Offshore oil drilling contractor Transocean Ltd. said Wednesday that W. Richard Anderson has resigned from its board.
The departure was effective immediately and due to the demands of his duties as chief financial officer for Eurasia Drilling Company Ltd., Transocean said.
Transocean, based in Zug, Switzerland, has a fleet of 138 mobile offshore drilling units and other equipment.
Shares rose $2.26, or 3.7 percent, to close at $63.99.