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The charts on this page feature a breakdown of the total annual pay for the top executives at TRANSOCEAN LTD as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. TRANSOCEAN LTD income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. TRANSOCEAN LTD annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Jeremy D. Thigpen
Chief Executive Officer
Total Cash $2,847,409 Equity $8,591,879 Other $294,575 Total Compensation $11,733,863
Howard E. Davis
Executive Vice President and Chief Administrative and Information Officer
Total Cash $1,166,000 Equity $2,309,074 Other $124,520 Total Compensation $3,599,594
Mark L. Mey
Executive Vice President and Chief Financial Officer
Total Cash $1,611,200 Equity $2,899,756 Other $178,582 Total Compensation $4,689,538
Brady K. Long
Executive Vice President and General Counsel
Total Cash $1,260,357 Equity $2,343,243 Other $131,597 Total Compensation $3,735,197
Keelan I. Adamson
President and Chief Operations Officer
Total Cash $1,661,069 Equity $3,007,154 Other $159,958 Total Compensation $4,828,181
For its 2022 fiscal year, TRANSOCEAN LTD, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Jeremy D. Thigpen CEO Pay $11,766,864 Median Employee Pay $112,484 CEO Pay Ratio 105:1
For its 2020 fiscal year, TRANSOCEAN LTD, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Chadwick C. Deaton Total Cash $471,159
Diane de Saint Victor Total Cash $201,583
Edward R. Muller Total Cash $246,473
Frederico F. Curado Total Cash $246,473
Frederik Mohn Total Cash $236,473
Glyn A. Barker Total Cash $271,473
Samuel J. Merksamer Total Cash $236,473
Tan Ek Kia Total Cash $256,473
Vanessa C. L. Chang Total Cash $236,473
Vincent J. Intrieri Total Cash $246,473

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.