The CEO of one of the largest truck stop chains in the US will resign in late 2020.
On July 21, Pilot Company announced that current CEO Jimmy Haslam will resign at the end of the year.
Starting January 1, 2021, Pilot’s current Chief Strategy Officer Shameek Konar will take over as CEO.
Jimmy Haslam will remain with the company as president. Company founder James Haslam will also remain with Pilot as president emeritus.
“From day one with Pilot in 2017, Shameek has demonstrated his dedication to advancing our company and the industry,” said Jimmy Haslam, current CEO of Pilot Company. “Shameek has successfully launched and developed our Pilot Energy business and has become a key member of our leadership team. His knowledge of the energy sector, including experience in the acquisition, development and operations of infrastructure assets and resources, and his deep appreciation of Pilot’s culture and values are some of the reasons why we chose him to be our next CEO. . We are confident that Shameek will continue to grow our family’s business legacy. ”
In 2017, Berkshire Hathaway Inc. from Warren Buffett acquired a 38.6% stake in Pilot, leaving the Haslam family with a majority stake of 50.1%. At the time the deal was completed, Berkshire Hathaway said they intended to acquire an additional 41.4% stake in Pilot in 2023, leaving the Haslam family with 20%.
James Haslam founded Pilot Corporation in 1958 and continued to be a family business for the next 62 years. The Pilot Flying J truck stop network currently provides around 74,000 truck parking spaces in 44 states and 6 Canadian provinces.
