Transocean Appoints Rob Shaw

Transocean Ltd. has appointed Rob Shaw to serve as Vice President, Controller and Principal Accounting Officer, effective December 1, 2011. Until Shaw assumes this position, Robert L. Herrin, Jr. will serve as interim Vice President and Controller and Ricardo H. Rosa, the company’s Senior Vice President and Chief Financial Officer, will serve as interim Principal Accounting Officer. Herrin has served as the company’s Vice President of Internal Audit since 2007, but will not act in that capacity during the period that he serves as interim Vice President and Controller.

Shaw, age 48, has served as Vice President and Treasurer since joining the company in July 2010. Previously, Shaw served as Head of Corporate Finance and Treasury at Air Liquide, based in Paris France. He has more than 25 years of financial and business experience, including his roles as Chief Financial Officer, North and South America, at Alstom Transport; Vice President of Investor Relations at Alstom Corporate; as well as senior financial roles at Disney Consumer Products in London and Disneyland Paris. Shaw started his career at the Chase Manhattan Bank N.A. in New York in 1984.

Shaw received his Bachelor’s degree from Northwestern University in 1984 and his Masters of Business Administration from The Wharton School at the University of Pennsylvania in 1990.