Transocean proposes ex NOV CEO as Vice Chairman

Transocean Ltd.’s Board of Directors has recommended that shareholders approve the election of Merrill A. “Pete” Miller, Jr. as a member of the Board for a term extending until completion of the 2015 Annual General Meeting.

Pete Miller

Assuming he is elected by shareholders at the EGM, the Board intends to designate Miller as Vice Chairman.

Ian C. Strachan, the current Chairman of the Board, will reach 72 years of age before the 2015 AGM. In accordance with the company’s Corporate Governance Guidelines, it is anticipated that Strachan will retire from the Board at the end of his term at the 2015 AGM. The Board currently expects to recommend that shareholders elect Miller as Chairman at the 2015 AGM.

Miller is the Executive Chairman of NOW Inc., a spinoff of the distribution business of National Oilwell Varco, Inc., a supplier of oilfield services and equipment to the oil and gas industry.

Prior to assuming this role, Miller served as President and Chief Executive Officer of National Oilwell Varco and as Chairman of the Board. Miller is also a Director of Chesapeake Energy Corporation and served as President of Anadarko Drilling Company. Prior to Anadarko, Miller held various senior management positions at Helmerich & Payne, Inc. (NYSE: HP), including Vice President, U.S. Operations.

Miller graduated from the United States Military Academy and received his MBA from the Harvard Business School. The Board believes Miller’s extensive industry and senior management experience will be of significant value to the company.

Press Release, July 16, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply