The Zug, Switzerland-headquartered player said Jeremy Thigpen would succeed interim chief executive Ian Strachan.
"Jeremy is an exceptionally talented and proven executive who brings to Transocean considerable experience and a unique perspective on the industry," Strachan said.
Thigpen will succeed Steven Newman, who stepped down in February as the company struggled with a major oversupply in the rig market and falling oil prices.
The
