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Knoxville,
TN – April 2023 / Newsmaker Alert: Pilot
Company, one of the leading suppliers of fuel and the largest operator
of travel centers in North America, announces that Adam
Wright will be joining the company as Chief Executive Officer and Joe
Lillo will become Chief Financial Officer, officially taking their
positions on May 30, 2023.
After
Berkshire Hathaway (NYSE: BRK.B) became majority owners of Pilot Company
on January 31, 2023, they identified Wright and Lillo, longtime Berkshire
Hathaway executives, for these key leadership roles to deliver on the company’s
long-term growth and vision plans. Shameek Konar and Kevin Wills will be
leaving their respective positions after supporting the transition.
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Wright
has over two decades of experience as a leader in the energy sector and
brings expertise in strategic planning and operational excellence. He joined
Berkshire Hathaway in 1996 and has served in various executive management
roles in the energy sector including most recently serving as Executive
Vice President of Operations and Chief Operating Officer for one of the
nation’s largest combined natural gas and electric providers.
Lillo
has been an integral part of the Berkshire Hathaway Energy family of businesses
for more than 25 years. He has significant expertise in enhancing financial
controls, managing risk, and driving responsible value creation.
“Pilot
Company has become one of the most future-forward companies in our industry.
Adam’s energy expertise, leadership, and focus on customer satisfaction
will help ensure Pilot Company remains a pillar of North America’s transportation
ecosystem for decades to come,” said Greg Abel, Vice Chair, Non-Insurance
Operations for Berkshire Hathaway. “From the beginning of our journey together,
Berkshire Hathaway recognized Pilot Company as a strong business that was
well-positioned for the long term and was backed by an innovative and hardworking
team. I am confident Adam and Joe have a solid platform from which to propel
the company forward.”
As
the nation’s largest travel center network, Pilot Company has continued
to expand its footprint and prepare for the future of travel, including
an investment of $1B in its New Horizons store modernization initiative
and installing a coast-to-coast network of EV fast-chargers at many of
its locations across the country. Pilot Company’s energy division is operating
at record highs to fuel its growing travel center network and support its
customers through the industry’s energy transformation.
“It’s
an honor to join the Pilot family and to lead such an influential company
that has fueled millions of journeys over the past 65 years,” said Wright.
“Pilot remains focused on meeting the unique needs of our pro drivers,
fleets, guests, and Team Members while advancing a strong company strategy
that positions us for the future.”
The
Haslam family continues to be an integral part of the company with 20 percent
ownership and James A. Haslam II, founder of Pilot Company, and James A.
“Jimmy” Haslam III as members of the Board.
“I
want to thank Shameek and Kevin for all that they have done for Pilot Company.
They have been instrumental in leading our over 30,000 Team Members through
several years of growth and innovation,” said Jimmy Haslam. “While we express
our utmost gratitude to them, I also want to welcome Adam, Joe and their
families to Pilot Company and to the Knoxville community.”
This
next generation of leadership will build upon the company’s long-standing
commitment to its team members, the community, and the industry. Pilot
Company will remain headquartered in Knoxville, Tennessee and has a compelling
growth strategy in place with a bright future ahead as it aims to be the
preferred choice for all interstate drivers.
About
Pilot Company
Pilot
Travel Centers LLC (“Pilot Company”) keeps North America’s drivers
moving as one of the leading suppliers of fuel and the largest operator
of travel centers. Founded in 1958 and headquartered in Knoxville, Tennessee,
Pilot
Company has grown its network to more than 870 locations serving an
average of 1.3 million guests per day and providing over 70,000 fleet customers
with solutions for fuel, credit, factoring, services and rewards. Pilot
Company has the third largest tanker fleet in North America with over 1,500
trucks that supply approximately 14 billion gallons of fuel per year and
provide hauling and disposal services to the oil field sector. As a fuel
and energy leader, Pilot Company is the largest provider of biodiesel and
renewable fuels and is paving the way to the future by developing an EV
charging network and low carbon fueling alternatives. Its Pilot
and Flying J travel center network includes over 750 locations in 44
states and six Canadian provinces with more than 790 restaurants, 77,000
truck parking spaces, 5,500 deluxe showers, 6,300 diesel lanes and truck
maintenance and tire service with Southern Tire Mart at Pilot Flying J.
The One9 Fuel Network connects
a variety of fueling locations to provide smaller fleets and independent
professional drivers with everyday value, convenience, credit and perks.
More information on locations and rewards are available in the myRewards
Plus™ app.
Pilot
Company is a majority owned subsidiary of Berkshire Hathaway. For additional
information about Pilot Company, its 30,000 team members and commitment
to giving back, visit www.PilotCompany.com.
Media
Contact:
Stephanie
Myers
Manager,
Media & Public Relations
Pilot
Company
865-474-4096
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