Baker Hughes (BKR) executive compensation, 2026 proxy

Lorenzo Simonelli, Chairman, President and CEO, was paid $21.4M in 2025, up 7% from $19.9M the year before. The CEO-to-median-employee pay ratio was 310:1, on median employee pay of $68,720.

Filed
March 30, 2026
Annual meeting
May 19, 2026
Pay year
2025
Named executives
7
CEO total pay
$21.4M+7% vs prior year
CEO to median employee
310:1median $68,720
CEO pay in equity
62%$13.3M in awards
Prior say-on-pay support
93%of votes cast
CEO Total Compensation
$21.4M2025 total compensation
CEO Pay Ratio
310:1Ratio to median employee
Median Employee Pay
$68,720Annual total compensation

How Simonelli was paid

$21.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary8%Stock awards62%Non-equity incentive17%Pension and deferred comp4%All other compensation9%

Named executive officers

ExecutiveTotal
Lorenzo SimonelliChairman, President and CEO$21,363,825
Ahmed MoghalChief Financial Officer$5,241,565
Maria Claudia BorrasChief Growth & Experience Officer & EVP–IET (Interim)$6,008,613
Amerino GattiExecutive Vice President–OFSE$4,652,846
Georgia MagnoChief Legal Officer$3,359,741
Nancy BueseFormer Executive Vice President and Chief Financial Officer$6,078,445
Ganesh RamaswamyFormer Executive Vice President–IET$4,257,647

What changed and why

  • $21.4MCEO total compensation increased to $21,363,825 in fiscal year 2025 from $19,897,221 in the prior year.
  • $29.6BThe company achieved record orders of $29.6 billion and revenue of $27.7 billion in 2025.
  • $4.83BAdjusted EBITDA reached approximately $4.83 billion for the fiscal year.
  • 92.9%Shareholders approved the prior executive compensation program with 92.9% support.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.