Core Laboratories Management
Management criteria checks 3/4
Core Laboratories' CEO is Larry Bruno, appointed in Feb 2018, has a tenure of 5.25 years. total yearly compensation is $6.41M, comprised of 12.8% salary and 87.2% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth MX$39.40M. The average tenure of the management team and the board of directors is 5 years and 3 years respectively.
Key information
Larry Bruno
Chief executive officer
US$6.4m
Total compensation
| CEO salary percentage | 12.8% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5yrs |
| Board average tenure | 3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2023 | n/a | n/a | US$24m |
| Dec 31 2022 | US$6m | US$820k | US$19m |
| Sep 30 2022 | n/a | n/a | US$15m |
| Jun 30 2022 | n/a | n/a | US$9m |
| Mar 31 2022 | n/a | n/a | US$10m |
| Dec 31 2021 | US$7m | US$820k | US$20m |
| Sep 30 2021 | n/a | n/a | US$31m |
| Jun 30 2021 | n/a | n/a | US$33m |
| Mar 31 2021 | n/a | n/a | US$19m |
| Dec 31 2020 | US$5m | US$820k | -US$97m |
| Sep 30 2020 | n/a | n/a | -US$101m |
| Jun 30 2020 | n/a | n/a | -US$80m |
| Mar 31 2020 | n/a | n/a | -US$55m |
| Dec 31 2019 | US$3m | US$531k | US$94m |
| Sep 30 2019 | n/a | n/a | US$92m |
| Jun 30 2019 | n/a | n/a | US$90m |
| Mar 31 2019 | n/a | n/a | US$96m |
| Dec 31 2018 | US$3m | US$425k | US$80m |
Compensation vs Market: Larry's total compensation ($USD6.41M) is above average for companies of similar size in the MX market ($USD622.63K).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
CEO
Larry Bruno (62 yo)
5.3yrs
Tenure
US$6,406,396
Compensation
Mr. Lawrence V. Bruno, also known as Larry, serves as Chairman of Supervisory Board and Chief Exertive Officer at Core Laboratories N.V. since May 20, 2020. He has been Supervisory Director of Core Laborat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 5.3yrs | US$6.41m | 0.22% $ 39.4m | |
| Senior VP & CFO | 5yrs | US$2.34m | 0.11% $ 19.3m | |
| Senior Vice President of Corporate Development & Investor Relations | 6.8yrs | US$1.24m | 0.032% $ 5.8m | |
| Senior VP | 1.8yrs | US$1.24m | 0.080% $ 14.4m | |
| Chief Accounting Officer | 4.9yrs | no data | 0.019% $ 3.3m | |
| Managing Director | no data | US$174.34k | no data | |
| Senior VP of Production Enhancement & Business Development | 3.3yrs | no data | no data |
5.0yrs
Average Tenure
56yo
Average Age
Experienced Management: CLB *'s management team is considered experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 5yrs | US$6.41m | 0.22% $ 39.4m | |
| Independent Supervisory Director | less than a year | US$174.07k | 0.012% $ 2.1m | |
| Independent Supervisory Director | 3yrs | US$258.91k | 0.056% $ 10.1m | |
| Independent Supervisory Director | 7.3yrs | US$280.16k | 0.035% $ 6.3m | |
| Lead Independent Director | 7.3yrs | US$305.16k | 0.066% $ 11.8m | |
| Independent Supervisory Director | 3yrs | US$265.16k | 0.037% $ 6.6m | |
| Independent Director | 2yrs | US$257.66k | 0.021% $ 3.8m |
3.0yrs
Average Tenure
62yo
Average Age
Experienced Board: CLB *'s board of directors are considered experienced (3 years average tenure).