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So for example, EVgo's got a great lab, where they test out a number of different chargers, and try to improve the product. Pilot has a compelling growth strategy in place and a bright future ahead. Konar is currently Pilots chief strategy officer. 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Konar will take on additional responsibilities immediately, including the management of technology, HR, finance and legal. We report on a study that relates the market value of firms in the S&P 500 to objective measures Konar has more than 20 years of experience in the energy and commodity market focusing on acquiring, integrating and optimizing assets, according to a news release. Shameek Konar has been working as a Chief Executive Officer at Pilot Flying J for 6 years. Shameek Konar Chief Executive Officer Shameek Konar serves as Pilot Company's chief executive officer. Tesla Wants $330M in Additional Nevada Tax Breaks. Shameek Konar serves as Pilot Company's chief executive officer. 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, president. Previous studies that attempt to relate environmental to financial performance have often led to conflicting results due to small samples and subjective environmental performance criteria. Konar also urged the committee to improve policies that incentivize liquid renewable fuels such as biodiesel, renewable diesel and ethanol. 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. Why do you want to take on these costs? 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. For additional photo and video assets, please visit this link. Cision Distribution 888-776-0942 The companies were formed over a twenty year period with the most recent being incorporated one year ago in May of 2021. 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. We have seen gas demand definitely retreat from 2021 levels. Musks TeslaMaster Plan Lacks Drive. 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. Nation's largest fuel retailer announces new . Konar has more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. 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. 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. About 10 years ago biodiesel and biofuels were not [economically viable] and available in the market and our customers didnt want it, Konar said. What Could Elon Musk Possibly Be Thinking? 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. When buying cowboy boots, there are a few aspects to consider, such as how far up they go on your legs and their design. It will only help the adoption of EVs. All rights reserved. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. Headquartered in Knoxville, Tennessee, Pilot Company is the 10th largest privately held company in the United States and employs 28,000 team members. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. GM Making Some Performance-Related Job Cuts. Everyday Robots took a fairly novel approach to building an army of cleaning robots. In one-on-one interviews, Rubenstein will learn investing strategies and tactics from some of the world's top wealth creators. The railroad company has asked that Pilot cut their rail shipments in half. 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. 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. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. 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.". 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. In your announcement, you mentioned government grants, incentives, included in the cost, the overall cost. Shameek Konar has been associated with eight companies, according to public records. All Rights Reserved. Su was central to negotiations between labor and freight rail companies late last year. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. 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 . And we are going to size the number of chargers we put in these locations based on demand. Hes very smart, great work ethic, a very humble man, and I think understands people very well. The switch is already happening and will continue for the . Consumers see it every time they fill up their car and purchase groceries. So if I take an example, some of the big highways across the country-- so if you look at I-10, which goes all the way from LA to Jacksonville across the country, over 2,500 miles, if you look at Pilots-- we've got a Pilot, on average, every 50 miles from la, to Jacksonville. We are super excited about this. Because there will be much more demand in the LA market than there will be in Texas. We have full confidence that Shameek will continue to grow the legacy of our familys business.. Registered in England and Wales. Pilot Company, headquartered in Knoxville, is ranked No. The Netherlands plans to launch a pilot program to experiment with the legal sale of cannabis by the end of this year. Shameek Konar offered this testimony to the Surface Transportation Board on April 27, 2022 - referring specifically to diesel exhaust fluid. Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. But we are going to size it based on demand, and as EV adoption kind of increases, we fully anticipate putting in incremental chargers in these locations. 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. 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. The railroad company has asked that Pilot cut their rail shipments in half. He did not push for an increase in truck weight limits. 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. Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. 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%. More and more companies are moving to a four-day workweek. 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. I mean, how much does that cost a company to do that, right? 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. We have spoken to both the DOT and the White House, and we are working with the various states to put in grant applications. Chief Strategy Officer Shameek Konar will become the fourth CEO of Pilot, ranked No. Headquartered in Knoxville, Tennessee, Pilot Company is the 7 th largest privately held company in the United States and employs 28,000 team members. How much of that's actually been secured already? Visit Pilot Company Listen to more FreightWaves Podcasts Subscribe on Apple Podcasts Pilots had a long history of innovating as markets changed and looking for the opportunity.. And what are you seeing in terms of customer flows? For additional information about Pilot Company and its commitment to team members and giving back, visitwww.pilotcompany.com. Parent has helped the company achieve significant growth through the development of successful systems and processes, as well as building an outstanding leadership team. And you'll have food. The fluid reduces nitrous oxide emissions in diesel vehicles. It's good to talk to you today. Konar is currently Pilot's chief strategy officer. 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. For all alerts and more info please Shameek Konar is Former Chief Invsmt Ofcr/Global Head:Business Dev at Castleton Commodities Merchant TD LP. The House Transportation and Infrastructure Committee on March 17 held a four-hour hearing on business solutions to climate change. We report on a study that relates the market value of firms in the S&P 500 to objective measures of their environmental performance. Both Haslams will remain active in the company and on the board. James (Jim) Haslam, who started the company in 1968 as single gas station, will remain involved in the company as well as chairman emeritus. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. 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. The Press's enthusiasm for innovation is reflected in our continuing exploration of this frontier. 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. 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. And as you know, range anxiety is probably one of the biggest challenges we have on EV adoption. But at this point, we have not secured government funding. Pilot CEO Jimmy Haslam told the newspaper that it's the right time for a change as both he and President Ken Parent, who will switch to an advisor role, are in their 60s and have a lot of miles on us. Haslam and his wife, Dee Haslam, own the NFL's Cleveland Browns. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. Certainly a lot of excitement when that announcement first came down. "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. So we don't necessarily have, here's the dollar amount, our goal is to put it in 500 sites, our goal is to have 2,000 stalls. With that move, current CEO Jimmy Haslam, son of founder James (Jim) Haslam, will become chairman of the board. In 2021 and beyond, the Haslam family will continue to be involved. 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. Jimmy Haslam's father, Pilot founder Jim Haslam, will move from chairman to chairman emeritus. If you dont innovate, you die, Konar told the newspaper. /PRNewswire/ -- Castleton Commodities International LLC ("CCI" or the "Company") today announced the hiring of Shameek Konar as Chief Investment Officer and. 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. 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. It has been called Dr. Seuss Day because of this. EVgo, the fast-charging network company operating and installing these stalls saw its shares jump over 15% on the announcement, though shares have pared some of those gains. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently. The transition of Konar to the role of CEO will take place over the next six months. 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. The Review of Economics and Statistics And the answer would be no, absolutely not. 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. 2001 The MIT Press Konar, 50, has been at Pilot since 2017 and said he plans to continue with a growth mindset. Find out the challenges and triumphs of leading an energy, data and hospitality-obsessed company that is striving to put the driver first. He has tapped Chief Strategy Officer Shameek Konar, 50, to be Pilot's fourth CEO. This is a pretty big project here. Why? Rep. Grace Napolitano has previously introduced an amendment to infrastructure legislation that would allow electric vehicle charging stations at rest areas located on the Interstate right-of-way. Todd Fitchette, associate editor with Western Farm Press, spent much of his journalism career covering agriculture in California and the western United States. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. 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. 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. We have full confidence that Shameek will continue to grow the legacy of our familys business.. BRIAN CHEUNG: Shameek, why EVgo? Lawmakers hope to overcome partisan divisions and address a "generational challenge" to America's national security. All this while wages remain largely stagnant, which in economic terms means that consumers experience regular pay cuts as their buying power falls considerably. So they're a forward-thinking company that is trying to solve this problem. A 10% reduction in emissions of toxic chemicals results in a $34 million increase in market value. 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. BRIAN CHEUNG: Shameek, it's Brian Cheung here. Our readers have come to expect excellence from our products, and they can count on us to maintain a commitment to producing rigorous and innovative information products in whatever forms the future of publishing may bring. SHAMEEK KONAR: No, that's a great question. For additional photo and video assets, please visit this link. 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. Fitchette is US Army veteran and a graduate of California State University, Chico. From time to time, The Review also publishes collections of papers or symposia devoted to a single topic of methodological or empirical interest. Representing NATSO was Pilot Company CEO Shameek Konar. 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. 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. The National Read Across America Day takes place every year on March 2, Geisels birthday. And then, what do you hope to gain out of it, in terms of things that could boost your bottom line? Jimmy Haslams daughter, Whitney Haslam Johnson, will continue to be chief experience officer and a member of the board, and former Tennessee Gov. He has a degree in Economics and Mathematics from St. Stephens College in India and a PhD in Economics and Finance from Vanderbilt University. With that move . Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. 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. 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? 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. And definitely, we're still way below 2019 levels, both at Pilots and across the country. Much of Konar's testimony, and questions from the panel, centered on the availability of diesel exhaust fluid, or DEF. About Pilot Company Subscribe to updates and stay connected on the latest news from NATSO. Konar asked the committee to consider the EV charging experience for customers as they transition to electric vehicles. 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. Besides, GM also has another partnership with EVgo, where EVgo and GM work together, so there is familiarity with EVgo. 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. Now, the question really becomes, do we treat a Pilot in the middle of Texas the same as a Pilot in the LA market? NATSO and a broad coalition of off-highway businesses including hotels, restaurants, convenience stores, blind merchants and fuel retailers along with government organizations opposed that Amendment. But we would require, or we would benefit from government funding, because like I said, the economics will be difficult in the beginning. 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. 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. Girl Scouts of the Southern Appalachians Reach for the Peaks hiking fundraiser returns, Moxley Carmichael promotes Maria McHale to director of client services, Covenant Health, Encompass Health host grand opening celebrations for two inpatient rehabilitation hospitals in Knoxville. 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. Such as biodiesel, renewable diesel and ethanol a $ 34 million increase truck... From chairman to chairman emeritus Pilots and Across the country legal sale of cannabis by end! Subscribe to updates and stay connected on the latest news from NATSO March 17 held a hearing. Have not secured government funding s fourth CEO of Pilot, ranked No continue for the the. 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