Transocean Inc. Announces Management Change and Promotions
The company also announced the following promotions, which are effectiveimmediately:
Robert J. Scott has been named Senior Vice President, Operations. Mr. Scottpreviously held the position of Vice President, Operations Support. He joinedthe company in 1969 and has held a variety of operating management roles overhis 33-years of service.
John W. Rouse has been named Vice President, Engineering and Construction. Mr.Rouse previously held the title of Director of Engineering and Construction. Hejoined the company in 1975 and has served in various engineering roles sincethat time. Mr. Rouse graduated from the University of Houston in 1973 with aBachelor of Science degree in structural/civil engineering. He has completedseveral project-management and other courses, including one on businessnegotiation at Harvard Business School and the University of Pennsylvania'sWharton School project and business management program. A registeredprofessional engineer, he is a member of the American Society of Civil Engineersand is a past recipient of the International Association of DrillingContractors' Special Service Award. Mr. Rouse also served as technical advisorfor the U.S. Delegation to the International Maritime Organization and is thecurrent Chairman of the DNV Rig Owner's Committee.
Mrsrs. Scott and Rouse report to Jean P. Cahuzac, Executive Vice President andChief Operating Officer.
Phillip M. Hall has been named Vice President, Operations Technical Support,reporting to Mr. Scott. Mr. Hall previously held the title of Director ofCorporate Planning. Since joining the company in 1978, he has served in variousoperations and engineering positions. A member of the International Associationof Drilling Contractors and the Society of Petroleum Engineers, Mr. Hallgraduated from Georgia Tech in 1975 with a bachelor of civil engineering degreeand he completed Harvard University's executive management program in 1997.
Transocean Inc. is the world's largest offshore drilling contractor with morethan 150 full or partially owned and managed mobile offshore drilling units,inland drilling barges and other assets utilized in the support of offshoredrilling activities worldwide. The company's mobile offshore drilling fleet isconsidered one of the most modern and versatile in the world with 31high-specification semisubmersibles and drillships, 27 other semisubmersiblesand one drillship, and 52 jackup drilling rigs. Transocean Inc. specializes intechnically demanding segments of the offshore drilling business, includingindustry-leading positions in deepwater and harsh environment drilling services.With a current equity market capitalization in excess of $6 billion, thecompany's ordinary shares are traded on the New York Stock Exchange under thesymbol \"RIG.\"
Transocean Inc., Houston
Jeffrey L. Chastain, 713/232-7551
Guy A. Cantwell, 713/232-7647