GlobalSantaFe's
Robert E. Rose retires
Posted: 1 April 2004
Robert E. Rose, chairman of the board of directors of GlobalSantaFe
Corporation, is retiring from his role as chairman on March 31,
but will remain as non-executive chairman of the board.
"It has been a privilege leading the company," Rose said.
"As I enter a new phase in my career I am confident that Jon
Marshall, together with the rest of GlobalSantaFe's management and
employees, all share a commitment to excellence and are on track
to deliver superior long-term shareholder value."
Jon Marshall, president and chief executive officer, praised the
contributions Rose has made to the organization and the industry.
"Bob Rose's leadership has been invaluable, not only to GlobalSantaFe,
but also in his commitment to enhance the standards of our industry
during a period of pioneering ultra-deepwater technologies and industry
consolidation."
Rose engineered the merger of Global Marine Inc. and Santa Fe Corporation,
creating the world's premier offshore drilling company. He became
chairman of the board of the combined company upon the closing of
that transaction in November 2001.
Previously, he had served as chairman of the board, president and
chief executive officer of Global Marine Inc. after re-joining the
company in May 1998. Rose initially joined Global Marine in 1963,
served in various positions for more than 13 years, including manager
of Global Marine's first purpose-built drillship, the Glomar II,
and advanced to the position of vice president for Europe, Africa
and the Middle East. He then held executive positions with other
offshore drilling companies and was president, chief executive officer
and director of Diamond Offshore Drilling and its predecessor, Diamond
M Company. He presided over the 1992 consolidation of Diamond M
and ODECO, the initial public offering of Diamond Offshore in 1995,
and the acquisition of Arethusa Offshore in 1996, creating the world's
largest deepwater offshore drilling company.
Rose serves on the Department of Energy's National Petroleum Council,
Spindletop International's Board of Trustees, and the boards of
the American Petroleum Institute, the American Bureau of Shipping,
the Offshore Energy Center, the National Ocean Industries Association,
the International Association of Drilling Contractors, the San Jacinto
chapter of the Boy Scouts of America and Grey Wolf Inc.
A veteran of the United States Air Force, Rose is a pilot and holds
the rank of Colonel in the Commemorative Air Force. He has a master
of business administration degree from Southern Methodist University.
About GlobalSantaFe
GlobalSantaFe is a leading worldwide oil and gas drilling contractor
offering a full range of premium equipment and drilling management
services. The company's diverse and technologically advanced fleet
of 59 offshore rigs includes premium and heavy duty harsh environment
jackups, semisubmersibles, and dynamically positioned ultra-deepwater
drillships. Additionally, the company has three rigs under construction.
The company also has 31 land rigs
and is the world's leading provider of turnkey drilling and drilling
management services.
More information can be found at www.gsfdrill.com.
Posted by Richard Price,
Editor Pipeline Magazine
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