Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 17, 2011

 

 

TRANSOCEAN LTD.

(Exact name of registrant as specified in its charter)

 

 

 

Switzerland   000-53533   98-0599916

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

10 Chemin de Blandonnet

1214 Vernier, Geneva

Switzerland

  CH-1214
(Address of principal executive offices)   (zip code)

Registrant’s telephone number, including area code: +41 (22) 930-9000

 

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 17, 2011, Transocean Ltd. (“the Company”) announced it has appointed Nick Deeming as Senior Vice President, General Counsel and Assistant Corporate Secretary, effective at the start of his employment, which is expected to begin on February 7, 2011. Eric B. Brown, currently in that role, will transition to the Company’s Houston office, primarily leading the Company’s Macondo litigation efforts.

Mr. Deeming most recently served as Group General Counsel and Company Secretary of Christie’s, the world’s leading art business, from 2007 to 2011. Prior to Christie’s, from 2001 to 2007, Mr. Deeming served as the Chief Legal Officer of Linde Group AG (formerly UK FTSE 100, BOC Group Plc), a global industrial and medical gases company. Prior to that, from 1999 to 2001, he served as the Chief Legal Officer of Sema Group Plc, the Anglo-French IT services global business; from 1990 to 1998, the Group Legal Director of PPP Healthcare Group PLC; from 1986 to 1990, the Group Legal Director of the financial services group Target Group Plc and from 1983 to 1986, the Head of Legal Services of Burmah Oil Exploration.

A copy of the press release naming Mr. Deeming to the position of Senior Vice President, General Counsel and Assistant Corporate Secretary is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

 

Exhibit No.

 

Description

99.1   Press Release dated January 17, 2011


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

TRANSOCEAN LTD.

Date: January 18, 2011   By  

/s/ Eric J. Christ

    Eric J. Christ
    Authorized Person


Index to Exhibits

 

Exhibit
Number

 

Description

99.1   Press Release dated January 17, 2011