Transocean Management
Management criteria checks 3/4
Transocean's CEO is Jeremy Thigpen, appointed in Apr 2015, has a tenure of 8.5 years. total yearly compensation is $11.36M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth R$154.17M. The average tenure of the management team and the board of directors is 7.7 years and 10.9 years respectively.
Key information
Jeremy Thigpen
Chief executive officer
US$11.4m
Total compensation
| CEO salary percentage | 10.1% |
| CEO tenure | 9yrs |
| CEO ownership | 0.6% |
| Management average tenure | 7.7yrs |
| Board average tenure | 10.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$11m | US$1m | -US$954m |
| Sep 30 2023 | n/a | n/a | -US$1b |
| Jun 30 2023 | n/a | n/a | -US$1b |
| Mar 31 2023 | n/a | n/a | -US$911m |
| Dec 31 2022 | US$12m | US$1m | -US$621m |
| Sep 30 2022 | n/a | n/a | -US$531m |
| Jun 30 2022 | n/a | n/a | -US$633m |
| Mar 31 2022 | n/a | n/a | -US$668m |
| Dec 31 2021 | US$14m | US$1m | -US$592m |
| Sep 30 2021 | n/a | n/a | -US$369m |
| Jun 30 2021 | n/a | n/a | US$120m |
| Mar 31 2021 | n/a | n/a | -US$274m |
| Dec 31 2020 | US$6m | US$1m | -US$567m |
| Sep 30 2020 | n/a | n/a | -US$581m |
| Jun 30 2020 | n/a | n/a | -US$2b |
| Mar 31 2020 | n/a | n/a | -US$1b |
| Dec 31 2019 | US$10m | US$1m | -US$1b |
| Sep 30 2019 | n/a | n/a | -US$1b |
| Jun 30 2019 | n/a | n/a | -US$1b |
| Mar 31 2019 | n/a | n/a | -US$2b |
| Dec 31 2018 | US$9m | US$1m | -US$2b |
| Sep 30 2018 | n/a | n/a | -US$2b |
| Jun 30 2018 | n/a | n/a | -US$3b |
| Mar 31 2018 | n/a | n/a | -US$3b |
| Dec 31 2017 | US$9m | US$1m | -US$3b |
Compensation vs Market: Jeremy's total compensation ($USD11.36M) is above average for companies of similar size in the BR market ($USD2.66M).
Compensation vs Earnings: Jeremy's compensation has been consistent with company performance over the past year.
CEO
Jeremy Thigpen (48 yo)
9yrs
Tenure
US$11,355,216
Compensation
Mr. Jeremy D. Thigpen is Executive Member of the Board of Directors, President & CEO of SWISSPETENERGY COM LTD. He has been the Chief Executive Officer of Transocean Ltd.since April 22, 2015 and served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 9yrs | US$11.36m | 0.63% $ 154.2m | |
| President & COO | 5.8yrs | US$4.77m | 0.12% $ 30.4m | |
| Executive VP & CFO | 8.9yrs | US$5.28m | 0.19% $ 47.5m | |
| Executive VP | 8.7yrs | US$4.03m | 0.17% $ 42.5m | |
| Executive VP & General Counsel | 8.4yrs | US$3.63m | 0.17% $ 43.1m | |
| Senior VP & Chief Accounting Officer | 7yrs | US$1.87m | 0.088% $ 21.6m | |
| Senior Vice President of Corporate Finance & Treasurer | 9.8yrs | no data | no data | |
| Vice President of Technical Services | no data | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Senior Vice President of Human Resources | 6.3yrs | no data | no data | |
| Executive VP & Chief Commercial Officer | 2.3yrs | no data | no data | |
| Senior VP & Chief Audit Executive | 5.7yrs | no data | no data |
7.7yrs
Average Tenure
53yo
Average Age
Experienced Management: RIGG34's management team is seasoned and experienced (7.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.5yrs | US$11.36m | 0.63% $ 154.2m | |
| Independent Director | 16.3yrs | US$315.63k | 0.0015% $ 377.2k | |
| Independent Director | 10.9yrs | US$318.22k | 0% $ 0 | |
| Independent Chairman of the Board | 11.9yrs | US$447.36k | 0.017% $ 4.2m | |
| Independent Director | 11.9yrs | US$340.63k | 0.0059% $ 1.5m | |
| Independent Director | 9.9yrs | US$318.22k | 0.0024% $ 596.6k | |
| Independent Director | 11.9yrs | US$325.63k | 0.00036% $ 88.8k | |
| Independent Director | 2.9yrs | US$308.22k | 0% $ 0 | |
| Independent Director | less than a year | US$272.19k | 0% $ 0 | |
| Independent Director | 6.3yrs | US$308.22k | 10.34% $ 2.5b | |
| Independent Director | 10.9yrs | US$308.22k | 0% $ 0 |
10.9yrs
Average Tenure
65yo
Average Age
Experienced Board: RIGG34's board of directors are seasoned and experienced ( 10.9 years average tenure).