Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Lawrence V. Bruno earned $3.24M in total compensation at Core Laboratories, including $886.91K salary, $371.11K bonus and $1.77M in stock. Most recently acquired 3,000 shares in Feb 2020. Currently holds stock worth $5.41M. 5+ years at the helm of Core Laboratories.

Compensation History

Annual executive compensation data for Lawrence V. Bruno, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$3.24M

Salary

$886.91K

Bonus

$371.11K

Other

$215.07K

Salary

$886.91K

Board Justification

The compensation philosophy emphasizes performance-based pay to align executive interests with shareholder value, focusing on metrics like ROIC and total shareholder return.

Bonus

$371.11K

Board Justification

In 2023, the CEO earned a cash incentive bonus based on performance metrics, but the payout was reduced to 35.5% of the earned amount due to broader assessments of the Company’s financial performance.

Other Compensation

$215.07K

Board Justification

Other compensation includes contributions to the 401(k) plan, discretionary contributions to the nonqualified deferred compensation plan, and imputed income for life insurance premiums.

Restricted Stock

$1.77M100.06K RSU

Board Justification

In 2023, the CEO vested in 100,058 shares of performance-based restricted stock, which were earned based on achieving performance targets over the previous three-year period.

Performance Metrics

The performance metrics for 2023 included revenue growth, operating margin, and EPS yield relative to peers.

C

Lawrence V. Bruno

CEO of Core Laboratories

Education

Master of Science degree in Geology from the University of Houston

Sector of Economy

Energy

Born

January 1, 1960 - 65 years ago

CEO of Core Laboratories for

5 years 6 months (May 2020 - Present)

Previous Experience

President and Chief Operating Officer of Core Laboratories Inc., over 35 years in the industry

Holdings

Track Lawrence V. Bruno's stock holdings and portfolio value over time.

Total Stock Sold

$6.89K

CLB

$6.89K

100 CLB shares

What if they kept their stock?

If Lawrence V. Bruno didn't sell their stock, today they would have:
Extra CLB100 shares worth $1.65K.
This is -76.08% and $5.24K less than what they got when they sold the stock.

Insider Trading

Lawrence V. Bruno's recent stock transactions, purchases, and sales filed with the SEC.

CLB

$104.58K

CLB at $34.86/share

Feb 3, 2020

Purchase

CLB

100 shares

CLB

Apr 1, 2019

Received

Rivals

Compare Lawrence V. Bruno with competitor CEOs and industry peers.