---
schema_version: "secwatch.filing_event.v1"
accession: "0001701605-22-000147"
form_type: "8-K"
ticker: "BKR"
cik: "0001701605"
company_name: "Baker Hughes Co"
filed_at: "2022-10-19T23:59:59+00:00"
generated_at: "2026-06-23T02:42:35.311313+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001701605-22-000147
- form_type: 8-K
- ticker: BKR
- cik: 0001701605
- company_name: Baker Hughes Co
- filed_at: 2022-10-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701605/000170160522000147/0001701605-22-000147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/808362/000170160522000147/bkr-20221014.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001701605-22-000147
- JSON: https://secwatch.observer/filing/0001701605-22-000147.json
- Plain text: https://secwatch.observer/filing/0001701605-22-000147.txt

## Key facts
- Executive change
  Brian Worrell changed role as Chief Financial Officer at Baker Hughes Co.
  - Action: transitioning out
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701605/000170160522000147/0001701605-22-000147-index.htm
- Executive change
  Nancy Buese was appointed as Chief Financial Officer at Baker Hughes Co.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701605/000170160522000147/0001701605-22-000147-index.htm

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