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Fri Jan 6, 2012, 10:17 AM

Transoceanís CFO steps down

The chief financial officer of offshore drilling contractor Transocean is stepping down from that role effective Monday, the company said Thursday.

Ricardo Rosa will retire from the company April 30. A search firm is helping find his successor.

Gregory Cauthen is returning to the Swiss-based Transocean as interim CFO.

He was a consultant to the company from September 2009-August 2010. Before retiring from Transocean in August 2009, he was the companyís CFO.
http://fuelfix.com/blog/2012/01/05/transoceans-cfo-steps-down/

I keep an eye on Gulf of Mexico oil/BP news around here.
In the past, CFO's have "stepped down" sometimes ahead of lawsuits ( think Enron, etc)

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