Lorenzo Simonelli
2018
In 2018, Lorenzo Simonelli earned a total compensation of $16M as Chairman, President & CEO at Baker Hughes Co, a 26% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $369,247 |
|---|---|
| Non-Equity Incentive Plan | $2,000,000 |
| Option Awards | $2,249,996 |
| Salary | $1,400,000 |
| Stock Awards | $9,631,365 |
| Other | $309,153 |
| Total | $15,959,761 |
Simonelli received $9.6M in stock awards, accounting for 60% of the total pay in 2018.
Simonelli also received $369.2K of change in pension value and nonqualified deferred compensation earnings, $2M in non-equity incentive plan, $2.2M in option awards, $1.4M in salary and $309.2K in other compensation.
Rankings
In 2018, Lorenzo Simonelli's compensation ranked 278th out of 14,244 executives tracked by ExecPay. In other words, Simonelli earned more than 98.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 278 out of 14,244 | 98th |
Division Manufacturing | 95 out of 5,758 | 98th |
Major group Industrial And Commercial Machinery And Computer Equipment | 12 out of 458 | 97th |
Industry group Construction, Mining, And Materials Handling | 2 out of 68 | 97th |
Industry Oil and Gas Field Machinery and Equipment | 1 out of 35 | 97th |
Source: SEC filing on March 25, 2019.
Simonelli's colleagues
We found four more compensation records of executives who worked with Lorenzo Simonelli at Baker Hughes Co in 2018.