In 2019, Paal Kibsgaard earned $26.02M in total compensation at Schlumberger , including $2.00M salary, $4.92M bonus and $15.93M in stock. Currently holds stock worth $17.84M. Has donated $1.52M in stock to charitable causes. Led Schlumberger as CEO for 8 years.
Compensation History
Annual executive compensation data for Paal Kibsgaard, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$26.02M
Salary
$2.00M
Bonus
$4.92M
Other
$3.17M
Salary
$2.00MBoard Justification
Schlumberger's compensation philosophy aims to align executive pay with company performance, focusing on metrics like ROCE and FCF conversion to drive long-term shareholder value.
Bonus
$4.92MBoard Justification
The bonus for 2019 was based on the achievement of financial and personal performance targets, including adjusted EPS and cash flow generation targets.
Other Compensation
$3.17MBoard Justification
Includes change in pension value and nonqualified deferred compensation earnings.
Restricted Stock
Board Justification
The vested stock includes shares earned from the 2016 ROCE PSUs and 2017 FCF Conversion PSUs, which vested based on performance criteria over a three-year period.
Performance Metrics
Performance metrics for 2019 included adjusted EPS, cash flow generation, and key personal objectives, which were used to determine the annual cash incentive awards.
Paal Kibsgaard
Ex-CEO of Schlumberger
Education
Not specified
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Energy
Born
January 1, 1975 - 50 years ago
CEO of Schlumberger for
8 years 0 months (Aug 2011 - Aug 2019)
Previous Experience
Over 14 years of operational and management responsibility in the Middle East, Europe and the U.S.
Holdings
Track Paal Kibsgaard's stock holdings and portfolio value over time.
Total Stock Sold
$51.31M
$51.31M
558,281 SLB shares
What if they kept their stock?
If Paal Kibsgaard didn't sell their stock, today they would have:
Extra SLB558,281 shares worth $21.28M.
This is -58.52% and $30.03M less than what they got when they sold the stock.
Charitable Transactions
40,000 shares
SLB
Recent Charitable Transactions
40,000 shares
SLB
Dec 31, 2012
Charity
Insider Trading
Paal Kibsgaard's recent stock transactions, purchases, and sales filed with the SEC.
$14.65M
SLB at $101.88/share
Apr 21, 2014
Sale
$19.01M
SLB at $91.05/share
Feb 21, 2014
Sale
50,967 shares
SLB
Jan 16, 2014
Received
Rivals
Compare Paal Kibsgaard 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