Teekay management changes
Teekay Corporation has announced that C. Sean Day will be stepping down from his role as chairman of both Teekay and Teekay Offshore effective June 15th, 2017 but will remain as a Board member of both Teekay and Teekay Offshore. Current Teekay Director, William P. Utt, will replace Day as Teekay’s chairman. William will also join and serve as chairman of the Teekay Offshore Board of Directors, effective June 15th, 2017.
C. Sean Day said: “I am very pleased that Bill Utt will be taking over the chairmanship of both the Teekay and Teekay Offshore Boards of Directors. After 18 years chairing the Teekay Corporation Board, and 11 years chairing the Teekay Offshore Board, I believe now is the right time for me to pass on the Board leadership to Bill, who has extensive experience in the energy industry and an appreciation of Teekay’s culture.”
William has been a Teekay Board member since December 2015, and has more than 30 years of engineering and energy industry experience. Until his retirement in 2014, he served as Chairman, President and CEO of KBR, a global engineering, construction and services company. Before that, he served as the President and CEO of SUEZ Energy North America and President and CEO of Tractebel’s North American energy businesses. He also currently serves as chairman on the Board of Directors at Cobalt International Energy.
For more information visit www.teekay.com
13th March 2017
