Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. PDF Version. On 30th - 31st January 2023, Baker Hughes held its annual forum hosting energy and industry thought leaders from around the globe in Florence, Italy. Add to watchlist. A plurality of employees at Baker Hughes earns $60k-100k. 96. Baker Hughes CEO Lorenzo Simonelli bought $1 million of the oilfield-services company’s shares on Sept. on 2 June 2023. It is not easy to digitally transform. In addition, he makes $14,922,600 as Chairman of the Board, President e. Presently, Mr. Our people are diverse, ambitious and collaborative. Simonelli owns 589,938 shares of Baker Hughes stock worth. Lorenzo Simonelli Lorenzo Simonelli is an Influencer. ’ That doesn’t happen in real life,. Lorenzo Simonelli. 03 million less in 2019 than he did in 2018, according to the company’s two most recent proxy statements. 6M in stock awards, accounting for 60% of the total pay in 2018. 35% of employees earn a salary of $60k-100k a year. 7 billion for the quarter, up 24% sequentially and up 28% year-over-year; Revenue of $5. The average a Baker Hughes salary in the United States is $69,200 per year. Culture and Values. Lorenzo Simonelli is chairman and CEO of Baker Hughes (NYSE:BKR), an energy technology company that combines innovation, expertise and scale to provide solutions for energy and industrial customers worldwide. 2K in other compensation. S. 88 Ratings. Lorenzo Simonelli Lorenzo Simonelli is an Influencer. However, the oil and gas outlook remains cheery, based on the. Born in Dodoma, Tanzania to an Italian father (anthropologist and researcher) and a Tanzanian mother, he moved with his family to Rome at the age of 5. Lorenzo Ndele Simonelli (born 1 June 2002) is a Tanzanian-born Italian hurdler who was 4th at the 2023 European indoor Championships. Opens the Fishbowl by Glassdoor site in a new window. Mr. In addition, he makes $14,922,600 as Chairman of the Board, President, and Chief. 98 Ratings. Baker Hughes Chairman & CEO Lorenzo Simonelli gives his outlook for the year. Ability to drive projects and objectives if the manager is right. Lorenzo Simonelli, Chief Executive Officer, received $16M in total, which increased by 26% compared to 2017. Baker Hughes CEO Lorenzo Simonelli provides insight on the energy sector on 'The Claman Countdown. Go to the experts. Barclays CEO Energy Conference - Lorenzo Simonelli September 8, 2020 In addition to industrials, we remain focused on driving growth in the non-metallic and chemicals sectors. He is the Chairman, President and CEO of Baker Hughes, to GE company (BHGE), t. Back Submit. Back Submit. Baker Hughes Chairman and CEO Lorenzo Simonelli opening the Annual Meeting 2023. The estimated Net Worth of Lorenzo Simonelli is at least $47. The company’s revenue was nearly cut in half last year, falling from $33 billion in 2019 to $19 billion in 2020, while its net income swung from $7. 5 Million dollars as of 30 January 2023. The company reported net revenue of $289 million for the first quarter, about 24% less than during the fourth quarter but 99% higher than year-ago levels. Mr. My initial… | 30 comments on LinkedInCherie awaits you with an attractive new design. 92 million in 2019, and $15. Jobs People Learning Dismiss Dismiss. The International Energy Agency has stated that a 10% efficiency increase in oil and gas operations could reduce CO 2 emissions by 500,000 tons, he said. Back Submit. Mr. Lorenzo Simonelli. 67 % 67% Positive Business Outlook. Opens the Fishbowl by Glassdoor site in a new window. Baker Hughes CEO Lorenzo Simonelli bought $1 million of the oilfield-services company’s shares on Sept. Jason A Taggart. Lorenzo Simonelli. Opens the Fishbowl by Glassdoor site in a new window. Leadership Hiring - Kindly follow/mail 30 k limit reached Report this post Report ReportThe estimated Net Worth of Lorenzo Simonelli is at least $42. March 6th, 2023, 3:52 PM PST. Biography. See other posts by Catherine Catherine Spina 12h Report this post. Our strategic transformation in 2022 highlights sustainability as one of our core differentiators. We would like to show you a description here but the site won’t allow us. Lorenzo Simonelli . Chairman & CEO at Baker Hughes 1w Report this post This week at the Energy. 1 of 6 Martin Craighead (left), chairman and CEO of Baker Hughes, and Lorenzo Simonelli (right), president and CEO of GE Oil & Gas, discuss their merger deal, Monday, Oct. Elsenhans. Now he's moving to Houston to lead a company with. Lorenzo Simonelli, CEO of Baker Hughes a GE company, was compensated $16 million in 2018. The company’s revenue was nearly cut in half last year, falling from $33 billion in 2019 to $19 billion in 2020, while its net income swung from $7. 2K in other compensation. Salary and CompensationAs pointed out by Lorenzo Simonelli, the president and CEO of GE’s oil and gas business. The mission for the 2-day agenda was clear: to drive meaningful dialogue on how we balance the energy trilemma and continue momentum in the energy transition. Baker Hughes Company (BKR) Houston, TX. A live webcast and replay will be available to watch here. Simonelli also received $369K of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $2. Lorenzo Simonelli Expand search. Lorenzo Simonelli Lorenzo Simonelli is an Influencer. Chairman and CEO, Baker Hughes. “Efficiency is the unsung hero of the energy transition. The estimated Net Worth of Lorenzo Simonelli is at least 40 百万$ dollars as of 30 January 2023. 4b. He is married and resides in Houston. Rehman, Heineken Chief Executive Dolf van den Brink and Baker Hughes CEO Lorenzo Simonelli called for more global coordination among regulators to encourage power purchase agreements and tax. President, CEO, GE Transportation. Compare management, culture and compensation ratings for Baker Hughes and Quest Global. Simonelli said. The Board of Directors is currently composed of nine Directors, two Executive Directors and seven Non-executive Directors. “Efficiency is the unsung hero of reducing global emissions,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes Co. October 19, 2022 at 8:47 AM EDT. Lorenzo Simonelli Houston, TX. View open jobs at this location. 67 % 67% Positive Business Outlook. 77 % 77% Recommend to a friend. Salary and Compensation Internships Employee Benefits. Ratings from 2,570 employees, gives Lorenzo Simonelli an approval rating of 78%. 77 % 77% Recommend to a friend. Leadership in transformation: BHGE CEO Lorenzo Simonelli on a changing industry. Baker Hughes Company (NASDAQ:BKR) Q4 2020 Earnings Conference Call January 21, 2021 9:00 AM ETCompany Participants. Lorenzo Simonelli is CEO of Baker Hughes. Cons. Mr. By 2020, the total technology spend on industrial Internet is estimated to reach $514 billion, creating nearly $1. Salary and Compensation Internships Employee Benefits See All. Baker Hughes is an energy technology company that combines innovation, expertise and scale to provide solutions for energy and industrial customers worldwide. Lorenzo Simonelli Expand search. Lorenzo Simonelli’s Post Lorenzo Simonelli Lorenzo Simonelli is an Influencer. August 12, 2014. “We are seeing a heightened need for more available energy sources, as well as clear mitigation of high energy prices as a result of inflation and supply-demand imbalance, to ensure energy remains affordable in every region. There are no executives at Baker Hughes Co getting paid more. These programs drive localization through job creation, supply chain development and export enablement, and further emphasize Saudi Arabia’s position as a global energy hub,” said Lorenzo Simonelli, Chairman and CEO of Baker Hughes. There are no executives at Baker Hughes Co getting paid more. 65% cost of living increase this year, when we had a 7. Shareholders most important. 6% salary and 90. Based on our data team's research, Lorenzo Simonelli is the Baker Hughes, a GE's CEO. Brian Worrell - CFO. Lorenzo Simonelli Lorenzo Simonelli Chairman & CEO at Baker Hughes Published Jul 5, 2022 + Follow Five years ago this week, we began our journey as the newly-merged Baker Hughes. Age: 36 . In addition, he makes $14,922,600 as Chairman of the Board, President et. 77 % 77% Recommend to a friend. SLB had 93 more reviews than Baker Hughes that mentioned "Work life balance" as a Pro. Aug 30, 2021. Cons. The salary of any large companies changes each year. 6 million, excluding a few outliers who skew the average with exceptionally large paydays. Lorenzo Simonelli’s Post Lorenzo Simonelli Lorenzo Simonelli is an Influencer Chairman & CEO at Baker Hughes 4yThe future revenue potential from these solutions is immense. As Chairman and CEO of energy technology company Baker Hughes, he’s doing it again, helping to redefine the. 18 August 2021 - 1:21 PM Utilities & Energy; EMEA; Nimble and Decisive: Lorenzo Simonelli. CERAWeek by S&P Global is the world’s premier energy conference. Annual salary review is a joke. Kraft Heinz CEO – Bernardo Hees. He is married and resides in Houston. . Aug 30, 2021. @simonelli_l Chairman, President, and CEO of @bakerhughesco says it 's a very different experience for leaders today than it was decades ago. . The estimated Net Worth of Lorenzo Simonelli is at least $46. Simonelli smiled as he. work life balance at par salary many benefits insurance for parent car lease great people to work with. The entire turbine was created in Tuscany, partly though a collaboration between the GE plant and the Sesta laboratory (in the Siena province) – pecialized in turbine research – recently upgraded through a Region of Tuscany. The estimated net worth of Lorenzo Simonelli is at least $20. Of this total $1,542,308 was received as a salary, $1,632,800 was received as a bonus, $0 was received in stock options, $12,056,262 was. 83% CEO Approval. Compensation and Benefits. Suffolk County, New York has a vibrant history, illustrated in our important Native American and Revolutionary-era historical sites as well as the lab where DNA was discovered. When expanded it provides a list of search options that will switch the search inputs to match the current. We all know Energy Transition is driving Industry Transformation, and… | 20 comments on LinkedIn Baker Hughes Chairman and CEO Lorenzo Simonelli opening the Annual Meeting 2023. CEO Council Members. E. com 1,944 104 Comments Like Comment. sustainability and affordability,” says Lorenzo Simonelli, Chairman and CEO of Baker Hughes. Methane and…Natural gas and LNG play a key role in solving the energy ‘tri-lemma’: Baker Hughes CEO Simonelli. 4M in salary and $309. 9M of change in pension value and nonqualified deferred compensation earnings, $2. Diversity and Inclusion. There are 9 executives at CNH Industrial NV getting paid more, with Hubertus Muhlhauser having the highest compensation of $9,442,830. Buese brings more than 30 years of financial and leadership experience to the role, previously serving as EVP & CFO of. 33 years. Lorenzo Simonelli took on his first global leadership role in 2008 working for General Electric’s transportation division in the US. He anticipates between 65 million and 115. On the other hand, I suddenly feel much less guilt about the fact that I earn a 6 figure salary (~130K USD after a 3. 45% of Simonelli's compensation, or $6. Dear Lorenzo:. "Barclays CEO Energy-Power Conference - Lorenzo Simonelli September 6, 2022 Looking at the broader energy markets, there are structural changes occurring within the industry and Baker Hughes is well positioned to capitalize on these unfolding tailwinds. Even so, Baker Hughes CEO Lorenzo Simonelli admitted that speaking out on social issues remains a challenge for business leaders. Salary money month money money. As economic reports predict acceleration in growth, the sustainability of this growth is becoming an increasingly pressing issue. Ratings by category. Lorenzo Simonelli, Baker Hughes CEO, says hydrocarbons play a critical role” and will do for “decades going forward. Glassdoor has 5,069 Baker Hughes reviews submitted anonymously by Baker Hughes employees. What is the salary of Lorenzo Simonelli? As the Chairman of the Board, President, and Chief Executive Officer of Baker Hughes, the total compensation of Lorenzo Simonelli at Baker Hughes is $14,922,600. 60% of Simonelli's compensation, or $9. Transitioning to a low carbon energy system is essential to achieving net zero. Baker Hughes reported that through year-end 2019 its Scope 1 and 2 carbon equivalent emissions were 31% lower than its 2012 baseline. ' Toyota has an important warning for electric vehicle enthusiasts These 16 lawmakers did not vote. “Efficiency is the unsung hero of reducing global emissions,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes Co. It is great to be back for this year’s Barclays Energy conference. 6. Jud Bailey - Vice President, Investor Relations. 6 billion in new. We would like to show you a description here but the site won’t allow us. HOUSTON, March 07, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, and HIF Global, the world’s leading eFuels company, announced Tuesday their agreement to cooperate on the development of technology to capture carbon dioxide directly from the atmosphere (“CO 2 Direct Air Capture” or “DAC”). Chairman & CEO at Baker Hughes 3w Report this post Report Report. Their term of office will expire at the annual General Meeting of the Company to be held in 2024. New Baker Hughes a GE company CEO Lorenzo Simonelli speaks during a meeting at the company's office in north Houston, Wednesday, July 5, 2017. Baker Hughes Chairman & CEO Lorenzo Simonelli gives his outlook for the year. Our strategic transformation in 2022 highlights sustainability as one of our core differentiators. com #unison #jobs #mumbai #visualmerchandiser #head #fashion. World Government Summit 2023. (NYSE: BKR) are looking to its oil field services business for short-term growth — and its. Connect Tarek Rizk President Middle East & North Africa at SLB Dubai, United Arab Emirates. He made $14. Lorenzo Simonelli. Chairman & CEO at Baker Hughes 1y Report this post Report Report. Click to read our Chairman and CEO Lorenzo Simonelli's annual end-of-year message. Chairman & CEO at Baker Hughes 3y. Salary and Compensation Internships Employee Benefits See All. Lorenzo Simonelli, CEO of Baker Hughes, Best CEOs of 2021 | Industry EraWhat is the salary of Lorenzo Simonelli? As the Chairman of the Board, President und Chief Executive Officer of Baker Hughes, the total compensation of Lorenzo Simonelli at Baker Hughes is $14,922,600. Salary is. Lorenzo Simonelli. . CEO Lorenzo Simonelli Mark Mulligan/Staff Photographer. … | Learn more about Lorenzo. 67 % 67% Positive Business Outlook. Baker Hughes CEO Lorenzo Simonelli made $1. 0% in 2024: report 2. Chairman & CEO at Baker Hughes 1mo Report this post Report Report. The salary of any large companies changes each year. Baker Hughes stock has lost two-fifths of its. Baker Hughes reviews. Looking forward, Lorenzo Simonelli, Baker Hughes chairman and chief executive officer commented, "We were pleased with our first quarter results and remain optimistic on the outlook for 2023. Lorenzo Simonelli, Chief Executive Officer, received $16M in total, which increased by 26% compared to 2017. And digital can play a key role in driving that efficiency,” Baker Hughes Chairman and CEO Lorenzo Simonelli said. 2 billion to a $2. 7 billion loss, according to. There are no executives at Baker Hughes getting paid more. Lorenzo Simonelli . Lorenzo Simonelli, Chairman and CEO,. 83% approve of CEO. Baker Hughes CEO Lorenzo Simonelli said during the Q4 earnings call the global economy is expected to face challenges in 2023. 73 Ratings. The most common ethnicity at The Baker Company is White (62%). Connect Abdellah Merad EVP Core Services and Equipment. Lorenzo Simonelli Ge. La energía se está expandiendo más allá del petróleo y el gas, y nosotros también. The Baker Company is ranked #79 on the Best Companies to Work For in Maine list. Baker Hughes stock has lost two-fifths of its market value so far this year. 0. Lorenzo Simonelli Lorenzo Simonelli is an Influencer. Chairman & CEO at Baker Hughes 1w. Ms. What people are saying about Baker Hughes. productive and fun workplace. 35% of employees earn a salary of $60k-100k a. Overview. Jud Bailey - Vice President of Investor Relations. Lorenzo Simonelli Lorenzo Simonelli is an Influencer. 2 billion to a $2. CERAWeek fosters a culture of idea exchange, learning and relationship-building between industry, government and society to address the global. 2M in option awards, $1. Baker Hughes Company (NASDAQ:NASDAQ:BKR) Q3 2019 Earnings Conference Call October 30, 2019 9:00 AM ETCompany ParticipantsJudson Bailey - VP, IRLorenzo Simonelli - Chairman, President &. Yesterday, Lorenzo Simonelli and H. Chairman & CEO at Baker Hughes 3w Report this post Report Report. 9 million dollars as of 8 August 2023. Check our Chairman & CEO Lorenzo Simonelli's interview with World Oil—talking about the year ahead for BHGE and the oil and gas industry. 7, 2021 in Houston, TX. 34 Ratings. Lorenzo Simonelli knows how to lead and transform businesses in times of uncertainty and change. 92 million in 2019, and $15. Lorenzo Simonelli. 2K of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $2. What is the salary of Lorenzo Simonelli? As the Chairman of the Board, President, and Chief Executive Officer of Baker Hughes, the total compensation of Lorenzo Simonelli at Baker Hughes is $14,922,600. HOUSTON and LONDON, Oct. 15,000 to Rs. View open jobs at this location. In 2005-2007, Lorenzo Simonelli worked as a Food Science teacher at Iowa State University in Ames, Iowa. What are the technologies and priorities in focus for COP27 in Egypt later this year? This week, I spoke at the U. CEO Approval. Lorenzo Simonelli will be presenting at the Barclays CEO Energy-Power Conference today at 12:40 PM ET. Executive Summary. 7. There are no executives at Baker Hughes getting paid more. ATCE is one of the most important conferences…Start Time: 09:30 January 1, 0000 10:30 AM ETBaker Hughes, a GE company (BHGE)Q4 2017 Earnings Conference CallJanuary 24, 2018, 09:30 AM ETExecutivesLorenzo Simonelli - Chairman and. 7M, was in stock awards. Read his evolution as a leader here: bit. Demand for accountants is growing, but interest in the profession is diminishing: report 3. Thanks Lorenzo Simonelli for the feedback and the engagement with the team during the visit. When expanded it provides a list of search options that will switch the search inputs to match the current. . Type: Subsidiary or Business Segment. 9 million dollars as of 8 August 2023. The energy transition faces an unprecedented situation with mounting pressure to develop a clean, reliable, affordable, and secure global energy. 7 billion loss, according to. 5 Ratings. Headquarters. Your salary and benefits. We also delivered solid operating results at the high end of our guidance in both business segments, booked almost $300 million of New Energy orders and generated approximately $200 million of free cash flow,” said Lorenzo Simonelli, Baker Hughes chairman and chief executive officer. ' 02:56. directly owns 0. Lorenzo Simonelli Lorenzo Simonelli is an Influencer. As of 2021, the Baker Hughes CEO’s net worth was estimated to range between 50-60 million USD. Chairman & CEO at Baker Hughes. Salary and Compensation Internships Employee Benefits. Chairman & CEO at Baker Hughes 4y. Salary - upto 45 LPA Location- Mumbai Candidates can get in touch with me on 7002733346 or email- princhi. Simonelli owns over 64,725 units of Baker Hughes Co stock worth over 17,578,285$ and over the last 6 years he sold BKR stock worth over 7,456,170$. 09M, comprised of 9. 2017 2018 2019 0 4M 8M 12M 16M. total yearly compensation is $16. 7, 2021 in Houston, TX. 9M of change in pension value and nonqualified deferred compensation earnings, $2. Baker Hughes Company (NASDAQ:BKR) Q2 2021 Earnings Conference Call July 21, 2021 8:30 AM ETCompany Participants. The company saw $7. ) NEW YORK—Hopes are high on the ability of carbon capture, hydrogen and. Thu, 06/23/2022 - 04:00 AM. Thu, 06/23/2022 - 04:00 AM. 77 % 77% Recommend to a friend. Salary and Compensation Internships Employee Benefits. Some old staff speak English terribly. The donation is part of the Charleston CFO Council. We would like to show you a description here but the site won’t allow us. Lorenzo Simonelli - Chairman and CEO. $15M. I just wanted to maybe close out, so we're 100 days into this terrific new business that we've. 1w. Simonelli also received $1. Salary and Compensation Internships Employee Benefits. Baker Hughes is an energy technology company that combines innovation, expertise and scale to provide solutions for energy and industrial customers worldwide. Neil Saunders - President & CEO, Oilfield Equipment, Jeff Fleece - CIO, and Rami Qasem - President and CEO, Measurement & Controls report to Lorenzo Simonelli. Lorenzo Simonelli, Chief Executive Officer, received $15M in total, which decreased by 6% compared to 2018. The financial crisis hit shortly after he joined and he helped steer the. . Lorenzo Simonelli, Chairman and CEO of Baker Hughes. Baker Hughes's Chairman and Chief Executive Officer is Lorenzo Simonelli. The estimated Net Worth of Lorenzo Simonelli is at least $47. V. 2 Million dollars as of 31 May 2022. This is a special event for me, and it is the first time we are physically holding it since 2020. 3. There are no executives at Baker Hughes getting paid more. On 30th - 31st January 2023, Baker Hughes held its annual forum hosting energy and industry thought leaders from around the globe in Florence, Italy. See the full leadership team at Craft. 7M, was in stock awards. Share. Jud Bailey - IR. Baker Hughes Kuala Lumpur (Malaysia) Reviews. Mr. “Efficiency is the unsung hero of the energy transition. Our members lead companies that collectively employ more than 14. 24 Locations. 3 Milion dollars as of 31 May 2022. ” David A. Lorenzo Simonelli è Presidente e CEO di Baker Hughes (NASDAQ:BKR). CNBC's Brian Sullivan talks to Baker Hughes CEO Lorenzo Simonelli about the global energy markets on 'Closing Bell: Overtime. I thought to myself, ‘There are not many places where you would go to dinner with senior executives, and it would be 75% female and 25% male. Chairman & CEO at Baker Hughes 1w Report this post Report Report. Overview 2019 2018 2017. Total Compensation for Fiscal Year Ending in 2022: $16,091,588. Climate Action caught up with Lorenzo Simonelli, Chairman and CEO at Baker Hughes, to discuss the most promising opportunities facing the energy sector. Simonelli was named Chairman of the Board in October 2017 and has been President and CEO since the. I had the opportunity to speak at #MEOS2019 yesterday on resilience for the future. 8 Milion dollars as of 8 August 2023. (Source: Hart Energy, Baker Hughes Co. Lorenzo Simonelli. He is the Chairman, President and CEO of Baker Hughes, to GE company (BHGE), t. 47% of The Baker Company employees are women, while 53% are men. Cons. Revenue: Unknown / Non-Applicable. Lorenzo Simonelli is Chairman/President/CEO at Baker Hughes Co. About Lorenzo Simonelli's Current Company. The salary of any large companies changes each year. Chairman & CEO at Baker Hughes 1mo Edited Report this post. Lorenzo Simonelli, GE Transportation's CEO since 2008, saw his taxes go from $14k in 2011 to $22k in 2012 -- for a mid-level condo. 0. Salary and Compensation Internships Employee Benefits. Baker Hughes, BHGE, digitalisation, GE,. China is critical to ensure this balance while. “Baker Hughes is committed to supporting Saudi Vision 2030 and Aramco’s iktva program.