The estimated Net Worth of Lorenzo Simonelli is at least $55.9 Million dollars as of 8 August 2024. Mr. Simonelli owns over 114,286 units of Baker Hughes Co stock worth over $16,532,605 and over the last 7 years he sold BKR stock worth over $24,472,430. In addition, he makes $14,922,600 as Chairman of the Board, President, and Chief Executive Officer at Baker Hughes Co.
Lorenzo has made over 25 trades of the Baker Hughes Co stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 114,286 units of BKR stock worth $4,000,010 on 8 August 2024.
The largest trade he's ever made was selling 122,500 units of Baker Hughes Co stock on 8 August 2023 worth over $4,263,000. On average, Lorenzo trades about 46,904 units every 73 days since 2017. As of 8 August 2024 he still owns at least 502,053 units of Baker Hughes Co stock.
You can see the complete history of Mr. Simonelli stock trades at the bottom of the page.
Lorenzo Simonelli serves as Chairman of the Board, President, Chief Executive Officer of the Company. Lorenzo Simonelli has been the Chairman of the Board of Directors of the Company since October 2017, and a Director, President and Chief Executive Officer of the Company since July 2017. Before joining the Company in July 2017, Mr. Simonelli was Senior Vice President, GE and President and Chief Executive Officer, GE Oil & Gas from October 2013 to July 2017. Before joining GE Oil & Gas, he was the President and Chief Executive Officer of GE Transportation from July 2008 to October 2013. Mr. Simonelli joined GE in 1994 and held various finance and leadership roles from 1994 to 2008.
As the Chairman of the Board, President, and Chief Executive Officer of Baker Hughes Co, the total compensation of Lorenzo Simonelli at Baker Hughes Co is $14,922,600. There are no executives at Baker Hughes Co getting paid more.
Lorenzo Simonelli is 47, he's been the Chairman of the Board, President, and Chief Executive Officer of Baker Hughes Co since 2017. There are 20 older and 3 younger executives at Baker Hughes Co. The oldest executive at Baker Hughes Co is Clarence Cazalot, 69, who is the Independent Director.
Lorenzo's mailing address filed with the SEC is 575 NORTH DAIRY ASHFORD ROAD, SUITE 100, , HOUSTON, TX, 77079-1121.
Over the last 5 years, insiders at Baker Hughes Co have traded over $4,655,105,208 worth of Baker Hughes Co stock and bought 119,897 units worth $1,981,981 . The most active insiders traders include Electric Co General, Clarence P Jr Cazalot, and Lorenzo Simonelli. On average, Baker Hughes Co executives and independent directors trade stock every 9 days with the average trade being worth of $149,746,738. The most recent stock trade was executed by Lorenzo Simonelli on 8 August 2024, trading 114,286 units of BKR stock currently worth $4,000,010.
baker hughes incorporated (nyse: bhi) provides reliable, practical solutions when and where our customers need them to lower costs, reduce risk and improve productivity. from the reservoir to the refinery we create value with high-performance products and services to analyze, drill, evaluate, complete and produce oil and gas reserves and then transport and refine the hydrocarbons. for over a century, innovation has been part of our dna. baker hughes was formed in 1986 with the merger of baker international and hughes tool company—both founded over 100 years ago when r.c. baker and howard hughes conceived ground-breaking inventions that revolutionized the fledgling petroleum era. since those earliest advancements, we’ve never stopped searching for solutions to conquer the next frontier. collaboration is at the heart of our business. with 49,000 employees in more than 80 countries, our local geomarket teams work side by side with customers to engineer reliable, practical solutions—wh
Baker Hughes Co executives and other stock owners filed with the SEC include: