Baker Hughes Management
Management criteria checks 3/4
Baker Hughes' CEO is Lorenzo Simonelli, appointed in Jul 2017, has a tenure of 8.42 years. total yearly compensation is $19.90M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.068% of the company’s shares, worth $30.24M. The average tenure of the management team and the board of directors is 2.7 years and 5.6 years respectively.
Key information
Lorenzo Simonelli
Chief executive officer
US$19.9m
Total compensation
| CEO salary percentage | 8.27% |
| CEO tenure | 8.4yrs |
| CEO ownership | 0.07% |
| Management average tenure | 2.7yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
Baker Hughes: Why I'm Still Not Buying Despite Strong LNG And Data Center Exposure
Dec 23Here's Why We Think Baker Hughes (NASDAQ:BKR) Might Deserve Your Attention Today
Jul 13
Baker Hughes Company's (NASDAQ:BKR) Business And Shares Still Trailing The Market
Jun 27This Is Why Baker Hughes Company's (NASDAQ:BKR) CEO Compensation Looks Appropriate
May 14Baker Hughes (NASDAQ:BKR) Shareholders Will Want The ROCE Trajectory To Continue
May 09Baker Hughes: Turmoil Ahead
Apr 20Is Baker Hughes (NASDAQ:BKR) Using Too Much Debt?
Apr 15Baker Hughes: Energy Services Firm Will Continue Firing On All Cylinders
Feb 22Baker Hughes Company Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Feb 03Take Care Before Diving Into The Deep End On Baker Hughes Company (NASDAQ:BKR)
Jan 09Baker Hughes: A Rare GARP Story In Energy, A Buy Into Earnings
Jan 07Baker Hughes Q3 Results: Decent Performance, But I Am Cautious For Now
Oct 23Baker Hughes: Slowing LNG Activity A Risk Ahead Of Q2 Results (Rating Downgrade)
Jul 09Baker Hughes Should Realize Major Tailwinds Throughout The Energy Transition
Apr 26Baker Hughes Could Be This Year's Turnaround Play
Mar 06Baker Hughes: Q4 Earnings, Attractive Despite LNG Uncertainty
Jan 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | US$3b |
| Jun 30 2025 | n/a | n/a | US$3b |
| Mar 31 2025 | n/a | n/a | US$3b |
| Dec 31 2024 | US$20m | US$2m | US$3b |
| 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$195m |
Compensation vs Market: Lorenzo's total compensation ($USD19.90M) is above average for companies of similar size in the US market ($USD13.36M).
Compensation vs Earnings: Lorenzo's compensation has been consistent with company performance over the past year.
CEO
Lorenzo Simonelli (52 yo)
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 | 8.4yrs | US$19.90m | 0.068% $ 30.2m | |
| Chief Legal Officer | 1.9yrs | US$2.92m | 0.0023% $ 1.0m | |
| Chief Growth & Experience Officer and Interim EVP of Industrial & Energy Technology | no data | US$5.73m | 0.012% $ 5.3m | |
| Executive VP & CFO | 2.9yrs | no data | 0.0035% $ 1.6m | |
| Senior VP | 2.5yrs | no data | 0.0013% $ 563.2k | |
| Chief Information Officer | 3.9yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| VP, Chief Compliance Officer & Corporate Secretary | no data | no data | no data | |
| Vice President of Brand & External Communications | no data | no data | no data | |
| Chief People & Culture Officer | 1.2yrs | no data | no data | |
| Senior Vice President of Enterprise Operational Excellence | 3.2yrs | US$2.28m | 0.0021% $ 920.8k | |
| Executive Vice President of Oilfield Services & Equipment | 1.2yrs | no data | 0.00077% $ 344.2k |
Experienced Management: BKR's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 8.4yrs | US$19.90m | 0.068% $ 30.2m | |
| Independent Director | 8.4yrs | US$390.41k | 0.0017% $ 764.4k | |
| Independent Director | 8.4yrs | US$351.75k | 0.0068% $ 3.0m | |
| Independent Director | 5.6yrs | US$325.00k | 0.0037% $ 1.6m | |
| Independent Director | 2.9yrs | US$323.45k | 0.0010% $ 464.9k | |
| Lead Independent Director | 8.4yrs | US$413.33k | 0.0018% $ 818.0k | |
| Independent Director | 3.9yrs | US$315.00k | 0.0037% $ 1.7m | |
| Independent Director | 8.4yrs | US$322.50k | 0.0090% $ 4.0m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.9yrs | US$310.00k | 0.00055% $ 245.9k | |
| Director | 1.6yrs | US$258.91k | 0% $ 0 |
Experienced Board: BKR's board of directors are considered experienced (5.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/26 12:17 |
| End of Day Share Price | 2025/12/26 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Baker Hughes Company is covered by 44 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| J. David Anderson | Barclays |
| J. David Anderson | Barclays |