Transocean named Jeremy D. Thigpen as president and CEO effective 22 April 2015. Thigpen succeeds Ian C. Strachan, Interim CEO. As previously announced, Strachan, who is also the company’s chairman of the Board of Directors, will retire from the Board at the end of his term at the 2015 Annual General Meeting following approximately 16 years of service.
Prior to joining Transocean, Thigpen spent his career in various roles at National Oilwell Varco (NOV) and has served as NOV’s senior vice president and CFO since 2012. Additionally, he was president of NOV’s Downhole and Pumping Solutions business from 2007 until 2012, and from 2003 to 2007 served as president of NOV’s Downhole Tools group.
