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David J. Lesar is a well-known figure in the oil industry. He is known for his leadership positions at large companies like Halliburton and CenterPoint oil. His long career has made an important impact to his wealth. This page explores Lesar’s work path, financial worth, and other relevant information.
Early Life and Education
David Lesar was born on May 30, 1953 in Madison, Wisconsin. He attended University of Wisconsin-Madison in 1978. He laid the foundation for his future economic and financial ventures by graduating from the university with a Bachelor of Science and a Master of economic Administration.
Career
Lesar started his career with Arthur Andersen, where he worked for 16 years before rising to the position of partner. His move into the energy industry was made possible by his job as a client for Halliburton during this time.
Lesar became a vice president at Halliburton in 1995. From 1995 to 1997, he was the company’s Chief Financial Officer. From 1997 to 2000, he was the President and Chief Operating Officer. From 2000 to 2017, he was the Chairman and Chief Executive Officer. Between 1997 and 2001, Halliburton made more than $1 billion in technology development investments under his direction, which promoted innovation in the oilfield services sector.
Following Halliburton, Lesar was interim CEO of Health Care Service Corporation from July 2019 to June 2020, then President and CEO of CenterPoint Energy from June 2020 until his retirement in January 2024, and finally Chairman and CEO of Superior Energy Services in August 2024.
Net Worth
As of 2025 David J. Lesar’s estimated net worth is at least $72 million. Approximately 1,623,934 shares of CenterPoint Energy Inc. (CNP) stock, valued at approximately $58 million, are owned by David J. Lesar, the company’s CEO. In addition to being the executive chairman of the Halliburton Co. board, David J. Lesar is the owner of about 536,613 shares of Halliburton Co. (HAL) stock, which is valued at over $14 million.
Compensation and Earnings
Lesar earned huge salary packages over his career. His overall yearly salary at Halliburton varied, with some significant figures being:
- 2017: $39 million while serving as the board’s executive chairman.
- 2018: $17 million while serving as the board’s former executive chairman.
Lesar was compensated with the following when he joined CenterPoint Energy in 2020:
- A salary of around $1.4 million per year.
- A $1 million share signing bonus.
- Extra awards of incentive stock.
Final Thoughts
Throughout his career in the energy sector, David Lesar has held important leadership positions and received high salaries. Although it’s challenging to determine his exact net worth, his earnings from executive roles and stock holdings allude to significant wealth. Lesar’s impact in the industry is further cemented by his position at Superior Energy Services, which further solidifies his influence in the field.
Frequently Asked Questions
1.What is David Lesar’s net worth?
As of 2025 David J. Lesar’s estimated net worth is at least $72 million., David Lesar has accumulated significant wealth from his executive roles, with his compensation at Halliburton and CenterPoint Energy reaching tens of millions of dollars annually.
2.What companies has David Lesar worked for?
He has held leadership roles at Arthur Andersen, Halliburton, Health Care Service Corporation, CenterPoint Energy, and Superior Energy Services.
3. What was David Lesar’s role at Halliburton?
He joined Halliburton in 1995 as a Vice President, later serving as CFO (1995–1997), President and COO (1997–2000), and Chairman and CEO (2000–2017).
4.How much did David Lesar earn as CEO of Halliburton?
His total compensation in 2017 was $39 million, and in 2018, it was $17 million as the former Executive Chairman of the Board.
5.What was Lesar’s salary at CenterPoint Energy?
He received an annual salary of nearly $1.4 million, a $1 million signing bonus in shares, and additional incentive stock awards. His 2021 total compensation was $38 million.
6.What is David Lesar’s educational background?
He holds a Bachelor of Science and an MBA from the University of Wisconsin-Madison.
7.What leadership position did David Lesar take in 2024?
In August 2024, he became the Chairman and CEO of Superior Energy Services.
8.What industry award has David Lesar received?
In 2017, he received the Gold Medal for Distinguished Achievement from the American Petroleum Institute (API) for his contributions to the energy sector.
9.What was Lesar’s first job?
He started his career at Arthur Andersen, where he worked for 16 years and eventually became a partner.
10.Does David Lesar own any stock in CenterPoint Energy?
As of November 2023, he owned 37,000 shares, valued at over $1.25 million.
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