SLB Limited
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Leadership History
5 leaders · Full leadership timeline
SLB is one of the most important technical suppliers to the global energy industry. The company provides reservoir characterization, drilling, completions, production systems, digital platforms, and subsea infrastructure used by energy producers around the world. The latest audited year shows $35.708B in FY2025 revenue, $3.374B in net income attributable to SLB, and about 109,000 employees. Q1 2026 added a current snapshot of $8.721B in revenue, highlighting a company that is still profitable but more exposed to cyclical energy-service spending than a pure software or infrastructure business.
Chief Executive Officer
Le Peuch led SLB through its rebrand from Schlumberger to SLB and continues to focus the company on digital, subsea, production systems, and higher-technology energy services. In FY2025, SLB reported $35.708B in revenue and $3.374B in net income attributable to SLB.
Executive Vice President and Chief Financial Officer
Biguet has managed the complex capital structure required to fund SLB's massive acquisition strategy while maintaining investment-grade credit metrics. He successfully refinanced over $4 billion in debt in 2021, extending maturities and reducing annual interest expense, while overseeing a capital allocation strategy that generated $5.1 billion in free cash flow in FY2024.
Executive Vice President, Well Construction
Oukili oversees the company's largest revenue-generating division, driving the global deployment of the DrillOS autonomous drilling system. Under his leadership, the division has consistently reduced non-productive drilling time by 20% to 30% for major operators, securing multi-year, performance-based contracts that structurally elevate division margins.
Executive Vice President, North America
Albers manages SLB's operations across the United States and Canada, navigating the highly competitive and cyclical North American land market. He successfully optimized the regional supply chain and workforce, reducing operational costs by 15% while maintaining market share in the Permian Basin and other key unconventional shale plays.
Senior Vice President, General Counsel and Corporate Secretary
Hitzeman oversees all global legal, compliance, and regulatory affairs for SLB. She played a critical role in executing the complex regulatory approvals for the $14.8 billion Cameron acquisition and the $7.7 billion ChampionX agreement, while maintaining the company's stringent global compliance standards following historical Foreign Corrupt Practices Act settlements.
The single most existential threat to SLB's long-term margin structure and total addressable market is the structural shift in global capital allocation away from fossil fuel exploration toward renewable energy and electrification, coupled with the relentless capital discipline enforced by E&P customers. Operating in over 120 countries exposes SLB to unpredictable regulatory shifts, local content requirements that force the transfer of technology to state-owned national oil companies, and the constant risk of asset expropriation in resource-rich but politically unstable regions in Africa and the Middle East. In 1926, brothers Conrad and Marcel Schlumberger, both distinguished physicists, applied their expertise in electrical engineering to a problem that had plagued the oil industry for decades: the inability to accurately determine the presence and volume of hydrocarbons deep underground without drilling multiple expensive, dry holes.
Olivier Le Peuch is CEO of SLB.
SLB's leadership agenda centers on international growth, digital oilfield tools, drilling efficiency, energy transition technology, and capital discipline.
Leadership changes help explain shifts in capital allocation, product priorities, risk appetite, and competitive positioning.
SLB's leaders have shaped its expansion, operating model, and response to industry change.