Transocean acknowledges words were `` insensitive '' in light of 11 worker deaths . Newman also has a $ 5.4 million long-term compensation package the company awarded him upon his appointment as CEO in March 2010 , according to the SEC filing . Executives get pay raises , bonuses , in part for the safety record , SEC filing says . Cash awards based in part on company safety record . Comment:
Transocean acknowledges words were `` insensitive '' in light of 11 worker deaths . Executives get pay raises , bonuses , in part for the safety record , SEC filing says . Cash awards based in part on company safety record . Comment: