Baker Hughes Co CEO Lorenzo Simonelli's 2018 pay jumps 26% to $16M
Baker Hughes Co reports 2018 executive compensation
By ExecPay News
Published: March 25, 2019
Baker Hughes Co reported fiscal year 2018 executive compensation information on March 25, 2019.
In 2018, five executives at Baker Hughes Co received on average a compensation package of $7.5M, a 37% decrease compared to previous year.
Average pay of disclosed executives at Baker Hughes Co
Lorenzo Simonelli, Chief Executive Officer, received $16M in total, which increased by 26% compared to 2017. 60% of Simonelli's compensation, or $9.6M, was in stock awards. Simonelli also received $369K 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, as well as $309K in other compensation.
Brian Worrell, Chief Financial Officer, received a compensation package of $7.3M, which increased by 26% compared to previous year. 57% of the compensation package, or $4.1M, was in stock awards.
Maria Claudia Borras, Chief Executive Officer, earned $5.7M in 2018.
Derek Mathieson, Chief Marketing & Technology Officer, received $4.4M in 2018, which decreases by 32% compared to 2017.
Roderick Christie, Chief Executive Officer, earned $4.3M in 2018.
Related executives
You may also like
Source: SEC filing on March 25, 2019.