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Jim Haslam
James Arthur Haslam II (born December 13, 1930) is an American businessman, best known as the founder of Pilot Company, which operates a chain of convenience stores and travel centers throughout the United States and Canada, and is one of the largest privately owned companies in the United States. Haslam is also a donor for the University of Tennessee, having provided tens of millions of dollars to the school over several decades. Haslam's son Jimmy is the current owner of the National Football League's Cleveland Browns, Major League Soccer's Columbus Crew and National Basketball Association's Milwaukee Bucks, and his other son Bill is a former Governor of Tennessee and current owner of the National Hockey League's Nashville Predators.
Haslam was born in 1930 in Detroit, Michigan, the son of Melitta (Fry) and James Arthur Haslam. His father was a World War I veteran who was, at the time, working for the Studebaker Corporation. The family lived for a time in Pennsylvania before moving to St. Petersburg, Florida. Jim was a star football player at St. Petersburg High School, and had offers to play at several colleges. He eventually chose the University of Tennessee, following a recruiting visit from legendary U.T. coach Robert Neyland.
Haslam enrolled at the University of Tennessee in 1948. During the Volunteers' 1951 national championship season, he was a starter on an offensive line that helped his Sigma Chi fraternity brother, Hank Lauricella, to an All American season and a second-place finish in the voting for the Heisman Trophy. Haslam was a captain on the 1952 team, but missed the last few games of the season due to eligibility issues.
Following graduation, Haslam joined the United States Army, with the commission of Second Lieutenant. He spent several months in Korea following the 1953 armistice that ended combat operations in the Korean War. After returning to Tennessee, he turned down an offer to coach the South Pittsburg High School football team, and instead joined LaFollette, Tennessee-based Fleet Oil. After about a year, Fleet president Sam Claiborne appointed Haslam head of the company's new Sail Oil chain of stations.
In 1958, Haslam left Sail Oil to start his own company, having made an agreement with Claiborne that he would not compete in East Tennessee for three years. On October 9, 1958, Haslam and his first wife, Cynthia, incorporated Pilot Oil Corporation, the name of which was inspired by an insurance ad Haslam had seen while traveling in North Carolina. One month later, the company purchased its first filling station in Gate City, Virginia, for $6,000. This first station, which opened on November 20, 1958, had four fuel pumps, and sold cigarettes and soft drinks.
While waiting for his non-compete agreement with Fleet Oil to expire, Haslam focused on the Virginia and Kentucky areas. A former Pilot board member and early associate of Haslam, Jimmy Smith, later recalled that Haslam would sometimes spend days driving around a city, analyzing its traffic patterns, before deciding on a new location for a filling station. By 1965, Pilot had grown to a dozen stations, but was struggling with debt, and thus sold a 50% stake in the company to Marathon Oil. Marathon provided Pilot with a consistent supply of wholesale products and a $4 million loan, which allowed the company to further expand.
In 1974, Haslam's wife, Cynthia, died suddenly, and his eldest son, Jimmy, then a student at U.T., took her place on the company's board of directors. Shortly afterward, Pilot expanded into the convenience store market. In 1981, Pilot opened its first travel center in Corbin, Kentucky, a move inspired by a visit to fellow U.T. alum Ken Pritchard, who was operating a travel center in Slidell, Louisiana. As Marathon began to complain about Pilot's expansion efforts, Haslam bought out Marathon's share of the company in 1988.
In 1994, Pilot acquired 11 Pro Stop stations, making it the nation's second-largest truck stop chain. By 1995, Pilot was operating over 80 travel centers in 33 states and 51 convenience stores in Tennessee and Virginia, and employed over 4,000 people. That year, Haslam's son, Jimmy, moved up to CEO, while his other son, Bill, moved up to president. Haslam became the company's chairman.
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Jim Haslam
James Arthur Haslam II (born December 13, 1930) is an American businessman, best known as the founder of Pilot Company, which operates a chain of convenience stores and travel centers throughout the United States and Canada, and is one of the largest privately owned companies in the United States. Haslam is also a donor for the University of Tennessee, having provided tens of millions of dollars to the school over several decades. Haslam's son Jimmy is the current owner of the National Football League's Cleveland Browns, Major League Soccer's Columbus Crew and National Basketball Association's Milwaukee Bucks, and his other son Bill is a former Governor of Tennessee and current owner of the National Hockey League's Nashville Predators.
Haslam was born in 1930 in Detroit, Michigan, the son of Melitta (Fry) and James Arthur Haslam. His father was a World War I veteran who was, at the time, working for the Studebaker Corporation. The family lived for a time in Pennsylvania before moving to St. Petersburg, Florida. Jim was a star football player at St. Petersburg High School, and had offers to play at several colleges. He eventually chose the University of Tennessee, following a recruiting visit from legendary U.T. coach Robert Neyland.
Haslam enrolled at the University of Tennessee in 1948. During the Volunteers' 1951 national championship season, he was a starter on an offensive line that helped his Sigma Chi fraternity brother, Hank Lauricella, to an All American season and a second-place finish in the voting for the Heisman Trophy. Haslam was a captain on the 1952 team, but missed the last few games of the season due to eligibility issues.
Following graduation, Haslam joined the United States Army, with the commission of Second Lieutenant. He spent several months in Korea following the 1953 armistice that ended combat operations in the Korean War. After returning to Tennessee, he turned down an offer to coach the South Pittsburg High School football team, and instead joined LaFollette, Tennessee-based Fleet Oil. After about a year, Fleet president Sam Claiborne appointed Haslam head of the company's new Sail Oil chain of stations.
In 1958, Haslam left Sail Oil to start his own company, having made an agreement with Claiborne that he would not compete in East Tennessee for three years. On October 9, 1958, Haslam and his first wife, Cynthia, incorporated Pilot Oil Corporation, the name of which was inspired by an insurance ad Haslam had seen while traveling in North Carolina. One month later, the company purchased its first filling station in Gate City, Virginia, for $6,000. This first station, which opened on November 20, 1958, had four fuel pumps, and sold cigarettes and soft drinks.
While waiting for his non-compete agreement with Fleet Oil to expire, Haslam focused on the Virginia and Kentucky areas. A former Pilot board member and early associate of Haslam, Jimmy Smith, later recalled that Haslam would sometimes spend days driving around a city, analyzing its traffic patterns, before deciding on a new location for a filling station. By 1965, Pilot had grown to a dozen stations, but was struggling with debt, and thus sold a 50% stake in the company to Marathon Oil. Marathon provided Pilot with a consistent supply of wholesale products and a $4 million loan, which allowed the company to further expand.
In 1974, Haslam's wife, Cynthia, died suddenly, and his eldest son, Jimmy, then a student at U.T., took her place on the company's board of directors. Shortly afterward, Pilot expanded into the convenience store market. In 1981, Pilot opened its first travel center in Corbin, Kentucky, a move inspired by a visit to fellow U.T. alum Ken Pritchard, who was operating a travel center in Slidell, Louisiana. As Marathon began to complain about Pilot's expansion efforts, Haslam bought out Marathon's share of the company in 1988.
In 1994, Pilot acquired 11 Pro Stop stations, making it the nation's second-largest truck stop chain. By 1995, Pilot was operating over 80 travel centers in 33 states and 51 convenience stores in Tennessee and Virginia, and employed over 4,000 people. That year, Haslam's son, Jimmy, moved up to CEO, while his other son, Bill, moved up to president. Haslam became the company's chairman.
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