Lawrence V. Bruno has been leading Core Laboratories Inc. as CEO since May 2020. He holds a Master of Science degree in Geology from the University of Houston, making him well-suited for the oilfield services sector where he has over...

Lawrence V. Bruno has been leading Core Laboratories Inc. as CEO since May 2020. He holds a Master of Science degree in Geology from the University of Houston, making him well-suited for the oilfield services sector where he has over 35 years of experience. He previously served as President and Chief Operating Officer of the company before taking the top role. Bruno has been with Core Laboratories for more than two decades, contributing to both Reservoir Description and Production Enhancement business segments. Under his leadership, the company has focused on technology innovation, which he sees as crucial for its future success. For 2023, Lawrence's total compensation is about $1.2 million, reflecting a mix of salary, performance-based bonuses, and vested stock. His approach to executive compensation emphasizes aligning pay with performance metrics, like revenue growth and operating margins, ensuring a direct link between the company's success and his financial rewards.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Core Laboratories CEOs

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

4 years 10 months (May 2020 - Present)

Previous Experience

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

Rivals

Competitors/colleagues of Lawrence V. Bruno

R

Ben M. Palmer

CEO of RPC

2023 Compensation

Stock

$0.00

Salary

$450.00K

Bonus

$340.20K

Other

$0.00

Total Holdings

$8.24M

H

Jeffrey A. Miller

CEO of Halliburton

2023 Compensation

Stock

$27.46M

Salary

$1.60M

Bonus

$0.00

Other

$659.12K

Total Holdings

$29.98M

S

Olivier Le Peuch

CEO of Schlumberger

2023 Compensation

Stock

$0.00

Salary

$1.55M

Bonus

$3.50M

Other

$174.85K

Total Holdings

$56.26M

C

Stephen Tadlock

CEO of Cactus

2023 Compensation

Stock

$500.00K

Salary

$450.00K

Bonus

$358.43K

Other

$30.62K

Total Holdings

$1.68M

O

Denise Castillo-Rhodes

CEO of Oil States International

2023 Compensation

Stock

$0.00

Salary

$925.00K

Bonus

$838.86K

Other

$0.00

Total Holdings

$487.94K

P

Samuel D. Sledge

CEO of ProPetro Holding Corp.

2023 Compensation

Stock

$224.60K

Salary

$800.00K

Bonus

$735.80K

Other

$41.41K

Total Holdings

$4.01M

Holdings

See how much did Lawrence V. Bruno make over time.

Lawrence V. Bruno holds a significant position in Core Laboratories through performance shares. In 2023, he vested in 100,058 shares, valued at around $1.77 million based on market performance. His past performance also shows fluctuations; in 2022, his vested stock...

Lawrence V. Bruno holds a significant position in Core Laboratories through performance shares. In 2023, he vested in 100,058 shares, valued at around $1.77 million based on market performance. His past performance also shows fluctuations; in 2022, his vested stock was 91,212 shares, worth roughly $1.85 million. Over time, his stock holdings reflect his commitment to the company's long-term growth. As he leads the company into the future, these shares will be tied closely to both his and the company's performance in the energy sector. In 2021, for example, his holdings represented a notable part of his financial portfolio, showcasing the importance of equity in his overall compensation package. The fluctuating share prices demonstrate both the volatility of the market and the high stakes involved in running a company in this industry.

Mar 17, 2025

C

shares

CLB @ $14.89

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 $1.17K.
This is -83.07% and $5.73K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Lawrence V. Bruno.

CLB

$104.58K

CLB at $34.86/share

Feb 3, 2020

Purchase

CLB

100 shares

CLB

Apr 1, 2019

Received

Compensation History

See how much did Lawrence V. Bruno make over time.

In 2023, Lawrence V. Bruno's total compensation reached approximately $1.2 million. This package includes a base salary of $886,912 and a cash incentive bonus of $371,109, which was reduced due to broader company performance evaluations. He also received value from vesting in 100,058 shares of performance-based stock, adding up to about $1.77 million. Bruno's earning structure emphasizes performance-driven pay, aligning his rewards with the company's success. In 2022, his total compensation was much higher, roughly $6.4 million, driven by performance share vesting and bonuses, indicating that his earnings can fluctuate significantly based on company performance and market conditions. The overarching strategy for his compensation is to create a strong link between company performance metrics and executive pay, ensuring that success on both sides is mutually beneficial.

Year

2023

Total Compensation

$3.24M

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

$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

$1.77M(100.06K 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.

Other Core Laboratories CEOs

Here are other CEOs of Core Laboratories

David Demshur

Ex-CEO of Core Laboratories

January 2006 - May 2020