Just received materials for subject meeting. Eight-one pages in the booklet with over thirty dedicated to executive compensation. Really Schlumberger? You are clueless.
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Of course, if you are not an executive you are a nobody. Accept your place in line with your hand out like everyone else.
Perhaps the original poster should send some time on the SEC website perusing other proxy statements before posting. Check the previous proxies filed by BHI and HAL, they run about 20 pages dedicated to executive compensation out of a total of 55 pages or so. Check around you'll find nearly similar in other industries.
If you look at the proxy statements of many other companies you will likely find a similar percentage dedicated to the executives compensation. This goes along with the say-on-pay items that was introduced as part of the Dodd-Frank bill passed by the US Congress sometime in 2010. You have the option to vote to approve or vote against the executive compensation, but unfortunately this is often non-binding. In the case of SLB for the 2017 proxy, the vote is 'advisory' only (non-binding). Even if more than 50% of shareholders voted against the proposal, the board of directors can ignore that vote and approve it anyway.