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TK Teekay Corporation

7.71
-0.01 (-0.13%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Teekay Corporation NYSE:TK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.01 -0.13% 7.71 7.7851 7.68 7.73 465,564 01:00:00

Teekay Tankers Appoints Phillips 66 Executive as New CEO

28/05/2014 2:56pm

Dow Jones News


Teekay (NYSE:TK)
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   By Tess Stynes 
 

Teekay Tankers Ltd. (TNK) appointed Phillips 66 (PSX) executive Kevin. J. Mackay as its new chief executive, succeeding Bruce Chan when he steps down next month.

Mr. Mackay currently heads Phillips 66's global marine business, responsible for all aspects of marine transportation. He had a similar role with ConocoPhillips (COP) from 2009 to 2012 before the exploration-and-production company spun off its refining arm as Phillips 66.

In late January, Mr. Chan announced his plans to step down after more than 18 years with the company.

Teekay Tankers belongs to a group of companies led by Teekay Corp. (TK), which provide marine-transportation services to the petroleum industry.

Several years ago Teekay Corp. spun off various operations into separate publicly traded companies, each with a focus on a different area of the tanker sector, including Teekay LNG Partners LP (TGP), Teekay Tankers and Teekay Offshore Partners LP (TOO).

Write to Tess Stynes at tess.stynes@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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