The annual election of SLB board of directors is on April 1st. Except for our new CEO and two others, the rest of the board was elected during the PK regime. Instead of complaining about our lot, let’s change the game. You can do this by voting for the three people that are post-PK and vote against the remainder that sat and watched PK drive this company into the ground! Don’t waste your proxy vote of your stocks by doing nothing. This is a call to action which will enable your voice to be heard. Act now by voting proxy. If you don’t vote, don’t complain or whine. So ... what are you going to do? Time is of the essence! Act NOW!
13 replies (most recent on top)
If you are still holding or buying SLB stock, then I have a bridge in Brooklyn that I’ll sell you at a bargain price.
Anyone who didn’t sell their SLB stock years ago is an id–t.
Contact your broker that holds your stock and they should be able to give you instructions on how to cast your proxy vote.
How can we vote. What is the procedure??
@ @2zug+145Cv1a1
Look at Occidental - CEO struck a deal with Icahn to allow 3 new board members to retain her job, to the detriment of shareholder value.
You (and activists) would not be wrong to ask for SLB to be broken up. But, employees and stockholders will suffer - even more than we have already.
- No activist investor wants a piece of this $20B sh–pie.
- Splitting up the company would actually be good. There's a few decently performing PLs that deserves to be extricated from the morass of the rest of the organization. Shared costs paid to HQ/SL with no good services in return - sh–ty IT, sh–ty Procurement, sh–ty Operations Systems. Please. K–l it all.
Post ID: @1ehe+145Cv1a1...... Absolutely brilliant and 'on point'.
PK and his, still serving at the helm , attendant half-wits, oversaw the company shares continuously decline over a 10 period, something the wide-eyed, slavish acolytes posting embarrassing praise on the SLB homepage, seemed blissfully unaware of as were the staff buying up the shares. They were and still are, part of the problem. OTOH paying 250% more than Cameron and Smiths were worth probably did not help by errrrrmmm.... $10 billion. Due diligence my backside. I'm glad PK is not being paid as an advisor..... wait on though....
Perfect timing for the good (sic) old boys club be gutted for the larger good except the real good ones (if there is any) who (really) spread their true expertise beyond their own retirement and individual satisfaction( from junior (fe)males ) at the cost of real movers and shakers (talents) whose productivity keeps them afloat.
Are you higher on Lord Oliver Le Peuch? Looks like oil is going to open at Below $20. Getting ugly fast. Service companies are going to be gutted.
I've been voting against all incumbent board members for years. No reason to change now.
Think it through first though - pushing for board changes, at low stock prices will allow activist investors to swoop in - the inevitable conclusion then will be a break-up of the company and sell-off in pieces. Even poor balance sheet on the remaining company. Size is helping us at the moment.
If we don’t exercise our proxy vote, the company will vote our shares the way they want. Meaning they will vote to keep the same board members in place. Spread the word!