Transocean Partners’ CEO becomes CFO as well

  • Business & Finance

Transocean Partners LLC, a subsidiary of offshore driller Transocean, has said its Chief Financial Officer Garry Taylor will step down.

In its statement on Tuesday, Transocean Partners said that Taylor would be succeeded by Kathleen S. McAllister.

McAllister is the company’s current President and Chief Executive Officer, and will assume the additional role of Chief Financial Officer effective immediately.

“Garry’s dedication to excellence, industry knowledge and leadership were invaluable to Transocean Partners as we formed the company,” said Kathleen McAllister, Transocean Partners’ President, Chief Executive Officer and Chief Financial Officer. “I would like to extend my sincere thanks to Garry for his service to Transocean Partners and wish him great success going forward at Transocean.”

Transocean Partners is a company formed by Transocean Ltd. to own, operate and acquire modern, technologically advanced offshore drilling rigs. The company owns of 51 percent interests in subsidiary companies that own and operate three ultra-deepwater drilling rigs Development Driller III, Discoverer Clear Leader, and Discoverer Inspiration drilling rigs.

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