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Crowley has been named a top employer in Central America by Revista Summa and an admired company in Honduras by Revista Estrategia&Negocios. These recognitions highlight our commitment to creating an engaging culture and delivering value through strong partnerships and leadership. We’re thrilled to close the year celebrating excellence and trust.
We are committed to empowering and investing in the next generation of maritime leaders. This year, 17 students from seven maritime academies and universities in the U.S. and El Salvador have been awarded the Thomas B. Crowley Sr. Memorial Scholarship. Each recipient demonstrated exceptional academic achievement and a commitment to advancing the maritime industry. Since 1984, we have provided more than $3 million in scholarships to over 1,000 students, reinforcing our belief that education and opportunity are the anchors of a thriving industry. Join us in celebrating these outstanding scholars and the bright future they represent.
We are pleased to announce the appointment of Jennifer Leonard as Chief People Officer, effective January 1, 2026. Since joining Crowley in 2023 as Vice President of Talent and Culture, Jen has been instrumental in advancing our human capital strategy. She has led initiatives that strengthen employee experience, engagement, and learning while aligning talent development with business outcomes. As chief people officer, Jen will oversee enterprise-wide People and Culture functions, including talent acquisition, HR, compensation and benefits, and engagement programs. She will also spearhead workforce development for marine and professional careers, ensuring Crowley remains an employer of choice in the maritime, logistics and energy sectors. Her leadership reflects our commitment to creating a workplace where collaboration, accountability, performance and innovation thrive.
We are excited to share that beginning Jan. 1, Megan Davidson will step into the role of chief operating officer of Crowley, succeeding Ray Fitzgerald. Ray, who's driven operational excellence as COO here for five years, and led across our industry for four decades, will continue as an advisor until his mid-2026 retirement. Megan has spent her time at Crowley building systems that help teams move faster: clear goals, leadership standards, accountability. Now she's bringing that same clarity and high performance leadership to operations. This seamless succession positions Crowley for continued growth as a U.S.-based supply chain leader.
Recently, Crowley team members partnered with Junior Achievement of North Florida to empower the next generation with financial literacy and real-world lessons in business, supply chain, logistics and maritime careers. Their collective efforts, alongside JA Heroes, reached 37 classrooms and nearly 1,000 students, a powerful example of how volunteerism fuels stronger communities and future-ready talent. Thank you to our employees and partners for making a lasting impact today and every day.
We are honored to be recognized by the Chamber of Shipping of America with their Environmental Achievement Awards for 108 vessels across our fleet of tugs, barges, government vessels, container ships and tank vessels. Together, these vessels represent 958 years of safe operations without a single incident. This recognition reflects the strength of our safety management systems and the expertise of our mariners and shoreside teams. Their commitment to operational excellence and environmental responsibility continues to set a benchmark for the maritime industry.
Crowley sharpened its sustainability strategy to focus on what matters most for long-term success: ✅ Unified safety and environmental governance ✅ Advanced cybersecurity standards These actions strengthen trust and position us for sustainable growth.
Investing in people and communities is how we grow responsibly. Consider these highlights about the power of strategic partnerships, business resource groups, and volunteerism in uplifting communities and cultivating future leaders. ✅ Installed Starlink internet across our fleet to improve safety and connectivity. ✅ 169 cadets trained aboard Crowley vessels ✅ 10,000+ students reached through education programs ✅ 7,300 volunteer hours and 200+ charities supported
We’re proud to celebrate our mariners who were recognized by the United Seamen’s Service at the 2025 Admiral of the Ocean Sea (AOTOS) Awards, one of the maritime industry’s most prestigious ceremonies honoring maritime excellence and heroism at sea. The crew of the tanker Stena Immaculate earned the AOTOS Special Recognition Plaque for their bravery and quick response when the tanker was struck by a container ship while at anchor, while the El Coquí crew received the Mariner’s Plaque for assisting in the rescue of four U.S. boaters after their sailboat sank north of the Dominican Republic. Their actions exemplify our unwavering dedication to safety and why we continuously invest in training and preparedness. These individuals define the highest standards of maritime professionalism, and we are honored to see them recognized for their extraordinary efforts. Photo credit: American Maritime Officers Photo: Chief Mate Jaime Torres (center left) accepted the award on behalf of the El Coquí crew and Third Mate Jeff Griffin (center right) accepted the award on behalf of the crew of the Stena Immaculate.
Innovation drives sustainability. Crowley is advancing improved emission-intensity maritime solutions through use and supply of LNG, while reducing waste through smarter asset management. Here are some of our 2024 sustainability highlights: ✅ Largest U.S. LNG barge commissioned ✅ Tire retreading that saves 80% of materials ✅ Chassis refurbishment that extends its life by 12 years