Transocean nominates Lucas as new director

Transocean Ltd. has recommended that the company's shareholders approve the election of Steve Lucas as a Class III Director for a three-year term. Lucas is the retired group finance director of National Grid plc and has previously served in a variety of finance roles with the Lattice Group plc, the BG Group plc and Royal Dutch/Shell.

The board is also recommending that the company's shareholders at the 2011 Annual General Meeting approve:
• The re-election of Ian C. Strachan and Martin B. McNamara as Class III Directors for three-year terms.
• The election of Jagjeet S. Bindra as a Class III Director for a three-year term. Bindra is the retired president of Chevron Global Manufacturing and has previously served in a variety of positions at Chevron group.
• The election of Tan Ek Kia as a Class I Director for a one-year term. Tan is the retired vice president, ventures and developments, Asia Pacific and Middle East Region of Shell Chemicals, and has previously served in a variety of positions at Shell group. 

Source:  Transocean Ltd.



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