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. Parent has helped the company achieve significant growth through the development of successful systems and processes, as well as building an outstanding leadership team, the company said. 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. 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. (Podcast), Former Chief Invsmt Ofcr/Global Head:Business Dev, Castleton Commodities Merchant TD LP. Pilots had a long history of innovating as markets changed and looking for the opportunity.. More information on locations and amenities are available on the Pilot Flying J app. Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. Visit Pilot Company Listen to more FreightWaves Podcasts Subscribe on Apple Podcasts If you dont innovate, you die, Konar told the newspaper. 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. Whether encountering turbulent times or smooth sailing, leaders can look to a number of ways to keep a strong company culture. For additional photo and video assets, please visit this link. And you'll have food. The railroad company has asked that Pilot cut their rail shipments in half. Since that date, Pilot Company has had productive . Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. Avoid making these seven mistakes to craft a stronger, more resilient retail strategy for your product business. 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. 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. 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. 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. Representing NATSO was Pilot Company CEO Shameek Konar. Shameek possesses, I think, everything we look for or anybody would look for in a leader, Jimmy Haslam said. 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. Shameek Konar Chief Executive Officer Shameek Konar serves as Pilot Company's chief executive officer. 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.. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CCI adquiere una participacin mayoritaria en la empresa europea de almacenamiento de bateras S4 Energy BV, CCI erwirbt Mehrheitsbeteiligung an europischem Batteriespeicherunternehmen S4 Energy BV. If you are stuck for 40 minutes in some place and it does not have a lot of amenities, it will be challenging.. He says the company has committed to building a plant in Monterrey. 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. Konar further . Konar will take on additional responsibilities immediately, including the management of technology, HR, finance and legal. If you use a windshield cover, you can at least forget about scrapping the ice off your windshield to save some time and hassle. Shameek Konar is about take an unprecedented step at Pilot Company as he assumes the role of CEO in January. 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. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. 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. Headquartered in Knoxville, Tennessee, Pilot Company is the 7 th largest privately held company in the United States and employs 28,000 team members. 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 . The biggest impediment to the adoption of electric vehicles remains the lack of a nationwide network of fueling stations, Konar said. The companies were formed over a twenty year period with the most recent being incorporated one year ago in May of 2021. 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. The company supplies more than 14 billion gallons of fuel per year and also provides DEF, bio and renewables to the market. The Four-Day Workweek Pilot Worked. When you go on a road trip or across the country, you don't change your behavior. 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. Now, the question really becomes, do we treat a Pilot in the middle of Texas the same as a Pilot in the LA market? 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A railway's request would cut tens of millions of truck miles just as driver shortages persist and truck availability is already tight. For additional photo and video assets, please visit this link. So our hope is not to change customer behavior. Representing NATSO was Pilot Company CEO Shameek Konar. I imagine a lot of EV drivers might want to stop by your locations. The House Transportation and Infrastructure Committee on March 17 held a four-hour hearing on business solutions to climate change. The Haslams weren't charged with wrongdoing. GM Making Some Performance-Related Job Cuts. 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. We report on a study that relates the market value of firms in the S&P 500 to objective measures of their environmental performance. 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. Biden to Nominate Julie Su as Next U.S. Labor Secretary. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. Shameek Konar will be the fourth CEO of Pilot Company, a company that operates 950 retail and fuel locations across North America, sources reported. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. Jimmy Haslam's tenure as CEO of the family operated Pilot Co. will come to an end with the arrival of 2021. The average "intangible liability" for firms in our sample is $380 million-approximately 9% of the replacement value of tangible assets. When typing in this field, a list of search results will appear and be automatically updated as you type. "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. Representing NATSO was Pilot Company CEO Shameek Konar. The rest of Pilots management team will stay in place. 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. Shameek Konar serves as Pilot Company's chief executive officer. We anticipate this is not going to relax any time soon, because we do have a refining problem, globally, and we do not have enough product, and inventory levels have been very low after the COVID kind of reduction in supply, and the disruptions that have been caused by the Ukraine-Russia conflict. Earlier in his career, he was a senior energy market consultant at Accenture, PA Consulting and Putnam, Hayes & Bartlett. But over time, we fully feel like this will be a great new set of customers who are going to come to our locations. The One9 Fuel Network provides fleets and professional drivers with more places to stop at a variety of fueling locations. 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. In your announcement, you mentioned government grants, incentives, included in the cost, the overall cost. Konar encouraged lawmakers to structure and implement policies that encourage utilities and fuel retailers to focus where each is most productive. 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. 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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. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. What Could Elon Musk Possibly Be Thinking? 2001 The MIT Press Why do you want to take on these costs? Farm Progress is part of the Informa Markets Division of Informa PLC. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. And I think it helps us with EV adoption going forward. "Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. Is Everyone Else Next? from 8 AM - 9 PM ET. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. After controlling for variables traditionally thought to explain firm-level financial performance, we find that bad environmental performance is negatively correlated with the intangible asset value of firms. Google Shuts Down Trash-Sorting Robot Division. Pilot unions are preparing for battle. 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. 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. The company has grown to become the nation's largest operator of travel centers with more than 950 locations and is the largest seller of over-the-road diesel fuel. 10 on Forbes' list of largest private American companies. Shameek's personal network of family, friends, associates & neighbors include Gary Mercer, Mark Worscheh, Edward Bracewell, Hannah Worscheh and Elaine Bracewell. And I ask, because obviously, there was some money set aside in the infrastructure bill. Informa Markets, a trading division of Informa PLC. Konar has more than 20 years of experience in the energy and commodity market, specializing in acquisition and operations of energy assets. Related by Industry: Convenience Stores & Gas Stations. 2023 Forbes Media LLC. That . You're going to stop to charge your car at the same location. 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. You'll have a number of other amenities, from showers to clean restrooms to merchandise. 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. BRIAN CHEUNG: Shameek, why EVgo? That urea-based liquid is required in all diesel engines manufactured after 2010. 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. As CEO, store operations and development will be added to Konars role in 2021. Subscribe - Today in Manufacturing Podcast, BAE Systems Awarded $145 Million Contract for USS Nitze Modernization, The Promise of Mobile Photoacoustic Imaging, U.S. is Sitting On a Gold Mine of Excess Heat, In Defense of Paper and Everything That Replaced It, U.S. Sues Chemical Company Over Cancer Risk, DOE Grants $375M Loan for Lithium Battery Recycling Plant, Mexican President Says Tesla to Build Plant in Mexico. And what are you seeing in terms of customer flows? We have seen gas demand definitely retreat from 2021 levels. Certainly a lot of excitement when that announcement first came down. So for example, EVgo's got a great lab, where they test out a number of different chargers, and try to improve the product. The family-owned Pilot Co. gets its first outside CEO in January when Shameek Konar succeeds Jimmy Haslam in operating the nation's largest network of travel plazas and truck stops. There's about-- there are four of them, which are kind of the larger ChargePoint providers. Heres How Soon Self-Flying Planes Will Take Off. 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. 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. Not only would prices go up for DEF, which is now the highest it's ever been at nearly $4 per gallon. About Pilot Company Besides, GM also has another partnership with EVgo, where EVgo and GM work together, so there is familiarity with EVgo. Pilot Flying J is part of the Convenience Stores, Gas Stations & Liquor Stores industry, and located in Tennessee, United States. July 22, 2022, 9:06 AM Pilot Company CEO Shameek Konar joins Yahoo Finance Live to discuss its plans to roll out an EV charging network in partnership with GM and EVgo, and the outlook for the. 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