New president and CEO of Transocean named

The Transocean company has announced that it has appointed Jeremy Thigpen as new president and CEO with immediate effect.
 
Thigpen comes to Transocean, one of the world's leading providers of offshore contract drilling services for energy companies, from the National Oilwell Varco Inc of Houston, Texas, which, like Transocean, is a provider of equipment and components used in oil and gas drilling and production operations.
 
Prior to taking up numerous posts of responsibility in the oil business, Thigpen gained a degree in economics and managerial studies from the William Marsh Rice University of Houston and subsequently completed a programme in management development at Harvard Business School.
 
He takes over his new responsibilities after Ian Strachan, the chairman of the board, took over for a two-month interim period following the departure of Stephen Newman in February, a few weeks after Transocean had announced it had made a loss of $1.9 million in 2014, caused to a large extent by the fall in the price of crude oil. During this same year it was made known that Newman, who had worked at the company since 1994 and been at its helm since 2000, was the top earner among leaders of Swiss companies quoted on the stock exchange.
 
Transocean employs some 15,000 staff, some of them "exploring the last frontier on earth, namely the deep ocean, to a depth of more than 10,000' below the surface of the sea," as it says on the company's website.
 
The photograph shows the 4-Tower complex on Turmstrasse in Steinhausen, in which Transocean has its headquarters.
  
 
 
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