President & Chief Executive Officer
Kevin Mackay was appointed President and Chief Executive Officer of Teekay Tankers in 2014 and leads a global network of commercial offices in Asia, Europe and North America, with the responsibility of marketing Teekay’s fleet of conventional tankers. Mr. Mackay joined Teekay from Phillips 66, where he headed the global marine business unit, responsible for all aspects of marine transportation, including chartering, operations, demurrage, strategy and freight trading, business improvement and marine risk management. He held a similar role as the General Manager, Commercial Marine at ConocoPhillips from 2009 to 2012 before the formation of Phillips 66. Mr. Mackay started his career working for Neptune Orient Lines in Singapore from 1991 to 1995. He then joined AET Inc. Limited (AET) (formerly American Eagle Tankers Inc.) in Houston, where he ultimately was the Regional Director – Americas, Senior Vice President, responsible for AET’s business in the Americas. Mr. Mackay holds a B.Sc. (Econ) Honours from the London School of Economics & Political Science.
Chief Financial Officer
Stewart Andrade was appointed Chief Financial Officer of Teekay Tankers in December 2017. He joined Teekay in 2002 and has worked in a variety of roles at Teekay and has been responsible for executing a number of strategic transactions, including acquisitions and the establishment of joint ventures, to grow Teekay Tankers into one of the world’s leading tanker companies. Mr. Andrade is also responsible for Strategy and Business Development for Teekay’s tanker business, a role he has held since 2015. Prior to joining Teekay, Mr. Andrade worked in Ernst and Young’s consulting practice providing advisory services to a variety of Canadian and international organizations. Mr. Andrade is a Canadian Chartered Professional Accountant.
Ray McNamara leads Teekay Tankers Ship Management team. He joined Teekay in 2015 and is responsible for delivering ship management service to one of the world’s leading tanker companies. Mr. McNamara joined Teekay from Wallem where he was Managing Director of Ship Management. He held similar roles in AET and Hanseatic Lloyd. Mr. McNamara is an ex seafarer who later lectured alma mater and had a career in Class, he is a Chartered Engineer and member of the technical governance committee of DNVGL, LR and ABS.
Jim Basterfield joined Teekay in 1997, as part of the acquisition of Caltex Australia’s shipping division. Since joining Teekay, Mr. Basterfield has held HR positions in Australia, Canada and Singapore. Mr. Basterfield has led many organization projects, including M&A’s in North America, UK, Europe and Australasia and was previously responsible for Teekay’s Corporate Communications team.
Kenneth Hvid joined the board of Teekay Tankers Ltd. in 2017 and was appointed Chairman of the Board on June 12, 2019. Mr. Hvid joined the board of Teekay Corporation on June 10, 2019 and has served as President and CEO since 2017. Mr. Hvid has served as a director of Teekay Offshore GP L.L.C. since 2011, and reappointed a director of Teekay GP L.L.C. in 2018, having previously served as a director from 2011 to 2015. Mr. Hvid was appointed Chairman of Teekay GP L.L.C. on May 29, 2019. He joined Teekay Corporation in 2000 and was responsible for leading its global procurement activities until he was promoted in 2004 to Senior Vice President, Teekay Gas Services. During that time, Mr. Hvid was involved in leading Teekay Corporation through its entry and growth in the liquefied natural gas business. He held that position until the beginning of 2006, when he was appointed President of the Teekay Navion Shuttle Tankers and Offshore division. In that role, Mr. Hvid was responsible for Teekay Corporation’s global shuttle tanker business as well as initiatives in the floating, storage and offtake business and related offshore activities. Mr. Hvid served as Teekay Corporation’s Chief Strategy Officer and Executive Vice President from 2011 to 2015, and as President and CEO of Teekay Offshore Group Ltd., from 2015 to 2016. Mr. Hvid has 30 years of global shipping experience, 12 of which were spent with A.P. Moller in Copenhagen, San Francisco and Hong Kong. In 2007, Mr. Hvid joined the board of Gard P. & I. (Bermuda) Ltd.
Arthur Bensler joined the board of Teekay Tankers Ltd. in 2013 and served as Chairman from 2013 to June 12, 2019. He also is Executive Vice President and General Counsel of Teekay Corporation and President of Teekay Shipping (Canada) Ltd. He has more than 20 years of experience in the shipping industry, joining Teekay Corporation in 1998 as General Counsel. He was promoted to the position of Vice President and General Counsel in 2002, became the Corporate Secretary of Teekay Corporation in 2003 and was further promoted to Executive Vice President and General Counsel in 2006. Mr. Bensler was appointed Corporate Secretary of Teekay Tankers in 2007 and has served as General Counsel to the Company since its inception. In addition to his role as General Counsel, he serves as Assistant Corporate Secretary of Teekay GP L.L.C, the general partner of Teekay LNG Partners L.P. Mr. Bensler served as Committee Director of the Britannia Steamship Insurance Association Limited from 2005 to 2010 and has served as a Committee Director of The Standard Club Ltd., a mutual insurance association, since 2010, where he is also a member of the Nominating & Governance Committee and the Strategy Committee.
Richard T. du Moulin
Richard T. du Moulin joined the board of Teekay Tankers Ltd. in 2007. Mr. du Moulin is currently the President of Intrepid Shipping L.L.C., a position he has held since he founded Intrepid Shipping in 2002. From 1998 to 2002, Mr. du Moulin served as Chairman and Chief Executive Officer of Marine Transport Corporation. Mr. du Moulin is a member of the Board of Trustees and Chairman of the Seamen’s Church Institute of New York and New Jersey. Mr. du Moulin currently serves as an advisor to Hudson Structured Capital Management, a private equity firm and is on the board of Pangaea Logistics Solutions, Ltd., a dry bulk shipping company. Mr. du Moulin served as Chairman of Intertanko, the leading trade organization for the tanker industry, from 1996 to 1999 and served as a director of Globe Wireless L.L.C. and Tidewater, Inc.
Sai W. Chu joined the board of Teekay Tankers Ltd. on May 29, 2019. Mr. Chu brings extensive financial experience to the Company with over 30 years of finance, operations and strategy experience primarily with public companies in shipping, specialty finance, utilities and technology. From 2007 to 2015, he was Chief Financial Officer of Seaspan Corporation (NYSE:SSW), a containership lessor, and from 2004 to 2007 he served in various financial roles within its related companies. From 1994 to 2004 he held financial roles with other companies, including BC Gas Inc. (now Fortis Inc.). Since 2017, he has been Chief Financial Officer of UrtheCast Corporation, a TSX-listed big data company specialized in satellite imaging, data services and geo-analytics with global operations. Mr. Chu is a member of the Advisory Board of Maritime Partners LLC, a Jones Act focused leasing platform and a founding board member of Canada’s Digital Technology Supercluster. He is currently an advisor to Canada’s Digital Technology Supercluster and to A2Z Capital Inc., a private equity firm. Mr. Chu is a member of the Institute of Chartered Professional Accountants of Canada.
David Schellenberg joined the board of Teekay Tankers Ltd. on June 12, 2019. Mr. Schellenberg joined the board of Teekay Corporation in 2017 and was appointed as Chairman of the Board on June 10, 2019. He also joined the board of Teekay GP L.L.C. on May 29, 2019. Mr. Schellenberg 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 Conair Group and its subsidiary Cascade Aerospace, specialty aviation and aerospace business, from 2000 to 2013 and was President and CEO 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 Professional Accountants of Canada (FCPA, FCA).
Board Committee Composition
|Name of Director||Audit Committee||Conflicts Committee||Governance Committee|
|Richard T. du Moulin||X||X||Chair|
* Employee Director