Baker Hughes Company (BKR)

32.20 +0.18 (+0.56%) At close: 04:00PM EDT

Baker Hughes Company

575 North Dairy Ashford Road
Suite 100
Houston, TX 77079-1121
United States
713 439 8600
https://www.bakerhughes.com

Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full-time employees: 58,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Lorenzo Simonelli	Chairman, President & CEO	8.6M	N/A	1973
Ms. Nancy K. Buese CPA	Chief Financial Officer	2.39M	N/A	1970
Ms. Maria Claudia Borras	Executive Vice President of Oilfield Services & Equipment	3.77M	365.39k	1969
Mr. James E. Apostolides	Senior Vice President of Enterprise Operational Excellence	1.45M	N/A	1979
Mr. Ganesh Ramaswamy	Executive Vice President of Industrial & Energy Technology	4.6M	N/A	1969
Ms. Rebecca Charlton	Senior VP, Controller & Chief Accounting Officer	N/A	N/A	1979
Mr. Jeff Fleece	Chief Information Officer	N/A	N/A	N/A
Mr. Chase Mulvehill	Vice President of Investor Relations	N/A	N/A	N/A
Ms. Georgia Magno	Chief Legal Officer	N/A	N/A	1979
Ms. Deanna L. Jones	Executive Vice President of People, Communications & Transformation	N/A	N/A	1969

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The IET segment provides gas technology equipment, including drivers, driven equipment, flow control, and turnkey solutions for the mechanical-drive, compression, and power-generation applications; and energy sectors, such as oil and gas, LNG operations, petrochemical, and carbon solutions. This segment also provides rack-based vibration monitoring equipment and sensors; integrated asset performance management products; inspection services; pumps, valves, and gears; precision sensors and instrumentation, and condition monitoring solutions. It serves upstream, midstream, downstream, onshore, offshore, and small and large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company was incorporated in 2016 and is based in Houston, Texas.

Corporate governance

Baker Hughes Company’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 2; Board: 5; Shareholder rights: 2; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.