Transocean Ltd. Announces Senior Management Changes
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Transocean Ltd. /
Transocean Ltd. Announces Senior Management Changes
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The issuer is solely responsible for the content of this announcement.
ZUG, SWITZERLAND--(Marketwire - January 5, 2012) - Transocean Ltd. (NYSE:RIG)
(SIX: RIGN) today announced that Ricardo Rosa will step down as Executive Vice
President and Chief Financial Officer effective January 9, 2012. After a
transition period, Mr. Rosa is expected to retire from Transocean effective
April 30, 2012. Steven Newman, President and Chief Executive Officer, said, "On
behalf of Transocean I offer my sincere thanks to Ricardo for his many years of
service to the company and wish him all the best in his future endeavors." An
executive search firm has been retained to aid in the identification of Mr.
Rosa's successor.
Effective January 9, 2012, and until a permanent replacement is named, Gregory
L. Cauthen (54) will return to the company in the role of Interim Chief
Financial Officer. Mr. Cauthen served most recently as a consultant of the
Company from September 2009 through August 2010. Prior to retirement from
Transocean in August 2009, Mr. Cauthen was Chief Financial Officer of the
Company from December 2001 to August 2009. He was also Treasurer of the Company
from March 2001 until July 2003 and served as Vice President, Finance from March
2001 to December 2001. Mr. Cauthen holds a Masters in Accounting degree from the
University of Florida, Gainesville.
About Transocean
Transocean is the world's largest offshore drilling contractor and the leading
provider of drilling management services worldwide. With a fleet of 135 mobile
offshore drilling units, excluding two Ultra-Deepwater Drillships and four High-
Specification Jackups under construction, Transocean's fleet is considered one
of the most modern and versatile in the world due to its emphasis on technically
demanding segments of the offshore drilling business. Transocean owns or
operates a contract drilling fleet of 50 High-Specification Floaters (Ultra-
Deepwater, Deepwater and Harsh-Environment semisubmersibles and drillships), 25
Midwater Floaters, nine High-Specification Jackups, 50 Standard Jackups and one
swamp barge.
For more information about Transocean, please visit our website at
www.deepwater.com.
Analyst Contacts:
Thad Vayda
+1 713-232-7551
Chris Kettmann
+1 713-232-7420
Media Contact:
Guy A. Cantwell
+1 713-232-7647
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Source: Transocean Ltd. via Thomson Reuters ONE
[HUG#1575581]
Unternehmensinformation / Kurzprofil:
Datum: 05.01.2012 - 22:28 Uhr
Sprache: Deutsch
News-ID 101652
Anzahl Zeichen: 3314
contact information:
Town:
Vernier
Kategorie:
Business News
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