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Teekay Veteran Glendinning to Retire

Maritime Activity Reports, Inc.

October 9, 2015

Long-time Teekay leader David Glendinning, president of Teekay Gas Services, will retire December 17, 2015, after more than 28 years at Teekay. Stepping up to replace Glendinning is Mark Kremin, currently vice president in the same division, Teekay Corporation announced today.
 
Kremin recently took over reporting line accountability for the Teekay gas operations team, and will complete the full handover of leadership accountabilities on Glendinning's retirement date.
 
Glendinning joined Teekay in 1987 and has since held a number of senior positions, including Vice President, Marine and Commercial Operations from 1995 until his promotion to Senior Vice President, Customer Relations and Marine Project Development in 1999. In 2003, Glendinning was appointed President of our Teekay Gas Services division, which is responsible for our initiatives in the LNG business and other areas of gas activity. Prior to joining Teekay, Glendinning, who is a Master Mariner, had 18 years of sea service on oil tankers of various types and sizes.
 
Glendinning's successor, Kremin, has 20 years of experience in the shipping industry. In 2000, he joined Teekay as in-house counsel, and in 2006 was promoted to his current position of Vice President, Teekay Gas. He represents Teekay Gas on the boards of joint ventures with partners in Belgium, Indonesia, Japan and Qatar. Prior to joining Teekay, Kremin was an attorney in an admiralty law firm in Manhattan. Prior to attending law school in New York City, he worked for a leading owner and operator of containerships.

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