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R. Thaddeus Vayda Executive Vice President and Chief Financial Officer

Candid photo of R. Thaddeus Vayda

R. Thaddeus Vayda is Executive Vice President and Chief Financial Officer of Transocean Ltd.

Mr. Vayda was appointed Executive Vice President and Chief Financial Officer in May 2024.  Prior to this role, he served as Senior Vice President of Corporate Finance and Treasurer from February 2023 to April 2024, as Vice President, Corporate Finance and Treasurer from August 2015 until February 2023, as Vice President, Investor Relations and Treasurer from July 2014 to August 2015, as Vice President, Investor Relations and Communications from March 2012 to June 2014 and as Vice President, Investor Relations from July 2011 to February 2012.  Mr. Vayda initially joined Transocean in August 1995, working with the company until April 2000 in positions that included Director of Corporate Planning and Operational Division Engineer.

Between May 2000 and June 2011, Mr. Vayda worked primarily in energy-related equity capital markets roles, including at RBC Capital Markets and as Managing Director, Equity Research at Stifel, Nicolaus & Company where, as an equity analyst, he published strategic and financial assessments and opinions on energy and oilfield services and equipment companies.  Earlier in his career, Mr. Vayda held various leadership positions at Northwest Airlines where he was responsible for managing financial yield in certain markets served by the airline and, separately, determining the company’s fleet asset strategy.  Mr. Vayda started his professional career with Booz Allen Hamilton, Management Consultants.

Mr. Vayda earned a Masters in Business Administration from The Fuqua School of Business at Duke University, Durham, North Carolina in May 1992, and a Bachelor of Science degree in Engineering from The Catholic University of America at Washington, D.C. in May 1985.

“Our strong position in the industry results from our significant contract backlog, consistently excellent operating performance, and the organization’s dedication to maximizing the value realized from every dollar invested in our business. We remain intently focused on further enhancing Transocean’s leadership position – operationally and financially – for the benefit of our shareholders and employees as we position ourselves to best participate in the long-awaited industry recovery.”