---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-032863"
form_type: "8-K"
ticker: "BKR"
cik: "0001701605"
company_name: "Baker Hughes Co"
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T06:00:22.019562+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Baker Hughes appoints Ahmed Moghal as CFO; reaffirms 2025 guidance

## Summary
- Ahmed Moghal appointed EVP and CFO effective Feb 24, 2025; succeeds Nancy Buese as advisor until April 30.
- Moghal's base salary $750k, target bonus 100% of base, plus $2.155M top-up equity (50% RSUs, 50% PSUs).
- Reaffirms 2025 guidance: solid EBITDA growth, 20% OFSE margin in 2025, 20% IET margin in 2026, 60-80% FCF return.
- Buese's separation: lump sum equal to 12 months base salary, outplacement, prorated equity vesting, advisory fee $200k/month.
- Disclosure: Moghal's spouse received £1.183M in 2024 compensation and £1.3M separation payment due July 2025.

## SEC filing metadata
- accession: 0001193125-25-032863
- form_type: 8-K
- ticker: BKR
- cik: 0001701605
- company_name: Baker Hughes Co
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701605/000119312525032863/0001193125-25-032863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701605/000119312525032863/d889260d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-032863
- JSON: https://secwatch.observer/filing/0001193125-25-032863.json
- Plain text: https://secwatch.observer/filing/0001193125-25-032863.txt

## Key facts
- Executive change
  Ahmed Moghal was appointed as Executive Vice President and Chief Financial Officer at Baker Hughes Co.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: the Board of Directors (the “Board”) of Baker Hughes Company (the “Company”) announced the appointment of Ahmed Moghal as Executive Vice President and Chief Financial Officer of the Company, effective February 24, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701605/000119312525032863/0001193125-25-032863-index.htm
- Executive change
  Nancy Buese departed as Chief Financial Officer at Baker Hughes Co.
  - Action: ceased to serve
  - Role: Chief Financial Officer
  source text: Nancy Buese who, by mutual agreement with the Board, ceased to serve as Chief Financial Officer of the Company effective February 24, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701605/000119312525032863/0001193125-25-032863-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
