Pilot supplies more than 11 billion gallons of fuel annually and operates 950 retail and fuel locations in North America. Prior to joining Pilot Company, Shameek served as chief investment officer at Castleton Commodities International and Mercuria Energy Trading in Houston. Other family members will continue to be involved in the company. Your California Privacy Rights / Privacy Policy. "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? 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. 2 0 obj 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/? He is currently chief strategy officer. We're really excited. Pilot Company announced a major leadership change Tuesday. 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. The House Transportation and Infrastructure Committee on March 17 held a four-hour hearing on business solutions to climate change. Konar will ease into the new role over the next six months. Konar has more than 20 years of experience in the energy and commodity market. Create a free family tree for yourself or for Shameek Konar and we'll search for valuable new information for you. googletag.pubads().enableSingleRequest(); The LA DA anticipates disclosing what is on the Konnech servers on Thursday. 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. 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. If properly maintained, the toxic event would have never happened. He specializes in the acquisition, development and operations of energy assets. ", Throughout the decades, Pilot has been committed to philanthropic giving within the East Tennessee community. Shameek's personal network of family, friends, associates & neighbors include Gary Mercer, Mark Worscheh, Edward Bracewell, Hannah Worscheh and Elaine Bracewell. It will be enforced in May 2024 by NATO. Konar said that the reductions will significantly impact the availability of fuel and fuel prices. The Pandemic Treaty will morph 194 countries, including the U.S., into one government. googletag.pubads().enableSingleRequest(); Uncover DC and Offgrid with Doug and Stacey, Norfolk Southern Offers Buyout to East Palestine Residents, The Orchestrated Destruction Of America Is Exploding Before Our Eyes Attacks Upon Our Food Supply, Water And Air, Most Ukrainian Soldiers On Bakhmut Front-Line Killed Within 4 Hours. Transport Topics introduces its newest digital interview series, Newsmakers, aimed at helping leaders in trucking and freight transportation navigate turbulent times. 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. }); Pilot Flying J changes name to reflect totality of businesses, Pilot Flying J launches fuel network targeting small carriers. For Dominion Voting Systems in Belgrave, Serbia, they are Branko Kolasinovic, Bojan Djordjevic, and Goran Obradovi. While attending Vanderbilt, Konar worked odd jobs on campus, from cleaning bathrooms to tutoring athletes. Does it? According to Major Mathieu Amirault, U.S. Marine Corps. Were looking at ports, areas where distribution centers are, Haslam said. endobj I was a skill set in search of a culture, and I found it. The privately held travel center. Over the last few years, we have grown our fuels business pretty significantly, Konar said. Shameek Konar Shameek Konar. "And how do we take our network and make sure we're positioned in the best place possible as the markets change, to be there when the markets change?". 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. Konar joined Pilot in 2017 to launch PFJ Energy. The hearing will be held Thursday at 8:30 a.m. We know where they are. We have 28,000 people interacting with other people every day. Govt. % 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.. The Haslams are selling 41% of the recently renamed company to Berkshire Hathaway Inc. in 2023. }); googletag.cmd.push(function() { learning the retail and food side of the business. Who are they? 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Enter your email address to follow this blog and receive notifications of new posts by email. Store operations and development teams will continue to report to President Ken Parent, who will become senior adviser to the CEO and chairman in January. googletag.cmd.push(function() { 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. Three people in a boat. "I think our family and our company will remain integrally involved in Knoxville and East Tennessee.". We understand and appreciate that the current market conditions are imposing significant constraints on the railroads, and were committed to help ease this congestion. Alan Adler is an award-winning journalist who worked for The Associated Press and the Detroit Free Press. Australia: Army Exercises and Training in Crowd Control!? With the third largest tanker fleet in North America, Pilot Company also provides end-to-end logistics solutions, gasoline, diesel and crude hauling, and saltwater disposal in the nations busiest oil production basins. 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. announced a major leadership change Tuesday. The companies were formed over a twenty year period with the most recent being incorporated one year ago in May of 2021. 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. June 6, 2022 Uncover DC and Offgrid with Doug and Stacey 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." googletag.enableServices(); Konar also pointed to the changes that the COVID-19 pandemic is having on businesses. Shameek Konar Overview. googletag.pubads().collapseEmptyDivs(); 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. window.googletag = window.googletag || {cmd: []}; googletag.pubads().enableSingleRequest(); Its systems tabulate 80% of the votes in the U.S. Scytl is based in Barcelona, Spain. window.googletag = window.googletag || {cmd: []}; googletag.enableServices(); All rights reserved. An unidentified girl, President Obama, and George Clooney. Twenty miles before the derailment, one of the train cars caught fire. Jimmy Haslam will continue to manage the real estate team. Details are in this story: Threatened by a severe reduction in rail service allocations, the company heavily relies on the railroads to deliver its product. It took an act of Congress to do it. He plans to continue that approach. One of the most publicized examples of this. They are helping to keep America moving. Do Not Sell or Share My Personal Information. If you don't innovate, you die," Konar told Knox News in aninterview Monday. CEO Jimmy Haslam will transition to the fuel company's chairman of the board role beginning Jan. 1. }); Shameek Konar is about take an unprecedented step at Pilot Company as he assumes the role of CEO in January. Three years ago it hired Konar to launch PFJ Energy. Why? Executives from major U.S. railroads also attended the hearing. Retailers feel pressure to foster continuous innovation that helps keep pace with constantly evolving customer preferences. 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()); So, like Konnech, is LA sending its election data to China? The Haslam family will continue to have a strong presence on the board. So instead, he blames Montanas problems on the Biden Administration. Jimmy Haslam is the owner of theCleveland Browns and part of the ownership group for the Columbus Crew, the MLS team. However, 26 to 50% reduction in our allocations will have substantial consequences for the markets., Looking for news worthy topics, in both the Politcal, Social, and The Religious arenas. All rights reserved. Other nearby distribution centers with trucks coming and going provide a consistent flow of business. googletag.pubads().collapseEmptyDivs(); Konar said he is focused on getting to know the team better and learning the retail and food side of the business. Parent will guide company strategy and priorities. Education. Required fields are marked *. 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()); 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. Congress has been paying the Wilson Center since 1968 to finalize the arrangements. 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. Pilot supplies more than 11 billion gallons of. (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.. Yet, he will not be charged. Bloomberg Daybreak Asia. The rest of Pilots management team will stay in place. At the Apr. Shameek Konar married Victoria Christina Klein on month day 1996, at marriage place, Florida. 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. Those could include technological advancements, he noted, such as autonomous trucks and electric- and hydrogen-powered vehicles. According to Shameek Konar, CEO of Pilot Flying J: "We were informed by the Union Pacific (Railroad) that we were required to reduce shipments (of diesel fuel) by 26%." . Konar plans tolead with the same growth mindset that's long defined the company. At Pilot, he focused on acquiring, integrating and making the most of assets. 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()); Starting now, Konar willtake on management of Pilot's technology, human resources, finance and legal departments. 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. Konar has worked in leadership roles atCastleton Commodities International, Mercuria Energy Trading and Goldman Sachs. "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. Konar will take over management of Pilot's technology, human resources, finance and legal departments beginning now. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. In fact, Tom's wife, Cathy Russell is set up to replace Joe Biden later this month. }); Konar immediately assumes management of technology, human resources, finance and legal. "Shameek possesses, I think, everything we look foror anybody would look for in a leader," Jimmy Haslam told Knox News. Whitney Haslam Johnson will continue to serve as chief experience officer and a board member. Servers send, store, and receive data through the internet. This is the primary reason I ended up coming to Pilot, and I really, really enjoy being here, 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. 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()); 10 on Forbes' list of largest private American companies. 2023 www.knoxnews.com. Still, Konar remarked that, based on conversations with UP, the heavy restrictions imposed on Pilot Flying J do not fairly and proportionately allocate the supply issues because Pilot has not increased the total number of cars it received every month since January. What Could Elon Musk Possibly Be Thinking? Pilot Flying J is part of the Convenience Stores, Gas Stations & Liquor Stores industry, and located in Tennessee, United States. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Heremarked: In my view, all of this has directly contributed to where we are todayrail users experiencing serious deteriorations in rail service because, on too many parts of their networks, the railroads simply do not have a sufficient number of employees.. The company's "cycle of excellence," Konar said, is that putting team experience first and guest experience second leads to financial results, "which allows you to continue funding the team experience.". endobj Jimmy Haslam will continue to manage the real estate team. 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. googletag.enableServices(); Concerned over the workforce shortage, on Apr. Prior to joining Pilot, Konar was chief investment officer and an executive committee member at Castleton Commodities International and Mercuria Energy Trading in Houston. Konar and his family are building a new home in Knoxville and will move . Email Brenna McDermott atbrenna.mcdermott@knoxnews.comand follow her on Twitter @_BrennaMcD. The multinational investment group will then have 80% control of the company following the purchase of 38.6% for $2.76 billion in 2017. window.googletag = window.googletag || {cmd: []}; Shameek Konar is currently Chief Executive Officer at Pilot Flying J - View - Pilot Flying J org chart. China stores election data from over a thousand Election Boards using Eugene Yus Konnech software. But retailers also need to balance innovation and associated technology deployments with running the core business and attending to current customer needs. googletag.pubads().collapseEmptyDivs(); "These (Fortune 500) companies generally come with a lot of bureaucracy, and I think Pilot's strength is the ability to make decisions quickly and be nimble and respond to the market," Konar said. However, ten years worth of treaties has had the deal simmering. We pay attention.. Cases are surging again. Shameek previously served as Pilot Companys chief strategy officer, leading the companys energy division, including business and asset development, supply, distribution and sales. ]`}e/^6/y~s/wZmY^nZe}v^:g 2.Xbd`N_s'_q(d %\p.2a7 `nx7DG @J_D2HR/L/7muv}2a Lk3cd@h,$P^d@4\tUMM69 B'4Mg$_Og7qL"3!M AsAd Bradleys sworn testimony is in this 13-page affidavit dated Dec. 22nd. Mrs. Strzok tells the FBI and Justice Department what they can and cannot investigate regarding foreign money crimes. 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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. Pilot is ranked No. Yes, I want event updates and special offers! Parent will then transition to a senior advisor to the CEO and chairman. 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, Haslam said in a press release Tuesday. Visit Pilot Company Taking into account various assets, Shameek's net worth is greater than $499,999; and makes between $150 - 174,999 a year. Grant Bradley. gptAdSlots.push(gptSlot); It has definitely impacted us quite a bit, he said. googletag.enableServices(); The transition will take place over the next six months. Copyright 2023, All Rights Reserved, FreightWaves, Inc, Loaded & Rolling (Enterprise Fleet News/Analysis), Pilot Flying J changes name to reflect totality of businesse. :(| Wd^*A#%:b`/9xoP@E\O]}}Z*($X2|xer.e:>0 1 c.f z&H_/B'lw~Yy6pPl3> "100 Million Animals Have Been Injected With mRNA Technology", Hardly Anyone Knows About it Dr. Bryan Ardis: Steve Quayle: Interview If the Days Not be Shortened, It's Done: Bakhmut is Encircled by Russian Troops. PFJ Energy supplies 900,000 barrels of fuel daily and provides logistics, sales and trucking services. Come January, he said the plan is to spend one day in the office and one day in the field each week. The rest of Pilot's leadership team will remain in place. WTT is ranked in Apple Podcasts top-20 Business News podcasts. It has more than 680 restaurants, 74,000 truck parking spaces and 35 Truck Care service centers. Konar is from New Delhi, India, and moved to the United States in 1991 to attend Vanderbilt. Shameek met his wife while attending Vanderbilt, where she also was pursuing her Ph.D. googletag.cmd.push(function() { Haslam in an exclusive interview with Transport Topics, said making the announcement now will help ensure a more orderly transition, adding, Its a significant change from me having been CEO for about 25 years., Pilot is one of the nation's largest operators of travel centers, with more than 950 locations. Sale ends 7/23. gptAdSlots.push(gptSlot); Its scary, but essential. The servers have enough space to store all of Americas election data. 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 . With a reputation for fixing elections all over the world. Live market coverage co-anchored from Hong Kong and New York. He oversaw mergers, acquisitions and operations of physical assets across the firms commodities merchant platform globally. Want more news? googletag.pubads().collapseEmptyDivs(); While launching PFJ Energy, Konargot a feel for the company culture andleadership's enthusiasm to jump on new opportunities. Haslam will continue to oversee real estate. A video from CBS Pittsburgh captured a railcar on fire from seized brakes a half hour before 50 train cars derailed. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry Shameek met his wife while attending Vanderbilt, where she also was pursuing her Ph.D. But, focusing on the trucking industry, it is not clear to us what feels like the winner right now.. That won't change, Jimmy Haslam said. Brands like BunkerHill, Tartan Oil, Saratoga, Pro Petroleum, and Pilot Water Solutions fall under the PFJ Energy umbrella. Bradley managed Konnechs daily programming team based in China. 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. googletag.pubads().enableSingleRequest(); We report on a study that relates the market value of firms in the S&P 500 to objective measures Your email address will not be published. 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. Shameek served in several senior roles at Constellation Energy, including senior vice president of corporate strategy and development. The division supplies 900,000 barrels of fuel. View all posts by lance goodall, Your email address will not be published. googletag.pubads().collapseEmptyDivs(); Its all about teamwork.. Konar will add store operations and development in 2021. His father served in the military and his mother was a research chemist. So why do tens of thousands of Elections Boards use Scytl software? Speaking in: Tuesday January 17 LA paid Smartmatic $256,677,723 for an online voting system. Audience members will gain access to the industry's leading expert in their particular field and the thoughtful moderation of a Transport Topics journalist. He also writes a newsletter of the same title with over 10k subscribers in the supply chain and trucking niche. Get started Florida, Marriages, 1970 - 1999. Jimmy Haslam's tenure as CEO of the family operated Pilot Co. will come to an end with the arrival of 2021. 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. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. x\s6(X4|dhx%@J& Shameek Konar, Pilot Corp: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Surveillance: Early Edition Bloomberg Surveillance: Early Edition with Anna. 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. 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. Stephens College in India. 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. 13, Pilot Flying J was informed by Union Pacific Railways (UP)whose largestshareholdersare Vanguard andBlackrockthat 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. googletag.enableServices(); 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()); 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. In addition to Jimmy Haslam becoming board chairman, Jim Haslam will transition to chairman emeritus of the board, former Tennessee Gov. Baxter, meanwhile, noted his company's "remarkably similar" priorities. Connect with your community and stay informed. Founder Jim Haslam and Jimmy Haslam will still be present in the office and available to help Konar in any way he might need. 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. Is he still in China? Instead, Congress is paying China to have it. Special introductory offer for new subscribers only. Get unlimited digital access today for only $39 for a year. 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. The purpose of a Pandemic Treaty is to form a one-world government ruled by an unelected dictator. 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. . Union Pacific, which plans to remove anywhere from 2% to 4% of its cars from the network, reported at the hearing that it is asking shippers with the highest impact on its network, including Pilot Flying J, to reduce inventory as the railroad is dealing with over 20,000 excess cars on its grid. 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. The way we talk about [the culture] here is be humble, hungry and accountable. Shameek served in several senior roles at Constellation Energy, including senior vice president of corporate strategy and development. Who is it? 4 0 obj %PDF-1.7 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. The privately held travel center. Overnight on Wall Street is daytime in Asia. googletag.cmd.push(function() { He wrote that both Pilot Flying J and UP are elite owned and proposed that both companies are acting as a tag team, putting on a show to intentionally cause serious problems. 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.. The federal government paid for it. googletag.cmd.push(function() { Pilot Flying J supplies roughly 30% of diesel exhaust fuel (DEF) in the country. 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. It is in the fine print of the budget approved by Congress for military spending by the Pentagon and Homeland Security. Click for more FreightWaves articles by Alan Adler. Our second episode "The Evolution of Electric Trucks" featuring Nikola founder and executive chairman Trevor Milton, will air live on July 28 at noon EDT. Smartmatics CEO admits its voting systems run on technology from Dominion. See Shameek Konar's compensation, career history, education, & memberships. Jimmy Haslam described Konar as someone who is smart, humble, has a strong work ethic and understands both people and business. Pilot opened a truck plaza near an Amazon distribution center two years ago in Patterson, California.