Paal Kibsgaard had significant stock holdings in Schlumberger, particularly in the years leading up to his retirement in 2019. At his peak, the value of his vested stock was over $15 million, indicating a solid investment in the company's future....
Paal Kibsgaard had significant stock holdings in Schlumberger, particularly in the years leading up to his retirement in 2019. At his peak, the value of his vested stock was over $15 million, indicating a solid investment in the company's future. By 2019, he had about 362,891 shares vested, showcasing a strong commitment to the company. Throughout his career, Kibsgaard's net worth was closely linked to his stock performance, as he consistently participated in stock option plans tied to performance metrics. This connection helped him substantially benefit during successful financial years, shaping his overall wealth and influence in the industry.