Longtime Transocean CEO Jeremy Thigpen is transitioning into a new role as chairman of the company’s board, the offshore drilling firm announced Tuesday.
Thigpen,50, has been at the helm of the world’s biggest offshore rig company since 2015, and he guided the firm through the toughest years of the offshore market downturn. Transocean survived a debt restructuring in 2020 and went on to acquire two major rivals, Songa Offshore and Ocean Rig. Under Thigpen, Transocean overhauled and…
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