Richard L. Bergmark
Board Director, Executive Vice President, & CFO (Retired)
Core Laboratories NV
• Georgia Tech Foundation Board
• iFOLIO Advisory Investor Board
• Alexander-Tharpe Board
• Scheller Georgia Tech College of Business Board
University of Oklahoma
MBA
Georgia Institute of Technology
BS, Industrial Management
Elevating to New Heights
With over 70 offices in more than 50 countries located in major oil-producing provinces, Core Laboratories provides services to the world's major, national, and independent oil companies.
Richard took Core Laboratories public and listed it on the New York Stock Exchange.
Core Laboratories Leadership
Drove revenue from $40 million at the time of the management buyout to a peak of $1.1 billion
Expanded total enterprise value from $40 million to a peak of $10 billion
IPO’d on NASDAQ, moved to the NYSE and as the company expanded into more than 50 countries, dual-listed the shares onto the Amsterdam Euronext Exchange
Core Labs - A Leader in the Oil Industry
Core Laboratories NV, established in 1936, is one of the world's leading providers of proprietary and patented reservoir description, production enhancement and reservoir management services to the oil and gas industry. These products and services enable Core Lab's clients to improve reservoir performance and increase oil and gas recovery from the fields.
Core Labs has over 70 offices in more than 50 countries and has approximately 4,900 employees.
Path to Core Laboratories...
Richard concentrated in the oil and gas industry in a path that led to Core Labs.
- Richard worked for The Gulf Oil Treasury Department in 1977 and in 1983 he joined Global Marine as Assistant Treasurer.
- In 1987 Richard became the Treasurer of Western Atlas International Inc, a division of Western Atlas.
- In 1991 Richard was appointed Area Manager for Finance and Administration for Europe, Africa, and the Middle East operations of Western Geophysical a division of Western Atlas. From the company's separation with Western Atlas in 1994 until 1999, he served as Chief Financial Officer and Treasurer.
In 1999 Richard was appointed Executive Vice President of Core Laboratories N.V.
Key Achievements in the Oil Industry
Richard was a Board Director as well as the Executive Vice President, Chief Financial Officer and Treasurer of Core Laboratories NV. He joined the company in 1994 serving as its Chief Financial Officer when he and a group of managers bought the business from its parent company through a management led buy-out. He led the company’s IPO onto the NASDAQ Stock Exchange just one year later and then moved the listing to The New York Stock Exchange in 1998.
#1
Named Best CFO in Oil Services & Equipment industry by Institutional Investor Magazine in 2016
Undergraduate Education
Georgia Institute of Technology, Bachelor of Science, Industrial Management
Graduate Education
University of Oklahoma, Masters of Business Administration
Georgia Tech Legacy
Swim Headlines Freshman Year
Bergmark Leads Tech Swimmers Through Extremely Tough Schedule
Set 8 records freshman year!
Alumnus Names Aquatic Center for Former Coach
Almost 20 years after Atlanta hosted the Centennial Olympic Games, one of the most magnificent sites constructed for the 1996 event still reigns among the nation’s premier swimming and diving facilities.
Read the unique story of the cutting edge swim center, the former scholarship swimmer who made it possible, and why he named it for his swim coach McAuley Aquatic Center below!
Life's Enjoyment After Retirement...
Bergmark gives back through a scholarship program at GT Scheller College of Business. Scholarship recipients get mentoring and real life business in action on a trip to Wall Street!
Distance Swimming Today
Bergmark has taken his swimming to the open water. This is photo was after the Alcatrez distance swim of 1.5 Miles in open water in San Francisco Bay.
Affiliations
