In 2023, Olivier Le Peuch earned $5.23M in total compensation at Schlumberger , including $1.55M salary and $3.50M bonus. Most recently acquired 256,579 shares in Jan 2025. Currently holds stock worth $51.85M. 6+ years at the helm of Schlumberger .
Compensation History
Annual executive compensation data for Olivier Le Peuch, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$5.23M
Salary
$1.55M
Bonus
$3.50M
Other
$174.85K
Salary
$1.55MBoard Justification
The compensation philosophy for the CEO in 2023 was to align with company performance, focusing on achieving quantitative financial objectives and strategic personal objectives. The compensation structure was designed to motivate and incentivize outperformance, maintain stability, and retain top talent through business cycles.
Bonus
$3.50MBoard Justification
The bonus for 2023 was based on achieving quantitative Company financial objectives, such as adjusted EBITDA and free cash flow, as well as strategic personal objectives. The total maximum STI payout for 2023 was 200% of target, and the weighted payout range for each metric as a percentage of target was reflected by the outer bars in the 2023 STI Opportunity Mix chart.
Other Compensation
$174.85KBoard Justification
Other compensation includes unfunded credits to the Restoration Savings Plan ($94,493), employer contributions to the SLB 401(k) Plan ($16,500), financial planning services ($13,800), and housing allowance ($50,052).
Restricted Stock
Board Justification
Olivier Le Peuch did not vest in any stock awards in 2023 because he did not receive any LTI award in 2020.
Performance Metrics
The performance metrics for determining the CEO's compensation in 2023 included adjusted EBITDA, free cash flow, and strategic personal objectives, with a focus on achieving quantitative Company financial and non-financial objectives.
Olivier Le Peuch
CEO of Schlumberger
Education
Master's degree in microelectronics from Bordeaux University of Science
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Energy
Born
January 1, 1964 - 61 years ago
CEO of Schlumberger for
6 years 4 months (Aug 2019 - Present)
Previous Experience
Joined Schlumberger in 1987; held various global management positions
Other Schlumberger CEOs
Holdings
Track Olivier Le Peuch's stock holdings and portfolio value over time.
Total Stock Sold
$659.40K
$659.40K
15,000 SLB shares
What if they kept their stock?
If Olivier Le Peuch didn't sell their stock, today they would have:
Extra SLB15,000 shares worth $571.80K.
This is -13.28% and $87.60K less than what they got when they sold the stock.
Insider Trading
Olivier Le Peuch's recent stock transactions, purchases, and sales filed with the SEC.
256,579 shares
SLB
Jan 17, 2025
Received
55,145 shares
SLB
Mar 1, 2024
Received
387,770 shares
SLB
Jan 19, 2024
Received
38,077 shares
SLB
Mar 4, 2022
Received
865,710 shares
SLB
Jan 21, 2022
Received
$44.80K
SLB at $29.75/share
Apr 6, 2021
Purchase
3,450 shares
SLB
Mar 12, 2021
Received
27,014 shares
SLB
Jan 22, 2021
Received
$448.85K
SLB at $17.95/share
Sep 14, 2020
Purchase
3,158 shares
SLB
Apr 3, 2020
Received
Rivals
Compare Olivier Le Peuch with competitor CEOs and industry peers.
R. Lane Riggs
CEO of Valero Energy
2023 Compensation
Stock
$0.00
Salary
$1.43M
Bonus
$3.35M
Other
$179.80K
Total Holdings
$5.28M
Lawrence V. Bruno
CEO of Core Laboratories
2023 Compensation
Stock
$1.77M
Salary
$886.91K
Bonus
$371.11K
Other
$215.07K
Total Holdings
$7.31M
Jeffrey A. Miller
CEO of Halliburton
2023 Compensation
Stock
$27.46M
Salary
$1.60M
Bonus
$0.00
Other
$659.12K
Total Holdings
$24.88M
Ezra Y. Yacob
CEO of EOG Resources
2023 Compensation
Stock
$0.00
Salary
$1.17M
Bonus
$2.52M
Other
$373.14K
Total Holdings
$22.95M
Clay C. Williams
CEO of NOVA, Inc.
2023 Compensation
Stock
$5.69M
Salary
$990.30K
Bonus
$1.58M
Other
$18.68K
Total Holdings
$22.38M