6-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

Date of report: June 15, 2011

Commission file number 1-12874

TEEKAY CORPORATION

(Exact name of Registrant as specified in its charter)

4^th Floor, Belvedere Building
69 Pitts Bay Road
Hamilton, HM 08 Bermuda
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F þ Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).

Yes o No þ

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).

Yes o No þ

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Resignation of a Board Member

On June 8, 2011, J. Rod Clark informed Teekay Corporation (the “Company”) of his resignation from the Company’s Board of Directors (the “Board”) in order to pursue other professional interests. Mr. Clark served on the Company’s Audit Committee. Mr. Clark’s decision to resign did not arise or result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Mr. Clark has been a valuable member of the Company’s Board since 2006.

Appointment of a Board Member

On June 8, 2011, the Board appointed William B. Berry to serve as a Class I Director of the Company until the 2012 annual meeting of shareholders. Mr. Berry will serve on the Company’s Audit Committee.

Mr. Berry held various positions with ConocoPhillips and its predecessors from 1976 until his retirement in 2008, including the position of Executive Vice President of Exploration and Production, Worldwide from 2002 to 2005 and Executive Vice President, Exploration and Production, Europe, Asia, Africa and Middle East from 2005 to 2008. Mr. Berry serves on the boards of directors of Nexen Inc. and Willbros Group, Inc., and serves as an Honorary Consulate to the Embassy of the Republic of Kazakhstan.

There is no understanding or arrangement between Mr. Berry and any other person pursuant to which he was selected as a director. There are no family relationships or related party transactions involving Mr. Berry and the Company.

Attached as Exhibit I is a copy of an announcement of Teekay Corporation dated June 15, 2011.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	TEEKAY CORPORATION
Date: June 15, 2011	By:	/s/ Vincent Lok
		Vincent Lok
		Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)

EX-99.1

Exhibit I

TEEKAY CORPORATION
4th Floor, BelvedereBuilding, 69 Pitts Bay Road,
Hamilton, HM 08 Bermuda

NEWS RELEASE

TEEKAY CORPORATION ANNOUNCES
CHANGES TO BOARD OF DIRECTORS

Hamilton, Bermuda, June 15, 2011 - Teekay Corporation (Teekay or the Company) (NYSE: TK) today announced that Mr. Bill Berry has accepted an invitation to join Teekay’s Board of Directors, effective immediately. Mr. Berry replaces Mr. J. Rod Clark who has announced his retirement from the Teekay Board after serving as a Director since 2006.

Mr. Berry brings considerable energy industry experience to the Teekay Board. From 1976 until his retirement in 2008, Mr. Berry held various positions with ConocoPhillips and its predecessors, including the position of Executive Vice President of Exploration and Production, Worldwide from 2002 to 2005 and Executive Vice President, Exploration and Production, Europe, Asia, Africa and Middle East from 2005 to 2008. Mr. Berry also serves on the boards of directors of Nexen Inc. and Willbros Group, Inc., and serves as an Honorary Consul to the Embassy of the Republic of Kazakhstan.

“Bill Berry’s extensive energy industry resume and international business experience will make him an invaluable member of Teekay’s Board of Directors as Teekay continues to diversify and grow its business,” commented Mr. C. Sean Day, Chairman of Teekay Corporation’s Board of Directors. “We are pleased to have someone of Bill’s caliber join our Board and we look forward to working with him.” Mr. Day added, “On behalf of the entire Teekay Corporation Board, I also wish to recognize Rod Clark for his exemplary service as a Teekay Director over the past five years and thank him for the significant contribution he has made to Teekay during his tenure.”

About Teekay

Teekay Corporation transports more than 10 percent of the world’s seaborne oil, has built a significant presence in the liquefied natural gas shipping sector through its publicly-listed subsidiary, Teekay LNG Partners L.P. (NYSE: TGP), is further growing its operations in the offshore oil production, storage and transportation sector through its publicly-listed subsidiary, Teekay Offshore Partners L.P. (NYSE: TOO), and continues to expand its conventional tanker business through its publicly-listed subsidiary, Teekay Tankers Ltd. (NYSE: TNK). With a fleet of approximately 150 vessels, offices in 16 countries and over 6,400 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world’s leading oil and gas companies, helping them seamlessly link their upstream energy production to their downstream processing operations. Teekay’s reputation for safety, quality and innovation has earned it a position with its customers as The Marine Midstream Company.

Teekay’s common stock is listed on the New York Stock Exchange where it trades under the symbol “TK”.

For Investor Relations enquiries contact:
Kent Alekson
Tel: +1 (604) 844-6654

Web site: www.teekay.com

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