Jimmy Haslam Biography
Jimmy Haslam (James Arthur Haslam III) is the CEO of the Pilot Flying J truck stop chain and along with wife, Dee, as a co-owner, is owner of the Cleveland Browns of the National Football League and the co-owner of the Columbus Crew SC of Major League Soccer.
Jimmy Haslam Education
He attended the University of Tennessee where he was a roommate of Bob Corker, who went on to become a United States Senator from Tennessee. He is a member of the Sigma Chi fraternity.
Jimmy Haslam Age | How Old Is Jimmy Haslam?
Haslam was born on March 9, 1954 in Knoxville, Tennessee, United States. He is 65 years old as of 2019.
Jimmy Haslam Family
Haslam is the son of Jim Haslam and Cynthia Haslam (deceased). His father, fellow businessman founded the Pilot Corporation in 1958 as the Pilot Oil Corporation. Haslam is the elder brother of Ann Haslam, and Bill Haslam, the former Governor of Tennessee.
Jimmy Haslam Wife
Haslam is married to Susan “Dee” Bagwell Haslam, CEO of RIVR Media, part of the family ownership group of Pilot and co-owner of the Browns and Crew. The couple has three children, James Oakley (from Dee’s first marriage), Whitney H aslam Johnson, and Cynthia Haslam Arnholt and five grandchildren.
Jimmy Haslam Daughter
Haslam’s daughter, Whitney Haslam Johnson, is the chief experience officer at Pilot Flying J.
Jimmy Haslam Net Worth
Haslam has an estimated net worth of 2.8 billion USD as of 2019 which he has earned through being a successful businessman, MLS and NFL team owner.
Jimmy Haslam Pilot Flying J
Haslam began his career at Pilot Corporation in 1976. In 1980, he was named vice president of sales, development and operations. At that time, Pilot operated 100 convenience stores with annual fuel sales of about 125 million gallons.
Pilot opened its first travel center in 1981, and by 1996 the same year Jimmy Haslam was named president and chief executive officer – the company operated 96 travel centers and 50 convenience stores and its total gallon sales had reached 1.2 billion. Pilot Corporation attained yet another milestone in 2001 when it joined with Marathon Ashland Petroleum LLC to form Pilot Travel Centers LLC.
In 2008, Pilot Corporation announced that CVC Capital Partners had acquired 49.8% interest in Pilot Travel Centers LLC, facilitating the sale by Marathon Petroleum Company (formerly Marathon Ashland Petroleum) of its interest in Pilot Travel Centers. Pilot Corporation retained 50% ownership of Pilot Travel Centers LLC.
The Haslam family acquired all of CVC Capital Partners’ shares in the company in 2015. Pilot’s convenience store operations continue to be fully owned by Pilot Corporation. In 2010, Pilot Travel Centers LLC joined with Flying J Inc. In 2012, Pilot Flying J acquired Western Petroleum and the majority ownership of Maxum Petroleum and in 2012 formed Maxum Enterprises LLC, d/b/a Pilot Logistics Services.
Pilot Logistics Services merged with Thomas Petroleum in 2014 to form Pilot Thomas Logistics. Pilot Flying J subsidiary Pilot Thomas Logistics is one of the fastest growing energy logistics companies in North America.
Pilot Flying J is one of the largest top 10 privately held companies in the United States and employs more than 24,000 employees. It’s network provides customers with access to more than 70,000 parking spaces for trucks, 4,800 showers and 4,300 diesel lanes featuring DEF at the pump.
In April 2013, the FBI executed a search warrant and affidavit detailing a five-year fraud scheme by the Pilot Flying J chain. The Pilot Flying J paid restitution to customers and agreed to pay a $92 million penalty pursuant to a Criminal Enforcement Agreement.
Jimmy Haslam Browns | Jimmy Haslam NFL
In 2008, Haslam bought a minority interest in the Pittsburgh Steelers. In 2012, Haslam reached an agreement with Browns owner Randy Lerner to purchase the franchise for $1 billion. In 2011, the Browns were valued at $977 million by Forbes magazine, 20th in the NFL. NFL rules prohibit ownership in multiple teams and so Haslam sold his interest in the Steelers.
His purchase of the Browns was unanimously approved by the 32 teams in the NFL on October 12; the sale itself closed thirteen days later.
Since officially taking over the Browns seven games into the 2012 season, Haslam has a 21-75-1 record as team owner.
Jimmy Haslam Columbus Crew
In late 2018, reports emerged that Jimmy Haslam had purchased Major League Soccer club Columbus Crew SC from Anthony Precourt, who wanted to move the club to Austin, Texas.
On January 1, 2019, Haslam, along with his wife Dee and former team physician Pete Edwards, took over as owners as a deal to purchase the club from Precourt was finalized.
Jimmy Haslam Awards and Honors
- Jr. Achievement of East Tennessee Business Hall of Fame (class of 2007)
- Significant Sig Award from the Sigma Chi Foundation
- 2010 Ernst & Young Entrepreneur of the Year Award
- 2011 University of Tennessee College of Business Administration’s Distinguished Alumni Award
Jimmy Haslam Previous directorial works
- University of Tennessee Athletics
- Innovation Valley, Inc.
- First Horizon Corporation
- Clayton Family Foundation
- Federal Reserve Board Energy Advisory Council
- National Association of Convenience Stores Leadership Council
- Cleveland Clinic