Baker Hughes Management
Management criteria checks 1/4
Baker Hughes' CEO is Lorenzo Simonelli, appointed in Jul 2017, has a tenure of 7.25 years. total yearly compensation is $21.68M, comprised of 7.3% salary and 92.7% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth ARS18.48B. The average tenure of the management team and the board of directors is 1.8 years and 5.8 years respectively.
Key information
Lorenzo Simonelli
Chief executive officer
US$21.7m
Total compensation
CEO salary percentage | 7.3% |
CEO tenure | 7.3yrs |
CEO ownership | 0.05% |
Management average tenure | 1.8yrs |
Board average tenure | 5.8yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | US$2b |
Jun 30 2024 | n/a | n/a | US$2b |
Mar 31 2024 | n/a | n/a | US$2b |
Dec 31 2023 | US$22m | US$2m | US$2b |
Sep 30 2023 | n/a | n/a | US$2b |
Jun 30 2023 | n/a | n/a | US$1b |
Mar 31 2023 | n/a | n/a | -US$97m |
Dec 31 2022 | US$16m | US$2m | -US$601m |
Sep 30 2022 | n/a | n/a | -US$490m |
Jun 30 2022 | n/a | n/a | -US$466m |
Mar 31 2022 | n/a | n/a | US$305m |
Dec 31 2021 | US$16m | US$1m | -US$219m |
Sep 30 2021 | n/a | n/a | US$140m |
Jun 30 2021 | n/a | n/a | -US$38m |
Mar 31 2021 | n/a | n/a | -US$165m |
Dec 31 2020 | US$15m | US$1m | -US$10b |
Sep 30 2020 | n/a | n/a | -US$11b |
Jun 30 2020 | n/a | n/a | -US$10b |
Mar 31 2020 | n/a | n/a | -US$10b |
Dec 31 2019 | US$15m | US$1m | US$128m |
Sep 30 2019 | n/a | n/a | US$211m |
Jun 30 2019 | n/a | n/a | US$167m |
Mar 31 2019 | n/a | n/a | US$157m |
Dec 31 2018 | US$16m | US$1m | US$195m |
Sep 30 2018 | n/a | n/a | US$95m |
Jun 30 2018 | n/a | n/a | -US$52m |
Mar 31 2018 | n/a | n/a | -US$33m |
Dec 31 2017 | US$13m | US$700k | -US$103m |
Compensation vs Market: Lorenzo's total compensation ($USD21.68M) is above average for companies of similar size in the AR market ($USD5.84M).
Compensation vs Earnings: Lorenzo's compensation has increased by more than 20% in the past year.
CEO
Lorenzo Simonelli (51 yo)
7.3yrs
Tenure
US$21,680,736
Compensation
Mr. Lorenzo Simonelli has been Senior Non-Executive Director at Iveco Group N.V. since March 2022. He serves as Independent Non-Executive Director of Iveco Group N.V. since January 01, 2022. He has been th...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 7.3yrs | US$21.68m | 0.051% ARS 18.5b | |
Chief Financial Officer | 1.9yrs | US$6.04m | 0.0052% ARS 1.9b | |
Chief Growth & Experience Officer | no data | US$6.93m | 0.0093% ARS 3.4b | |
Senior Vice President of Enterprise Operational Excellence | 2yrs | US$2.28m | 0.0015% ARS 552.2m | |
Executive Vice President of Industrial & Energy Technology | 1.8yrs | US$9.21m | 0.00097% ARS 354.7m | |
Senior VP | 1.3yrs | no data | 0.00089% ARS 325.5m | |
Chief Information Officer | 2.8yrs | no data | no data | |
Vice President of Investor Relations | no data | no data | no data | |
Chief Legal Officer | less than a year | no data | 0.00083% ARS 303.5m | |
Chief People & Culture Officer | no data | no data | no data | |
Chief Technology Officer of Industrial & Energy Technology | no data | no data | no data | |
Executive Vice President of Oilfield Services & Equipment | no data | no data | no data |
1.8yrs
Average Tenure
52yo
Average Age
Experienced Management: BKR's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 7.3yrs | US$21.68m | 0.051% ARS 18.5b | |
Independent Director | 7.3yrs | US$378.18k | 0.0017% ARS 621.7m | |
Independent Director | 7.3yrs | US$352.69k | 0.0058% ARS 2.1b | |
Independent Director | 4.4yrs | US$333.50k | 0.0037% ARS 1.3b | |
Independent Director | 1.8yrs | US$305.62k | 0% ARS 0 | |
Lead Independent Director | 7.3yrs | US$401.00k | 0.0018% ARS 643.6m | |
Independent Director | 2.8yrs | US$326.33k | 0.0037% ARS 1.4b | |
Independent Director | 7.3yrs | US$335.61k | 0.0089% ARS 3.3b | |
Independent Director | less than a year | no data | 0.00055% ARS 201.1m | |
Director | less than a year | no data | no data |
5.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: BKR's board of directors are considered experienced (5.8 years average tenure).