Transocean Ltd. Announces Departure of Esa Ikaheimonen; Appoints Mark Mey As CFO
May 27 2015 - 3:36PM
ZUG, SWITZERLAND-May 27, 2015-Transocean Ltd.
(NYSE: RIG) (SIX: RIGN) today announced that, as mutually agreed
with the company, Esa Ikaheimonen is stepping down as Executive
Vice President and Chief Financial Officer effective immediately.
Mr. Ikaheimonen has also resigned his company-appointed position as
the Chairman of the Board of Directors of Transocean Partners LLC,
a subsidiary of Transocean. Additionally, the company announced
that Mr. Mark Mey has been appointed as Executive Vice President
and Chief Financial Officer effective May 28, 2015.
"Esa brought a fresh and unique perspective to Transocean when he
joined the company almost three years ago and he has contributed
materially to the company's capital structure, fleet
rationalization and cost management initiatives," said Jeremy
Thigpen, Transocean's President and Chief Executive Officer. "On
behalf of all of Transocean, I thank Esa for his service and wish
him great success in his future endeavors."
Thigpen continued: "I have known Mark for a number of years, and I
am very pleased to have the opportunity to finally work with him.
Mark brings extensive industry and leadership experience to the CFO
role, and he will be a great addition to the Transocean
team."
Mr. Mey most recently served as Executive Vice President and Chief
Financial Officer of Atwood Oceanics ("Atwood"). Including his
almost five years at Atwood, he has over 28 years of experience in
the energy and financial services industries in both the United
States and South Africa. Prior to Atwood, Mr. Mey was Senior
Vice President and Chief Financial Officer and a Director of
Scorpion Offshore Ltd. He also held positions of increasing
responsibility during his 12 years with offshore driller Noble
Corporation, including Vice President and Treasurer. Mr. Mey earned
an Advanced Diploma in Accounting and a Bachelor of Commerce degree
from the University of Port Elizabeth, South Africa. He is a
Chartered Accountant and attended the Harvard Business School
Executive Advanced Management Program.
About Transocean
Transocean is a leading international
provider of offshore contract drilling services for oil and gas
wells. The company specializes in technically demanding sectors of
the global offshore drilling business with a particular focus on
deepwater and harsh environment drilling services, and believes
that it operates one of the most versatile offshore drilling fleets
in the world.
Transocean owns or has partial ownership interests in, and operates
a fleet of, 65 mobile offshore drilling units consisting of 41
high-specification floaters (ultra-deepwater, deepwater and
harsh-environment drilling rigs), 14 midwater floaters and 10
high-specification jackups. In addition, the company has seven
ultra-deepwater drillships and five high-specification jackups
under construction.
For more information about Transocean, please visit:
www.deepwater.com.
Analyst Contacts:
Thad Vayda
+1 713-232-7551
Diane Vento
+1 713-232-8015
Media Contact:
Pam
Easton
+1 713-232-7647
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Transocean Ltd via Globenewswire
HUG#1924433
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