Stephane Biguet
Summary
Stephane Biguet has been SLB’s executive vice president and chief financial officer since January 2020, following a 24-year career in the company’s finance and operations organizations. ([slb.com](https://www.slb.com/about/who-we-are/our-leadership/stephane-biguet?utm_source=openai))
Biography
Biguet joined SLB in 1995 and began in the corporate internal-audit group. His subsequent assignments included mergers and acquisitions director, group controller for Reservoir Characterization, regional controller for Europe and Africa, and business-line operations manager in North America. ([slb.com](https://www.slb.com/about/who-we-are/our-leadership/stephane-biguet?utm_source=openai)) Before becoming CFO, he served in senior finance positions including vice president of Global Business Services, vice president controller, vice president treasurer, and vice president of finance. His career has included assignments across Europe, Latin America, and North America. ([slb.com](https://www.slb.com/about/who-we-are/our-leadership/stephane-biguet?utm_source=openai)) Biguet holds a master’s degree in accounting and finance from Université Paris-Dauphine and a postgraduate degree in accounting and management. In his current role, he leads SLB’s global finance organization and supports strategic, operational, and capital-allocation decisions. ([slb.com](https://www.slb.com/about/who-we-are/our-leadership/stephane-biguet?utm_source=openai))
Notable achievements
- Helped lead SLB’s capital-stewardship program before becoming CFO, including work on the company’s broader performance and capital-discipline strategy. ([slb.com](https://www.slb.com/newsroom/press-release/2019/pr-2019-12-10-cfo-succession?utm_source=openai))
- Supported the 2024 financial program that produced $6.6 billion in operating cash flow, $4.0 billion in free cash flow, $3.3 billion returned to shareholders, and a $571 million reduction in net debt. ([sec.gov](https://www.sec.gov/Archives/edgar/data/87347/000095017025007638/slb-20241231.htm?utm_source=openai))
- Served as CFO during SLB’s planned acquisition of ChampionX, a major all-stock transaction designed to expand the company’s production and recovery portfolio. ([slb.com](https://www.slb.com/newsroom/press-release/2024/slb-announces-agreement-to-acquire--championx-in-an-all-stock-transaction?utm_source=openai))
- Maintained continuity in SLB’s finance leadership through a cyclical industry downturn while overseeing a global finance organization across the company’s operating regions. ([slb.com](https://www.slb.com/about/who-we-are/our-leadership/stephane-biguet?utm_source=openai))
Problem areas / controversies
- The CFO role is exposed to the oilfield-services cycle, and SLB’s 2025 filing reported lower revenue in parts of the business because of the Palliser divestiture and an Ecuador pipeline-related production interruption. ([sec.gov](https://www.sec.gov/Archives/edgar/data/87347/000119312526021017/slb-20251231.htm?utm_source=openai))
- The ChampionX acquisition creates financial and integration responsibilities, including the challenge of achieving projected synergies while managing transaction-related execution risks. ([slb.com](https://www.slb.com/newsroom/press-release/2024/slb-announces-agreement-to-acquire--championx-in-an-all-stock-transaction?utm_source=openai))
- SLB’s 2020 downturn required restructuring, cost reductions, workforce actions, and asset impairments, highlighting the balance Biguet has had to manage between financial discipline and operating capacity. ([sec.gov](https://www.sec.gov/Archives/edgar/data/87347/000156459021002477/slb-10k_20201231.htm?utm_source=openai))
- Public filings and company biographies reviewed did not identify a major personal controversy involving Biguet; the principal concerns are company-level cyclicality, acquisition execution, and operating volatility. ([sec.gov](https://www.sec.gov/Archives/edgar/data/87347/000119312526021017/slb-20251231.htm?utm_source=openai))
