Schlumberger Management

Management criteria checks 3/4

Schlumberger's CEO is Olivier Le Peuch, appointed in Aug 2019, has a tenure of 5.25 years. total yearly compensation is $18.25M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.079% of the company’s shares, worth MX$998.48M. The average tenure of the management team and the board of directors is 4.8 years and 4.1 years respectively.

Key information

Olivier Le Peuch

Chief executive officer

US$18.2m

Total compensation

CEO salary percentage	8.5%
CEO tenure	5.3yrs
CEO ownership	0.08%
Management average tenure	4.8yrs
Board average tenure	4.1yrs

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
Sep 30 2024	n/a	n/a	US$4b
Jun 30 2024	n/a	n/a	US$4b
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 ($USD18.25M) is above average for companies of similar size in the MX market ($USD5.75M).

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

CEO

Olivier Le Peuch (60 yo)

5.3yrs

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	5.3yrs	US$18.25m	0.079% MX$ 998.5m
Stephane Biguet	Executive VP & CFO	11yrs	US$6.37m	0.014% MX$ 173.7m
Dianne Ralston	Chief Legal Officer & Secretary	3.9yrs	US$5.44m	0.016% MX$ 197.5m
Khaled Al Mogharbel	Executive Vice President of Geographies	4.3yrs	US$5.99m	0.018% MX$ 222.5m
Abdellah Merad	Executive Vice President of Core Services & Equipment	2.6yrs	US$5.83m	0.015% MX$ 190.4m
Howard Guild	Chief Accounting Officer	19.3yrs	no data	0.0018% MX$ 22.2m
Demosthenis Pafitis	Chief Technology Officer	4.8yrs	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
Carmen Bejar	Chief People Officer	2.6yrs	no data	0.0016% MX$ 20.4m
Rakesh Jaggi	President of Digital & Integration	8.6yrs	no data	0.0048% MX$ 60.8m

4.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: SLB N's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Olivier Le Peuch	CEO & Director	5.3yrs	US$18.25m	0.079% MX$ 998.5m
James Hackett	Independent Chair	1.6yrs	US$466.17k	0.00087% MX$ 11.0m
Ulrich Spiesshofer	Independent Director	3.1yrs	US$324.23k	0.0012% MX$ 14.7m
Miguel Galuccio	Non-Executive Director	7.6yrs	US$324.23k	0.0030% MX$ 38.2m
Samuel Leupold	Independent Director	3.6yrs	US$334.23k	0.0014% MX$ 18.0m
Patrick de La Chevardière	Independent Director	5.1yrs	US$334.23k	0.0023% MX$ 29.4m
Jeffrey Sheets	Independent Director	5.1yrs	US$334.23k	0.0024% MX$ 29.9m
Maria Hanssen	Independent Director	4.1yrs	US$344.23k	0.0018% MX$ 23.2m
Peter Coleman	Independent Director	3.3yrs	US$324.23k	0.0013% MX$ 16.6m
Vanitha Narayanan	Director	3.1yrs	US$326.73k	0.00082% MX$ 10.4m
Tatiana Mitrova	Independent Director	6.1yrs	US$334.23k	0.0026% MX$ 33.2m

4.1yrs

Average Tenure

60yo

Average Age

Experienced Board: SLB N's board of directors are considered experienced (4.1 years average tenure).

Schlumberger Management

Management criteria checks 3/4

Key information

Recent management updates

Executive Vice President of Geographies recently sold Mex$109m worth of stock

Chief People Officer recently sold Mex$4.0m worth of stock

Insider recently sold Mex$51m worth of stock

Insider recently sold Mex$42m worth of stock

Schlumberger Limited, Annual General Meeting, Apr 03, 2024

Executive Vice President of Geographies recently sold Mex$14m worth of stock

Recent updates

Schlumberger Limited Provides Revenue Guidance for the Fourth Quarter of 2024

Schlumberger Limited Approves Quarterly Cash Dividend, Payable on January 9, 2025

Schlumberger Limited to Report Q3, 2024 Results on Oct 18, 2024

Schlumberger Announces to Proceed with a Voluntary Delisting of its Shares from Euronext Paris

Executive Vice President of Geographies recently sold Mex$109m worth of stock

Second quarter 2024 earnings released: EPS: US$0.78 (vs US$0.73 in 2Q 2023)

Schlumberger Limited to Report Q2, 2024 Results on Jul 19, 2024

Chief People Officer recently sold Mex$4.0m worth of stock

Upcoming dividend of US$0.28 per share

Now 22% undervalued after recent price drop

Insider recently sold Mex$51m worth of stock

Now 20% undervalued after recent price drop

New minor risk - Financial position

First quarter dividend of US$0.28 announced

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

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

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 Mex$42m worth of stock

Schlumberger Limited, Annual General Meeting, Apr 03, 2024

Now 20% undervalued after recent price drop

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

Executive Vice President of Geographies recently sold Mex$14m worth of stock

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

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

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

Insider recently sold Mex$6.0m worth of stock

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 Mex$59m worth of stock

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

Insider recently sold Mex$17m 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)

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

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

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

Insider recently sold Mex$16m 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 Mex$75m 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 Mex$11m 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 Mex$21m 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

Now 23% undervalued after recent price drop

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)

Now 22% undervalued after recent price drop

Investor sentiment deteriorated over the past week

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