Transocean Proxy Statement and 2010 Annual Report

and Pacific Unit (May 2005 to December 2007), Regional Manager for the Asia Region (June 2003 to April 2005)
and Vice President and Controller (December 1999 to May 2003). Beginning in September 1995, Mr. Rosa was
Controller of Sedco Forex Holdings Limited, one of our predecessor companies. Mr. Rosa received his Master of
Arts degree in 1977 from Oxford University and subsequently qualified as a Chartered Accountant with the Institute
of Chartered Accountants in England and Wales in 1981.
IHAB TOMA, aged 48, Egyptian citizen, is Executive Vice President, Global Business of the Company. Before
being named to his current position in August 2010, Mr. Toma served as Senior Vice President, Marketing and
Planning of the Company from August 2009 to August 2010. Before joining the Company, Mr. Toma served as
Vice President, Sales and Marketing for Europe, Africa and Caspian for Schlumberger Oilfield Services from April
2006 to August 2009. Mr. Toma led Schlumberger’s information solutions business in various capacities, including
Vice President, Sales and Marketing, from 2004 to April 2006, prior to which he served in a variety of positions
with Schlumberger Ltd., including President of Information Solutions, Vice President of Information Management
and Vice President of Europe, Africa and CIS Operations. He started his career with Schlumberger in 1986. Mr.
Toma received his Bachelor’s degree in Electrical Engineering in 1985 from Cairo University.
ERIC B. BROWN, aged 59, U.S. citizen, is Senior Vice President and General Counsel of Transocean Ltd. Mr.
Brown served as Vice President and General Counsel since February 1995 and Corporate Secretary since September
1995. He was named a Senior Vice President in February 2001. Prior to assuming his duties with the company, Mr.
Brown worked at Coastal Gas Marketing Company and served as its General Counsel. He earned a Bachelor of Arts
degree from Hope College in Michigan (1973) and a J.D. degree from Indiana University law school (1976).
4.3 Management Contracts
Transocean has not entered into any contractual relationships with third parties regarding the management
of the Company or its subsidiaries.
5. Compensation, Shareholdings and Loans
Please refer to Transocean's compensation discussion and analysis on page P-34 et seq. of this Annual Report
under the caption “Compensation Discussion and Analysis” for information on Transocean’s compensation of its
directors and executive officers, and regarding how and why we make compensation decisions.
Please note that the specific compensation elements of Mr. John H. Briscoe, Vice President & Controller, are
not incorporated into the “Compensation Discussion and Analysis” based on the criteria for Named Executive
Officers as established by The United States Securities & Exchange Commission’s Regulation S-K but described
below. Mr. Briscoe’s compensation elements are largely the same and calculated similarly as those of all other
Named Executive Officers, with the exception of the data used to determine the competitive market compensation
for his role. Because Mr. Briscoe is not among the top five highest paid executives, compensation data for a
comparably ranked executive is not available from the peer group; therefore, we rely solely on published
compensation survey data to determine the competitive market compensation for his position.
Executive Compensation Program – Direct Compensation Elements
Base Salary
Effective February 16, 2010 for Mr. Briscoe’s base salary was USD 270,000.
Performance-Based Incentive Compensation
Mr. Briscoe’s performance-based incentive compensation is delivered through our Performance Award and
Cash Bonus Plan and our Long-Term Incentive Plan.
Performance Award and Cash Bonus Plan
2010 Cash Bonus Plan
salary.
In February 2010, a target bonus opportunity for 2010 for Mr. Briscoe was established at 40% of base
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