Mark Mey - Transocean CFO, Executive Vice President

RIGN Stock  MXN 94.61  0.00  0.00%   

President

Mr. Mark L. Mey is Executive Vice President and Chief Financial Officer of the Company effective May 28 2015. Mr. Mey age 51 most recently served as Executive Vice President and Chief Financial Officer of Atwood Oceanics where he has served in executive management since August 2010. Including his almost five years at Atwood he has over 28 years of experience in the energy and financial services industries in both the United States and South Africa. Prior to Atwood Mr. Mey was Senior Vice President and Chief Financial Officer and Director of Scorpion Offshore Ltd. He also held positions of increasing responsibility with offshore driller Noble Corporation over 12 years including Vice President and Treasurer since 2015.
Age 50
Tenure 9 years
Phone41 41 749 0500
Webhttps://www.deepwater.com
Mey earned an Advanced Diploma in Accounting and a Bachelor of Commerce degree from the University of Port Elizabeth, South Africa. He is a Chartered Accountant and attended the Harvard Business School Advanced Management Program.

Transocean Management Efficiency

Transocean's management efficiency ratios could be used to measure how well Transocean manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 6.66 B in total debt with debt to equity ratio (D/E) of 77.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Transocean has a current ratio of 2.67, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Transocean until it has trouble settling it off, either with new capital or with free cash flow. So, Transocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Transocean sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Transocean to invest in growth at high rates of return. When we think about Transocean's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

PRESIDENT Age

Sreekanth ArimanithayaDXC Technology
N/A
Kevin JonesDXC Technology
N/A
Stephanie BontempsFirst Republic Bank
57
Matthew FarneyGenworth Financial
46
Justin GibsonFirst Republic Bank
N/A
Dale SmithFirst Republic Bank
N/A
Olga TsokovaFirst Republic Bank
50
Arthur WongDXC Technology
N/A
Michael BokanMicron Technology
62
Neil MannaDXC Technology
54
James SmithDXC Technology
N/A
Pierre BrunoDXC Technology
N/A
Michael RofflerFirst Republic Bank
52
Sumit SadanaMicron Technology
54
Kipp BedardMicron Technology
53
Michael HarringtonFirst Republic Bank
N/A
Jason BenderFirst Republic Bank
47
April ArnzenMicron Technology
47
Maruf MajedDXC Technology
N/A
Jeff VerHeulMicron Technology
N/A
Kelly JohnstonFirst Republic Bank
N/A
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. Transocean Ltd. was founded in 1953 and is based in Steinhausen, Switzerland. TRANSOCEAN is traded on Mexico Stock Exchange in Mexico. Transocean (RIGN) is traded on Mexican Exchange in Mexico and employs 5,000 people.

Management Performance

Transocean Leadership Team

Elected by the shareholders, the Transocean's board of directors comprises two types of representatives: Transocean inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Transocean. The board's role is to monitor Transocean's management team and ensure that shareholders' interests are well served. Transocean's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Transocean's outside directors are responsible for providing unbiased perspectives on the board's policies.
Martin McNamara, Independent Director
Frederico Curado, Independent Director
Alison Johnson, Sr Relations
Bill Ambrose, Vice President Major Capital Projects
Merrill Miller, Independent Director
Robert Vayda, VP Treasurer
Vincent Intrieri, Independent Director
John Truschinger, Senior Vice President Support Services, and CIO
Guilherme Coelho, Vice President Strategy and Portfolio Development
Chad Deaton, Independent Director
MarkAnthony Sr, Ex CFO
Howard Davis, Executive Vice President Chief Administrative Officer, CIO
Terry Bonno, Senior Vice President of Marketing
Frederick Mohn, Director
John Stobart, COO, Executive Vice President
Samuel Merksamer, Independent Director
MarkAnthony Mey, CFO, Executive Vice President
Chadwick Deaton, Director
Ek Tan, Independent Director
Stephen Hayes, Senior Vice President of Tax
Larry McMahan, Vice President Operations Assurance
Chee Chang, Independent Director
Alan Quintero, Senior Vice President Americas
Mark Monroe, Vice President Account Management
Jeremy Thigpen, President CEO
David Tonnel, Senior Vice President - Finance, Principal Accounting Officer, Controller
Sanjaya Sood, Senior Vice President Operations East
Edward Muller, Independent Director
Thaddeus Vayda, Investor Relations Contact Officer
Deepak Munganahalli, Senior Vice President Innovation and Transformation
Keelan Adamson, Vice President of Human Resources
Janelle Daniel, Sustainability HR
Roddie Mackenzie, Ex Officer
Vanessa Chang, Director
Mark Mey, CFO, Executive Vice President
Glyn Barker, Director
Brady Long, Senior Vice President General Counsel
Bradley Alexander, Vice President Investor Relations

Transocean Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Transocean a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Transocean is a strong investment it is important to analyze Transocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transocean's future performance. For an informed investment choice regarding Transocean Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Transocean Stock please use our How to Invest in Transocean guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Transocean Stock analysis

When running Transocean's price analysis, check to measure Transocean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transocean is operating at the current time. Most of Transocean's value examination focuses on studying past and present price action to predict the probability of Transocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transocean's price. Additionally, you may evaluate how the addition of Transocean to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Bonds Directory
Find actively traded corporate debentures issued by US companies
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Please note, there is a significant difference between Transocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.