Lorenzo Simonelli Salary and Compensation - Baker Hughes Co CEO Pay 2024

In fiscal year 2024, Lorenzo Simonelli, Chairman, President, and Chief Executive Officer of Baker Hughes Co (BKR), received total compensation of $24.1 million.

Lorenzo Simonelli's compensation breakdown includes: base salary of $1.2 million, bonus of $1.8 million, stock awards valued at $8.5 million, option awards of $7.9 million, non-equity incentive compensation of $4.3 million, and other compensation of $377K.

Compared to fiscal year 2023, Lorenzo Simonelli's total compensation decreased 5% from $25.5 million to $24.1 million.

Baker Hughes Co (BKR) Executive Pay 2024

Baker Hughes Co's top 9 named executive officers received combined total compensation of $69.8 million in fiscal year 2024.

The named executive officers disclosed in Baker Hughes Co's 2024 proxy statement are:Lorenzo Simonelli (Chairman, President, and Chief Executive Officer) with total compensation of $24.1 million, Amy C. Buese (Executive Vice President, Chief Financial Officer) with total compensation of $8.3 million, Maria Claudia Borras (Executive Vice President, Industrial & Energy Technology) with total compensation of $7.2 million, Rizwan Ramaswamy (Executive Vice President, Strategy and Business Development) with total compensation of $6.1 million, Kathleen M. McShane (Executive Vice President, General Counsel and Corporate Secretary) with total compensation of $5.3 million, Mark P. Davis (Executive Vice President, Baker Hughes Oilfield Services) with total compensation of $5.2 million, Jeffrey S. Walker (Executive Vice President, Baker Hughes Industrial Services) with total compensation of $4.8 million, Anil K. Mathur (Executive Vice President, Baker Hughes Energy Services) with total compensation of $4.8 million, and David P. Huber (Executive Vice President, Chief Accounting Officer) with total compensation of $4.0 million.