Schlumberger CFO Simon Ayat Reportedly To Retire Soon

Schlumberger Ltd. (NYSE: SLB) CFO Simon Ayat plans to retire this year and a company insider has emerged as the top candidate to replace him at the world’s largest oil services firm, three people familiar with the matter told Reuters.

Stephane Biguet, currently vice president of finance, is the frontrunner to replace Ayat, according to the people who declined to be named because the matter is not yet public.

Schlumberger declined to comment.