SLB: Executive VP Khaled Al Mogharbel to step down May 1, 2025, becoming CEO adviser
SLB Executive Vice President of Geographies Khaled Al Mogharbel will step down effective May 1, 2025, after a 30-year career with the company. He will serve as an adviser to the chief executive through May 1, 2028, to help transition the Geographies organization, and the filing describes restrictive covenants and a three-year payment package tied to that role.
Key points
- Al Mogharbel indicated his departure on April 7, 2025; it takes effect May 1, 2025.
- Under the advisory agreement, he will receive an annual cash payment equal to 75% of his current base salary for three years.
- He will receive a 2025 cash incentive prorated to May 1, 2025, paid at target, and his outstanding equity awards will continue to vest.
- The full agreement will be filed as an exhibit to SLB's Form 10-Q for the quarter ending June 30, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 08, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.