| CEO Name | Lars H. Barstad |
| Nationality | Norway |
| Net Worth Estimation | $5 million |
Lars H. Barstad's estimated net worth of around $5 million is primarily attributed to his executive compensation, equity holdings, and performance incentives as CEO of Frontline Ltd., a leading oil tanker shipping company. Public disclosures and financial filings with regulatory authorities provide insight into his salary, stock options, and related assets contributing to this valuation.
Lars H. Barstad, CEO of Frontline Ltd., has an estimated net worth of $5,000,000, which is approximately 66.7% between the minimum ($1,000,000) and maximum ($7,000,000) CEO net worth range in the maritime industry. This places him well above the industry minimum, indicating strong financial standing among maritime CEOs.
Business Category: Maritime
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 7000000 USD
Lars H. Barstad Performance in Frontline Ltd.
Lars H. Barstad, CEO of Frontline Ltd., demonstrates strategic leadership focused on efficient decision-making that drives operational excellence in the shipping industry. Under his tenure, Frontline has optimized fleet performance and enhanced shareholder value through prudent capital allocation and market-responsive strategies. Barstad's impact is evident in improved financial metrics and strengthened market positioning, consolidating Frontline's status as a leading crude oil tanker operator.
Latest News
Frontline Ltd. and CEO Lars Barstadt: Recent Developments and Market Insights
Frontline Ltd., led by CEO Lars Barstadt, recently announced its 2025 Annual General Meeting and reported Q2 2025 earnings that beat revenue expectations but missed EPS forecasts. Barstadt highlighted a strong tanker market outlook despite industry challenges, while emphasizing strategic considerations to elevate the company's market valuation. The CEO also warned about the impact of shadow fleets and rising port fees, notably in China, affecting tanker operations and costs.
Source: http://www.nasdaq.com/market-activity/stocks/fro/news-headlines