Schlumberger appoints new CEO

Offshore services giant Schlumberger has appointed Olivier Le Peuch as its new chief executive officer with effect from August 1.

Le Peuch has 32 years with the company and takes over from Paal Kibsgaard, who is retiring from his role as chairman and CEO after more than 22 years service.

Non-independent director Mark G. Papa will become non-executive chairman of the board.

Commenting on the changes, Kibsgaard said: “Olivier possesses the company’s values, an in-depth knowledge of our business, and a proven industry track record—all together, he is ideally suited to lead Schlumberger into the next chapter of our history.”

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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