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Information Process Solutions News

23 Feb 2010

Newman Transocean CEO in March

Transocean Ltd. (NYSE:RIG) announced the effective date for Steven L. Newman to become CEO is March 1, 2010. As previously announced, Newman will succeed Robert L. Long, who is retiring as CEO. In keeping with current corporate governance best practices, Long will also be resigning from the company's Board of Directors effective February 28, 2010. Newman will be included on the Annual General Meeting of Shareholders agenda in May as a candidate for election as a member of the Board of Directors. Newman has served as President and Chief Operating Officer since May 2008. He previously served in various senior management roles, including Executive Vice President of Performance…

18 Aug 2009

Newman New CEO of Transocean

Transocean Ltd. (NYSE:RIG) announced that Robert L. Long will retire as Chief Executive Officer in the first quarter of 2010. The Board of Directors has named Steven L. Newman, currently President and Chief Operating Officer, to succeed Mr. Long upon his retirement as CEO. Commenting on Mr. Newman's appointment to the position of CEO, Long said, "Since joining the company in 1994, Steven has proven that he is a solid leader with a deep understanding of the offshore drilling business and a strong commitment to our shareholders, customers, employees, host countries and local communities.

19 Oct 2006

Transocean Appoints New President, COO

Transocean Inc. has named Jean P. Cahuzac as president and Steven L. Newman as chief operating officer. Cahuzac, who previously served as executive vice president and chief operating officer of the company, will report to Robert L. Long. Long was president and CEO but will now continue as CEO and as a director of the company. Cahuzac joined a predecessor company of Transocean in 1979 and has held various international technical and senior management positions in the oil and gas industry during the past 27 years. Newman, who previously served as senior vice president of human resources and information process solutions, joined Transocean in 1994. Transocean also appointed David J. Mullen as senior vice president of marketing and planning and Robert "Rob" J.