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Fri Jan 6, 2012, 10:17 AM

Transoceanís CFO steps down [View all]

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.

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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