Baker Hughes Management
Management criteria checks 1/4
Baker Hughes' CEO is Lorenzo Simonelli, appointed in Jul 2017, has a tenure of 7.17 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 MX$357.90M. The average tenure of the management team and the board of directors is 1.9 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 | 7.2yrs |
CEO ownership | 0.05% |
Management average tenure | 1.9yrs |
Board average tenure | 5.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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 MX market ($USD5.68M).
Compensation vs Earnings: Lorenzo's compensation has increased by more than 20% in the past year.
CEO
Lorenzo Simonelli (51 yo)
7.2yrs
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 | 7.2yrs | US$21.68m | 0.051% $ 357.9m | |
Chief Financial Officer | 1.8yrs | US$6.04m | 0.0052% $ 37.0m | |
Executive Vice President of Oilfield Services & Equipment | no data | US$6.93m | 0.0093% $ 65.6m | |
Senior Vice President of Enterprise Operational Excellence | 1.9yrs | US$2.28m | 0.0015% $ 10.7m | |
Executive Vice President of Industrial & Energy Technology | 1.7yrs | US$9.21m | 0.00097% $ 6.9m | |
Senior VP | 1.3yrs | no data | 0.00089% $ 6.3m | |
Chief Information Officer | 2.7yrs | 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% $ 5.9m | |
Executive Vice President of People | 4.7yrs | no data | no data | |
Chief Technology Officer of Industrial & Energy Technology | no data | no data | no data | |
Senior VP & Chief People Officer | no data | no data | no data |
1.9yrs
Average Tenure
52.5yo
Average Age
Experienced Management: BKR *'s management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman | 7.2yrs | US$21.68m | 0.051% $ 357.9m | |
Independent Director | 7.2yrs | US$378.18k | 0.0017% $ 12.0m | |
Independent Director | 7.2yrs | US$352.69k | 0.0058% $ 41.1m | |
Independent Director | 4.3yrs | US$333.50k | 0.0037% $ 25.8m | |
Independent Director | 1.7yrs | US$305.62k | 0% $ 0 | |
Lead Independent Director | 7.2yrs | US$401.00k | 0.0018% $ 12.5m | |
Independent Director | 2.7yrs | US$326.33k | 0.0037% $ 26.3m | |
Independent Director | 7.2yrs | US$335.61k | 0.0089% $ 63.0m | |
Independent Director | less than a year | no data | 0.00055% $ 3.9m | |
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).