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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d)
On April 22, 2021, the Board of Directors (the “Board”) of Schlumberger Limited (the “Company”) appointed Mr. Samuel Leupold to serve as a member of its Board of Directors effective immediately. Mr. Leupold will also serve on the Board’s Finance Committee and its New Energy and Innovation Committee.
Mr. Leupold brings significant experience in energy transition and sustainability to the Board, having served as the Chief Executive Officer of Ørsted Wind Power A/S, the principal subsidiary Ørsted AS, from 2013 to 2018, where he led Ørsted Wind Power to become the world’s leading developer and owner of offshore wind assets. In addition, since 2019, Mr. Leupold has been Chairman of Wind Energy at Green Investment Group, a leading global green infrastructure investor owned by the Macquarie Group, and served as an independent senior advisor on energy and infrastructure. Since May 2020, Mr. Leupold has been an independent non-executive member of the board at Enel SpA, one of Europe’s largest utilities focused on sustainability and the energy transition. The Board of Schlumberger believes that Mr. Leupold’s insight and experience will benefit the Company as it implements its strategy to deploy sustainable technologies to provide accessible energy for the benefit of all.
Mr. Leupold will serve until the next annual general meeting of the Company’s stockholders, at which he will be subject to re-election. Mr. Leupold will be compensated under the Company’s director compensation program as described in its most-current proxy statement, prorated based on his date of appointment, and is expected to enter into the Company’s standard director indemnity agreement previously filed by the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SCHLUMBERGER LIMITED |
/s/ Saul R. Laureles |
Saul R. Laureles |
Assistant Secretary |
Date: April 26, 2021 |