The directors of Teekay GP L.L.C., the general partner of Teekay LNG Partners, oversee the partnership’s business and operations. The day-to-day affairs of Teekay LNG Partners’ business are managed by the officers of the general partner and key employees of Teekay LNG Partners’ operating subsidiaries. Employees of some of Teekay Corporation’s subsidiaries, including Teekay Projects Ltd., assist Teekay LNG Partners and its operating subsidiaries pursuant to services agreements.
Information about the executive officers of Teekay GP L.L.C., key employees of Teekay LNG Partners’ operating subsidiary Teekay Spain, and officers of Teekay Projects Ltd. is included below.
Teekay GP L.L.C.
Peter Evensen, Chief Executive Officer, Chief Financial Officer, Director
Peter Evensen has served as Chief Executive Officer and Chief Financial Officer of Teekay GP L.L.C. since it was formed in November 2004 and as a Director since January 2005. He has also served as Chief Executive Officer, Chief Financial Officer and a Director of Teekay Offshore GP L.L.C., formed in August 2006, respectively. On April 1, 2011, Mr. Evensen became President and Chief Executive Officer of Teekay Corporation, having originally joined Teekay Corporation in May 2003 as Senior Vice President, Treasurer and Chief Financial Officer. He was appointed Executive Vice President and Chief Strategy Officer of Teekay Corporation in February 2004. He served as a Director of Teekay Tankers Ltd. from 2007 to June 2013, and was later reappointed Director on June 10th, 2015 . Mr. Evensen has over 20 years experience in banking and shipping finance. Prior to joining Teekay Corporation, Mr. Evensen was Managing Director and Head of Global Shipping at J.P. Morgan Securities Inc., and worked in other senior positions for its predecessor firms. His international industry experience includes positions in New York, London and Oslo.
Teekay Shipping Spain S.L.
Andres Luna, Managing Director
Edith Robinson, Secretary
Ms. Robinson was appointed as the Company’s Corporate Secretary in September 2014 and also currently serves as an Associate General Counsel for Teekay Corporation. Ms. Robinson joined Teekay Corporation in 2014. Prior to joining Teekay Corporation, Ms. Robinson served as the General Counsel for a utility group in Bermuda. She has over twenty years of legal experience and is qualified to practice law in Bermuda, Canada and England. Ms. Robinson has an MBA from Cornell University in addition to her legal qualifications.
Ida Jane Hinkley, Chairperson
Ida Jane Hinkley was appointed Chairperson of Teekay GP L.L.C. on June 9th, 2015. Ms. Hinkley has served as a Director of Teekay GP L.L.C since 2005. From 1998 to 2001, she served as Managing Director of Navion Shipping AS, a shipping company at that time affiliated with the Norwegian state-owned oil company Statoil ASA (and subsequently acquired by Teekay Corporation in 2003). From 1980 to 1997, Ms. Hinkley was employed by the Gotaas-Larsen Shipping Corporation, an international provider of marine transportation services for crude oil and gas (including LNG), serving as its Chief Financial Officer from 1988 to 1992 and its Managing Director from 1993 to 1997. She currently serves as a non-executive director on the Board of Premier Oil plc, a London Stock Exchange listed oil exploration and production company, and as a non-executive director of Vesuvius plc, a London Stock Exchange listed engineering company. From 2007 to 2008 she served as a non-executive director on the Board of Revus Energy ASA, a Norwegian listed oil company.
Peter Evensen, Chief Executive Officer, Chief Financial Officer and Director
Peter Evensen has served as Chief Executive Officer and Chief Financial Officer of Teekay GP L.L.C. since it was formed in November 2004 and as a Director since January 2005. He has also served as Chief Executive Officer, Chief Financial Officer, and a Director of Teekay Offshore GP L.L.C., formed in August 2006. Effective April 1, 2011, he assumed the position of President and Chief Executive Officer of Teekay Corporation and also became a Director of Teekay Corporation. Mr. Evensen joined Teekay Corporation in May 2003 as Senior Vice President, Treasurer and Chief Financial Officer. He was appointed Executive Vice President and Chief Strategy Officer of Teekay Corporation in February 2004. He served as a Director of Teekay Tankers Ltd. from 2007 to June 2013 and was later reappointed as Director on June 10th, 2015. Mr. Evensen has over 20 years experience in banking and shipping finance. Prior to joining Teekay Corporation, Mr. Evensen was Managing Director and Head of Global Shipping at J.P. Morgan Securities Inc., and worked in other senior positions for its predecessor firms. His international industry experience includes positions in New York, London and Oslo.
C. Sean Day, Director
Sean Day has served on the Teekay GP L.L.C. Board since it was formed in November 2004. Mr. Day served as the Chairman of Teekay GP L.L.C. from 2004 to 2015. Mr. Day has also served as Chairman of the Board for Teekay Corporation since September 1999, and Teekay Offshore GP L.L.C. since it was formed in August 2006. He served as a Chairman of Teekay Tankers Ltd. from 2007 to June 2013. From 1989 to 1999, he was President and Chief Executive Officer of Navios Corporation, a large bulk shipping company based in Stamford, Connecticut. Prior to this, Mr. Day held a number of senior management positions in the shipping and finance industry. He is currently serving as a Director of Kirby Corporation and Chairman of Compass Diversified Holdings. Mr. Day is engaged as a consultant to Kattegat Limited, the parent company of Teekay Corporation’s largest shareholder, to oversee its investments, including that in the Teekay group of companies.
Vince Lok, Director
Vincent Lok was appointed as a Director of Teekay GP L.L.C. on June 9th, 2015. Mr. Lok is also Teekay Corporation’s Executive Vice President and Chief Financial Officer since 2007. He has held a number of finance and accounting positions with Teekay, including Controller from 1997 until his promotions to the positions of Vice President, Finance in 2002, Senior Vice President and Treasurer in 2004, and Senior Vice President and Chief Financial Officer in 2006. Mr. Lok has also served as the Chief Financial Officer of Teekay Tankers Ltd. since 2007. Prior to joining Teekay, Mr. Lok worked as a Chartered Accountant with Deloitte & Touche LLP. Mr. Lok is also a Chartered Financial Analyst.
Joseph E. McKechnie, Director
Joseph E. McKechnie joined the board of Teekay GP L.L.C. on February 19, 2013. Mr. McKechnie is a retired United States Coast Guard Officer, having served for more than 23 years, many of which focused on marine safety and security with an emphasis on LNG. In 2000 he joined Tractebel LNG North America (formerly Cabot LNG) in Boston as the Vice President of shipping where he oversaw the LNG shipping operations for the Port of Boston, MA. USA. From 2006 to 2011 Mr. McKechnie was transferred to London and then onwards to Paris to continue his work with SUEZ, (Parent company of Tractebel) and ultimately GDF-SUEZ, as the Senior Vice President of Shipping, and Deputy Head of the Shipping Department. During this period he led a team of 7 overseeing a fleet of 18 owned and chartered LNG Carriers, operating on a worldwide basis. Mr. McKechnie was instrumental in the oversight of seven new-buildings, four of which were tri-fuel diesel electric, two were designed as Shuttle and Regasification Vessels, (SRV) and one converted into a Floating Storage unit. He is a former member of the Board of Directors of Society of International Gas Tankers and Terminal Operators (SIGTTO), and Gaz-Ocean, the GDF-SUEZ Owned LNG vessel operating company. In 2011 he left GDF-SUEZ following the successful merger of GDF and SUEZ, and ultimately formed J.E. McKechnie LLC in early 2011.
Beverlee F. Park, Director
Beverlee Park joined the Board of Teekay GP L.L.C. on March 11, 2014. From 2000 to 2013, Ms. Park served as COO, Interim CEO, and EVP/CFO at TimberWest, the largest private forest land owner in Western Canada. During this time, Ms. Park also served as President and COO, Couverdon Real Estate, a division of TimberWest. From 2003 to 2010, Ms. Park served as Board Member, Audit Committee Chair of BC Transmission Corp., the entity responsible for the operation and maintenance of 18,000km of electrical transmission in British Columbia and 300 substations. Previously, Ms. Park was employed by BC Hydro, British Columbia’s electricity, transmission and distribution utility company, in a range of senior financial roles and by KPMG. Ms. Park is currently a Board member of InTransit BC, the concessionaire for the 19.5km automated rapid transit line linking downtown Vancouver to Richmond and the Vancouver International Airport. Ms. Park is also a Board Member of Silver Standard Resources Inc. and serves as a member of the company’s Audit Committee and Safety and Sustainability Committee. Ms. Park has extensive experience in a range of operating environments and domestic and offshore markets with specific experience leading shareholder value creation, long term strategic repositioning, operational excellence, risk management, diverse regulatory issues, restructuring and acquisitions/divestitures. Bev is also a member of the TransAlta Corporation board of directors where she is a member of the Audit Committee and the Human Resources Committee. TransAlta is one of Canada’s largest publicly traded wholesale power generators and marketers with assets in Canada, the US and Australia.
Board Committee Composition
|Name of Director||Audit Committee||Conflicts Committee||Governance Committee|
|Beverlee F. Park||Chair||Chair||X|
|C. Sean Day||X|
|Ida Jane Hinkley||X||X||X|
|Joseph E. McKechnie||X||X||Chair|