And Another Exciting Career Move

On Tuesday, Teekay Corporation announced that it’s President and CEO Bjorn Moller intends to retire from these roles in the spring of 2011 after 25 years of service. As Sean Day, Teekay’s Chairman notes, “Bjorn has been an exceptional and visionary leader of Teekay during his time as CEO. He has done a superb job of developing and implementing the strategies that have transformed the Company into a world leader in the marine energy industry over the past decade. We are grateful to Bjorn for his enormous passion and commitment to Teekay over so many years. I am pleased that Bjorn has accepted our invitation to remain on our Board of Directors after he steps down next spring so that we may continue to draw on his tremendous experience and expertise.”

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