Transocean CEO and President Steven Newman Steps Down
February 15 2015 - 10:29PM
Dow Jones News
By Anjie Zheng
Transocean Ltd. (RIG) said its president and chief executive,
Steven Newman, will step down effective Monday.
The international offshore drilling services company said Sunday
that the agreement was mutually agreed by Mr. Newman and the board
of directors, without giving a reason for the resignation.
Ian Strachan, chairman of the board, will serve as interim chief
executive until a permanent replacement is named.
Write to Anjie Zheng at anjie.zheng@wsj.com
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