Transocean Management
Management criteria checks 1/4
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 $30.76M. 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
Transocean: Raising Estimates After Encouraging Drillship Contract Extension - Hold
Apr 08A Look At The Fair Value Of Transocean Ltd. (NYSE:RIG)
Mar 31
Transocean: The Picture Is Looking Up, But It's Too Early To Get Excited
Mar 26What You Can Learn From Transocean Ltd.'s (NYSE:RIG) P/S
Mar 13Transocean: 2024 Not Off To A Good Start
Mar 11Transocean: Lowering Estimates After Disappointing 2024 Outlook - Hold
Feb 21Transocean: Improving Liquidity, Deleveraging, And Potential Profitability
Feb 05Transocean (NYSE:RIG) Has Debt But No Earnings; Should You Worry?
Jan 24Transocean: Levered Bet On Deepwater Offshore
Jan 19Transocean Continues To Face Challenges With Profitability
Jan 13Transocean: 5 Reasons To Be Bullish Into 2024
Dec 27Transocean: Set To Rise In 2024
Dec 13Transocean Stock: Bulls, Do Not Despair
Nov 25Transocean Has Had Its Ride Higher Already
Nov 17Transocean - Downgrading On More Gradual Industry Recovery Assumptions - Hold
Nov 02Transocean: Uninspiring Fleet Status Report Not Likely To Provide A Catalyst - Buy On Weakness
Oct 23Transocean: Drill Baby Drill
Oct 13Transocean: May Soar By 200% In The Next 36 Months
Oct 03Transocean Acquires Newbuild Drillship Following $486 Million Long-Term Contract Award - Buy
Sep 15Is Transocean (NYSE:RIG) Using Too Much Debt?
Sep 14Transocean: Deleveraging Story Becomes Clearer
Sep 02Transocean: Let's Do The Convertible Bond Math
Aug 21Transocean: Solid Quarter And Great Long-Term Outlook, Buy
Aug 02Transocean's Fleet Status Report Indicates A Healthy Backlog
Jul 26Calculating The Fair Value Of Transocean Ltd. (NYSE:RIG)
Jul 10Transocean Gets A New Contract, Wider Recovery Expected
Jul 03Transocean's Improving Prospects Are Not Reflected In Its Stock Price
Jun 21Transocean: A Great Trading Tool, But Not Much More
Jun 14Is Transocean (NYSE:RIG) Using Too Much Debt?
Jun 04Shareholders Should Be Pleased With Transocean Ltd.'s (NYSE:RIG) Price
Apr 17Is Transocean (NYSE:RIG) A Risky Investment?
Mar 01Transocean: Post Earnings Sell-Off Provides Buying Opportunity
Feb 23Transocean invests in GSR and offers rig for exploration work
Feb 09Transocean's Dhirubhai drillship contracted for 900+ days in Brazil
Jan 31Transocean: The Cold Stacked Rigs May Be The Next Question
Jan 24Transocean unit commences $1.75B senior secured notes offering
Jan 17Transocean commences $500M senior secured notes offering
Jan 09Transocean's Backlog Increased Again - Revenue Rise Likely
Dec 20Transocean bags 2 contracts for its drillships worth over $1B
Dec 07Transocean (NYSE:RIG) Has A Somewhat Strained Balance Sheet
Dec 01Transocean: Shares Rally After Management Promises To Abstain From Further Near-Term Dilution
Nov 04Transocean: Strong Fleet Status Report But Issues Remain
Oct 17Transocean Shares Have Just Plunged Substantially But Have Upside Potential
Sep 27Transocean - Debt And Liquidity Issues In The Spotlight Again
Sep 16Transocean secures $181M in contracts for Deepwater Asgard
Sep 07Transocean Non-GAAP EPS of -$0.10 beats by $0.04, revenue of $722M beats by $31.03M
Aug 01Transocean: Industry Recovery Is Gaining Further Traction - Buy
Jul 26Is Transocean (NYSE:RIG) Using Debt In A Risky Way?
Jul 18Transocean Is Better Valued Than Valaris - 2 Companies In An Undervalued Industry
Jul 15Is Now A Good Time To Buy Transocean Stock?
Jun 08CEO 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 |
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% $ 30.8m | |
| President & COO | 5.8yrs | US$4.77m | 0.12% $ 6.1m | |
| Executive VP & CFO | 8.9yrs | US$5.28m | 0.19% $ 9.5m | |
| Executive VP | 8.7yrs | US$4.03m | 0.17% $ 8.5m | |
| Executive VP & General Counsel | 8.4yrs | US$3.63m | 0.17% $ 8.6m | |
| Senior VP & Chief Accounting Officer | 7yrs | US$1.87m | 0.088% $ 4.3m | |
| 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
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 8.5yrs | US$11.36m | 0.63% $ 30.8m | |
| Independent Director | 16.3yrs | US$315.63k | 0.0015% $ 75.3k | |
| Independent Director | 10.9yrs | US$318.22k | 0% $ 0 | |
| Independent Chairman of the Board | 11.9yrs | US$447.36k | 0.017% $ 837.7k | |
| Independent Director | 11.9yrs | US$340.63k | 0.0059% $ 292.2k | |
| Independent Director | 9.9yrs | US$318.22k | 0.0024% $ 119.0k | |
| Independent Director | 11.9yrs | US$325.63k | 0.00036% $ 17.7k | |
| 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% $ 508.4m | |
| Independent Director | 10.9yrs | US$308.22k | 0% $ 0 |
10.9yrs
Average Tenure
65yo
Average Age
Experienced Board: RIG's board of directors are seasoned and experienced ( 10.9 years average tenure).