document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 Nexstar Media Inc. All rights reserved. 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. Hes very smart, great work ethic, a very humble man, and I think understands people very well. Konar asked the committee to consider the EV charging experience for customers as they transition to electric vehicles. We are super excited about this. It's good to talk to you today. But a lot of what was expected coming from Build Back Better is no longer, at least right now. Informa Markets, a trading division of Informa PLC. 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. If you use a windshield cover, you can at least forget about scrapping the ice off your windshield to save some time and hassle. Whether encountering turbulent times or smooth sailing, leaders can look to a number of ways to keep a strong company culture. 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. Jimmy Haslam's tenure as CEO of the family operated Pilot Co. will come to an end with the arrival of 2021. "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, company president. The Review of Economics and Statistics is an 84-year old general journal of applied (especially quantitative) economics. We conclude that legally emitted toxic chemicals have a significant effect on the intangible asset value of publicly traded companies. Jim Haslam founded the company in 1958 and his son, Jimmy Haslam, is currently Chairman after 25 years serving as CEO. About Pilot Company The Press's enthusiasm for innovation is reflected in our continuing exploration of this frontier. For additional information about Pilot Company and its commitment to team members and giving back, visit www.pilotcompany.com. 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. "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. A 10% reduction in emissions of toxic chemicals results in a $34 million increase in market value. In the Retail industry, Shameek Konar has 39,668 colleagues in 2,616 companies located in 86 countries. Chief Strategy Officer Shameek Konar will become the fourth CEO of Pilot, ranked No. 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 . "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. Responding to a question from Rep. Bost (R-Ill.) as to how the private sector can help make EVs economically viable, Konar encouraged lawmakers to create a strong incentive for fuel retailers to invest in the infrastructure necessary to bring electric vehicle charging to market, similar to the Renewable Fuel Standard and the biodiesel tax credit. When joining the Pilot family, I was immediately drawn to the strong culture that Jimmy and the entire Haslam family created. (Podcast), Former Chief Invsmt Ofcr/Global Head:Business Dev, Castleton Commodities Merchant TD LP. SHAMEEK KONAR: You know, we've been-- at Pilot, we have this incredible network, where we can actually help solve range anxiety. Request Permissions. Representing NATSO was Pilot Company CEO Shameek Konar. 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. Why specifically that company? We report on a study that relates the market value of firms in the S&P 500 to objective measures of their environmental performance. And I think it helps us with EV adoption going forward. The companies will expand to over 500 industrial automation and system integration professionals. Headquartered in Knoxville, Tennessee, Pilot Company is the 7 th largest privately held company in the United States and employs 28,000 team members. When you go on a road trip or across the country, you don't change your behavior. With the investment, more than 265 jobs will be retained across all three plants. The model wont work for every business and may only be viable for companies able to adapt to a new way of working. Pilot Company is one of the leading suppliers of fuel and the largest operator of travel centers in North America. Bill Haslam and Whitney Haslam Johnson. Jimmy Haslam and his wife, Dee, also own the Cleveland Browns football team, which they bought in 2012 for $1.05 billion. You're going to stop to charge your car at the same location. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. Certainly a lot of excitement when that announcement first came down. Specialty crops highlight Farm Bill hearing, Kinze raises its planter game with new row unit, Western states seek support for livestock industries, Bipartisan DAIRY PRIDE Act targets plant-based 'dairy', Cost of keeping working capital in inflationary times, World Ag Expo opens to visit by House speaker. . Konar also urged the committee to improve policies that incentivize liquid renewable fuels such as biodiesel, renewable diesel and ethanol. Joining us with more on the launch is Pilot's CEO, Shameek Konar. FedEx CEO Fred Smith, meanwhile, touted longer truck trailers as a climate strategy. 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. The fluid reduces nitrous oxide emissions in diesel vehicles. The company is moving closer to closing the factory. The transition of Konar to the role of CEO will continue over the next six months. The House Transportation and Infrastructure Committee on March 17 held a four-hour hearing on business solutions to climate change. 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 company's chief strategy officer, as CEO at that time. New China Committee Debuts with Eye on Major Policy Shifts. With that move . 10 on Forbes' list of largest private American companies. A railway's request would cut tens of millions of truck miles just as driver shortages persist and truck availability is already tight. Biden to Nominate Julie Su as Next U.S. Labor Secretary. He did not push for an increase in truck weight limits. 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. Edited at Harvard University's Kennedy School of Government, The Review has published some of the most important articles in empirical economics. Google Shuts Down Trash-Sorting Robot Division. 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. Find out the challenges and triumphs of leading an energy, data and hospitality-obsessed company that is striving to put the driver first. 2023 Industrial Media, LLC. As a family operated company for 62 years, Founder James (Jim) Haslam and Jimmy Haslam will remain involved in the business as chairman emeritus and chairman, respectively. Trucks fill up at a truck stop in Northern California. His journalistic experience includes local daily and weekly newspapers, where he was recognized early in his career as an award-winning news photographer. And public-private partnerships like this would be the way for us to move forward. Why? 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. 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. AKIKO FUJITA: Well, General Motors and Pilot Company are partnering to make your EV commute smoother with the addition of roughly 2,000 charging stalls at Pilot travel centers across the US. 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. 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. 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. Stellantis Investing $155M in Three Indiana Plants. 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. Chatbots that arent tested and trained continuously are destined for failure, and customers will be the ones to suffer from chatbot incompetence. 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