Companies claim they must hire overseas workers because that's where their business is. The data says otherwise: Baker Hughes Co generates 2% of its $15.6B revenue from Americas, yet continues to file H-1B petitions that displace American workers.
Base salary $1,710,000 • Stock awards $13,310,819. The CEO's pay package is funded by the same company that claims it cannot find qualified American workers for its open positions.
Revenue earned in the United States contradicts the claim that H-1B workers are needed because “that’s where the business is.” Source: SEC EDGAR 10-K, FY2026.
| Executive | Title | Base Salary | Stock Awards | Total Comp |
|---|---|---|---|---|
| Lorenzo Simonelli | Chairman, President and CEO | $1,710,000 | $13,310,819 | $21,363,825 |
| Nancy Buese | Former Executive Vice President and Chief Financial Officer | $612,637 | $4,221,924 | $6,078,445 |
| Amerino Gatti | Executive Vice President–OFSE | $900,000 | $2,591,564 | $4,652,846 |
| Ganesh Ramaswamy | Former Executive Vice President–IET | $791,538 | $3,109,951 | $4,257,647 |
| Maria Claudia Borras | Chief Growth & Experience Officer & EVP–IET Interim | $970,000 | $3,109,951 | $6,008,613 |
| Ahmed Moghal | Chief Financial Officer | $743,036 | $3,128,458 | $5,241,565 |
| Georgia Magno | Chief Legal Officer | $669,231 | $1,554,976 | $3,359,741 |
SCT = Summary Compensation Table totals from SEC EDGAR DEF 14A proxy statement.
| Director | Role | Age | Independent | Since | Tenure | Annual Pay | Committees |
|---|---|---|---|---|---|---|---|
| Abdulaziz M. Al Gudaimi | Former Executive Vice President | 63 | Yes | N/A | N/A | N/A | Human Capital and Compensation, Audit, GCR |
| Cynthia B. Carroll | Former Chief Executive Officer | 69 | Yes | N/A | N/A | N/A | Human Capital and Compensation, Audit, AC |
| Gregory D. Brenneman | Executive Chairman | 64 | Yes | N/A | N/A | N/A | Governance & Corporate Responsibility, Finance, GCR |
| John G. Rice | Former Chairman | 69 | Yes | N/A | N/A | N/A | Governance & Corporate Responsibility, Human Capital and Compensation, AC |
| Lorenzo Simonelli | Chairman, President and CEO | 52 | No | N/A | N/A | N/A | |
| Shirley A. Edwards | Former Partner | 65 | Yes | N/A | N/A | N/A | Human Capital and Compensation, Audit, GCR |
Source: SEC EDGAR DEF 14A proxy statement via sec-api.io.
Search all Baker Hughes Co H-1B Labor Condition Applications filed with the U.S. Dept. of Labor.
🔍 Search H-1B Records for Baker Hughes CoSource: U.S. Dept. of Labor OFLC disclosure data. LCA filing does not guarantee a visa was issued.
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