Berkshire Hathaway invests in Pilot Flying J

Berkshire Hathaway invests in Pilot Flying J

Jimmy Haslam will continue as CEO; Pilot Flying J headquarters will remain in Knoxville, TN.

Berkshire Hathaway Inc. and Pilot Flying J announced today that Berkshire has made a minority investment in Pilot Travel Centers LLC. The Haslam family will continue to own a majority of Pilot Flying J, and Jimmy Haslam will remain as chief executive officer.

Pilot Flying J President Ken Parent and the company’s management team will also remain in place. The company will continue to be headquartered in Knoxville, TN.

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Source:: http://fleetowner.com/economics/berkshire-hathaway-invests-pilot-flying-j