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Subsea 7: Chief Financial Officer Leaves, Replaced By Ricardo Rosa

By Dominic Chopping Norwegian seabed-to-surface engineering contractor Subsea 7 S.A. (SUBC.OS) said Thursday that Chief Financial Officer Simon Crowe is leaving to pursue other interests from the end of July and will be succeeded by Ricardo Rosa from July 09. MAIN FACTS: -Ricardo Rosa was until recently Executive Vice President and CFO of Transocean Ltd (RIG) where he had previously held general management roles as Senior Vice President for both the Europe & Africa and Asia Pacific regions. -Prior to joining Transocean, Ricardo was employed by Schlumberger Ltd (SLB) and, during a 16-year international career, held various financial positions of increasing responsibility. -Shares closed Wednesday at NOK125, valuing the company at NOK43.97 billion. -Write to Dominic Chopping at dominic.chopping@dowjones.com

Stock News for Transocean (RIG)
DateTimeHeadline
05/21/201312:40:10MARKET COMMENT: Zurich Stocks Close Slightly Higher
05/17/201314:15:11Correction to Transocean CEO Welcomes Merksamer Headline
05/17/201313:56:45Transocean CEO Confirms Shareholders Rejected Icahn's Dividend...
05/16/201305:54:27Kongsberg Gruppen Gets "Significant" Drillships Contract
05/08/201317:29:47Transocean First-Quarter Profit Soars on Year-Earlier Losses
05/01/201318:27:15Glass Lewis Supports Transocean's Dividend Proposal, Backs One...
04/30/201317:37:36Transocean Cutting Positions, Closing Facilities in Onshore Business
04/26/201308:43:10ISS Backs Two Icahn Nominees to Transocean Board
04/15/201302:56:45Cairn Agrees Pact With Transocean For Cajun Express Drilling...
04/08/201318:36:07Brazil's ANP Allows Chevron to Resume Production at Frade Field
04/05/201315:20:07Court Rules Against BP on Oil Spill Settlement Payments
04/05/201315:07:04US Court Rules Against BP on Oil Spill Settlement Payments Dispute
04/04/201309:25:51Icahn Asks Transocean Holders to Back His Board Slate, Higher...
03/22/201316:22:03BP Asks Court to Sanction Halliburton in Deepwater Horizon Trial
03/20/201320:04:29Cameron Won't Face Punitive Damages in Deepwater Horizon Spill...
03/17/201321:10:11Transocean Board Urges Rejection of Icahn Plan
03/07/201318:30:26Icahn Boosts Stake in Herbalife to More Than 15%
03/07/201318:19:44Icahn Boosts Stake In Herbalife to More Than 15%
03/07/201312:11:34Icahn Takes Case for Higher Dividend, New Board Members to Transocean...
03/07/201310:32:59Transocean Calls Icahn's Dividend Proposal 'Overly Aggressive'

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