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SLB Ltd Executive Compensation (FY25)

SLB · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Olivier Le Peuch
Median of the other named officers
$5,198,980
5 officers, excluding the chief executive
Latest say-on-pay support
=
April 8, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (8-K): April 8, 2026
14 filings cited on this page
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344 figures on this page: 336 cited to the filing that reported them, 8 calculated from figures it prints. See the citations

More on SLB Ltd

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Olivier Le Peuch: $17,310,864 → $17,347,291 (0.2% higher)
Say-on-pay support: 94.5% → 95.2% (0.7 points higher)
CEO pay ratio: 185:1 → 123.3:1 (33.4% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is SLB Ltd's chief executive and what were they paid?
Olivier Le Peuch was paid $17,347,291 in total compensation as Chief Executive Officer for fiscal 2025. Le Peuch's total was 0.2% higher than the $17,310,864 reported for fiscal 2024.
What was SLB Ltd's say-on-pay result?
Shareholders supported the say-on-pay proposal with 95.2% of votes cast for or against in favor at the meeting held April 8, 2026 for fiscal 2025.
Which companies are in SLB Ltd's peer group?
Companies named in the disclosed peer group include ABB, Air Products and Chemicals, Anglo American, BAE Systems and Carrier Global, among others. The Core Industry Peer Group names BHP Group, ConocoPhillips, Enbridge, EOG Resources and Halliburton, among others.
What is SLB Ltd's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 123.3:1, against median employee compensation of $140,734.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Olivier Le Peuch
Chief Executive Officer
◇—◇—◇—◇◇
Khaled Al Mogharbel
EVP, Geographies
◇—◇—◇—◇◇
Abdellah Merad
EVP, Core Services and Equipment
◇—◇—◇—◇◇
Stephane Biguet
EVP and Chief Financial Officer
◇—◇—◇—◇◇
Dianne Ralston
Chief Legal Officer and Secretary
◇—◇—◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Olivier Le Peuch
Chief Executive Officer
◇—◇—◇◇◇◇
Stephane Biguet
EVP and Chief Financial Officer
◇—◇—◇◇◇◇
Khaled Al Mogharbel
Executive Vice President, Geographies
◇—◇—◇◇◇◇
Abdellah Merad
Executive Vice President, Core Services and Equipment
◇—◇—◇◇◇◇
Dianne Ralston
Chief Legal Officer and Secretary
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Olivier Le Peuch
Chief Executive Officer
◇—◇—◇◇◇◇
Stephane Biguet
EVP and Chief Financial Officer
◇—◇—◇◇◇◇
Khaled Al Mogharbel
Executive Vice President, Geographies
◇—◇—◇—◇◇
Abdellah Merad
EVP, Core Services and Equipment
◇—◇—◇—◇◇
Dianne Ralston
Chief Legal Officer and Secretary
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Olivier Le Peuch
Chief Executive Officer
◇—◇—◇◇◇◇
Stephane Biguet
EVP and Chief Financial Officer
◇—◇—◇◇◇◇
Abdellah Merad
EVP, Core Services and Equipment
◇—◇—◇◇◇◇
Dianne Ralston
Chief Legal Officer and Secretary
◇—◇—◇◇◇◇
Khaled Al Mogharbel
Advisor to the CEO; former EVP, Geographies
Departed during or after this year
◇—◇—◇◇◇◇
Demosthenis Pafitis
Chief Technology Officer
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Abdellah MeradPSU_TSR◇◇◇—◇—◇
Abdellah MeradRSU◇——◇——◇
Abdellah MeradPSU_FCFM_ROCE◇◇◇—◇—◇
Demosthenis PafitisRSU◇——◇——◇
Demosthenis PafitisPSU_FCFM_ROCE◇◇◇—◇—◇
Demosthenis PafitisPSU_TSR◇◇◇—◇—◇
Dianne RalstonPSU_TSR◇◇◇—◇—◇
Dianne RalstonRSU◇——◇——◇
Dianne RalstonPSU_FCFM_ROCE◇◇◇—◇—◇
Khaled Al MogharbelPSU_TSR◇◇◇—◇—◇
Khaled Al MogharbelRSU◇——◇——◇
Khaled Al MogharbelPSU_FCFM_ROCE◇◇◇—◇—◇
Olivier Le PeuchRSU◇——◇——◇
Olivier Le PeuchPSU_TSR◇◇◇—◇—◇
Olivier Le PeuchPSU_FCFM_ROCE◇◇◇—◇—◇
Stephane BiguetRSU◇——◇——◇
Stephane BiguetPSU_TSR◇◇◇—◇—◇
Stephane BiguetPSU_FCFM_ROCE◇◇◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Olivier Le PeuchPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Khaled Al MogharbelPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Abdellah MeradPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Stephane BiguetPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Dianne RalstonPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Demosthenis PafitisPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Demosthenis Pafitis
Chief Technology Officer · Terms as described in the company’s compensation discussion
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jim Hackett
Board chair
◇◇————◇
Maria Moræus Hanssen
◇◇————◇
Vanitha Narayanan
◇◇————◇
Jeff Sheets
◇◇————◇
Patrick de La Chevardière
◇◇————◇
Samuel Leupold
◇◇————◇
Peter Coleman
◇◇————◇
Miguel Galuccio
◇◇————◇
Tatiana Mitrova
◇—————◇
Ulrich Spiesshofer
◇—————◇
Olivier Le Peuch served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ABB ABB
  • Air Products and Chemicals APD
  • Anglo American symbol not shown
  • BAE Systems BAESY
  • Carrier Global CARR
  • Caterpillar CAT
  • Compagnie de Saint-Gobain symbol not shown
  • Deere DE
  • Dow DOW
  • Eaton ETN
  • Freeport-McMoRan FCX
  • General Dynamics GD
  • Honeywell HON
  • IBM IBM
  • Linde LIN
  • LyondellBasell Industries LYB
  • Oracle ORCL
  • Siemens Energy symbol not shown
  • Trane Technologies TT
Core Industry Peer Group
  • BHP Group BHP
  • ConocoPhillips COP
  • Enbridge ENB
  • EOG Resources EOG
  • Halliburton HAL
  • NOV NOV
  • Suncor Energy SU
  • TechnipFMC FTI

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 8, 2026=◇◇◇
2024April 2, 2025=◇◇◇
2023April 3, 2024=◇◇◇
2022April 5, 2023=◇◇◇
2021April 6, 2022=◇◇◇
2020April 7, 2021=◇◇◇
2019April 1, 2020=◇◇◇
2018April 3, 2019=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Olivier Le Peuch (Chief Executive Officer), FY2025 total compensation $17,347,291 (base salary $1,650,000) [exec_comp, SEC accession 0001308179-26-000024, filed 2026-02-26]

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What this page does not include

Everything above is a fact SLB Ltd disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where SLB Ltd sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
344 figures on this page: 336 cited to the filing that reported them, 8 calculated from figures it prints.
336 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001193125-26-147610
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001308179-26-000024
    2025 Summary Compensation Table · CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards in 2025 · and 1 more section
  4. 0001193125-25-071311
  5. 0001308179-25-000029
    2024 Summary Compensation Table
  6. 0001193125-24-086101
  7. 0001308179-24-000033
    Summary Compensation Table
  8. 0001193125-23-092724
  9. 0001308179-23-000057
    Summary Compensation Table
  10. 0001193125-22-097262
  11. 0001193125-21-109039
  12. 0001193125-20-094782
  13. 0001193125-19-096693
  14. 0001308179-25-000591
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “SLB Ltd executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SLB (accessed 2026).
Short form: data: Velarion

The paid brief for SLB Ltd

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers SLB Ltd discloses

The companies named in SLB's own disclosed peer group.

Air Products and ChemicalsCarrier GlobalCaterpillarDeereDowEatonFreeport-McMoRanGeneral DynamicsHoneywellIBMLindeLyondellBasell IndustriesOracleTrane TechnologiesConocoPhillipsEnbridgeEOG ResourcesHalliburtonNOVTechnipFMC

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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