Rank #2460

UNITED STATES•Logistics•Shipping

Thomas Crowley Jr

Net Worth

$1.5B

0% (24h)

Thomas Crowley Jr. is the Chairman and majority owner of Crowley Maritime Corporation, a $3.5 billion (revenue) U.S.-owned and operated maritime, energy, and logistics solutions company. As the third generation to lead the family business, Crowley has overseen the company's growth and innovation for over 30 years, since taking over in 1994. Under his leadership, Crowley Maritime has expanded its services globally, employing approximately 7,000 people and maintaining a fleet of over 170 vessels. Crowley has been instrumental in driving the company's commitment to sustainability and innovation, including the development of new energy solutions and the adoption of cleaner fuels, while also expanding the company's reach in government and commercial sectors. His career at Crowley Maritime started early, gaining hands-on experience, and later earning a business finance degree from the University of Washington.

The Full Dossier

Early Life

Thomas B. Crowley Jr. was born in San Francisco, California. He spent his youth gaining hands-on experience within the family business, cleaning tugboats, scraping barnacles, and off-loading equipment. He earned a business finance degree from the University of Washington. Crowley's early involvement in the company instilled in him a deep understanding of its operations and a commitment to the maritime industry.

Rise to Success

Crowley began his career with the company by working odd jobs during high school and college summers. After college, he managed the loading and unloading of container ships. In 1991, he became the general manager of the Red & White Fleet, the company's passenger service in San Francisco Bay. Following the passing of his father in 1994, Thomas Crowley Jr. took over as CEO and Chairman of Crowley Maritime Corporation at the age of 27.

Key Business Strategies

Under Thomas Crowley Jr.'s leadership, Crowley Maritime has focused on expanding its services and innovating within the maritime and logistics sectors. He has steered the company towards sustainability, constructing the first LNG-powered combination container/roll-on roll-off (ConRo) ships. Crowley has also expanded the company's government services, including a significant contract with the Department of Defense. Moreover, he has overseen Crowley's entry into new energy markets, such as offshore wind.

Philanthropy

Crowley Maritime has supported various charitable initiatives. The company’s mission includes volunteerism to improve education, health and wellness of its employees and communities. Crowley has also supported disaster relief efforts, including providing assistance after Hurricane Maria in Puerto Rico and the 2010 Haiti earthquake.

Career Timeline

2023

eWolf Launch

Crowley took delivery of the eWolf, the first all-electric harbor tugboat in the U.S..

2017

Department of Defense Contract

Crowley secured a major contract to manage the logistics of shipping equipment for the Department of Defense.

2001

Direct Cargo Delivery to Cuba

Crowley became the first U.S. ocean carrier in 40 years to transport commercial cargo directly from the U.S. to Cuba.

1994

CEO and Chairman of Crowley Maritime

Thomas B. Crowley Jr. became the CEO and Chairman, succeeding his father.

1892

Crowley Maritime Founded

Thomas Crowley Sr. founded Crowley Maritime, starting with a single 18-foot rowboat providing services to ships in San Francisco Bay.

Philanthropic Impact

Education$UNKNOWN

Crowley Maritime Corporation Scholarship

Benefits students attending the Williams-Mystic Program at Mystic Seaport.