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Andrew F. Gould served as the CEO of Schlumberger, one of the world's largest oilfield services companies, for eight years from 2003 to 2011. He had been with the company for 36 years, highlighting his long commitment and deep expertise...

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Andrew F. Gould

Ex-CEO of Schlumberger

Education

Not specified

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Energy

Born

September 2, 1949 - 75 years ago

CEO of Schlumberger for

8 years 0 months (Aug 2003 - Aug 2011)

Previous Experience

36 years of service at Schlumberger

Holdings

See how much did Andrew F. Gould make over time.

During his time at Schlumberger, Andrew Gould built significant holdings in the company, mainly through stock options. In 2009, he exercised options worth around $45 million, showing a high point in his wealth tied to his executive role. By 2011,...

Total Stock Sold

$62.32M

SLB

$62.32M

800,000 SLB shares

What if they kept their stock?

If Andrew F. Gould didn't sell their stock, today they would have:
Extra SLB800,000 shares worth $13.18M.
This is -78.86% and $49.14M less than what they got when they sold the stock.

Charitable Transactions

SLB

111,474 shares

SLB

Recent Charitable Transactions

SLB

111,474 shares

SLB

Jun 20, 2011

Charity

Insider Trading

See recent insider trades of Andrew F. Gould.

OXY

3,883 shares

OXY

May 3, 2024

Received

OXY

3,817 shares

OXY

May 8, 2023

Received

OXY

3,891 shares

OXY

May 9, 2022

Received

OXY

8,450 shares

OXY

May 10, 2021

Received

OXY

12,672 shares

OXY

Jun 1, 2020

Received

OXY

1,139 shares

OXY

Mar 2, 2020

Received

SLB

$62.53M

SLB at $78.16/share

Feb 15, 2012

Sale

SLB

111,474 shares

SLB

Jun 20, 2011

Charity

Compensation History

See how much did Andrew F. Gould make over time.

In terms of compensation, Andrew Gould had a fluctuating pay structure that reflected the company's performance ties. In 2011, Gould earned a total of $3,921,900, which included a base salary of $2.5 million but no cash bonuses that year. His compensation model was designed to align with long-term shareholder value, as shown by the stock options he received, totaling $12.3 million. The years leading up to his retirement were marked by growing compensation, though 2010 saw him earn over $15 million. This model emphasized performance, freezing portions of his pay based on the economic environment, notably in 2008 when bonuses were not issued due to unmet EPS goals, showcasing the direct connection between his earnings and the company's fiscal health.

Year

2011

Total Compensation

$3.61M

Salary

$2.50M

Board Justification

The compensation philosophy for Schlumberger's CEO in 2011 was to align compensation with company performance, ensure competitiveness with peer groups, and retain top executive talent.

Bonus

$0.00

Board Justification

No bonus was paid out to Andrew F. Gould in 2011.

Other

$1.11M

Board Justification

Includes pension value changes and other compensations such as contributions to benefit plans and perquisites.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock vested for Andrew F. Gould in 2011.

Performance Metrics

Performance metrics for determining CEO compensation included company financial performance, individual performance, and alignment with shareholder interests.

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