Paal Kibsgaard | |
---|---|
Born | April 1967 (age 57)
Ålesund, Norway |
Education | Norwegian Institute of Technology |
Occupation | Businessman |
Known for | former Chairman and CEO, Schlumberger |
Title | CEO, Katerra |
Predecessor | Andrew Gould |
Successor | Olivier Le Peuch |
Spouse | Married |
Children | Yes |
Paal Kibsgaard (born April 1967) is a Norwegian petroleum engineer and businessman; the former chairman and CEO of Schlumberger, the world's largest oilfield services company.
He was born in Ålesund, Norway in April 1967. [1]
He qualified as a petroleum engineer with a master's degree from the Norwegian Institute of Technology in 1991. [2] [3]
Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. [2] He became its CEO in August 2011, [4] succeeding Andrew Gould, who retired as chairman and CEO. [5] He was replaced by Olivier Le Peuch in August 2019. [6] Under his leadership, the company laid off approximately 70,000 employees in less than three years. [7] He continued to receive $2 million annual salary from the company for unspecified services and for agreeing not to work for a rival company. [8]
In 2017, Kibsgaard received $20.8 million in reported pay, which was a 12 percent increase from the previous year. [9]
Kibsgaard retired from Schlumberger in August 2019, and was succeeded as CEO by Olivier Le Peuch, and as chairman by Mark G. Papa. [10]
In 2019, Kibsgaard was hired by Katerra as its COO. [11] He had been serving the company as a board of director since 2016. [12] In June 2020, He became the CEO, succeeding Michael Marks. [13] It was reported that his appointment came with several hundred million in new financing, which Katerra secured from SoftBank Vision Fund. [12]
He is married, with children. [3]
Paal Kibsgaard | |
---|---|
Born | April 1967 (age 57)
Ålesund, Norway |
Education | Norwegian Institute of Technology |
Occupation | Businessman |
Known for | former Chairman and CEO, Schlumberger |
Title | CEO, Katerra |
Predecessor | Andrew Gould |
Successor | Olivier Le Peuch |
Spouse | Married |
Children | Yes |
Paal Kibsgaard (born April 1967) is a Norwegian petroleum engineer and businessman; the former chairman and CEO of Schlumberger, the world's largest oilfield services company.
He was born in Ålesund, Norway in April 1967. [1]
He qualified as a petroleum engineer with a master's degree from the Norwegian Institute of Technology in 1991. [2] [3]
Kibsgaard started his career with ExxonMobil in 1992, and joined Schlumberger in 1997. [2] He became its CEO in August 2011, [4] succeeding Andrew Gould, who retired as chairman and CEO. [5] He was replaced by Olivier Le Peuch in August 2019. [6] Under his leadership, the company laid off approximately 70,000 employees in less than three years. [7] He continued to receive $2 million annual salary from the company for unspecified services and for agreeing not to work for a rival company. [8]
In 2017, Kibsgaard received $20.8 million in reported pay, which was a 12 percent increase from the previous year. [9]
Kibsgaard retired from Schlumberger in August 2019, and was succeeded as CEO by Olivier Le Peuch, and as chairman by Mark G. Papa. [10]
In 2019, Kibsgaard was hired by Katerra as its COO. [11] He had been serving the company as a board of director since 2016. [12] In June 2020, He became the CEO, succeeding Michael Marks. [13] It was reported that his appointment came with several hundred million in new financing, which Katerra secured from SoftBank Vision Fund. [12]
He is married, with children. [3]