Lorenzo Simonelli compensation by year
Baker Hughes Summary Compensation Table · all 9 fiscal years held| Component | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| Salary | $700,000 | $1,400,000 | $1,437,500 | $1,475,000 | $1,494,231 | $1,542,308 | $1,589,230 | $1,645,000 | $1,710,000 |
| Bonus | $0 | $0 | $0 | — | — | $0 | $0 | $0 | — |
| Stock awards | $6,480,880 | $9,631,365 | $6,695,154 | $9,807,294 | $10,856,292 | $12,056,262 | $12,588,972 | $12,425,422 | $13,310,819 |
| Option awards | $4,499,991 | $2,249,996 | $2,249,999 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $607,124 | $2,000,000 | $2,212,500 | $1,327,500 | $2,722,125 | $1,632,800 | $6,328,847 | $4,583,200 | $3,557,706 |
| Pension and deferred compensation | $204,895 | $369,247 | $1,867,854 | $2,119,972 | $0 | $0 | $992,907 | $-171,000 | $911,327 |
| All other | $156,076 | $309,153 | $459,614 | $583,255 | $573,804 | $860,218 | $686,207 | $1,414,598 | $1,873,973 |
| Total | $12,648,966 | $15,959,761 | $14,922,621 | $15,313,021 | $15,646,452 | $16,091,588 | $22,186,164 | $19,897,221 | $21,363,825 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Baker Hughes Co DEF 14A filed March 30, 2026, accession 0001193125-26-130309, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Baker Hughes Co filed document, accession 0001193125-26-130309. Every figure is read from that document and cited to the page and table it appears in. Filed March 30, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 459,826 | $20,940,476 | — |
| PSU | 251,484 | $11,452,581 | — |
| PSU | 171,524 | $7,811,203 | — |
| RSU | 114,349 | $5,207,453 | — |
| RSU | 111,771 | $5,090,051 | — |
| RSU | 50,857 | $2,316,028 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Baker Hughes Co's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments Baker Hughes discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Change in control, no termination | $0 | $0 | $0 | $0 |
| Involuntary termination without cause | $9,499,800 | $12,820,598 | $3,231 | $25,955,178 |
| Retirement | $0 | $0 | $0 | $0 |
| Involuntary for cause | $0 | $0 | $0 | $0 |
| Change in control and involuntary termination | $12,031,250 | $31,877,317 | $32,310 | $48,507,692 |
| Disability | — | $18,858,660 | $0 | $22,689,666 |
| Death | — | $31,877,317 | $0 | $35,971,326 |
Per the Potential Payments Upon Termination or Change in Control table in Baker Hughes Co's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
Baker Hughes’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Lorenzo Simonelli · this page | Chairman, President and CEO | $21,363,825 |
| Nancy Buese | Former Executive Vice President and Chief Financial Officer | $6,078,445 |
| Maria Claudia Borras | Chief Growth & Experience Officer & EVP–IET (Interim) | $6,008,613 |
| Ahmed Moghal | Chief Financial Officer | $5,241,565 |
| Amerino Gatti | Executive Vice President–OFSE | $4,652,846 |
| Ganesh Ramaswamy | Former Executive Vice President–IET | $4,257,647 |
| Georgia Magno | Chief Legal Officer | $3,359,741 |
Board service
Baker Hughes board · FY2021–FY2025How this board is paid
Company policy: Baker Hughes pays directors a $125,000 cash retainer and $180,000 in equity. As stated in Baker Hughes's FY2025 proxy.
The full Baker Hughes compensation record
free company briefThis page is one person within Baker Hughes's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Baker Hughes proxy · each links to its own free briefCompensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Baker Hughes's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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