Jeremy Thigpen - Transocean President CEO, Director

RIGG34 Stock  BRL 24.44  0.22  0.91%   

CEO

Mr. Jeremy D. Thigpen is President, Chief Executive Officer, Director of the Company. Mr. Thigpen served as Senior Vice President and Chief Financial Officer at National Oilwell Varco, Inc. from 2012 to 2015. During his tenure at National Oilwell Varco, Mr. Thigpen spent five years from 2007 to 2012 as the companys President of Downhole and Pumping Solutions business, and four years from 2003 to 2007 as President of its Downhole Tools group. He also served in various management and business development capacities, including Director of Business Development and Special Assistant to the Chairman for National Oilwell Varco. The Board of Directors has concluded that Mr. Thigpen should remain on the Board of Directors and has recommended that he serve an additional term. The Board of Directors believes that it is important for the Chief Executive Officer of the Company to serve on the Board of Directors, as it ensures an efficient flow of information between the Board of Directors and executive management. In addition, Mr. Thigpen has substantial industry experience and a competitive perspective, which assists the Board of Directors in considering strategic decisions for the Company since 2015.
Age 48
Tenure 10 years
Phone41 41 749 0500
Webhttps://www.deepwater.com
Thigpen earned a Bachelor of Arts degree in Economics and Managerial Studies from Rice University in 1997, and he completed the Program for Management Development at Harvard Business School in 2001.

Jeremy Thigpen Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jeremy Thigpen against Transocean stock is an integral part of due diligence when investing in Transocean. Jeremy Thigpen insider activity provides valuable insight into whether Transocean is net buyers or sellers over its current business cycle. Note, Transocean insiders must abide by specific rules, including filing SEC forms every time they buy or sell Transocean'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Transocean Management Efficiency

Transocean's management efficiency ratios could be used to measure how well Transocean manages its routine affairs as well as how well it operates its assets and liabilities.
Transocean has accumulated 6.66 B in total debt with debt to equity ratio (D/E) of 0.67, which is about average as compared to similar companies. Transocean has a current ratio of 1.95, which is within standard range for the sector. Debt can assist Transocean until it has trouble settling it off, either with new capital or with free cash flow. So, Transocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Transocean sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Transocean to invest in growth at high rates of return. When we think about Transocean's use of debt, we should always consider it together with cash and equity.

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Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company was founded in 1926 and is based in Steinhausen, Switzerland. TRANSOCEAN DRN is traded on Sao Paolo Stock Exchange in Brazil. Transocean (RIGG34) is traded on Sao Paulo Exchange in Brazil and employs 5,000 people.

Management Performance

Transocean Leadership Team

Elected by the shareholders, the Transocean's board of directors comprises two types of representatives: Transocean inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Transocean. The board's role is to monitor Transocean's management team and ensure that shareholders' interests are well served. Transocean's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Transocean's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alison Johnson, Sr Relations
Jeremy Thigpen, President CEO, Director
Keelan Adamson, COO, Executive Vice President
Robert Vayda, VP Treasurer
Janelle Daniel, Sustainability HR
Roddie Mackenzie, Ex Officer
David Tonnel, Senior Vice President and Corporate Controller
MarkAnthony Sr, Ex CFO
Howard Davis, Executive Vice President Chief Administrative Officer, CIO
Brady Long, Senior Vice President General Counsel

Transocean Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Transocean a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Additional Information and Resources on Investing in Transocean Stock

When determining whether Transocean is a strong investment it is important to analyze Transocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transocean's future performance. For an informed investment choice regarding Transocean Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Transocean Stock refer to our How to Trade Transocean Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Please note, there is a significant difference between Transocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.