| CEO Name | Kenneth Hvid |
| Nationality | Denmark |
| Net Worth Estimation | $5 million |
Kenneth Hvid's estimated net worth of around $5 million primarily stems from his compensation as CEO of Teekay Corporation, equity holdings, and performance-based incentives. Public filings, industry averages, and executive compensation disclosures contribute to this valuation.
Kenneth Hvid, CEO of Teekay Corporation, has an estimated net worth of $5,000,000, which is 67% of the maximum ($7,000,000) and 400% of the minimum ($1,000,000) CEO net worth in the maritime business category. His net worth places him in the upper-mid range among maritime CEOs.
Business Category: Maritime
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 7000000 USD
Kenneth Hvid Performance in Teekay Corporation
Kenneth Hvid, CEO of Teekay Corporation, demonstrates strategic leadership focused on optimizing operational efficiency and expanding the company's offshore and LNG fleet. His decision-making emphasizes sustainable growth, capital discipline, and innovative partnerships, significantly improving Teekay's market position and cash flow stability. Under Hvid's leadership, the company has enhanced its performance through fleet modernization and expanded its global footprint, driving long-term shareholder value.
Latest News
Teekay Corporation Q3 2025 Earnings and Leadership Update
Teekay Corporation reported strong Q3 2025 results with net income of $29.6 million and revenues of $228.5 million, driven by strategic fleet renewals and favorable spot tanker market conditions under new CEO Kenneth Hvid. Teekay Tankers, its key subsidiary, declared a $0.25 dividend and anticipates continued market strength amid rising global oil demand, while management changes consolidated leadership roles under Hvid for streamlined operations.
Source: http://www.teekay.com/blog/2025/10/30/recap-teekay-group-third-quarter-2025-earnings-results/