leadership
confidence high
sentiment neutral
materiality 0.50
Baker Hughes EVP Uwem Ukpong to depart Jan. 31; receives $780K separation payment
Baker Hughes Co
- Uwem Ukpong, EVP Regions, Alliances and Enterprise Sales, to depart effective Jan. 31, 2022.
- Separation agreement includes $780,000 payment, less withholdings, contingent on release and transition services.
- Ukpong will provide up to 20 hours/month of transition/consulting for 90 days after departure.
- No severance under Executive Severance Program; existing long-term incentives governed by award agreements.
- Confidentiality, non-compete, and non-solicitation obligations remain in effect for specified periods.