The CEO of one of the largest truck stop chains in the U.S. will step down at the end of 2020.
On July 21, the Pilot Company announced that current CEO Jimmy Haslam will step down at the end of the year.
As of January 1, 2021, Pilot’s current Chief Strategy Officer Shameek Konar will take on the role of CEO.
Jimmy Haslam will remain with the company as chairman. Company founder James Haslam will also remain with Pilot as chairman emeritus.
“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. “Shameek has successfully launched and grown our Pilot Energy business and become a key member of our leadership team. 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. We have full confidence that Shameek will continue to grow the legacy of our family’s business.”
In 2017, Warren Buffett’s Berkshire Hathaway Inc. acquired a 38.6% stake in Pilot, leaving the Haslam family with a 50.1% majority interest. At the time that deal was completed, Berkshire Hathaway said that they intended to acquire an additional 41.4% stake in Pilot in 2023, leaving the Haslam family with 20%.
James Haslam founded the Pilot Corporation in 1958 and it remained a family-operated 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.