Teekay LNG Partners Announces Change to Board of Directors
March 11 2014 - 4:15PM
Marketwired
Teekay LNG Partners Announces Change to Board of Directors
HAMILTON, BERMUDA--(Marketwired - Mar 11, 2014) - Teekay LNG
Partners L.P. (Teekay LNG or the Partnership)
(NYSE:TGP) announced that Ms. Beverlee F. Park has accepted an
invitation to join Teekay LNG's Board of Directors and to Chair its
Audit Committee, effective March 11, 2014. Ms. Park replaces Mr.
Robert E. Boyd who retired today from the Teekay LNG Board after
serving as a Director and Chair of its Audit Committee since
2005.
Ms. Park has extensive management and board experience in a
variety of industry sectors. She has served at the board, CEO, COO
and CFO level in publicly-traded, private and Crown corporations
and has experience in an array of operating environments in both
the domestic and offshore markets. Ms. Park was elected as a Fellow
of the Institute of Chartered Accountants of British Columbia in
2012. She has served on and acted as Chair of various audit
committees. Ms. Park is currently a board member of InTransit BC
and several community boards, including the Simon Fraser University
Beedie School of Business Dean's Advisory Board and the Simon
Fraser University Community Corporation.
"Ms. Park's extensive experience delivering shareholder value,
focusing on risk management and leading in a broad range of
operational environments, as well as her financial expertise, will
make her a valuable contributor to Teekay LNG's Board of Directors
as we continue to grow our LNG business," commented Mr. C. Sean
Day, Chairman of Teekay LNG's Board of Directors. "On behalf of the
entire Teekay LNG Board, I also wish to recognize Mr. Boyd for his
service as a Teekay LNG Director and Chair of its Audit Committee
for more than eight years and thank him for the significant
contributions he has made to Teekay during his tenure."
About Teekay LNG Partners L.P.
Teekay LNG Partners is the world's second largest independent
owner and operator of LNG carriers, providing LNG, LPG and crude
oil marine transportation services primarily under long-term,
fixed-rate charter contracts through its interests in 34 LNG
carriers (including one LNG regasification unit and five
newbuildings), 33 LPG/Multigas carriers (including five
chartered-in LPG carriers and 12 newbuildings) and nineconventional
tankers. The Partnership's interests in these vessels range from 33
to 100 percent. Teekay LNG Partners L.P. is a publicly-traded
master limited partnership (MLP) formed by Teekay
Corporation (NYSE:TK) as part of its strategy to expand its
operations in the LNG and LPG shipping sectors.
Teekay LNG Partners' common units trade on the New York Stock
Exchange under the symbol "TGP".
Investor Relations EnquiriesRyan Hamilton+1 (604)
609-6442www.teekaylng.com
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