Core Laboratories Management
Management criteria checks 2/4
Core Laboratories' CEO is Larry Bruno, appointed in Feb 2018, has a tenure of 6.17 years. total yearly compensation is $7.99M, comprised of 11.1% salary and 88.9% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth $2.76M. The average tenure of the management team and the board of directors is 5.1 years and 3.9 years respectively.
Key information
Larry Bruno
Chief executive officer
US$8.0m
Total compensation
| CEO salary percentage | 11.1% |
| CEO tenure | 6.2yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.1yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Is Core Laboratories Inc. (NYSE:CLB) Trading At A 25% Discount?
Mar 26
Why We're Not Concerned About Core Laboratories Inc.'s (NYSE:CLB) Share Price
Mar 02Core Laboratories: EPS Miss, But Beneficial Outlook About Exploration Efforts
Nov 09Returns On Capital At Core Laboratories (NYSE:CLB) Paint A Concerning Picture
Sep 08Core Laboratories: 'Spooked The Herd' In June, Things Might Be Looking Up
Aug 16Core Laboratories Inc.'s (NYSE:CLB) Earnings Haven't Escaped The Attention Of Investors
Jul 05The Returns On Capital At Core Laboratories (NYSE:CLB) Don't Inspire Confidence
May 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$38m |
| Dec 31 2023 | US$8m | US$887k | US$37m |
| Sep 30 2023 | n/a | n/a | US$41m |
| Jun 30 2023 | n/a | n/a | US$39m |
| 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$80m |
Compensation vs Market: Larry's total compensation ($USD7.99M) is above average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Larry's compensation has increased by more than 20% in the past year.
CEO
Larry Bruno (62 yo)
6.2yrs
Tenure
US$7,988,083
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 | 6.2yrs | US$7.99m | 0.35% $ 2.8m | |
| Senior VP & CFO | 5.9yrs | US$2.88m | 0.15% $ 1.2m | |
| Senior Vice President of Corporate Development & Investor Relations | 7.7yrs | US$1.47m | 0.051% $ 405.9k | |
| Senior VP | 2.8yrs | US$1.46m | 0.022% $ 175.8k | |
| VP, Treasurer & Chief Accounting Officer | less than a year | no data | 0.014% $ 110.4k | |
| Managing Director | no data | US$174.34k | no data | |
| Senior VP of Production Enhancement & Business Development | 4.3yrs | no data | no data |
5.1yrs
Average Tenure
54yo
Average Age
Experienced Management: CLB's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 5.9yrs | US$7.99m | 0.35% $ 2.8m | |
| Independent Director | less than a year | US$190.79k | 0.014% $ 108.8k | |
| Independent Director | 1.9yrs | US$218.79k | 0.025% $ 201.6k | |
| Independent Director | 3.9yrs | US$221.29k | 0.070% $ 553.0k | |
| Independent Director | 8.3yrs | US$243.79k | 0.049% $ 387.7k | |
| Lead Independent Director | 8.3yrs | US$268.79k | 0.079% $ 626.9k | |
| Independent Director | 2.9yrs | US$227.54k | 0.035% $ 274.7k |
3.9yrs
Average Tenure
66yo
Average Age
Experienced Board: CLB's board of directors are considered experienced (3.9 years average tenure).