Summary
SLB LIMITED/NV (SLB) filed an 8-K report on January 24, 2008, to announce a key change within its Board of Directors. Rana Talwar, a current director, has informed the Chairman of his decision not to seek re-election at the upcoming 2008 Annual Meeting of Shareholders, anticipated in April. This decision is attributed to Mr. Talwar's existing job-related commitments. While Mr. Talwar will continue to serve his term until the annual meeting, investors should note this departure from the board. The company has not indicated any immediate plans for a replacement, but the change will reduce the board's size by one member following the meeting. This filing provides transparency on governance changes relevant to shareholders.
Key Highlights
- 1Director Rana Talwar will not stand for re-election at the 2008 Annual Meeting of Shareholders.
- 2Mr. Talwar's decision is due to existing job-related commitments.
- 3He will continue to serve as a director until the 2008 Annual Meeting, expected in April 2008.
- 4This filing is an 8-K Current Report, indicating a material event.
- 5The report was filed on January 24, 2008, with the earliest event date reported as January 17, 2008.
- 6The company is identified as Schlumberger N.V. (Schlumberger Limited).