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Teekay Announces Senior Management Change

Maritime Activity Reports, Inc.

April 4, 2013

Photo: Teekay Corporation

Photo: Teekay Corporation

Teekay Corporation announced that Geir Sekkesaeter, Senior Vice President, Conventional Fleet Operations, and Head, Technical, Safety and Quality, has decided to leave Teekay for personal reasons, effective as of March 31, 2013.

Mr. Sekkesaeter's responsibilities have been transferred to the respective Business Unit Presidents of the Conventional, Shuttle, and Gas fleets, each of whom is a member of the Teekay Senior Leadership Team.