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Schlumberger finance chief steps down

Houston oilfield services giant Schlumberger said its chief financial officer and executive vice president Jean-Marc Perraud was to retire.

Schlumberger said Perraud would be replaced by its vice president and treasurer Simon Ayat from 1 March.

Perraud, who joined Schlumberger in 1974 and who has held the finance post since 2002, will stay on as a financial adviser under a phased retirement plan.

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