Former Schlumberger CEO’s compensation jumped in 2019

The pay gap between the executive compensation of Schlumberger NV’s (NYSE: SLB) CEO and its median employee jumped in 2019, despite the fact that the company’s top executive retired seven months into the year.

Paal Kibsgaard, who gave up his post at the top of the C-suite on Aug. 1, made $22.25 million in cash, equity awards and other forms of compensation during 2019. That’s an increase of more than $6 million compared to his total compensation for 2018, according to the company’s latest…