That includes a $ 200,000 salary increase for Transocean President and Chief Executive Officer Steven L. Newman , whose base salary will increase from $ 900,000 to $ 1.1 million , the SEC report said . Transocean acknowledges words were ` ` insensitive '' in light of the two deaths . Executives get pay raises , bonuses , in part for the safety record , the filing says . Cash awards based in part on the safety record . Despite the oil spill , company called 2010 ` ` best year in history ''
Transocean acknowledges words were ` ` insensitive '' in light of the two deaths . Executives get pay raises , bonuses , in part for the safety record , the filing says . Cash awards based in part on the safety record . Despite the oil spill , company called 2010 ` ` best year in history ''