Schlumberger Management

Management criteria checks 3/4

Schlumberger's CEO is Olivier Le Peuch, appointed in Aug 2019, has a tenure of 4.75 years. total yearly compensation is $18.25M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.078% of the company’s shares, worth $52.88M. The average tenure of the management team and the board of directors is 4.3 years and 3.6 years respectively.

Key information

Olivier Le Peuch

Chief executive officer

US$18.2m

Total compensation

CEO salary percentage	8.5%
CEO tenure	4.8yrs
CEO ownership	0.08%
Management average tenure	4.3yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Olivier Le Peuch's remuneration changed compared to Schlumberger's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$4b
Dec 31 2023	US$18m	US$2m	US$4b
Sep 30 2023	n/a	n/a	US$4b
Jun 30 2023	n/a	n/a	US$4b
Mar 31 2023	n/a	n/a	US$4b
Dec 31 2022	US$16m	US$2m	US$3b
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$3b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$17m	US$1m	US$2b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	-US$3b
Dec 31 2020	US$6m	US$1m	-US$11b
Sep 30 2020	n/a	n/a	-US$11b
Jun 30 2020	n/a	n/a	-US$22b
Mar 31 2020	n/a	n/a	-US$18b
Dec 31 2019	US$19m	US$1m	-US$10b
Sep 30 2019	n/a	n/a	-US$10b
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$5m	US$764k	US$2b
Sep 30 2018	n/a	n/a	-US$655m
Jun 30 2018	n/a	n/a	-US$755m
Mar 31 2018	n/a	n/a	-US$1b
Dec 31 2017	US$7m	US$683k	-US$2b

Compensation vs Market: Olivier's total compensation ($USD18.25M) is above average for companies of similar size in the UK market ($USD5.60M).

Compensation vs Earnings: Olivier's compensation has been consistent with company performance over the past year.

CEO

Olivier Le Peuch (59 yo)

4.8yrs

Tenure

US$18,249,585

Compensation

Mr. Olivier Le Peuch has been Chief Executive Officer and Director of Schlumberger Limited since August 1, 2019. Mr. Le Peuch served as Chief Operating Officer at Schlumberger Limited since February 8, 201...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Olivier Le Peuch	CEO & Director	4.8yrs	US$18.25m	0.078% $ 52.9m
Stephane Biguet	Executive VP & CFO	10.5yrs	US$6.37m	0.018% $ 12.1m
Dianne Ralston	Chief Legal Officer & Secretary	3.4yrs	US$5.44m	0.015% $ 10.5m
Khaled Al Mogharbel	Executive Vice President of Geographies	3.8yrs	US$5.99m	0.026% $ 17.5m
Abdellah Merad	Executive Vice President of Core Services & Equipment	2.1yrs	US$5.83m	0.019% $ 12.9m
Howard Guild	Chief Accounting Officer	18.8yrs	no data	0.0017% $ 1.2m
Demosthenis Pafitis	Chief Technology Officer	4.3yrs	no data	no data
Sebastien Lehnherr	Chief Information Officer	no data	no data	no data
James McDonald	Senior Vice President of Investor Relations and Industry Affairs	no data	no data	no data
Giles Powell	Director of Corporate Communication	no data	no data	no data
Bejar Rando	Chief People Officer	2.1yrs	no data	0.0019% $ 1.3m
Rakesh Jaggi	President of Digital & Integration	8.1yrs	no data	0.0045% $ 3.1m

4.3yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 0SCL's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Olivier Le Peuch	CEO & Director	4.8yrs	US$18.25m	0.078% $ 52.9m
James Hackett	Independent Chair	1.1yrs	US$466.17k	0.00043% $ 292.4k
Ulrich Spiesshofer	Independent Director	2.6yrs	US$324.23k	0.00087% $ 591.7k
Miguel Galuccio	Non-Executive Director	7.1yrs	US$325.51k	0.0027% $ 1.8m
Samuel Leupold	Independent Director	3.1yrs	US$334.23k	0.0011% $ 741.3k
Patrick de La Chevardière	Independent Director	4.6yrs	US$334.23k	0.0020% $ 1.4m
Jeffrey Sheets	Independent Director	4.6yrs	US$334.23k	0.0021% $ 1.4m
Maria Hanssen	Independent Director	3.6yrs	US$344.23k	0.0015% $ 1.0m
Peter Coleman	Independent Director	2.8yrs	US$324.23k	0.0010% $ 686.9k
Vanitha Narayanan	Director	2.6yrs	US$325.51k	0.00053% $ 360.4k
Tatiana Mitrova	Independent Director	5.6yrs	US$334.23k	0.0023% $ 1.6m

3.6yrs

Average Tenure

59yo

Average Age

Experienced Board: 0SCL's board of directors are considered experienced (3.6 years average tenure).

Schlumberger Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold US$2.4m worth of stock

Schlumberger Limited, Annual General Meeting, Apr 03, 2024

Executive Vice President of Geographies recently sold US$1.5m worth of stock

Insider recently sold US$3.5m worth of stock

Chief Accounting Officer recently sold US$1.0m worth of stock

Mark Papa Notifies the Board of Directors of Schlumberger Limited of His Retirement from the Board

Recent updates

First quarter dividend of US$0.28 announced

Schlumberger Limited Approves Quarterly Cash Dividend, Payable on July 11, 2024

First quarter 2024 earnings released: EPS: US$0.75 (vs US$0.66 in 1Q 2023)

Schlumberger Limited (NYSE:SLB) entered into a definitive agreement to acquire ChampionX Corporation (NasdaqGS:CHX) for $7.9 billion.

Schlumberger Limited to Report Q1, 2024 Results on Apr 19, 2024

Savanna Energy Services Australia Pty Ltd. agreed to acquire Saxon Energy Services Australia Pty Ltd from Schlumberger Limited (NYSE:SLB).

Insider recently sold US$2.4m worth of stock

Schlumberger Limited, Annual General Meeting, Apr 03, 2024

Upcoming dividend of US$0.28 per share at 2.1% yield

Executive Vice President of Geographies recently sold US$1.5m worth of stock

New minor risk - Insider selling

Schlumberger Limited Provides Earnings Guidance for the First Quarter of 2024

Full year 2023 earnings released: EPS: US$2.95 (vs US$2.43 in FY 2022)

Schlumberger Limited Approves Quarterly Cash Dividend, Payable on April 4, 2024

Now 22% undervalued after recent price drop

Schlumberger Limited to Report Q4, 2023 Results on Jan 19, 2024

Upcoming dividend of US$0.25 per share at 1.9% yield

Now 21% undervalued after recent price drop

Schlumberger Limited Approves Quarterly Cash Dividend, Payable on January 11, 2024

Third quarter 2023 earnings released: EPS: US$0.79 (vs US$0.64 in 3Q 2022)

Schlumberger Limited Launches First-of-Its-Kind, Easy-To- Install Methane Measurement Instrument

Schlumberger Limited to Report Q3, 2023 Results on Oct 20, 2023

Insider recently sold US$3.5m worth of stock

Upcoming dividend of US$0.25 per share at 1.7% yield

Chief Accounting Officer recently sold US$1.0m worth of stock

Mark Papa Notifies the Board of Directors of Schlumberger Limited of His Retirement from the Board

Schlumberger Limited Approves Quarterly Cash Dividend, Payable on October 12, 2023

Second quarter 2023 earnings released: EPS: US$0.73 (vs US$0.68 in 2Q 2022)

Investor sentiment improves as stock rises 15%

Schlumberger Limited to Report Q2, 2023 Results on Jul 21, 2023

Now 21% undervalued after recent price drop

Upcoming dividend of US$0.25 per share at 2.2% yield

Now 20% undervalued after recent price drop

First quarter 2023 earnings released: EPS: US$0.66 (vs US$0.36 in 1Q 2022)

Insider recently sold US$896k worth of stock

Schlumberger Limited (NYSE:SLB) acquired Gyrodata Incorporated.

Upcoming dividend of US$0.25 per share at 1.8% yield

Insider recently sold US$4.0m worth of stock

Full year 2022 earnings released: EPS: US$2.43 (vs US$1.34 in FY 2021)

Schlumberger Limited Approves Quarterly Cash Dividend, Payable on April 6, 2023

Chief Legal Officer & Secretary recently sold US$551k worth of stock

Schlumberger Limited to Report Q4, 2022 Results on Jan 20, 2023

Upcoming dividend of US$0.17 per share

High number of new directors

Chief Accounting Officer recently sold US$1.1m worth of stock

Schlumberger Limited (NYSE:SLB) entered into a definitive agreement to acquire Gyrodata Incorporated.

Schlumberger Limited Approves Quarterly Cash Dividend, Payable on January 12, 2023

Third quarter 2022 earnings released: EPS: US$0.64 (vs US$0.39 in 3Q 2021)

Schlumberger Reportedly Exploring Sale of Part of its US Valves Business

Investor sentiment improved over the past week

Schlumberger Receives Energy Data Project from Wintershall Dea

Schlumberger Launches Digital Platform Partner Program

Schlumberger Limited to Report Q3, 2022 Results on Oct 21, 2022

Upcoming dividend of US$0.17 per share

Schlumberger Limited Provides Earnings Revenue Guidance for the Full Year 2022

Second quarter 2022 earnings released: EPS: US$0.68 (vs US$0.31 in 2Q 2021)

Schlumberger Limited to Report Q2, 2022 Results on Jul 22, 2022

Investor sentiment deteriorated over the past week

Insider recently sold US$502k worth of stock

Investor sentiment improved over the past week

Upcoming dividend of US$0.17 per share

Insider recently sold US$866k worth of stock

Now 23% undervalued

First quarter 2022 earnings released: EPS: US$0.36 (vs US$0.21 in 1Q 2021)

High number of new directors

Schlumberger Limited Announces Quarterly Cash Dividend, Payable on July 14, 2022

First quarter 2022 earnings released: EPS: US$0.36 (vs US$0.21 in 1Q 2021)

Now 21% undervalued

Insider recently sold US$500k worth of stock