Baker Hughes appoints Nancy Buese as CFO effective Nov 2, 2022

Baker Hughes Co

Nancy Buese succeeds Brian Worrell, who becomes Advisor through Q2 2023.
Buese previously served as EVP & CFO of Newmont Corporation and MarkWest Energy Partners.
Initial annual salary of $900,000; target bonus 100% of base salary from 2023.
Annual long-term incentive target of $3,500,000 and sign-on RSU award of $5,000,000 (3-year ratable vest).
$2,000,000 cash sign-on subject to full repayment if Buese resigns within 18 months.

item 5.02 item 9.01

Executive movements

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Role change

Brian Worrell

Chief Financial Officer

BKR · Baker Hughes Co

Effective: 2022-11-02
Successor: Nancy Buese
Filed: October 19, 2022, 7:59 PM ET

Ms. Buese will succeed Brian Worrell who will be transitioning out of his current role of Chief Financial Officer effective November 2, 2022 and will serve as Advisor of the Company through Q2 2023.

Appointed

Nancy Buese

Chief Financial Officer

BKR · Baker Hughes Co

Effective: 2022-11-02
Filed: October 19, 2022, 7:59 PM ET

On October 19, 2022, Baker Hughes Company (the “Company”) announced that effective November 2, 2022, Nancy Buese has been appointed Chief Financial Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian Worrell changed role as Chief Financial Officer at Baker Hughes Co.

Action: transitioning out
Role: Chief Financial Officer

Exact text from the filing

Ms. Buese will succeed Brian Worrell who will be transitioning out of his current role of Chief Financial Officer effective November 2, 2022 and will serve as Advisor of the Company through Q2 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nancy Buese was appointed as Chief Financial Officer at Baker Hughes Co.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On October 19, 2022, Baker Hughes Company (the “Company”) announced that effective November 2, 2022, Nancy Buese has been appointed Chief Financial Officer of the Company.

View on SEC.gov

Baker Hughes Co filing history →

Source: SEC EDGAR

accession 0001701605-22-000147

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