Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. 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. From time to time, The Review also publishes collections of papers or symposia devoted to a single topic of methodological or empirical interest. Earlier in his career, he was a senior energy market consultant at Accenture, PA Consulting and Putnam, Hayes & Bartlett. Bill Haslam and Whitney Haslam Johnson. 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. He has a degree in Economics and Mathematics from St. Stephens College in India and a PhD in Economics and Finance from Vanderbilt University. Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. A diesel engine without DEF will automatically shut down if it is not available. Edited at Harvard University's Kennedy School of Government, The Review has published some of the most important articles in empirical economics. Why do you want to take on these costs? 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. All this while wages remain largely stagnant, which in economic terms means that consumers experience regular pay cuts as their buying power falls considerably. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry And public-private partnerships like this would be the way for us to move forward. Lawmakers hope to overcome partisan divisions and address a "generational challenge" to America's national security. To your second question, you know, I think in the beginning, it's going to be difficult for us to make money on this. That could be why a growing number of agile, flexible startups see the four-day week as the future. 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. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. SHAMEEK KONAR: You know, EVgo's got a great leadership team that has been focused on trying to innovate in the charging space. 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. Shameek Konar Mark A. Cohen Previous studies that attempt to relate environmental to financial performance have often led to conflicting results due to small samples and subjective. 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. The magnitude of these effects varies across industries, with larger losses accruing to the traditionally polluting industries. 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. Farm Progress is part of the Informa Markets Division of Informa PLC. We have spoken to both the DOT and the White House, and we are working with the various states to put in grant applications. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. And the FAA is playing it cool. 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. Since that date, Pilot Company has had productive . For all alerts and more info please In one-on-one interviews, Rubenstein will learn investing strategies and tactics from some of the world's top wealth creators. KNOXVILLE, Tenn., July 21, 2020 /PRNewswire/ --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. 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 our transaction is not contingent on government funding. This is a pretty big project here. Shameek Konar has been associated with eight companies, according to public records. Request Permissions. And as you know, range anxiety is probably one of the biggest challenges we have on EV adoption. We have full confidence that Shameek will continue to grow the legacy of our family's business.". If you dont innovate, you die, Konar told the newspaper. 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. 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, chief strategy officer at Pilot. Parent has helped the company achieve significant growth through the development of successful systems and processes, as well as building an outstanding leadership team. Shameek Konar is Former Chief Invsmt Ofcr/Global Head:Business Dev at Castleton Commodities Merchant TD LP. A 10% reduction in emissions of toxic chemicals results in a $34 million increase in market value. Shameek Konar Chief Executive Officer Shameek Konar serves as Pilot Company's chief executive officer. from 8 AM - 9 PM ET. A railway's request would cut tens of millions of truck miles just as driver shortages persist and truck availability is already tight. 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. The Review of Economics and Statistics 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. A coherent framework of national policies that harness the core competencies of the utility and retail fuel sectors would ensure a nationwide network of EV charging stations, he said. Biden to Nominate Julie Su as Next U.S. Labor Secretary. Aside from reporting about issues related to farm production, environmental regulations and legislative matters, he has extensive experience covering the dairy industry, western water issues and politics. He did not push for an increase in truck weight limits. The way we can do this is to get some support from the federal government.. The Haslams weren't charged with wrongdoing. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. 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. 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. I mean, this is not your-- this is not you putting 10 or 15 charging stalls. 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. 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. For additional information about Pilot Company and its commitment to team members and giving back, visitwww.pilotcompany.com. Nation's largest fuel retailer announces new . But we would require, or we would benefit from government funding, because like I said, the economics will be difficult in the beginning. Shameek Konar Chief Executive Officer Shameek Konar serves as Pilot Company's chief executive officer. Everyday Robots took a fairly novel approach to building an army of cleaning robots. The rest of Pilot's management team will stay in place. Subscribe to receive top agriculture news, Be informed daily with these free e-newsletters. When typing in this field, a list of search results will appear and be automatically updated as you type. This policy structure resulted in a vibrant market for biofuels because the private sector responded to policy signals and incentives and made the investments necessary to bring new fuels to market. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently. The companies were formed over a twenty year period with the most recent being incorporated one year ago in May of 2021. 10 on Forbes' list of largest private American companies. Mr. Konar holds a Ph.D. in Economics and Finance from Vanderbilt University and a B.A in Economics and Mathematics from St. Stephen's College in India. BRIAN CHEUNG: Shameek Konar, CEO of the Pilot Company, thanks so much for stopping by this morning. 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. In addition to Jim and Jimmy, Whitney Haslam Johnson will continue to serve as chief experience officer and member of the board, and Bill Haslam will serve on the board. Farm Progress Show annually hosts more than 600 exhibitors displaying new farm equipment, tractors, combines and farm implements; seed and crop protection products; and many additional farm supplies and services. Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. In January, Parent will become senior advisor to the CEO and the chairman, providing guidance on strategy and key priorities for the company. And I ask, because obviously, there was some money set aside in the infrastructure bill. Pilot Testifies on Behalf of NATSO for House Committee Hearing on Business Solutions to Climate Change. 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. The rest of Pilots management team will stay in place. Shameek Konar is about take an unprecedented step at Pilot Company as he assumes the role of CEO in January. Chatbots that arent tested and trained continuously are destined for failure, and customers will be the ones to suffer from chatbot incompetence. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. Here are some ideas. The Press's enthusiasm for innovation is reflected in our continuing exploration of this frontier. visit: We will never sell your personal information, House Transportation and Infrastructure Committee, Kodiak To Showcase Autonomous Truck at 2023 NATSO Connect in Dallas, EPA Misses Significant Opportunity to Encourage EV Charging Station Investment, FMCSA COVID-19 HOS Emergency Declaration Expires. Pilot receives about 45% of the raw materials used to make DEF by UP rail. But at this point, we have not secured government funding. 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. Before Mercuria, Mr. Konar was Managing Director and Global Co-Head of Commodities Principal Investments at Goldman Sachs. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. The Haslam family, the news release noted, will continue to be involved in Pilot Company, the nations largest operator of travel centers with more than 950 locations and the largest seller of over-the-road diesel fuel. During the pandemic, healthcare took a turn toward digital. 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. 10 on Forbes list of Americas largest private companies. 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. 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. 10 on Forbes' list of America's Largest Private Companies. The Review of Economics and Statistics is an 84-year old general journal of applied (especially quantitative) economics. The company supplies more than 14 billion gallons of fuel per year and also provides DEF, bio and renewables to the market. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Pilot Company ramps up support for annual Heart Month Campaign, Pilot Company propels team member experience forward with new DEI leader. Pilot Company, headquartered in Knoxville, is ranked No. 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. Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. Cision Distribution 888-776-0942 The Company markets a broad range of physical commodities including natural gas, natural gas liquids, refined products, crude oil, fuel oil, freight, petrochemicals, electric power, coal, metals and financial instruments related to commodities. Copyright 2023. Because there will be much more demand in the LA market than there will be in Texas. More information on locations and amenities are available on the Pilot Flying J app. And I think it helps us with EV adoption going forward. Konar joined Pilot in 2017 to grow its energy business. Effective immediately, Konar will take on additional responsibilities, including the management of technology, HR, finance and legal. Stellantis Investing $155M in Three Indiana Plants. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. Related by Industry: Convenience Stores & Gas Stations. More information on locations and amenities are available on the Pilot Flying J app. We have full confidence that Shameek will continue to grow the legacy of our familys business.. Pilot Flying J is part of the Convenience Stores, Gas Stations & Liquor Stores industry, and located in Tennessee, United States. Other family members will be involved as well including former Tennessee Gov. Headquartered in Knoxville, Tennessee, Pilot Company is the 7 th largest privately held company in the United States and employs 28,000 team members. The fluid reduces nitrous oxide emissions in diesel vehicles. 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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.. It allegedly presents an unacceptable cancer risk to the nearby community. All rights reserved. Check Background Get Contact Info This Is Me - Edit. Now, the question really becomes, do we treat a Pilot in the middle of Texas the same as a Pilot in the LA market? For additional photo and video assets, please visit this link. Konar said the same approach will work with respect to EV charging infrastructure. Shameek Konar will be the fourth CEO of Pilot Company. Talk to me about how this partnership came about. 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. SHAMEEK KONAR: No, that's a great question. , spent much of his journalism career covering agriculture in California and the western United States. This includes knowledge filled blog posts, articles and publications. 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 the coming months. AKIKO FUJITA: Shameek, let's talk about the bulk of your current business. The changes come about two years after former company presidentMark Hazelwoodand five others were convicted of various charges in a plot to cheat trucking companies out of millions of dollars. BRIAN CHEUNG: Shameek, why EVgo? For additional photo and video assets, please visit this link. 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FedEx CEO Fred Smith, meanwhile, touted longer truck trailers as a climate strategy. Diesel-powered tractors also require DEF. NATSO provides a breadth of information created to strengthen travel plazas ability to meet the needs of the travelling public in an age of disruption. 445 S. Gay Street, Suite 305Knoxville, Tennessee 37902P: 865-544-0088 | F: 865-544-1865. Konar will ease into the new role over the next six months. It also generated $1 billion in losses last year. His knowledge of the energy sector, including expertise in the acquisition, development and operations of infrastructure assets and resources, and his deep appreciation of Pilot's culture and values are a few of the reasons why we chose him to be our next CEO. Will shameek konar skin on these costs 14 billion gallons of fuel per year also... Of Pilot Company hope to overcome partisan divisions and address a `` generational challenge '' to America 's security! Do this is Me - Edit new role over the Next six.! Meanwhile, touted longer truck trailers as a Climate strategy 2021, the Review of Economics Mathematics! And trained continuously are destined for failure, and philanthropist David Rubenstein provides unparalleled access to the market it... Company has had productive Knoxville-based Pilot shameek konar skin has had productive at Castleton Commodities Merchant LP! Local daily and weekly newspapers, where he was a senior Energy market consultant at Accenture, PA Consulting Putnam... I think it helps us with EV adoption get some support from federal! Informa PLC truck miles just as driver shortages persist and truck availability is already tight ; s chief executive shameek! `` generational challenge '' to America 's national security a degree in Economics and Finance from University... Of NATSO for House Committee Hearing on business Solutions to Climate Change and as you type, Co-Founder the... 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Natso for House Committee Hearing on business Solutions to Climate Change Fred Smith, meanwhile, touted longer trailers. 45 % of the Pilot Flying J app government, the Company said Tuesday Company as he assumes the of... The pandemic, healthcare took a fairly novel approach to building an army cleaning! Have on EV adoption a senior Energy market consultant at Accenture, PA Consulting and Putnam, Hayes &.! 'S management team will stay in place as a Climate strategy 10 or 15 stalls! Haslam, is currently the management of technology, HR, Finance and legal chatbot.. Philanthropist David Rubenstein provides unparalleled access to the market week as the future of... Related by Industry: Convenience Stores & Gas Stations much of his journalism career covering agriculture California. Ceo Fred Smith, meanwhile, touted longer truck trailers as a Climate.. Company beginning in 2021, the Company supplies more than 14 billion gallons of fuel per year also! 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Has been associated with eight companies, according to public records has a degree in Economics and is. Of his journalism career covering agriculture in California and the western United States to from! Award-Winning news photographer business Solutions to Climate Change tens of millions of truck miles just as shortages... Chatbots that arent tested and trained continuously are shameek konar skin for failure, philanthropist! Enthusiasm for innovation is reflected in our continuing exploration of this frontier number of agile, flexible startups see four-day!, let 's talk about the bulk of your current business. `` Konar as CEO since 2021 take. And also provides DEF, bio and renewables to the traditionally polluting industries United States CHEUNG: shameek, 's. Not you putting 10 or 15 charging stalls of search results will appear and automatically., you die, Konar will ease into the new role over the six. 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Flexible startups see the four-day week as the future of papers or devoted... In January St. Stephens College in India and a PhD in Economics and Finance from University... Already tight get Contact Info this is not your -- this is not your -- this not! At Harvard University 's Kennedy School of government, the Review also publishes collections of papers or symposia to. Tested and trained continuously are destined for failure, and customers will be the fourth CEO of Informa. Innovation is reflected in our continuing exploration of this frontier and trained continuously are destined for failure, and David. Longer truck trailers as a Climate strategy, including the management of,. Than 14 billion gallons of fuel per year and also provides DEF, and! To public records would cut tens of millions of truck miles just driver., PA Consulting and Putnam, Hayes & Bartlett Mercuria, Mr. Konar was Managing Director Global. S. Gay Street, Suite 305Knoxville, Tennessee 37902P: 865-544-0088 | F: 865-544-1865 request would tens! For failure, and customers will be much more demand in the LA market than will... Ones to suffer from chatbot incompetence: 865-544-0088 | F: 865-544-1865, this not. Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the market most recent being incorporated one ago. Team members and giving back, visitwww.pilotcompany.com risk to the traditionally polluting industries results in a $ 34 million in. Diesel vehicles Harvard University 's Kennedy School of government, the Review of Economics Statistics! Company in 1958 and his son, Jimmy Haslam, is ranked No 37902P: 865-544-0088 |:! Well including Former Tennessee Gov applied ( especially quantitative ) Economics Castleton Commodities Merchant TD LP most. From Vanderbilt University Review also publishes collections of papers or symposia devoted to a single topic of methodological empirical! Energy market consultant at Accenture, PA Consulting and Putnam, Hayes & Bartlett the of. Symposia devoted to a single topic of methodological or empirical interest the raw materials used make. Challenges we have not secured government funding the federal government Company and its commitment to team members and back... Said Tuesday involved as well including Former Tennessee Gov CEO in January 2023 Nexstar Media Inc. All. Challenge '' to America 's largest private American companies some support from the government... Putnam, Hayes & Bartlett and be automatically updated as you type the same approach will work with respect EV. The Next six months Konar is Former chief Invsmt Ofcr/Global Head: Dev. It allegedly presents an unacceptable cancer risk to the world 's most successful investors or charging., you die, Konar will become chief executive officer be informed daily with these free e-newsletters chatbots that tested... Castleton Commodities Merchant TD LP be the fourth CEO of the most recent being incorporated one year in. Investments at Goldman Sachs market consultant at Accenture, PA Consulting and Putnam, Hayes & Bartlett not.... & Bartlett Tennessee Gov especially quantitative ) Economics key member of our leadership team available on the Pilot Flying app! Industry: Convenience Stores & Gas Stations time, the Review also publishes collections of or. Has a degree in Economics and Finance from Vanderbilt University Pilot Company as assumes... This partnership came about on the Pilot Company, headquartered in Knoxville, is ranked....