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Monday, August 22, 2011

Transocean Strengthens Management with New Appointments

- Transocean Strengthens Management with New Appointments

Monday, August 22, 2011
Transocean Ltd.

Terry B. Bonno has been promoted to Senior Vice President, Marketing, for Transocean Ltd. She previously served as Vice President, Marketing.

Ms. Bonno has approximately 30 years of industry experience, including 17 years with Global Marine Inc. and Applied Drilling Technology Inc., two subsidiaries of GlobalSantaFe Corporation assumed in a 2007 merger. Her prior service also includes management positions in marketing, accounting and corporate planning functions.

A Certified Public Accountant, Ms. Bonno earned a Bachelor's degree in Business Administration, Accounting, from Stephen F. Austin State University.

In addition, Mark Monroe has been promoted to Vice President, Account Management, for Transocean. Based in Houston, he is responsible for overseeing our relationships with the key U.S. based customers.

Before being named to his new position, Mr. Monroeserved since 2010 as Managing Director, Marketing, responsible for customer relationships with major Customers such as BP, Exxon and Chevron as well as overseeing the development of the company's Customer Focus workshops. He joined a predecessor company Global Marine in 1983 as Manager, London Sales and Contracts and held numerous Marketing positions with Global Marine and GlobalSantaFe. In 2000, he was promoted to Vice President, Sales and Contracts with responsibility for the sales, contracts and marketing of the GlobalSantaFe fleet in North and South America, Southeast Asia and West Africa.

Mr. Monroe serves on the Board of Directors of the Offshore Energy Center, the Advisory Board of Spindletop International and is a member of the IADC (International Association of Drilling Contractors) and SPE (Society of Petroleum Engineers). He earned a Bachelor of Arts, Business Administration, degree from Texas Christian University in Fort Worth in 1976.

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