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Leadership

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Kenneth Hvid

Kenneth Hvid

President and Chief Executive Officer

Kenneth Hvid was appointed as Teekay Tankers Ltd.’s President and Chief Executive Officer in August 2024, and also serves as the President and Chief Executive Officer and as a director of Teekay Corporation Ltd. He joined the board of directors of Teekay Tankers Ltd. in 2017 and served as its Chair from 2019 to 2024. In addition to these roles, he previously served as a director of Teekay GP L.L.C., the general partner of Teekay LNG Partners L.P. (now known as Seapeak LLC), from 2011 to 2015 and from 2018 to 2022 (including serving as Chair from 2019 to 2022), and as a director of Teekay Offshore GP L.L.C. (now known as Altera Infrastructure GP L.L.C.) from 2011 to 2020. Mr. Hvid joined Teekay Corporation Ltd. in 2000 and was promoted to Senior Vice President, Teekay Gas Services, in 2004 and to President of the Teekay Navion Shuttle Tankers and Offshore division in 2006. He served as Teekay Corporation Ltd.’s Chief Strategy Officer and Executive Vice President from 2011 to 2015, and as President and Chief Executive Officer of Teekay Offshore Group Ltd. from 2015 to 2016. Mr. Hvid has more than 35 years of global shipping experience, 12 of which were spent with A.P. Moller in Copenhagen, San Francisco and Hong Kong. Additionally, Mr. Hvid has served on the board of Gard P. & I. (Bermuda) Ltd. since 2007.

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Brody Spears

Brody Speers

Chief Financial Officer

Brody Speers was appointed as Chief Financial Officer of Teekay Tankers Ltd. and of Teekay Corporation Ltd. in August 2024. Prior to this appointment, he served in several senior financial positions, including as Vice President, Finance of Teekay Corporation Ltd. since 2018, Treasurer of Teekay Corporation Ltd. since 2022 and as Chief Financial Officer of Teekay Gas Group Ltd., a company that provided services to Teekay LNG Partners L.P. and its affiliates, in 2017 and 2018. Mr. Speers joined the board of directors of Teekay Corporation Ltd. in May 2025. Prior to joining Teekay in 2008, Mr. Speers worked as a Chartered Professional Accountant for an accounting firm in Vancouver, Canada. Mr. Speers is also a Chartered Business Valuator.

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Mikkel Seidelin

Mikkel Seidelin

Chief Commercial Officer

Mikkel Seidelin was appointed as Chief Commercial Officer of Teekay Tankers Ltd. in August 2024, having previously served as its Head of Chartering & Commercial Operations since 2023. He joined Teekay in 2003 and has worked in various locations across the globe in commercial functions, including as Pool Manager for Taurus Tankers (LR2) and as Chartering Director for Teekay Tankers Ltd.’s Suezmax business. Mr. Seidelin holds an Executive MBA from INSEAD.

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Rohit Kapoor

Rohit Kapoor

Ship Management

Rohit Kapoor was appointed as Head of Ship Management in 2020. He joined Teekay in 2013 and has held key leadership positions within Teekay Tankers, including heading fleets, operations, and HSEQ. Including sailing as a Master, Mr. Kapoor has over 30 years of experience in oil tanker operations. Mr. Kapoor is a member of the ABS, DNV, and LR technical committees.

Frans Lotz

General Counsel, Corporate and Company Secretary

Frans Lotz was appointed as Secretary of Teekay Corporation Ltd. and of Teekay Tankers Ltd. in March 2022, and currently also serves as General Counsel, Corporate. Prior to joining Teekay in 2018 as legal counsel, Mr. Lotz practiced finance and corporate law in Vancouver, Canada. He holds a J.D. from Dalhousie University and was called to the Bar of British Columbia, Canada in 2012.

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Anne Liversedge

Anne Liversedge

General Counsel, Maritime

Anne Liversedge serves as General Counsel, Maritime and also oversees Teekay’s Insurance department. She joined Teekay in 2006 as Associate General Counsel, has headed Teekay offices in the Netherlands and Bermuda and previously served as Secretary of Teekay GP L.L.C., the general partner of Teekay LNG Partners L.P. (now known as Seapeak LLC), from 2019 to 2020. Ms. Liversedge has more than 35 years of experience in the maritime and offshore energy legal and insurance industry. Prior to joining Teekay, Ms. Liversedge spent time in Norway and Greece with Skuld P&I Club and was a partner at Thomas Cooper (as they then were). Ms. Liversedge is currently the Chair of the Intertanko Documentary Committee and also serves on the board of directors of the Bahamas Shipowners Association.

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N. Angelique Burgess

N. Angelique Burgess

Assistant Company Secretary

N. Angelique Burgess was appointed as Assistant Secretary of Teekay Tankers Ltd. and of Teekay Corporation Ltd. in 2020, and previously also served as Secretary of Teekay GP L.L.C., the general partner of Teekay LNG Partners L.P. (now known as Seapeak LLC), from 2020 to 2022. Prior to joining Teekay in 2020, Mrs. Burgess served as General Manager at Concordia Maritime (Bermuda) Ltd. She has over 25 years of international shipping experience, having started her career at the Bermuda Ship Registry where she ultimately held the position of Registrar of Shipping. She is actively involved in various organizations in Bermuda, including having served on the boards of directors of the Bermuda Shipping and Maritime Authority, the Bermuda Maritime Academy and WISTA Bermuda.

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Heidi Locke Simon

Heidi Locke Simon

Chair

Heidi Locke Simon joined the board of Teekay Tankers Ltd. and was appointed as its Chair in December 2024. She also joined the board of directors of Teekay Corporation Ltd. in 2017 and was appointed as its Chair in December 2024. She currently serves as the Chair of Teekay Corporation Ltd.’s Audit Committee and as a member of Teekay Tankers Ltd.’s Audit Committee. In addition to these roles, she previously served as a director of Teekay GP L.L.C., the general partner of Teekay LNG Partners L.P. (now known as Seapeak LLC), from 2021 to 2022. Ms. Locke Simon brings over 30 years of experience to these roles. She was formerly a partner at Bain & Company and an Investment Banking Analyst at Goldman Sachs. Ms. Locke Simon has served as a director of Compass Diversified Holdings (NYSE: CODI) since July 2023, where she is also a member of the Audit Committee. She has experience as a Board Chair from serving on several private company and non-profit organization boards. Ms. Locke Simon holds an MBA from Harvard Business School and has completed various certifications in governance (including cybersecurity governance).

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Alan Semple

Alan Semple

Director

Alan Semple joined the board of Teekay Tankers Ltd. in December 2024, and currently serves as the Chair of its Audit Committee. He previously served on the board of Teekay Corporation Ltd. from 2015 to 2024 (including as Chair of its Audit Committee), and on the board of Teekay GP L.L.C., the general partner of Teekay LNG Partners L.P. (now known as Seapeak LLC), from 2019 to 2022 (including as Chair of its Audit Committee). Mr. Semple brings over 30 years of finance experience, primarily in the energy industry, to these roles. He was formerly a Director and Chief Financial Officer at John Wood Group PLC (Wood Group), a provider of engineering, production support and maintenance management services to the oil and gas and power generation industries, a role he held from 2000 until his retirement in 2015. Prior to this, Mr. Semple held a number of senior finance roles in Wood Group from 1996. Mr. Semple currently serves on the board of Cactus, Inc. (NYSE: WHD), where he is the Chair of the Audit Committee. He also served as a Director and Chair of the Audit Committee of Cobham PLC until 2018. Mr. Semple holds a Bachelor of Arts degree in Business Administration from the University of Strathclyde (Glasgow, Scotland) and is a member of the Institute of Chartered Accountants of Scotland.

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Kenneth Hvid

Kenneth Hvid

Director

Kenneth Hvid was appointed as Teekay Tankers Ltd.’s President and Chief Executive Officer in August 2024, and also serves as the President and Chief Executive Officer and as a director of Teekay Corporation Ltd. He joined the board of directors of Teekay Tankers Ltd. in 2017 and served as its Chair from 2019 to 2024. In addition to these roles, he previously served as a director of Teekay GP L.L.C., the general partner of Teekay LNG Partners L.P. (now known as Seapeak LLC), from 2011 to 2015 and from 2018 to 2022 (including serving as Chair from 2019 to 2022), and as a director of Teekay Offshore GP L.L.C. (now known as Altera Infrastructure GP L.L.C.) from 2011 to 2020. Mr. Hvid joined Teekay Corporation Ltd. in 2000 and was promoted to Senior Vice President, Teekay Gas Services, in 2004 and to President of the Teekay Navion Shuttle Tankers and Offshore division in 2006. He served as Teekay Corporation Ltd.’s Chief Strategy Officer and Executive Vice President from 2011 to 2015, and as President and Chief Executive Officer of Teekay Offshore Group Ltd. from 2015 to 2016. Mr. Hvid has more than 35 years of global shipping experience, 12 of which were spent with A.P. Moller in Copenhagen, San Francisco and Hong Kong. Additionally, Mr. Hvid has served on the board of Gard P. & I. (Bermuda) Ltd. since 2007.

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David Schellenberg

David Schellenberg

Director

David Schellenberg joined the board of Teekay Tankers Ltd. in 2019 and currently serves on its Audit Committee. He previously served on the board of Teekay Corporation Ltd. from 2017 to 2024 (including as its Chair from 2019 to 2024), and on the board of Teekay GP L.L.C., the general partner of Teekay LNG Partners L.P. (now known as Seapeak LLC), from 2019 to 2022. Mr. Schellenberg brings over 25 years of financial and operational leadership experience to these roles. He is currently a Managing Director and Principal with Highland West Capital, a private equity firm in Vancouver, Canada. Prior to that, Mr. Schellenberg was with specialty aviation and aerospace businesses, Conair Group and Cascade Aerospace, from 2000 to 2013, including serving as President and Chief Executive Officer from 2007 to 2013. Mr. Schellenberg also acted as a Managing Director in the Corporate Office of the Jim Pattison Group, Canada’s second largest private company, from 1991 to 2000. Mr. Schellenberg is a member of the Young Presidents’ Organization, holds an MBA and is a Fellow of the Chartered Processional Accountants of Canada (FCPA, FCA).

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Peter Antturi

Peter Antturi

Director

Peter Antturi joined the board of Teekay Tankers Ltd. in 2021 and brings over 30 years of financial and operational experience in the shipping industry to this role. He has also served on the board of Teekay Corporation Ltd. since 2019. Additionally, Mr. Antturi serves as an executive officer and director of Teekay Corporation Ltd.’s largest shareholder, Resolute Investments, Ltd. (Resolute), as well as other subsidiaries and affiliates of Kattegat Limited, a parent company of Resolute. Mr. Antturi previously worked with Teekay from 1991 through 2005, serving as President of Teekay’s shuttle tanker division, as Senior Vice President, Chief Financial Officer and Controller.

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Rudoplh Krediet

Rudolph Krediet

Director

Rudolph Krediet joined the board of Teekay Tankers Ltd. in December 2024, and has also served on the board of Teekay Corporation Ltd. since 2017. Mr. Krediet brings over 20 years of experience as a financial investment professional to these roles. He has served as a partner at Anholt Services (USA) Inc., a wholly-owned subsidiary of Kattegat Trust, which oversees the trust’s globally diversified investment portfolio, since 2013. Mr. Krediet acted as Principal at Compass Group Management LLC, the manager of Compass Diversified Holdings (NYSE: CODI), from 2010 to 2013, and as Vice President from 2006 to 2009. Prior to that, he acted as Vice President at CPM Roskamp Champion, a global leader in the design and manufacturing of oil seed processing equipment, from 2003 to 2004. Mr. Krediet holds an MBA from the Darden Graduate School of Business at the University of Virginia.

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Poul Karlshoej

Poul Karlshoej

Director

Poul Karlshoej joined the boards of Teekay Tankers Ltd. and Teekay Corporation Ltd. in December 2024. He previously served as a Board Observer on the Teekay Tankers Ltd. board since 2021 and the Teekay Corporation Ltd. board since 2019, respectively. Prior to these roles, he served in various business development, commercial management and chartering roles within the Teekay Group in its offshore and tanker segments. Mr. Karlshoej joined Anholt Services (USA) Inc., a wholly-owned subsidiary of Kattegat Trust, which oversees the trust’s globally diversified investment portfolio, in 2018, and currently serves on its Investment Committee. In addition, Mr. Karlshoej is involved in a number of commercial ventures in real estate development and agriculture, both as an owner and investor. Mr. Karlshoej holds a degree in Agriculture Business from Colorado State University.

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Board Committee Composition

Name of Director Audit Committee Nominating, Governance
and Compensation Committee
Heidi Locke Simon X  
Alan Semple Chair  
Kenneth Hvid*    
David Schellenberg X  
Peter Antturi   Chair
Rudolph Krediet   X
Poul Karlshoej   X

* Employee Director

Teekay Tankers Ltd.

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