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Form 8-K · Current Report · Filed 2025-03-31

Baker Hughes Announces Director Departure and Election of New Director

On March 28, 2025, Baker Hughes Company announced that Lynn L.

Filer
Baker Hughes Company BKR · NASDAQ
Filed
Accession
0001193125-25-067691
CIK
0001701605
Signal
Medium impactEnergy

Details

Elsenhans will not stand for re-election at the 2025 Annual Meeting. Elsenhans, who has served on the Board since 2019, will continue in her roles until the meeting. The Board also elected Ilham Kadri as a new director, effective May 1, 2025, expanding the Board size to eleven members. Kadri, the current CEO of Syensqo S.A., will serve on the Audit and Human Capital and Compensation Committees.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Departure Board Member Appointed
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$43.08

Next session

+4.0%

Since filing

+40.4%

Latest close

$60.49

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from BKR reporting the same item, with the next session's move:

About Baker Hughes Company

Baker Hughes Company is a global energy technology provider that plays a critical role in the oil and gas sector. The company's primary function is to deliver integrated oilfield products, services, and digital solutions that optimize the development and management of hydrocarbon resources. With a comprehensive portfolio that includes drilling services, completion technologies, and innovative carbon reduction strategies, Baker Hughes serves a diverse range of clients, including oil and gas companies, both onshore and offshore. The company is also at the forefront of advancing cleaner energy technologies, emphasizing innovation in energy efficiency and emission reduction. Founded in 1907 and headquartered in Houston, Texas, Baker Hughes is a pivotal player in the energy market, influencing technology-driven transformations and operational efficiencies throughout the industry. Its integration of advanced data analytics and digital solutions showcases its commitment to enhancing the performance and sustainability of energy production worldwide.

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