Saltiel Named Transocean Executive VP, COO

Monday, November 23, 2009

Transocean Ltd. (NYSE:RIG) announced the following appointment within its senior management team, effective Dec. 1, 2009: Rob Saltiel, currently Executive Vice President, Performance, will become Executive Vice President and Chief Operating Officer. Steven Newman, currently President and Chief Operating Officer, will remain President until he becomes Chief Executive Officer in early 2010 when Bob Long plans to retire as CEO.

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