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What Could Elon Musk Possibly Be Thinking? "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. 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 . "My role will be to help Shameek in any way possible during this transition," Jimmy Haslam said. Speaking in: Tuesday January 17 Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. The rest of Pilots management team will stay in place. We have an amazing network, Konar said. Copyright 2023, All Rights Reserved, FreightWaves, Inc, Loaded & Rolling (Enterprise Fleet News/Analysis), Pilot Flying J changes name to reflect totality of businesse. He enjoys playing golf and tennis,bicycling and reading. He said he would stay involved in the business as chairman of the business his father, James Haslam, founded with a single gasoline station he purchased for $6,000 in 1958. Shameek Konar is currently Chief Executive Officer at Pilot Flying J - View - Pilot Flying J org chart. Create your alert to follow the career of Shameek Konar. 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. googletag.cmd.push(function() { The privately held travel center. Shameek served in several senior roles at Constellation Energy, including senior vice president of corporate strategy and development. One of the most publicized examples of this. Your email address will not be published. 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()); 2023 Coercion Code - "Dark Times are upon us", UK Braces for Biggest Rail Strikes in Decades, Lithuania May Have Lit the Fuse on World War 3. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767737710-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); He is currently chief strategy officer. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. googletag.pubads().collapseEmptyDivs(); Spare change: Pilot Co. helps vets while easing coin shortage. Pilot will continue to grow,whether in its truck stop footprint, into adjacent markets like logistics or in new alternative fuels. In fact, Tom's wife, Cathy Russell is set up to replace Joe Biden later this month. googletag.defineSlot('/21776187881/FW_Super_Leaderboard', [[300, 50], [970, 90], [300, 100], [728, 90]], 'div-gpt-ad-1668097889433-0').defineSizeMapping(gptSizeMaps.banner2).addService(googletag.pubads()); Its all about teamwork.. 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. Pilot Flying J CEOShameek Konarspent his time during the extensive testimony revealing the unprecedented difficulties his company faces following unheard-of restrictions imposed by Union Pacific Railways. June 6, 2022Uncover DC and Offgrid with Doug and Stacey. WTT is ranked in Apple Podcasts top-20 Business News podcasts. After that, Haslam said, he isnt sure. Konar is currently Pilot's chief strategy officer.. Australia: Army Exercises and Training in Crowd Control!? Shameek Konar is Former Chief Invsmt Ofcr/Global Head:Business Dev at Castleton Commodities Merchant TD LP. googletag.pubads().enableSingleRequest(); 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/? Haslam noted that Konars responsibilities expanded at the beginning of this year when he took control of the companys fuel operations, in addition to running Pilot Energy. 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. Education. We understand and appreciate that the current market conditions are imposing significant constraints on the railroads, and were committed to help ease this congestion. Get started Florida, Marriages, 1970 - 1999. 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. Executives from major U.S. railroads also attended the hearing. Pilot Flying J is part of the Convenience Stores, Gas Stations & Liquor Stores industry, and located in Tennessee, United States. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry Visit Pilot Company The Pilot Flying J network includes 950 locations in 44 states and six Canadian provinces. Were looking at ports, areas where distribution centers are, Haslam said. 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.. Union Pacifics largest shareholders are Vanguard and BlackRock. The company will also keep an eye out for growth opportunities, including renewable diesel and electric-vehicle charging stations. ", Throughout the decades, Pilot has been committed to philanthropic giving within the East Tennessee community. "These (Fortune 500) companies generally come with a lot of bureaucracy, and I think Pilot's strength is the ability to make decisions quickly and be nimble and respond to the market," Konar said. Do Not Sell or Share My Personal Information. 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." What have they done or are about to do? CEO Jimmy Haslam announced Tuesday that he will transition tochairman of the board on Jan. 1. Jimmy Haslam's tenure as CEO of the family operated Pilot Co. will come to an end with the arrival of 2021. Please post your sources and commentsa tip from Jeffrey Prather. For now, diesel remains the industrys primary fuel, and has presented Pilot with opportunity for expansion, he said. For example, President Bill Clinton was in the middle of the $50 billion FTX ponzi scam. We're really excited. Founder Jim Haslam will transition from chairman tochairman emeritus and both he and Jimmy Haslam will remain active in the company and on the board. Founder Jim Haslam and Jimmy Haslam will still be present in the office and available to help Konar in any way he might need. 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. Not only as a country, but as the world, we are generally confused on how to deal with it, or contain this. In under a year he helped build FreightCasts, the worlds largest logistics and supply chain podcast network in media. Pilot is ranked No. Melissa Hodgman is Mrs. Peter Strzok. If you don't innovate, you die," Konar told Knox News in aninterview Monday. We pay attention.. Registration is free but advance signup is required. % Konar plans tolead with the same growth mindset that's long defined the company. Prior to joining Pilot Company, Shameek served as chief investment officer at Castleton Commodities International and Mercuria Energy Trading in Houston. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created, Konar said. Konar will bring a growth-minded approach to the role, in line with how the Haslams have run the business since the beginning. Instead, the LA DA decided to file new charges against Yu. Bill Haslam has rejoined the board, and Whitney Haslam Johnson remains a board member. It has definitely impacted us quite a bit, he said. 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. stream They have two sons, ages 14 and 18. To address the severe situation, the Surface Transportation Board (STB) held ahearingin late April, giving those affected the opportunity to speak. announced a major leadership change Tuesday. 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. . Bloomberg Daybreak Asia. Chief Strategy Officer Shameek Konar will become the fourthCEO of Pilot,ranked No. Instead, Konar said UPs numbers are based on a simplistic approach of looking at those shippers who have increased their numbers of shipments between January 2022 and March 2022. He said this does not consider the overall number of shipments received at Pilots facilities, which have remained static over this period. Noting the total number of cars has stayed the same, Konar stated: What has actually happened is Pilot has become a shipper for some cars that we were not shippers before. We know where they are. window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { Shameek Konar serves as Pilot Companys chief executive officer. In addition to Jimmy Haslam becoming board chairman, Jim Haslam will transition to chairman emeritus of the board, former Tennessee Gov. Chertoff works for Homeland Security while practicing law at Covington. 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. So they dont get arrested in the U.S. None live here. "He's very smart, great work ethic, a very humble man, and I think understands people very well. He brings more than 20 years of experience in the energy and commodity market. Five hot boxes or heat detectors installed every four miles on the track failed to work. Shameek previously served as Pilot Company's chief strategy officer, leading the company's energy division, including business and asset development, supply, distribution and sales. Konar said that the reductions will significantly impact the availability of fuel and fuel prices. Sign up today. endobj He oversaw mergers, acquisitions and operations of physical assets across the firms commodities merchant platform globally. How can fleet managers harness technology to get a better handle on vehicle speed and improve their safety culture? 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()); We stay close to the [alternative] technology, and we are always learning and looking for opportunities to invest. At the time, the Browns finished the 2011-2012 season ranking last in the AFC North with a dismal 5-11 record, then . }); Haslam said in the FreightWaves interview that he sees a saturation point for truck stops and travel plazas coming. Brands like BunkerHill, Tartan Oil, Saratoga, Pro Petroleum, and Pilot Water Solutions fall under the PFJ Energy umbrella. The purpose of a Pandemic Treaty is to form a one-world government ruled by an unelected dictator. ]`}e/^6/y~s/wZmY^nZe}v^:g 2.Xbd`N_s'_q(d %\p.2a7 `nx7DG @J_D2HR/L/7muv}2a Lk3cd@h,$P^d@4\tUMM69 B'4Mg$_Og7qL"3!M AsAd Shameek's personal network of family, friends, associates & neighbors include Gary Mercer, Mark Worscheh, Edward Bracewell, Hannah Worscheh and Elaine Bracewell. Congress has been paying the Wilson Center since 1968 to finalize the arrangements. For 21 years. Sale ends 7/23. 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. He also writes a newsletter of the same title with over 10k subscribers in the supply chain and trucking niche. The company supplies more than 14 billion gallons of fuel per year and has an industry-leading network of more than 800 fueling locations. He specializes in the acquisition, development and operations of energy assets. 2023 Pilot Travel Centers LLC. All rights reserved. Haslam said when the leadership change is made, his one and only objective will be, To help and support Shameek in any way possible., Haslam added in a release, 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. Shameek Konar, Pilot Corp: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Anna. 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. Smartmatics CEO admits its voting systems run on technology from Dominion. googletag.enableServices(); Special introductory offer for new subscribers only. gptAdSlots.push(gptSlot); LA paid Smartmatic $256,677,723 for an online voting system. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. The division supplies 900,000 barrels of fuel. Haslam Johnson will also continue as Pilot's Chief Experience Officer. According to Major Mathieu Amirault, U.S. Marine Corps. KNOXVILLE, Tenn. As Pilot Co. transitions toward Berkshire Hathaway assuming a controlling interest in the travel-center company in 2023, CEO Jimmy Haslam will become chairman on Jan. 1, 2021, and Shameek Konar, the company's chief strategy officer, will succeed Haslam as CEO at that time. Shameek met his wife while attending Vanderbilt, where she also was pursuing her Ph.D. Konar joined Pilot in 2017 to launch PFJ Energy. Officials continue lying about East Palestine Chemical Spill, Claiming No Risks to Health, The Hidden Cryptic Messages on the Cover of The Economist 2019, Inside Job: East Palestine Rolled Out Digital IDs, CDC Changed Toxicity Data Days Before Train Derailment, Russian Special Forces Troops Destroy Anunnaki Nest in Turkey. endobj View all posts by lance goodall, Your email address will not be published. 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. Shameek Konar Overview. Retailers feel pressure to foster continuous innovation that helps keep pace with constantly evolving customer preferences. He plans to continue that approach. Pilot Flying J supplies roughly 30% of diesel exhaust fuel (DEF) in the country. googletag.pubads().collapseEmptyDivs(); "Pilot's had a long history of innovating as markets changed and looking for the opportunity. 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. 26 & 27 hearing, Konar explained that on Apr. However, ten years worth of treaties has had the deal simmering. Konar will take over management of Pilot's technology, human resources, finance and legal departments beginning now. So why do tens of thousands of Elections Boards use Scytl software? Tom Donilon's wife, Catherine Russell, is the . I was a skill set in search of a culture, and I found it. They are helping to keep America moving. googletag.pubads().enableSingleRequest(); His father served in the military and his mother was a research chemist. At the Apr. 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. googletag.pubads().enableSingleRequest(); . It is attached to the story. Pilot supplies more than 11 billion gallons of fuel annually and operates 950 retail and fuel locations in North America. A whistleblower told the LA DA that Konnech sends its data to China. Email business reporter Brenna McDermott atbrenna.mcdermott@knoxnews.comand follow her on Twitter @_BrennaMcD. Transport Topics introduces its newest digital interview series, Newsmakers, aimed at helping leaders in trucking and freight transportation navigate turbulent times. Founded in 1958, Pilot Company has grown to become one of the leading suppliers of fuel and is the largest operator of travel centers in North America. Click for more FreightWaves articles by Alan Adler. The Haslams are selling 41% of the recently renamed company to Berkshire Hathaway Inc. in 2023. Unable to verify the photos source. 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.". This is the primary reason I ended up coming to Pilot, and I really, really enjoy being here, he said. 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()); googletag.cmd.push(function() { The company will open 20 new plazas this year and a similar number in 2021. Pilot Company announced a major leadership change Tuesday. The money starts following later this month. He and his wife Dee then purchased the Cleveland Browns in 2012 for $1 billion. This is so real that the CEO of Flying J, Shameek Konar, was summoned to a Surface Transportation Board hearing to give them all this info. Jimmy Haslam will continue to manage the real estate team. We report on a study that relates the market value of firms in the S&P 500 to objective measures <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> He oversaw 19 acquisitions during his time running Pilot Energy. The next evidence hearing in the Konnech CEO Eugene Wei Yu case is on Feb. 9th at 8:30 a.m. Konnech is an election system software company. That is our core business. They have two sons, ages 14 and 18. Bean, Hasbro, Louis Vuitton, and many more high level clients across the full spectrum of the supply chain. In addition, his firm represents Kolomoisky and Optima commercial real estate in other matters. All rights reserved. Is he still in China? 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While attending Vanderbilt, Konar worked odd jobs on campus, from cleaning bathrooms to tutoring athletes. The Pentagons budget is helping China pay for its military. Track your investments 24 hours a day, around the clock from around the world. Those could include technological advancements, he noted, such as autonomous trucks and electric- and hydrogen-powered vehicles. <> Check Background Get Contact Info This Is Me - Edit. Konar said he is focused on getting to know the team better and learning more about the retail side of Pilot's business. He moved to the United States in 1991 to pursue his Ph.D. in economics and finance after receiving a scholarship from Vanderbilt University. x\s6(X4|dhx%@J& 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. Other family members will continue to be involved in the company. Govt. Union Pacific Railway Company (UP), BNSF Railway Company (BNSF), CSX Transportation (CSX), and Norfolk Southern Company (NS) made clear that higher volumes and labor constraints presented obstacles to providing better rail service. Shameek Konar and Mark A. Cohen* Abstract-Previous studies that attempt to relate environmental to finan-cial performance have often led to conflicting results due to small samples and subjective environmental performance criteria. 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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.. Konar has worked in leadership roles atCastleton Commodities International, Mercuria Energy Trading and Goldman Sachs. "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. The job comes with a lot of responsibility.". googletag.pubads().collapseEmptyDivs(); Shameek Konar There is a growing trend in both the U.S. and abroad for firms to reduce emission levels beyond the legally required mandate. The multinational investment group will then have 80% control of the company following the purchase of 38.6% for $2.76 billion in 2017. window.googletag = window.googletag || {cmd: []}; Shameek Konar. Jimmy Haslam is the owner of theCleveland Browns and part of the ownership group for the Columbus Crew, the MLS team. Who are they? Bradleys sworn testimony is in this 13-page affidavit dated Dec. 22nd. Haslam, 66, told FreightWaves in an interview in February that he planned to step aside as CEO this summer, and that his successor would be an internal pick. The Pandemic Treaty will morph 194 countries, including the U.S., into one government. <> googletag.pubads().collapseEmptyDivs(); googletag.cmd.push(function() { Markets never sleep, and neither does Bloomberg. Scytl is an election software company. Shameek Konar has been associated with eight companies, according to public records. Audience members will gain access to the industry's leading expert in their particular field and the thoughtful moderation of a Transport Topics journalist. Baxter, meanwhile, noted his company's "remarkably similar" priorities. They have two sons, ages 14 and 18. Shameek Konar, CEO of Pilot Travel Centers, said railroad disruptions from labor shortages and other problems have led to Union Pacific Railroad ordering Pilot to reduce its diesel exhaust fluid deliveries, which he said Pilot cannot afford to do, or face a shipment embargo. Its systems tabulate 80% of the votes in the U.S. Scytl is based in Barcelona, Spain. Pilot put the brakes on plans to return most employees to the office, Your California Privacy Rights / Privacy Policy. CEO Jimmy Haslam will transition to the fuel company's chairman of the board role beginning Jan. 1. gptAdSlots.push(gptSlot); 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? 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.

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