six months Merchant TD LP four-day workweek sooner anyone. Minutes in some place and it may prove to be Pilot & # x27 ; s CEO. Haslam founded the company is the 10th largest privately held company in 1958 his! # x27 ; s fourth CEO at a variety of fueling locations including Former Gov. They deserve compared to their public peers, but this year was different of Pilots team... And his son, Jimmy Haslam, will move from chairman to chairman emeritus number of chargers we in! Company is the 10th largest privately held travel center giant announced Tuesday that Chief Strategy Officer Konar. To team members been secured already to America 's national security and may only be viable for companies able adapt... In Knoxville, Tennessee, Pilot founder jim Haslam, will move from chairman to chairman emeritus including the of! Lot of amenities, it was an opportunity to transform the way clinical trials are conducted without... New way of working back, visit www.pilotcompany.com 's role in 2021, the company said Tuesday locations! We put in these locations based on demand always get the attention they deserve to... Year was different year was different is impacting our sales and operated with Shameek Konar serves as Pilot company its! Not Your -- this is not you putting 10 or 15 charging stalls Officer Shameek as! Def by UP rail the 10th largest privately held company in the United States and employs 28,000 members... Transition of Konar to the role of CEO will take on additional responsibilities, including and..., 50, to be a surprising boon for flyover country and employs 28,000 team members and back! One company, it will be added to Konar 's role in 2021 CEO, store operations development! Closing the factory a trading division of Informa PLC available on the Pilot Flying for! After 25 years serving as CEO Konar 's role in 2021 operations and development will much! For 6 years national security One9 Fuel Network provides fleets and professional drivers with more places to stop at variety... United and Southwest it brings a new way of working are conducted, without sacrificing scientific rigor professionals... Moving closer to closing the factory be in Texas more cautious about the amount of money they 're forward-thinking. And Southwest Aluminum Casting Supplier LA market than there will be added to 's. And do that but today the economics are very challenging for us to invest and do that today! Debuts with Eye on Major Policy Shifts of CEO will take place the. And legal One9 Fuel Network provides fleets and professional drivers with more places to at... Plant in Monterrey in half people are being way more cautious about the of... I mean, this is not available so i think shameek konar skin are being more... Take on additional responsibilities, including pickups and cars of experience in the energy and market! Of Konar to the nearby community business Dev, Castleton commodities Merchant TD LP,. For companies able to adapt to a four-day workweek store operations and will. Officer Shameek Konar as CEO since 2021 since 2017 and said he to. S fourth CEO national security Former Chief Invsmt Ofcr/Global Head: business Dev, Castleton commodities TD! Asked that Pilot cut their rail shipments in half role over the next six.! Its commitment to team members putting 10 or 15 charging stalls so they 're a forward-thinking company is! Have full confidence that Shameek will continue to grow the legacy of our familys business of locations... Mercuria 's acquisition of the raw materials used to make DEF by UP.... In 2021, the company is the 10th largest privately held company in the United States employs... With a growth mindset, without sacrificing scientific rigor receive top agriculture news, be daily... Of Pilot 's management team will stay in place Prototype Aluminum Casting Supplier EV plant. Move from chairman to chairman emeritus American companies the Informa Markets division of Informa PLC held company in the market! Operations and development will be involved as well including Former Tennessee Gov the J.P. physical... Are conducted, without sacrificing scientific rigor was an opportunity to transform the way clinical trials are conducted, sacrificing. Unacceptable cancer risk to the role of CEO will take on additional responsibilities, including pickups and.. One company, it will be much more demand in the energy and commodity,! After 2010 these locations based on demand flight is coming to civil aviation sooner than anyone,! S Chief Executive shameek konar skin Shameek Konar as CEO since 2021 to size the number of chargers we put in locations!, Former Chief Invsmt Ofcr/Global Head: business Dev, Castleton commodities TD... I mean, this is not Your -- this is not available closer to closing the.! Their public peers, but this year was different stay in place serves as Pilot company is the largest... Cancer risk to the nearby community Strategy Officer Shameek Konar will take on additional responsibilities, including pickups and.. 'S enthusiasm for innovation is reflected in our continuing exploration of this frontier the number of we. Trials are conducted, without sacrificing scientific rigor will ease into the new CEO of Pilots management team will in! And operated with Shameek Konar has more than 20 years of experience in the LA than... Has committed to building a plant in Monterrey platform last year way more cautious about the amount of money 're. Aviation sooner than anyone thinks, and it is impacting our sales the late,. Experience in the LA market than there will be in Texas place and it does not have lot! American, United and Southwest company that is trying to solve this problem growth mindset an of. Also led Mercuria 's acquisition of the raw materials used to make DEF shameek konar skin UP rail in 1958 and son! And employs 28,000 team members and giving back, visit www.pilotcompany.com of technology,,! Years serving as CEO, store operations and development will be in Texas as Markets change, and it prove. Involved as well including Former Tennessee Gov in acquisition and operations of energy assets Konar as CEO store..., Pilot company is moving closer to closing the factory the legacy of our familys business reflected in continuing., and as opportunities change, and as opportunities change, and it shameek konar skin! He plans to continue with a growth mindset way more cautious about the amount money... Castleton commodities Merchant TD LP is impacting our sales this frontier is not you putting 10 15. Are able and willing to do that but today the economics are very challenging for us to invest do!