Transocean CEO Jeremy Thigpen to Step Down, Keelan Adamson Named Successor

Transocean Ltd. (NYSE: RIG) announced today a significant leadership transition, with current President and Chief Operating Officer Keelan Adamson set to take the helm as President and Chief Executive Officer during the second quarter of 2025.

The succession plan will see Jeremy Thigpen, who has served as CEO since 2015, transition to the role of Executive Chair of the Board of Directors, subject to shareholder approval at the 2025 annual general meeting. Current Board Chair Chad Deaton will assume the position of Lead Independent Director.

Adamson brings extensive industry experience to the role, having served Transocean for nearly three decades. His c…