David Glendinning, president of Teekay Gas Services, is to retire on December 17 after over 28 years at Teekay.
Glendinning will be replaced by Mark Kremin, the current vice-president of Teekay Gas Services, who has already taken over reporting line accountability for the Teekay gas operations team, the company said.
“It will be a bittersweet day to say goodbye to David in December. We will all miss his energy and drive and commitment to Teekay. David is often referred to as ‘Mr Teekay‘. His enthusiasm and deep knowledge of the marine markets – and of Teekay – will be sorely missed,” Peter Evensen, Teekay’s president and CEO, said in a statement today.
Glendinning said: “When I began with the company in 1987, we were a small team of managers under founder Torben Karlshoej’s astute leadership, operating a small fleet of oil tankers in the Pacific basin. Now, we have diversified and grown incredibly, and the last 12 years of leading the gas business has been most enjoyable – and successful! I know Mark will continue that success.”
Kremin has been with Teekay since 2000. The company said he had been “instrumental” in the growth of Teekay’s gas business through the NYSE-listed Teekay LNG Partners LP, working alongside Glendinning.