Teekay LNG Partners Announces CFO Transition
June 29 2018 - 6:59AM
Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP)
announced today that Brody Speers, the current Chief Financial
Officer (CFO) of Teekay Gas Group Ltd., a management services
company that provides services to the Partnership and its
subsidiaries, has been appointed as Vice President, Corporate
Finance, of Teekay Shipping (Canada) Ltd. (Teekay) and Scott
Gayton, who currently serves as a Vice President at Teekay, has
been appointed to assume the CFO position from Mr. Speers.
Mr. Gayton brings over 20 years of finance and
accounting experience, including most recently serving as CFO of
Tanker Investments Ltd. from the time of its initial public
offering until its merger with Teekay Tankers Ltd. (NYSE:TNK).
Mr. Gayton will also continue to oversee capital markets
transactions across the Teekay Group.
Mark Kremin, President and CEO of Teekay Gas
Group Ltd. commented, “I would like to thank Brody for his
dedication to Teekay LNG and particularly his instrumental role in
the successful financing of the Partnership’s market-leading
newbuilding program. I wish him continued success in the
transition to his new role where he will serve as a key member
of Teekay’s finance team. At the same time, I look
forward to working with Scott as we continue executing on Teekay
LNG’s strategic plan.”
About Teekay LNG
Teekay LNG Partners is one of the world’s
largest independent owners and operators of LNG carriers, providing
LNG, LPG and crude oil marine transportation services primarily
under long-term, fee-based charter contracts through its interests
in 49 LNG carriers (including 11 newbuildings), 29 LPG/Multigas
carriers (including one newbuilding) and four conventional tankers.
The Partnership’s interests in these vessels range from 20 to 100
percent. In addition, the Partnership owns a 30 percent interest in
a regasification facility, which is currently under construction.
Teekay LNG Partners is a publicly-traded master limited partnership
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 and preferred
units trade on the New York Stock Exchange under the symbols “TGP”,
“TGP PR A” and “TGP PR B”, respectively.
For Investor Relations enquiries
contact:
Ryan HamiltonTel: +1 (604) 609-2963Website: www.teekay.com
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