New CEO at Teekay Tankers

Teekay Tankers Ltd. has announced the appointment of Mr. Kevin J. Mackay as Chief Executive Officer (CEO) of Teekay Tankers, effective June 20, 2014.

Mr. Mackay will join Teekay Tankers from Phillips 66 Corporation, where he is currently head of the global marine business unit for this industry-leading downstream company.

Teekay’s new CEO said, “Teekay Tankers is a well-established leader in the tanker business and I have followed its performance closely over the years.

I am excited to be given the opportunity to lead the Teekay Tankers team.

Their well-deserved reputation for operational excellence and customer focus puts us in a great position to take advantage of a tanker market recovery.”

Mr. Mackay will be relocating to Vancouver in the coming weeks to effect the transition of leadership from the current CEO, Bruce Chan, who has resigned effective June 20, 2014.

[mappress]

May 28, 2014