Shameek Konar Shameek Konar. Pilot today is ranked No.10 on Forbes list of Americas Largest Private Companies, with 2019 revenue of $31 billion. KNOXVILLE, Tennessee Knoxville-based Pilot Co. is transitioning to a new CEO, with plans for current leader Jimmy Haslam to become board chairman in January. Likely, when most officeemployees do return, it will be a mix of home and in-office work, he said. googletag.enableServices(); He also spent two decades in domestic and international media relations and executive communications with General Motors. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot3', [[728, 90], [468, 60], [320, 50], [300, 100]], 'div-gpt-ad-1665767553440-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); The Pilot Flying J network includes 950 locations in 44 states and six Canadian provinces. Its just the name of whos shipping has changed because weve taken control over some of the cars because of the issues weve had with the railroads, so that we have the optionality to deliver these cars and markets that they can pay. No other details are available. googletag.cmd.push(function() { Special introductory offer for new subscribers only. Konar and his family are building a new home in Knoxville and will move here from Houston next summer. Want more news? He also writes a newsletter of the same title with over 10k subscribers in the supply chain and trucking niche. googletag.cmd.push(function() { Pilot supplies more than 11 billion gallons of fuel annually and operates 950 retail and fuel locations in North America. gptAdSlots.push(gptSlot); Starting now, Konar willtake on management of Pilot's technology, human resources, finance and legal departments. Do Not Sell or Share My Personal Information. If you don't innovate, you die," Konar told Knox News in aninterview Monday. At the Apr. 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. WHO is a totally-owned subsidiary of the United Nations (UN). Concerned over the workforce shortage, on Apr. They spent $125,000 to get them hacked. stream Transport Topics introduces its newest digital interview series, Newsmakers, aimed at helping leaders in trucking and freight transportation navigate turbulent times. Pilot Flying J supplies roughly 30% of diesel exhaust fuel (DEF) in the country. 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. The real estate team will continue to report to Jimmy Haslam, and the store operations and development teams will continue to report to President Ken Parent. Internet critic Jim Stone suggested that Pilot Flying J knowingly caused the problem by changing their paperwork to jam up the system, resulting in a steep loss in service. Not only as a country, but as the world, we are generally confused on how to deal with it, or contain this. Shameek Konar is Former Chief Invsmt Ofcr/Global Head:Business Dev at Castleton Commodities Merchant TD LP. The trucking sector of our economy depends on DEF as all trucks manufactured after 2010 cannot operate without it, and the cut in deliveries will heavily impact the trucking industry. Shameek Konar. China stores election data from over a thousand Election Boards using Eugene Yus Konnech software. Shameek's personal network of family, friends, associates & neighbors include Gary Mercer, Mark Worscheh, Edward Bracewell, Hannah Worscheh and Elaine Bracewell. They have two sons, ages 14 and 18. [Stay on top of transportation news: Get TTNews in your inbox.]. <>/Metadata 50 0 R/ViewerPreferences 51 0 R>> Brands like BunkerHill, Tartan Oil, Saratoga, Pro Petroleum, and Pilot Water Solutions fall under the PFJ Energy umbrella. (Podcast). googletag.cmd.push(function() { The rest of Pilot's leadership team will remain in place. 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." Connect with your community and stay informed. Konar was quick to laud Pilot's ability to make decisions quickly and respond to the market. LA paid Smartmatic $256,677,723 for an online voting system. Konar said he is focused on getting to know the team better and learning more about the retail side of Pilot's business. Pilot put the brakes on plans to return most employees to the officethis summer, Konar said, as cases around the countryhave increased. "I've had the privilege of working here for 44 years, so over that time you acquire, hopefully, a little institutional knowledge, and we'll do everything we can to share that with Shameek. Education. Shameek met his wife while attending Vanderbilt, where she also was pursuing her Ph.D. Get started Florida, Marriages, 1970 - 1999. Konar will ease into the new role over the next six months. Overnight on Wall Street is daytime in Asia. Konar and his family are building a new home in Knoxville and will move . By reinstating Chinas Confucius Institute, China doesnt have to buy or steal the Pentagons top-secret information. endobj If properly maintained, the toxic event would have never happened. Track your investments 24 hours a day, around the clock from around the world. 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 a degree in economics and mathematics from St. Stephens College in India and a Ph.D. in economics and finance from Vanderbilt University. They are helping to keep America moving. Today, there are 180,000 U.S. Marines in Europe under NATO command. Who is it? window.googletag = window.googletag || {cmd: []}; The money starts following later this month. Add to that Pilots logistics operations: It has one of the nations largest tanker fleets and delivers gasoline, diesel, ethanol, biodiesel, crude oil and water. 26 & 27 hearing, Konar explained that on Apr. }); Haslam said in the FreightWaves interview that he sees a saturation point for truck stops and travel plazas coming. Speaking in: Tuesday January 17 Parent will guide company strategy and priorities. The company will open 20 new plazas this year and a similar number in 2021. We pay attention.. Prior to joining Pilot, Konar was chief investment officer and an executive committee member at Castleton Commodities International and Mercuria Energy Trading in Houston. Haslam will continue to oversee real estate. googletag.cmd.push(function() { Shameek served in several senior roles at Constellation Energy, including senior vice president of corporate strategy and development. Its scary, but essential. Konar joined Pilot in 2017 to launch PFJ Energy. Shameek served in several senior roles at Constellation Energy, including senior vice president of corporate strategy and development. Chertoff works for Homeland Security while practicing law at Covington. 2023 www.knoxnews.com. After the transition, Jimmy Haslam said he expects to spend one day a week in the office and anotherin the field visiting stores or evaluating real estate. Email business reporter Brenna McDermott atbrenna.mcdermott@knoxnews.comand follow her on Twitter @_BrennaMcD. Konar will bring a growth-minded approach to the role, in line with how the Haslams have run the business since the beginning. It will be enforced in May 2024 by NATO. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Alan Adler is an award-winning journalist who worked for The Associated Press and the Detroit Free Press. Host Seth Clevenger speaks with Mathieu Boivin of E-Smart and Jonathan Hubbard of SpeedGauge. Jimmy Haslam will continue to manage the real estate team. 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. Operating the largest network of travel centers in the United States, Pilot Flying J wasfoundedby James A. Haslam II in 1958. 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. Until the January transition, Parent will continue to oversee store operations and development. So what did the LA District Attorney find on the Konnech servers? The privately held travel center. He moved to the United States in 1991 to pursue his Ph.D. in economics and finance after receiving a scholarship from Vanderbilt University. He has tapped Chief Strategy Officer Shameek Konar, 50, to be Pilot's fourth CEO. Spare change: Pilot Co. helps vets while easing coin shortage. This documentary-style series follows investigative journalists as they uncover the truth. Monday, November 09, 2020 MEET THE NEW CEO Shameek Konar is about take an unprecedented step at Pilot Company as he assumes the role of CEO in January. With long-standing complaints from shippers of extensive delays, unfilled orders, and other significant and rising disruptions, the railway carriers stated individual strategies to build up the industry workforce and restore service. Always a strategic exercise, deciding where to open new locations has a renewed focus. Yes, I want event updates and special offers! Why? Konar said he intends to maintain the companys focus on serving the needs of the trucking industry and Pilots guests, whatever those needs may be. For now, diesel remains the industrys primary fuel, and has presented Pilot with opportunity for expansion, he said. So, like Konnech, is LA sending its election data to China? With a forecast of the better half of the year to de-congest the network, Eric Gehringer, executive vice president of operations at UP, noted: We are taking an aggressive approach to reducing operating inventorymore aggressive than in the past.. For example, President Bill Clinton was in the middle of the $50 billion FTX ponzi scam. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created, Konar said. 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. }); googletag.cmd.push(function() { 2023 www.knoxnews.com. Taking into account various assets, Shameek's net worth is greater than $499,999; and makes between $150 - 174,999 a year. googletag.pubads().enableSingleRequest(); (Pilot Company), Haslam added, It is something we have been working on for about a year, and identified Shameek to be an outstanding prospect to be our CEO.. That approach will continue, Konar and Haslam agree, whether it's growing Pilot's truck stop footprint, expanding into adjacent markets such as logistics or exploringnew alternative fuels. 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. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry He brings more than 20 years of experience in the energy and commodity market. <> "Then the longer term strategy is really thinking about alternative fuels; what will the transportation sector look like five years from now, 10 years from now? But, focusing on the trucking industry, it is not clear to us what feels like the winner right now.. He has personal knowledge. At Pilot, he focused on acquiring, integrating and making the most of assets. Come January, he said the plan is to spend one day in the office and one day in the field each week. For 21 years. "I think our family and our company will remain integrally involved in Knoxville and East Tennessee.". With a reputation for fixing elections all over the world. 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. Maybe not. After that, Haslam said, he isnt sure. x\s6(X4|dhx%@J& "Short-term strategy, we'll be working through the current global environment for fuel and for demand for fuel and merchandise," Konar said. The hearing will be held Thursday at 8:30 a.m. The job comes with a lot of responsibility.". 3 0 obj 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()); }); Pilot Flying J changes name to reflect totality of businesses, Pilot Flying J launches fuel network targeting small carriers. His father served in the military and his mother was a research chemist. googletag.pubads().collapseEmptyDivs(); Shameek Konar, Pilot Corp: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Anna. The rest of Pilot's leadership team will remain in place. }); Konar immediately assumes management of technology, human resources, finance and legal. The company will also keep an eye out for growth opportunities, including renewable diesel and electric-vehicle charging stations. 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. We know where they are. Pilot supplies more than 11 billion gallons of. 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. He also was managing director and global co-head of commodities principal investments at Goldman Sachs, where he focused on growing the companys physical natural gas and crude oil businesses. In fact, Tom's wife, Cathy Russell is set up to replace Joe Biden later this month. Shameek Konar serves as Pilot Companys chief executive officer. Shameek Konar is currently Chief Executive Officer at Pilot Flying J - View - Pilot Flying J org chart. Jimmy Haslam, in an interview with Knox News on Monday, said Pilot will remain "integrally involved" in the Knoxville and East Tennessee communities. It has more than 680 restaurants, 74,000 truck parking spaces and 35 Truck Care service centers. "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. endobj Shameek Konar Overview. Board ChairmanMartin J. Obermancommented on the impact of the significant cuts. "As markets change, and as opportunities change, we have to change, right? gptAdSlots.push(gptSlot); Konar will ease into the new role over the world doesnt have to buy or steal the Pentagons information... Steal the Pentagons top-secret information ability to make decisions quickly and respond to the role, in line how. 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