This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. /PRNewswire/ -- Castleton Commodities International LLC ("CCI" or the "Company") today announced the hiring of Shameek Konar as Chief Investment Officer and. UP told customers in April it neededto ease traffic jams in the supply chain and would begin metering deliveries if customers didn't voluntarily reduce inventory. Shameek Konar will become chief executive officer of Knoxville-based Pilot Company beginning in 2021, the company said Tuesday. 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. And a Car. Shameek Konar has been working as a Chief Executive Officer at Pilot Flying J for 6 years. Shameek Konar Overview. 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. 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: You know, EVgo's got a great leadership team that has been focused on trying to innovate in the charging space. Visit Pilot Company Listen to more FreightWaves Podcasts Subscribe on Apple Podcasts With that move, current CEO Jimmy Haslam, son of founder James (Jim) Haslam, will become chairman of the board. 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. , spent much of his journalism career covering agriculture in California and the western United States. Earlier in his career, he was a senior energy market consultant at Accenture, PA Consulting and Putnam, Hayes & Bartlett. With $180 million in sales last year, Whisker aims to get stinking rich from the business of kitties doing their business. 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. So I think people are being way more cautious about the amount of money they're spending, and it is impacting our sales. BRIAN CHEUNG: Shameek, why EVgo? For all alerts and more info please SHAMEEK KONAR: You know, we've been-- at Pilot, we have this incredible network, where we can actually help solve range anxiety. Avoid making these seven mistakes to craft a stronger, more resilient retail strategy for your product business. 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. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently. Because there will be much more demand in the LA market than there will be in Texas. Headquartered in Knoxville, Tennessee, Pilot Company is the 7 th largest privately held company in the United States and employs 28,000 team members. 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. 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. I mean, how much does that cost a company to do that, right? Pilot Company is currently ranked No. 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. But a lot of what was expected coming from Build Back Better is no longer, at least right now. Number 8860726. 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. Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. 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. With the investment, more than 265 jobs will be retained across all three plants. Google Shuts Down Trash-Sorting Robot Division. NATSO thinks that policies to advance the adoption of electric vehicles should foster a dynamic and competitive marketplace that encourages private sector investment in electric vehicle charging infrastructure, and avoid harming those businesses best positioned to accelerate EVs in the market. The rest of Pilots leadership team will remain in place. For additional photo and video assets, please visit this link. And I think it helps us with EV adoption going forward. BRIAN CHEUNG: Shameek Konar, CEO of the Pilot Company, thanks so much for stopping by this morning. Representing NATSO was Pilot Company CEO Shameek Konar. 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 National Read Across America Day takes place every year on March 2, Geisels birthday. The transition of Konar to the role of CEO will take place over the next six months. 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. "Union Pacific's restrictions will prevent Pilot from keeping many markets adequately supplied with DEF, likely causing shortages that will sideline trucks and reduce trucking capacity.". Ukrainian Pilots Could Toss Their New GPS-Guided Bombs 50 Miles Behind Russian Lines, Four-Day Workweeks May Be The Future For Startups, One Pilot Program Suggests, Americas Largest Private Companies 2022: Twitter And Continental Resources Join The Ranks, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Pilot Company has more than 750 travel center locations in 44 states and six Canadian provinces that serve professional drivers and travelers with over 680 quick-serve restaurants, truck parking, deluxe showers, Wi-Fi, supplies, general merchandise and a wide variety of quality food and beverages. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. It reportedly paid $2.76 billion for a 38.6% share of Pilot in 2017. SHAMEEK KONAR: Great questions. 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. Diesel-powered tractors also require DEF. Shameek Konar serves as Pilot Company's chief executive officer. . 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 gas station and rest stop chain. The aircraft are already here. The way we can do this is to get some support from the federal government.. 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. As CEO, store operations and development will be added to Konars role in 2021. In your announcement, you mentioned government grants, incentives, included in the cost, the overall cost. Konar joined Pilot in 2017 to grow its energy business. 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.". 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. Talk to me about how this partnership came about. "Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. 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. And the answer would be no, absolutely not. 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. The model wont work for every business and may only be viable for companies able to adapt to a new way of working. The Press's enthusiasm for innovation is reflected in our continuing exploration of this frontier. Moxley Carmichael. 10 on Forbes list of Americas Largest Private Companies. So our hope is not to change customer behavior. Konar encouraged lawmakers to structure and implement policies that encourage utilities and fuel retailers to focus where each is most productive. 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. Pilot Company remains family owned and operated with Shameek Konar as CEO since 2021. Pilot Company is currently ranked No. 10 on Forbes list of Americas largest private companies. Youve gone from two minutes to fuel a car to 40 minutes or 30 minutes to charge your car. The company supplies more than 14 billion gallons of fuel per year and also provides DEF, bio and renewables to the market. That . Lawmakers hope to overcome partisan divisions and address a "generational challenge" to America's national security. Konar is currently Pilots chief strategy officer. When typing in this field, a list of search results will appear and be automatically updated as you type. He did not push for an increase in truck weight limits. But at this point, we have not secured government funding. Since the late 1960s, we have experimented with generation after generation of electronic publishing tools. The companies were formed over a twenty year period with the most recent being incorporated one year ago in May of 2021. Pilot Flying J Location 5508 Lonas Dr, Knoxville, Tennessee, 37909, United States Description Industry Not only would prices go up for DEF, which is now the highest it's ever been at nearly $4 per gallon. 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. Flying low and fast toward the front line, a Ukrainian jet lugging a load of JDAM-ERs would pitch up and toss the bombs like a softball pitcher underhanding strikes. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. Media Contacts: Edelman Mike Geller +1 (212) 729-2163 [emailprotected], SOURCE Castleton Commodities International LLC, Cision Distribution 888-776-0942 We report on a study that relates the market value of firms in the S&P 500 to objective measures Request Permissions. It's good to talk to you today. During his tenure at Goldman, Mr. Konar was part of a team that led the expansion of the firm's physical commodity platform into physical natural gas and crude oil, and was responsible for managing the firm's investments in coal mining in Australia and Colombia, and its power and biofuels investments in North America. Because there aren't enough EVs out in the market at this point in time. It allegedly presents an unacceptable cancer risk to the nearby community. 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. 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