Lorenzo Simonelli
Chairman, President & Chief Executive Officer
Executive
6 reports
Baker Hughes Company ·BKR
Energy · Fortune #155 · Divisional structure · 57K employees · Houston, TX
Sourced from Baker Hughes Company DEF 14A · filed 2026-03-30 ↗ View on SEC
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Download the CSV data insteadTwo global P&L divisions report directly to the CEO. This page maps Baker Hughes’ divisional structure, executive team, and governance, highlighting how IET and OFSE anchor strategy, recent leadership changes, and peer comparisons across the energy services sector.
What to model
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Resigned effective October 24, 2025.
Source · See change logThe people
7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Chairman, President & Chief Executive Officer
Executive
6 reports
Chief Growth & Experience Officer; EVP Industrial & Energy Technology (Interim)
Growth / IET
0 reports
Executive Vice President, Oilfield Services & Equipment
OFSE
0 reports
Chief Financial Officer
Finance
0 reports
Chief Legal Officer
Legal
0 reports
Chief Human Resources Officer
Human Resources
0 reports
Vice President, Chief Compliance Officer & Corporate Secretary
Compliance
0 reports
The pay
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
The businesses
3 divisions report into the group CEO. Tile size scales with estimated headcount.
25K employees
EVP IET (Maria Claudia Borras)
Provides industrial, power, LNG, and new energy technologies with strong order growth.
22K employees
EVP OFSE (Amerino Gatti)
Delivers drilling, evaluation, production, and subsea services globally.
$14.3B rev 18.3% margin -8% YoY FY2025
10K employees
CEO (Lorenzo Simonelli)
Finance, legal, compliance, HR, and strategy functions supporting the divisions.
The thesis
Baker Hughes’ most distinctive feature is its clean divisional split: the two global P&L engines—Industrial & Energy Technology (IET) and Oilfield Services & Equipment (OFSE)—both report directly to the CEO.
This gives Lorenzo Simonelli unusually direct control over capital allocation and portfolio balance across legacy oilfield services and faster-growing industrial energy technologies.
The structure reinforces accountability at the segment level while keeping corporate functions lean. Growth, legal, finance, and compliance remain centralized, but commercial strategy and operational execution sit squarely within the two divisions. The interim combination of Growth and IET leadership under Maria Claudia Borras further tightens the link between portfolio strategy and execution during a transition period.
Compared with peers, Baker Hughes favors fewer layers and clear P&L ownership over matrix complexity, supporting faster strategic pivots such as the pending Chart Industries acquisition and continued portfolio optimization.
The comparison
Relative to peers like Schlumberger and Halliburton, Baker Hughes runs a more explicitly bifurcated divisional model, with fewer regional presidents reporting to the CEO. Unlike Siemens Energy or GE Vernova, it has not added a standalone Chief Technology or AI Officer at the C-suite level, keeping innovation embedded …
Current signals
The most consequential change was the IET leadership transition, with Maria Claudia Borras stepping in as interim EVP after Ganesh Ramaswamy’s October 2025 departure.
Assumed interim IET leadership effective October 24, 2025.
SourceYear-over-year executive structure based on SEC proxy and annual filings.
IET leadership held on an interim basis following EVP resignation.
Stable divisional structure with permanent IET leadership.
The key change was the IET leadership transition following the EVP’s resignation.
Lorenzo Simonelli has served as Chairman, President, and CEO since July 2017.
Baker Hughes uses a divisional structure anchored by IET and OFSE.
The CEO currently has six direct executive reports.
In late 2025, the EVP of IET departed and Maria Claudia Borras assumed the role on an interim basis.
No, Baker Hughes does not have a standalone COO; operational responsibility sits with divisional EVPs.
Reference
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
Creately. (2026). Baker Hughes Company organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/baker-hughes/"Baker Hughes Company Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/baker-hughes/. Accessed .Creately. "Baker Hughes Company Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/baker-hughes/.Baker Hughes Company. DEF 14A. Filed 2026-03-30. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1701605/000119312526130309/d939028ddef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/baker-hughes/ · last updated 2026-04-01