People: Transocean Ltd (RIG)
RIG on New York Consolidated
54.03USD
17 May 2013
54.03USD
17 May 2013
Price Change (% chg)
$-0.70 (-1.28%)
$-0.70 (-1.28%)
Prev Close
$54.73
$54.73
Open
$55.53
$55.53
Day's High
$55.79
$55.79
Day's Low
$53.50
$53.50
Volume
8,426,743
8,426,743
Avg. Vol
3,117,583
3,117,583
52-wk High
$59.50
$59.50
52-wk Low
$39.32
$39.32
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Steven Newman |
2010 | President, Chief Executive Officer, Director | |
Esa Ikaheimonen |
50 | 2012 | Chief Financial Officer, Executive Vice President |
John Stobart |
2012 | Chief Operating Officer, Executive Vice President | |
Ihab Toma |
2012 | Executive Vice President, Chief of Staff | |
David Tonnel |
2012 | Senior Vice President - Finance, Controller | |
Allen Katz |
2012 | Interim Senior Vice President and General Counsel | |
J. Michael Talbert |
2011 | Independent Non-Executive Chairman of the Board, Lead Director | |
Glyn Barker |
59 | 2012 | Director |
Vanessa Chang |
2012 | Director | |
Chad Deaton |
2012 | Director | |
Jagjeet Bindra |
2011 | Independent Director | |
Thomas Cason |
2007 | Independent Director | |
Steve Lucas |
2011 | Independent Director | |
Martin McNamara |
1994 | Independent Director | |
Edward Muller |
2007 | Independent Director | |
Robert Sprague |
2004 | Independent Director | |
Ian Strachan |
70 | 1999 | Independent Director |
Ek Kia Tan |
2011 | Independent Director | |
R. Thaddeus Vayda |
Investor Relations Contact Officer |
Biographies
| Name | Description |
|---|---|
Steven Newman |
Mr. Steven L. Newman is President, Chief Executive Officer, Director of Transocean Ltd since March 1, 2010. Before that position, Mr. Newman served as President and Chief Operating Officer from May 2008 to November 2009 and subsequently as President. Mr. Newman’s prior senior management roles included Executive Vice President, Performance from November 2007 to May 2008, Executive Vice President and Chief Operating Officer from October 2006 to November 2007, Senior Vice President of Human Resources and Information Process Solutions from May 2006 to October 2006, Senior Vice President of Human Resources, Information Process Solutions and Treasury from March 2005 to May 2006, and Vice President of Performance and Technology from August 2003 to March 2005. He also has served as Regional Manager for the Asia and Australia Region and in international field and operations management positions, including Project Engineer, Rig Manager, Division Manager, Region Marketing Manager and Region Operations Manager. Mr. Newman joined the Company in 1994 in the Corporate Planning Department. Mr. Newman received his Bachelor of Science degree in Petroleum Engineering from the Colorado School of Mines in 1989 and received his Master of Business Administration from the Harvard University Graduate School of Business in 1992. Mr. Newman is also a member of the Society of Petroleum Engineers. |
Esa Ikaheimonen |
Mr. Esa Ikaheimonen is Chief Financial Officer, Executive Vice President of Transocean Ltd since November 15, 2012. He has served as a non-executive director and the chairman of the audit committee of Ahlstrom Corporation since April 2011. Mr. Ikaheimonen served as Senior Vice President and Chief Financial Officer of Seadrill Ltd. from August 2010 to September 2012, and he served as Executive Vice President and Chief Financial Officer of Poyry plc from March 2009 to July 2010. At Royal Dutch Shell, Mr. Ikaheimonen served as Vice President Finance, Shell Africa E&P from June 2007 to March 2009, as Vice President Finance, Shell Upstream Middle East from January 2007 to June 2007, and as Finance and Commercial Director, Shell Qatar from May 2004 to January 2007. Prior to May 2004, Mr. Ikaheimonen served in various financial roles for Royal Dutch Shell, including Strategy and Portfolio Manager, Shell Europe Oil Products, Finance Director, Shell Scandinavia, and Finance Director, Shell Finland. Mr. Ikaheimonen received his Master of Laws degree from the University of Turku in Finland in 1989. |
John Stobart |
Mr. John B. Stobart is Chief Operating Officer, Executive Vice President of Transocean Ltd since October 1, 2012. Before joining the Company in October 2012, Mr. Stobart served as Vice President, Global Drilling for BHP Billiton Petroleum from July 2011 to October 2012. At BHP Billiton, he also served as Worldwide Drilling Manager for BHP Billiton in Australia, the U.K. and the U.S. from January 1995 to June 2011 and as Senior Drilling Engineer, Senior Drilling Supervisor, Drilling Superintendent and Drilling Manager in the United Arab Emirates, Oman, India, Burma, Malaysia, Vietnam and Australia from June 1988 to December 1994. Mr. Stobart served as Engineering Manager at Husky/Bow Valley from November 1984 to May 1988, and he worked in engineering roles at Dome Petroleum/Canadian Marine Drilling from May 1980 to October 1984. He began his career working on land rigs in Canada and the High Arctic in June 1971. Mr. Stobart received his Bachelor of Science in Mechanical Engineering from the University of Calgary in 1980 and completed the London Business School Accelerated Development Program in 2000. |
Ihab Toma |
Mr. Ihab Magdy Toma is Executive Vice President, Chief of Staff of Transocean Ltd since October 1, 2012. Before this, Mr. Toma served as Executive Vice President, Operations from August 2011 to October 2012. Mr. Toma also served as Executive Vice President, Global Business from August 2010 to August 2011 and as Senior Vice President, Marketing and Planning from August 2009 to August 2010. Before joining the Company, Mr. Toma served as Vice President, Sales and Marketing for Europe, Africa and Caspian for Schlumberger Limited from April 2006 to August 2009. Prior to April 2006, Mr. Toma led Schlumberger Information Solutions in various capacities, including Vice President, Sales and Marketing, President of Schlumberger Information Solutions, Vice President of Information Management and Vice President of Europe, Africa and CIS Operations. He started his career with Schlumberger Limited in 1986. Mr. Toma received his Bachelor of Science in Electrical Engineering from Cairo University in 1985. |
David Tonnel |
Mr. David A. Tonnel is Senior Vice President - Finance, Controller of Transocean Ltd since March 1, 2012. Before this, Mr. Tonnel served as Senior Vice President of the Europe and Africa Unit from June 2009 to March 2012. Mr. Tonnel served as Vice President of Global Supply Chain from November 2008 to June 2009, as Vice President of Integration and Process Improvement from November 2007 to November 2008, and as Vice President and Controller from February 2005 to November 2007. Prior to February 2005, he served in various financial roles, including Assistant Controller; Finance Manager, Asia Australia Region; and Controller, Nigeria. Mr. Tonnel joined the Company in 1996 after working for Ernst & Young in France as Senior Auditor. Mr. Tonnel received his Master of Science in Management from Ecole des Hautes Etudes Commerciales in Paris, France in 1991. |
Allen Katz |
Mr. Allen M. Katz is Interim Senior Vice President and General Counsel of Transocean Ltd since November 2012. Before joining the Company, he served as an advisor to the Company from June 2010 to November 2012, in his capacity as an attorney at Munger, Tolles & Olson, LLP. Mr. Katz was in retirement from May 1996 to June 2010. He practiced as a partner with Munger, Tolles & Olson, LLP from 1974 to 1996, and served as Managing Partner of the firm from 1991 to 1995. Mr. Katz received his Bachelor of Arts in History from Brandeis University in Massachusetts in 1969 and received his Juris Doctorate from Stanford Law School in 1972. Mr. Katz is a member of the California, 5th and 9th Circuit bars and is admitted to practice before the U.S. Supreme Court. |
J. Michael Talbert |
Mr. J. Michael Talbert is Independent Non-Executive Chairman of the Board, Lead Director of Transocean Ltd. He has served as the non-executive Chairman of the Board since May 2011 and previously served as non-executive Vice Chairman of the Board from August 2010 to May 2011, non-executive Chairman of the Board from October 2004 to November 2007 and executive Chairman of the Board from October 2002 to October 2004. Mr. Talbert also served as Chief Executive Officer from August 1994 until October 2002, Chairman of the Board of Directors from August 1994 until December 1999, and as President from December 1999 until December 2001. Prior to assuming his duties with the company, Mr. Talbert was President and Chief Executive Officer of Lone Star Gas Company, a natural gas distribution company and a division of Ensearch Corporation. He is currently a director of El Paso Corporation (NYSE: EP) (since 2003). Within the past ten years, Mr. Talbert was also a director and the chairman of TODCO. Mr. Talbert received his Bachelor of Science degree in chemical engineering in 1970 from the University of Akron and his MBA in 1975 from Loyola of the South. |
Glyn Barker |
|
Vanessa Chang |
|
Chad Deaton |
|
Jagjeet Bindra |
Mr. Jagjeet Singh Bindra serves as Independent Director of Transocean Ltd since May 13, 2011. Mr. Bindra is the retired President of Chevron Global Manufacturing, a position in which he served from 2003 to 2009. Mr. Bindra joined the Chevron group of companies in 1977 as a research engineer and served in a variety of positions during his career, including as Managing Director of Caltex Australia Ltd. (50% owned by Chevron) from 2002 to 2003, President of Chevron Pipeline Company from 1997 to 2002, Senior Vice President, Pipeline & Transportation, of Chevron Overseas Petroleum from 1995 to 1997, Manager of Strategic Planning for Chevron Corporation from 1994 to 1995 and Group Manager, Projects & Engineering Technology from 1991 to 1994. Mr. Bindra is a director of LyondellBasell Industries N.V. (NYSE: LYB) (since 2011), Edison International (NYSE: EIX) and Southern California Edison Company (since 2010), Larsen & Toubro Ltd., India (NSE: LT) (since 2009) and Transfield Services Limited, Australia (ASX: TSE) (since 2009). He previously served as a director of Reliance Petroleum Ltd. from 2006 to 2007, Caltex Australia Ltd. from 2002 to 2003, GS Caltex, Korea from 2003 to 2009 and Sriya Innovations Inc. (from 2009 to 2010). Mr. Bindra received his MBA in 1979 from St. Mary's College of California, his Master of Science in Chemical Engineering in 1970 from the University of Washington and his bachelor's degree in Chemical Engineering in 1969 from the Indian Institute of Technology, Kanpur. |
Thomas Cason |
Mr. Thomas W. Cason is Independent Director of Transocean Ltd since November 2007. He served as a director of GlobalSantaFe Corporation from November 2001 until November 2007 and of Global Marine, Inc. from 1995 to 2001. Mr. Cason owned and managed five agricultural equipment dealerships until his retirement in December 2006. He served as interim President and Chief Operating Officer of Key Tronic Corporation during 1994 and 1995 and was a partner in Hiller Key Tronic Partners, L.P. Mr. Cason previously held various financial and operating positions with Baker Hughes Incorporated, including senior executive positions with Baker Hughes' Drilling Group, serving most recently as Senior Vice President and Chief Financial Officer of Baker Hughes Incorporated. Mr. Cason started his career as a public accountant with Arthur Young & Company. Mr. Cason served as a member of the Board of Directors of Mirant Corporation from 2006 until December 2010 and was chairman of its audit committee from January 2006 until May 2009. Mr. Cason received his Bachelor of Science degree in Accounting in 1970 from Louisiana State University. |
Steve Lucas |
Mr. Steve Lucas serves as the Independent Director of Transocean Ltd since May 13, 2011. Mr. Lucas is the retired Group Finance Director of National Grid plc, a position in which he served from 2002 to 2010. From 2004 to 2011, Mr. Lucas served as a non-executive director of Compass Group plc and from 2000 to 2002, Mr. Lucas served as Group Finance Director, Lattice Group plc. Mr. Lucas previously served as the Treasurer of BG Group plc from 1998 to 2000 and as Finance Director, Exploration & Production, of British Gas plc from 1994 to 1998. From 1983 to 1994, Mr. Lucas served in a variety of finance roles with Royal Dutch/Shell in the U.K., East Africa, Hong Kong and China. Mr. Lucas is a director of Tullow Oil plc (LON: TLW) (since March 2012) and Essar Infrastructure Limited (since November 2011). Mr. Lucas received his Bachelor of Arts in Geology in 1976 from Oxford University and is also a member of the Institute of Chartered Accountants in England & Wales. |
Martin McNamara |
Mr. Martin B. McNamara is Independent Director of Transocean Ltd since November 1994. Mr. McNamara is a retired Partner of the law firm of Gibson, Dunn & Crutcher LLP and has served as a member of the firm's executive, finance, planning and compensation committees, as well as a Partner-in-Charge of the firm's Texas practice. During the past ten years and prior to his retirement in 2010, Mr. McNamara was in the private practice of law. Mr. McNamara has also served as Ex Officio Trustee and Ex Officio Member of the Executive Committee of St. Mark's School of Texas since 2002. Mr. McNamara received his Bachelor of Arts degree in 1969 from Providence College and his law degree in 1972 from Yale Law School. Mr. McNamara has served as the chair of the Corporate Counsel Section of the State Bar of Texas and is a lifetime fellow of the Texas Bar Foundation. |
Edward Muller |
Mr. Edward R. Muller is Independent Director of Transocean Ltd since November 2007. He served as a director of GlobalSantaFe Corporation from November 2001 to November 2007 and of Global Marine, Inc., from 1997 to 2001. Since the merger of Mirant Corporation with RRI Energy, Inc. to form GenOn Energy, Inc. (NYSE: GEN) in December 2010, he has served as GenOn Energy Inc.'s Chairman and Chief Executive Officer. Since August 2011, he has also served as GenOn Energy's President. Prior to the merger, Mr. Muller served as Chairman, President and Chief Executive Officer of Mirant Corporation from September 2005 to December 2010. Mr. Muller was a private investor from 2000 until 2005. Mr. Muller served as President and Chief Executive Officer of Edison Mission Energy, a wholly owned subsidiary of Edison International, from 1993 until 2000. During his tenure, Edison Mission Energy was engaged in developing, owning and operating independent power production facilities worldwide. Within the past ten years, Mr. Muller was also a director of The Keith Companies, Inc., RigNet, Inc. and Ormat Technologies, Inc. Mr. Muller received his Bachelor of Arts degree in 1973 from Dartmouth College and his law degree in 1976 from Yale Law School. Since 2004, Mr. Muller has been a trustee of the Riverview School and, since 2008, its chairman. |
Robert Sprague |
Mr. Robert M. Sprague is Independent Director of Transocean Ltd since May 13, 2004. Mr. Sprague is the retired Regional Business Director of Shell EP International BV, a position in which he served from April 1997 until June 2003. Mr. Sprague served as Director of Strategy & Business Services for Shell EP International BV from January 1996 until March 1997 and as Exploration & Production Coordinator of Shell International Petroleum BV from May 1994 to December 1995. Mr. Sprague joined the Royal Dutch/Shell group of companies in 1967 and served in a variety of positions in the United States and Europe during his career, including as a director of Shell Canada Limited, a publicly traded company, from April 2000 to April 2003. Mr. Sprague received his Bachelor of Science degree in 1966 and his Masters in Electrical Engineering degree in 1967 from Cornell University. |
Ian Strachan |
Mr. Ian C. Strachan is Independent Director of Transocean Ltd since December 30, 1999. Mr. Strachan is a director of Caithness Petroleum Ltd. (since 2008), Xstrata plc (LON: XTA) (since 2003), and Rolls Royce Group plc (LON: RR) (since 2003). He served as a director of Johnson Matthey plc from 2002 to March 2009 and as Chairman of the Board of Instinet Group Incorporated from January 2003 to December 2005. Mr. Strachan served as Chief Executive Officer of BTR plc from 1996 until 1999. From 1987 to 1995, Mr. Strachan was with Rio Tinto plc, serving as Chief Financial Officer from 1987 to 1991 and as Deputy Chief Executive Officer from 1991 to 1995. He was employed by Exxon Corporation from 1970 to 1986. Mr. Strachan received his Master of Arts in History in 1965 from Christ's College, Cambridge University, and his Master of Public Affairs in 1967 from the Woodrow Wilson School, Princeton University. |
Ek Kia Tan |
Mr. Tan Ek Kia serves as the Independent Director of Transocean Ltd since May 13, 2011. Mr. Tan is the retired Vice President, Ventures and Developments, Asia Pacific and Middle East Region of Shell Chemicals, a position in which he served from 2003 to 2006. Mr. Tan joined the Shell group of companies in 1973 as an engineer and served in a variety of positions in Asia, the U.S. and Europe during his career, including as Chairman, Shell Companies, Northeast Asia from 2000 to 2003, Managing Director of Shell Nanhai from 1997 to 2000 and Managing Director of Shell Malaysia Exploration and Production from 1994 to 1997. Mr. Tan is a director of PT Chandra Asri Petrochemical Tbk (since 2011), Keppel Corporation (since 2010), Keppel Offshore & Marine (since 2009), City Spring (since 2010), SMRT Corporation (since 2009), Dialog Systems Asia (since 2008) and Chairman of City Gas (since 2009). Mr. Tan has also served as the Interim Chief Executive Officer of SMRT Corporation (Singapore Mass Rapid Transit) since January 2012. Mr. Tan received his Bachelor of Science in Mechanical Engineering in 1973 from the University of Nottingham. |
R. Thaddeus Vayda |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Steven Newman |
9,982,950 |
Esa Ikaheimonen |
-- |
John Stobart |
-- |
Ihab Toma |
2,839,440 |
David Tonnel |
-- |
Allen Katz |
-- |
J. Michael Talbert |
149,014 |
Glyn Barker |
-- |
Vanessa Chang |
-- |
Chad Deaton |
-- |
Jagjeet Bindra |
-- |
Thomas Cason |
194,014 |
Steve Lucas |
-- |
Martin McNamara |
157,014 |
Edward Muller |
149,014 |
Robert Sprague |
149,014 |
Ian Strachan |
167,014 |
Ek Kia Tan |
-- |
R. Thaddeus Vayda |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Steven Newman |
92,178 | 4,657,400 |
Esa Ikaheimonen |
0 | 0 |
John Stobart |
0 | 0 |
Ihab Toma |
0 | 0 |
David Tonnel |
0 | 0 |
Allen Katz |
0 | 0 |
J. Michael Talbert |
1,097,128 | 10,045,590 |
Glyn Barker |
0 | 0 |
Vanessa Chang |
0 | 0 |
Chad Deaton |
0 | 0 |
Jagjeet Bindra |
0 | 0 |
Thomas Cason |
0 | 0 |
Steve Lucas |
0 | 0 |
Martin McNamara |
0 | 0 |
Edward Muller |
0 | 0 |
Robert Sprague |
0 | 0 |
Ian Strachan |
0 | 0 |
Ek Kia Tan |
0 | 0 |
R. Thaddeus Vayda |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
MCNAMARA MARTIN B |
2,179 | $55.11 |
STRACHAN IAN CHARLES |
5,635 | $21.15 |
MCNAMARA MARTIN B |
5,635 | $21.15 |
STRACHAN IAN CHARLES |
2,179 | $55.10 |
TOMA IHAB MAGDY |
271 | $0.00 |
TOMA IHAB MAGDY |
5,245 | $0.00 |
TONNEL DAVID A |
861 | $0.00 |
TONNEL DAVID A |
3,147 | $0.00 |
NEWMAN STEVEN L |
426 | $0.00 |
NEWMAN STEVEN L |
18,097 | $0.00 |
TONNEL DAVID A |
472 | $0.00 |
NEWMAN STEVEN L |
9,765 | $0.00 |
NEWMAN STEVEN L |
262 | $0.00 |
TOMA IHAB MAGDY |
2,219 | $0.00 |
TOMA IHAB MAGDY |
115 | $0.00 |
TONNEL DAVID A |
1,479 | $0.00 |
CASON THOMAS W |
5,094 | $33.50 |
CASON THOMAS W |
5,094 | $53.87 |
MUNRO MICHAEL F |
1,922 | $45.36 |
KATZ ALLEN M |
32,328 | $0.00 |
TOMA IHAB MAGDY |
163 | $0.00 |
MUNRO MICHAEL F |
692 | $0.00 |
TOMA IHAB MAGDY |
3,137 | $0.00 |
TONNEL DAVID A |
2,614 | $0.00 |
TONNEL DAVID A |
692 | $0.00 |

