Transocean Management
Management criteria checks 3/4
Transocean's CEO is Jeremy Thigpen, appointed in Apr 2015, has a tenure of 9.33 years. total yearly compensation is $11.36M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.59% of the company’s shares, worth CHF21.79M. The average tenure of the management team and the board of directors is 4.4 years and 10.8 years respectively.
Key information
Jeremy Thigpen
Chief executive officer
US$11.4m
Total compensation
CEO salary percentage | 10.1% |
CEO tenure | 9.3yrs |
CEO ownership | 0.6% |
Management average tenure | 4.4yrs |
Board average tenure | 10.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | -US$349m |
Mar 31 2024 | n/a | n/a | -US$391m |
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 Swiss market ($USD1.51M).
Compensation vs Earnings: Jeremy's compensation has been consistent with company performance over the past year.
CEO
Jeremy Thigpen (49 yo)
9.3yrs
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 | 9.3yrs | US$11.36m | 0.59% $ 21.8m | |
President & COO | 6.2yrs | US$4.77m | 0.12% $ 4.3m | |
Executive VP & General Counsel | 8.8yrs | US$3.63m | 0.17% $ 6.1m | |
Executive VP & CFO | less than a year | no data | 0.019% $ 708.6k | |
Senior VP & Chief Accounting Officer | less than a year | no data | 0.013% $ 489.9k | |
Senior 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 Capital Management | 6.6yrs | no data | no data | |
Executive VP & Chief Commercial Officer | 2.6yrs | no data | no data | |
Vice President & Treasurer | less than a year | no data | no data | |
Manager of Investor Relations | no data | no data | no data |
4.4yrs
Average Tenure
50yo
Average Age
Experienced Management: RIGN's management team is considered experienced (4.4 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 8.8yrs | US$11.36m | 0.59% $ 21.8m | |
Independent Director | 11.3yrs | US$318.22k | 0% $ 0 | |
Independent Chairman of the Board | 12.3yrs | US$428.18k | 0.016% $ 593.4k | |
Independent Director | 12.3yrs | US$343.22k | 0.0056% $ 207.0k | |
Independent Director | 10.3yrs | US$318.22k | 0.0023% $ 84.0k | |
Independent Director | 12.3yrs | US$328.22k | 0.00034% $ 12.5k | |
Independent Director | 3.3yrs | US$308.22k | 0% $ 0 | |
Independent Director | 1.3yrs | US$272.19k | no data | |
Independent Director | 6.6yrs | US$308.22k | 0.0025% $ 93.2k | |
Independent Director | 11.3yrs | US$308.22k | 0% $ 0 |
10.8yrs
Average Tenure
64.5yo
Average Age
Experienced Board: RIGN's board of directors are seasoned and experienced ( 10.8 years average tenure).