secwatch.observer — SEC 8-K summary
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Issuer:     Baker Hughes Co (BKR)
CIK:        0001701605
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001193125-25-032863
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Baker Hughes appoints Ahmed Moghal as CFO; reaffirms 2025 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701605/000119312525032863/0001193125-25-032863-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701605/000119312525032863/d889260d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-032863

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