Transocean announces retirement of John Stobart

Transocean has announced that John Stobart, Executive Vice President, Chief Operating Officer and Chief Performance Officer, is retiring. Keelan Adamson, the company’s Senior Vice President – Operations, has assumed Mr Stobart’s responsibilities, effective 1 June 2018.

“It has been my sincere pleasure to work with John over these past three years,” said Jeremy Thigpen, President and Chief Executive Officer. “Under John’s leadership, Transocean re-established itself as the standard for excellence, delivering industry-leading performance in safety, uptime and drilling efficiency. As a direct result of John’s unwavering commitment to both operational performance and procedural discipline, and to the development of the next generation of leadership, I have every confidence that Transocean will continue to build upon the solid foundation that John helped to establish. On behalf of Transocean’s board of directors and all Transocean employees, I want to thank John for his immeasurable contributions, and wish him the very best in his much-deserved retirement.”