New Board member at Bumi ArmadaCompany News // June 9, 2015
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad, has appointed Steven Leon Newman as a director of the company, in an independent and non-executive capacity. His appointment will take effect from 1 July 2015.
Mr Newman was with Transocean Ltd between 1994 to 2015 in various capacities, and in various jurisdictions around the globe, including Switzerland, the US, Europe, Indonesia and Brazil. He was the President and Chief Executive Officer of Transocean from 2010, until his resignation in February 2015.
Mr Newman brings with him more than 20 years of corporate experience in strategy development, crisis management, organisational turn-around, leadership team formation, mergers and acquisitions, capital markets transactions and board renewal and development.
Prior to joining Transocean, between 1992 and 1994, Mr Newman was a Financial Analyst with Chevron, based in California. He also served with Mobil E&P, US, based in Colorado, as a Reservoir Engineer. He holds a Bachelor of Science, Magna Cum Laude, Petroleum Engineering from the Colorado School of Mines, and a Master’s degree in Business Administration from Harvard University, Graduate School of Business Administration.