BNET Industries

Baker Hughes Inc.

(BHI) is in the Manufacturing Industry

Market Cap:$11.3B
Last Fiscal Year Sales:$10.4B
  • Public
  • US
Dow Jones Description

Products & Services for the Oil, Gas, Mining & Processing Industries

Chief Executive OfficerChad C. Deaton
Number of Employees 39,800
Contact Information

2929 Allen Pkwy Ste 2100

Houston, Texas 77019

www.bakerhughes...

(713) 439-8600

NAICS Code Oil and Gas Field Machinery and Equipment Manufacturing: 333132

Recent Events

  • Baker Hughes, Shell Unveil New Real-Time Com...

    6/26/09 - Product Announcement - View Story

  • Baker Hughes, Shell Unveil New Real-Time Compaction Imaging System

    6/26/09 - Product Announcement - View Story

  • Wachovia Initiates Coverage on Baker Hughes BHI with a Market Perform

    6/18/09 - Bond / Stock Rating - View Story

  • Oil Services Cos Wait Patiently for Rebound

    6/17/09 - Financial Announcement - View Story

  • BRIEF-RESEARCH ALERT-Citigroup raises targets on US oil services & equipment cos

    5/27/09 - Bond / Stock Rating - View Story

  • Energy stocks retreat as Chesapeake misses mark

    5/05/09 - Bond / Stock Rating - View Story

  • Helix Reports First Quarter 2009 Results

    5/05/09 - Merger / Acquisition - View Story

  • BRIEF-Baker Hughes declares regular quarterly dividend

    4/23/09 - Stock Split / Dividend - View Story

  • Baker Hughes Announces First Quarter Results

    5/04/09 - Financial Announcement - View Story

  • Baker Hughes to organize global operations by geography - Quick Facts

    3/23/09 - Mgmt. Change Entering - Vice President - View Story

  • Baker Hughes Names Soucy Supply Chain VP; Will Report to New Sr. VP, COO

    3/13/09 - Mgmt. Change Entering - Vice President - View Story

  • Baker Hughes Appoints Arthur L. Soucy as Vice President Supply Chain

    3/18/09 - Mgmt. Change Entering - COO - View Story

  • Baker Hughes Names Martin Craighead SVP, COO

    3/03/09 - Mgmt. Change Leaving - President - View Story

  • Baker Hughes Names Soucy Vice President Supply Chain

    3/12/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

baker hughes inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Chad C. Deaton Chief Executive Officer
George Finley Chief Financial Officer
Jay G. Martin Chief Compliance Officer
Martin S. Craighead Senior Vice President & Chief Operating Officer
Peter Ragauss Chief Financial Officer and Senior Vice President
Russell J.Cancilla Chief Security Officer
Alan R. Crain Senior Vice President
Alan Crain Jr. Vice President
Alan J. Keifer Controller & Vice President
Charles S. Wolley President & Vice President, Centrilift
Chris P. Beaver President & Vice President, Baker Oil Tools
David E.Emerson Vice President, Corp Dev
David S. Emerson Vice President, Strategy & Business Development
Didier Charreton Vice President, Hr
Douglas C. Doty Treasurer & Vice President
Gary G. Rich President & Vice President, Hughes Christensen
John A. O'Donnell President & Vice President, Baker Petrolite
John H. Lohman Vice President, Tax
John J. O'Donnell Vice President
Richard Williams President & Vice President, Drilling Fluids
Steve Palmer Vice President, Business Dev & Integrated Operations
William P. Faubel Vice President, Enterprise Marketing
Steve Sidney Managing Director of Business Applications and Knowledge Management
Gary R. Flaharty Director, Ir
H.Gene Shiels Assistant Director, Ir
Halina Caravello Director, Health, Safety & Environ
William D. Marsh Director, Enterprise Risk Strategy & Deputy General Counsel
Baker Petrolite Marketing Manager
Gavin Sinclair Senior Region Counsel
Kamrul Islam Soheb Development Engineer
Renee Harter Administrative
Sandra E. Alford Corporate Secretary
J. Larry Nichols Director
James F. McCall Governance Committee Member

Board of Directors

Name (plus bio) Position
H. John Riley Jr. Compensation Committee Chairman
Anthony Fernandes Board Member
Charles L. Watson Board Director
Chuck Watson Board of Directors
Claire W. Gargalli Board Director
Clarence P. Cazalot Jr. Board of Directors
Edward P Djerejian Board Director
James A. Lash Board Director
Larry D. Brady Board Director
Pierre H. Jungels Board of Directors
Pierre H.Junels Board Director

Chad C. Deaton is Chairman, President and Chief Executive Officer of Baker Hughes Incorporated since he joined the company in October 2004. Before coming to Baker Hughes, he served as President, Director and Chief Executive Officer of Hanover Compressor Company from August 2002 until October 2004. He was with Schlumberger Oilfield Services for most of his career from 1976 until 2001, where he held positions in the United States and internationally. Mr. Deaton's last position with Schlumberger was Executive Vice President of Oilfield Services. He is a director of CARBO Ceramics, Inc. and Ariel Corporation. He is a member of the Society of Petroleum Engineers' Industrial Advisory Council. He is also active in numerous charitable and civic organizations, sitting on the Boards of Houston Achievement Place, Junior Achievement of Southeast Texas, and the Greater Houston Partnership. A native of Wyoming, Chad earned a BS in geology from the University of Wyoming.

Organization Position Status
Baker Hughes Incorporated Chief Executive Officer Current
Baker Hughes Incorporated Chairman of the Board Current
CARBO Ceramics, Inc. Board of Directors Current
Houston Achievement Place Board Member Current
Ariel Corporation Board Director Current
Greater Houston Partnership Board Member Current
Exterran Holdings, Inc. Chief Executive Officer Former
Exterran Holdings, Inc. President Former
Schlumberger Oilfield Services Executive Vice President of Oilfield Services Former
Exterran Holdings, Inc. Director Former
University of Wyoming BS Former

George Stephen Finley joined the Board of Ocean Rig ASA on June 28, 2006. He is the former Senior Vice President, Finance & Administration and Chief Financial Officer of Baker Hughes Inc. (1999 to 2006). Prior to joining Baker Hughes in 1982 he was employed by Navistar International Corporation, PricewaterhouseCoopers and Arthur Andersen. He is also a member of the Board of Trustees, the Contemporary Art Museum, Houston, Texas. Mr. Finley graduated with a BS in Accounting from Indiana State University, and is a Certified Public Accountant. He resides in Houston, Texas, USA. George Stephen Finley owns 2,500 shares and holds 100,000 options in Ocean Rig ASA.

Organization Position Status
Baker Hughes Incorporated Chief Financial Officer Current
Baker Hughes Incorporated Board of Directors Current
Ocean Rig Board Member Current
Baker Hughes Incorporated Senior Vice President, Finance & Administration Former
Navistar International Corporation Former

Jay Martin, joined Baker Hughes as vice president, chief compliance officer and senior deputy counsel on July 26, 2004. Prior to joining Baker Hughes, Mr. Martin was a shareholder at Winstead Sechrest & Minick P.C., partner at Phelps Dunbar and Andrews & Kurth and served as assistant general counsel of Mobil Oil Corporation's Worldwide Exploration and Production Division in Fairfax, Virginia. Mr. Martin has also served as general counsel of Mobil Natural Gas, Inc., in Houston, Texas. Mr. Martin received his J.D., B.B.A. and M.P.A. degrees from Southern Methodist University in Dallas.

Organization Position Status
Baker Hughes Incorporated Chief Compliance Officer Current
Baker Hughes Incorporated Vice President Current
Winstead, Sechrest & Minick P.C. Shareholder Former
Baker Hughes Incorporated Senior Deputy Counsel Former
Phelps Dunbar Llp Former

Martin S. Craighead has served as the Senior Vice President and Chief Operating Officer (COO) for Baker Hughes Incorporated, since May 4, 2009. In this role, Mr. Craighead is responsible for the company's corporate strategy, engineering and technology development, field operations and financial performance across all product lines and geographies. Prior to his current assignment, Mr. Craighead served as President of the Baker Hughes Drilling & Evaluation Group, which is comprised of Baker Atlas, Baker Hughes Drilling Fluids, Hughes Christensen and INTEQ. Previously, Mr. Craighead served as President of two Baker Hughes divisions—Baker Atlas and INTEQ—and he also served as Vice President of Worldwide Operations of the Baker Atlas division from 2003 to 2005. Mr. Craighead began his career with the company in 1986, and during his 27-year career he has served in numerous engineering, operational and managerial positions throughout North America, Latin America and Asia Pacific. Mr. Craighead holds a Bachelor of Science degree from Pennsylvania State University in Petroleum and Natural Gas Engineering and a Master of Business Administration from Vanderbilt University. His community involvement includes serving on the board of directors of the Southeast Texas chapter of Junior Achievement.

Organization Position Status
Baker Hughes Incorporated Senior Vice President & Chief Operating Officer Current
Baker Atlas President Former
Baker Hughes Incorporated Group President, Drilling & Evaluation Former
Baker Hughes Incorporated Vice President Former
Baker Atlas And Vice President of Marketing Former
Baker Atlas Leadership Positions Former
Vanderbilt University MBA Former
The Pennsylvania State University Bachelors Degree Former

Peter Ragauss, Senior Vice President and Chief Financial Officer joined Baker Hughes in 2006. Most recently, he served as Segment Controller of Refining and Marketing for BP plc in London. Earlier, he was Chief Executive Officer of Air BP, and, assistant to the group chief executive of BP. Prior to joining BP, he served as Vice President of Finance and Portfolio Management for Amoco Energy International, Vice President of Finance for El Paso Energy International and Vice President of Corporate Development for Tenneco Energy. Peter received his bachelor's degree in Mechanical Engineering in from Michigan State University and a Master of Business Administration degree from Harvard Business School. He is a member of the Alley Theatre Board of Directors.

Organization Position Status
Baker Hughes Incorporated Chief Financial Officer and Senior Vice President Current
Air Bp Limited Chief Executive Officer Former
El Paso Energy International Company Vice President of Finance Former
Tenneco Energy Vice President of Corporate Development Former
BP plc Segment Controller of Refining and Marketing Former
Harvard Business School MBA Former
Michigan State University Bsme Former

Russ Cancilla was appointed Vice President, HS&E and Security on January 22, 2009. Mr. Cancilla was Chief Security Officer from June 2006 to January 2009. Prior to joining Baker Hughes, Mr. Cancilla worked for Innovene as Vice President and Chief Security Officer. Before joining Innovene, he worked at BP as Vice President, Resources & Capabilities for Health, Safety, Security & Environment (HSSE) and Vice President, Real Estate and Management Services. In 1991, Russ worked at the White House as the Military Aide (Executive Assistant) to the President of the United States. This was followed by his appointment as Principal Deputy Assistant Secretary for the US & Foreign Commercial Service, US Department of Commerce. Mr. Cancilla holds a Bachelor's degree in Criminology and a Graduate degree in Operations Management. He is a graduate of the FBI National Academy Executive Program at Quantico, VA.

Organization Position Status
Baker Hughes Incorporated Chief Security Officer Current
Innovene Inc. Chief Security Officer Former
Innovene Inc. Vice President Former

Alan Crain was named Senior Vice President in 2007. Mr. Crain joined Baker Hughes as Vice President and General Counsel on November 8, 2000. Mr. Crain has broad experience as a corporate legal executive, having served as Executive Vice President, General Counsel and Secretary for Crown Cork & Seal Company, and as Vice President and General Counsel for Union Texas Petroleum. Mr. Crain has also held legal positions at Pennzoil and El Paso Energy. Mr. Crain received his J.D. and M.B.A. degrees from Syracuse University, in addition to M.S. and B.S. degrees in Management Engineering from Rensselaer Polytechnic Institute.

Organization Position Status
Baker Hughes Incorporated Senior Vice President Current
Baker Hughes Incorporated Vice President Current
Baker Hughes Incorporated General Counsel Current
Mariner Energy Inc. Board of Directors Current
Seal.Com Executive Vice President Former
Crown Limited Executive Vice President Former
Crown Limited General Counsel Former
Seal.Com General Counsel Former
Pennzoil Limited Former
Seal.Com Secretary Former
Crown Limited Secretary Former
Syracuse University J.D. Former
Rensselaer Polytechnic Institute B.S. degrees in Management Engineering Former

Alan Crain, Jr., is the vice president and general counsel of Baker Hughes Incorporated with global responsibility for legal affairs, security, crisis management and government affairs. In addition to his legal education, Crain holds bachelor and master?s degrees in engineering as well as a M.B.A.

Organization Position Status
Baker Hughes Incorporated Vice President Current
Baker Hughes Incorporated General Counsel Current
World Affairs Council of Houston Board of Directors Current

Mr. Keifer is Vice President and Controller of the Company and has held that position since July 1999. Mr. Keifer joined Baker Hughes Incorporated in 1990 as the Director of Corporate Audit after several years with Ernst & Young. He holds a B.A. Degree from the University of Iowa and is a Certified Public Accountant.

Organization Position Status
Baker Hughes Incorporated Controller & Vice President Current
Baker Hughes Incorporated Board of Directors Current
Ernst & Young Former
Organization Position Status
Baker Hughes Incorporated President & Vice President, Centrilift Current
Centrilift President Former
Hughes Christensen Company Vice President Former
Baker Hughes Incorporated Leadership Positions Former
Leslie Controls, Inc. Senior Leadership Positions Former
Cornell University Bachelors Degree Former
Organization Position Status
Baker Hughes Incorporated President & Vice President, Baker Oil Tools Current
Baker Petrolite Corporation Vice President of Finance Former
Hughes Christensen Company Financial and Accounting Positions Former
Inteq Financial and Accounting Positions Former
University of Newcastle Bachelors Degree Former
Organization Position Status
Baker Hughes Incorporated Vice President, Corp Dev Current
Harvard Business School MBA Former
The University of New Mexico Bachelors Degree Former

Mr. Emerson was named Vice President, Corporate Development in March 2001. Prior to that, Mr. Emerson had served as Director, Business Development for Baker Hughes Oilfield Operations since 1998. He joined Western Atlas, Inc. in 1997 as Director, Corporate Development. Prior to joining Western Atlas, Mr. Emerson held various positions with Halliburton Company from 1982-1997. Mr. Emerson received a B.S. degree in Chemical Engineering from the University of New Mexico and an M.B.A. from Harvard Business School.

Organization Position Status
Baker Hughes Incorporated Vice President, Strategy & Business Development Current
Halliburton Company Former

Didier Charreton, Vice President of Human Resources, joined Baker Hughes in March 2007. Most recently, Mr. Charreton served as Human Resources director for Coats, plc., based in the U.K. Previously he held a variety of positions within Human Resources with Schlumberger Limited in Europe, Latin America and the United States. Mr. Charreton received his business degree from the Ecole Superieure de Commerce of Clermont-Ferrand and a post-graduate degree (DEA Sc de Gestion) from the University of Lyon.

Organization Position Status
Baker Hughes Incorporated Vice President, Hr Current
Organization Position Status
Baker Hughes Incorporated Treasurer & Vice President Current
Baker Hughes Incorporated Treasurer Current
Peace Corps Faculty Former
Baker Hughes Incorporated Assistant Treasurer Former
University of Michigan MBA Former
Albion College BA Former

Gary Rich was named President, Europe on May 4, 2009. Previously, he served as President of Hughes Christensen since September 2006. Mr. Rich has worked for Baker Hughes for 19 years in both INTEQ and Hughes Christensen, serving in a variety of operations, marketing and strategic roles. Gary received his B.S. degree in Accounting from Brigham Young University and a M.S. in Science and Technology Commercialization from the University of Texas.

Organization Position Status
Baker Hughes Incorporated President & Vice President, Hughes Christensen Current
Baker Hughes Incorporated President, Hughes Christensen Former

John A. (Andy) O'Donnell was named President, Western Hemisphere on May 4, 2009. He has held multiple leadership positions within Baker Hughes Incorporated, including President of Baker Petrolite, President of Baker Hughes Drilling Fluids, and as Vice President responsible for the process segment, which was divested in early 2004. Mr. O'Donnell has also managed Project Renaissance, an enterprise-wide cost savings effort, completed in 2001, and also served as Vice President Manufacturing for Baker Oil Tools. He joined Hughes Tool Company in 1975. Mr. O'Donnell served as a pilot in the U.S. Marine Corps, and holds a B.S. degree from the University of California, and an M.B.A. degree from Pepperdine University.

Organization Position Status
Baker Hughes Incorporated President & Vice President, Baker Petrolite Current

John Lohman joined Baker Hughes in October 1999 as Vice President, Tax. He is responsible for tax planning and compliance matters for the company. For the six years immediately prior to joining the Company, he was the senior tax executive of Service Corporation International. He began his career in Houston with the public accounting firm, Ernst & Young. He graduated with a BBA in Accounting and a Master of Professional Accounting –Taxes from the University of Texas at Austin.

Organization Position Status
Baker Hughes Incorporated Vice President, Tax Current
Service Corporation International Former
Ernst & Young Former
The University of Texas at Austin Master of Professional Accounting Former
Organization Position Status
Baker Hughes Incorporated Vice President Current
Organization Position Status
Baker Hughes Drilling Fluids President Current
Baker Hughes Incorporated President & Vice President, Drilling Fluids Current
Baker Oil Tools Vice President of Operations Former
Inteq Vice President of Operations Former
Organization Position Status
Baker Hughes Incorporated Vice President, Business Dev & Integrated Operations Current
Centrilift Vice President International Operations Former
Centrilift District Area and Region Manager Former
Centrilift Sales Engineer Former

William Faubel was named Vice President, Global Account Management on May 4, 2009. Previously, he was Vice President of Enterprise Marketing since September 2006. In addition to a 24-year career at Hughes Christensen where he held various positions both in the domestic and international marketing regions, Mr. Faubel also has served as President of both the Centrilift and Baker Atlas product lines. He is a mechanical engineering graduate of SMU in Dallas.

Organization Position Status
Baker Hughes Incorporated Vice President, Enterprise Marketing Current
Centrilift President Former
Baker Hughes Incorporated President, Drilling & Evaluation Former
Baker Atlas President Former
Hughes Christensen Company Domestic and International Marketing Positions Former
Organization Position Status
Ofs Portal LLC Managing Director of Business Applications and Kno Current
Baker Hughes Incorporated Managing Director of Business Applications and Knowledge Management Current
Ofs Portal LLC Board of Directors Current
University of East Anglia Master of Science Degree In Theoretic Mechanics Former
University of East Anglia Bachelor of Science Degree In Applied Mathematics Former

Mr. Flaharty was appointed director, investor relations in January 1997. Before then he served as director, market research and corporate information. He joined the Baker Oil Tools division in 1981. Mr. Flaharty holds B.S. degrees in Mathematics and Computer Science and an M.B.A., all from the University of Houston.

Organization Position Status
Baker Hughes Incorporated Director, Ir Current
Baker Oil Tools NA Former
The University of Houston M.B.A Former

Mr. Shiels was appointed Assistant Director of Investor Relations in April of 2004. Before then he served as Assistant Treasurer of Baker Hughes. He joined Baker Hughes in 1998. Mr. Shiels holds a BBA in Finance and Accounting from Southern Methodist University.

Organization Position Status
Baker Hughes Incorporated Assistant Director, Ir Current
Baker Hughes Incorporated Assistant Treasurer Former
Southern Methodist University Bba Former

Ms. Caravello was appointed HS&E director for Baker Hughes Incorporated and HS&E vice president for Baker Hughes Oilfield Operations, in August 2004. Prior to this appointment, she served as senior director, HS&E/Quality and Regulatory Affairs and general manager of the Crop Protection Chemicals Group for Baker Petrolite. She joined Baker Hughes (Baker Performance Chemicals) in 1987 as a Senior Product Specialist in the Biotechnology Group of the R&D Department. Ms. Caravello holds a B.S. degree in Biology from Fairleigh Dickinson University and an M.S. degree in Biology/Ecology, from the University of Houston. She is currently pursuing a Ph.D. degree in Leadership and Organizational Change at Walden University.

Organization Position Status
Baker Hughes Incorporated Director, Health, Safety & Environ Current
Baker Hughes Incorporated Director, Health, Safety & Environ Former
Bhi director, HS&E for Former
Organization Position Status
Baker Hughes Incorporated Director, Enterprise Risk Strategy & Deputy General Counsel Current
Organization Position Status
Baker Hughes Incorporated Marketing Manager Current
Organization Position Status
Bristow Group Inc. Vice President, Compliance Current
Baker Hughes Incorporated Senior Region Counsel Current
Cummins, Inc. Legal Director, Eastern Hemisphere Former
Baker Hughes INTEQ General Counsel Former

Kamrul Islam Soheb is from Jhalukathi. His S.S.C and H.S.C were from Udbodhon Madhyamik Bidyalay, Jhalukathi and Tejgaon College, Dhaka respectively. He holds a B.Sc in Mechanical Engineering from BUET and an M.Sc from the University of Siegen, Germany. He has been working at Baker Hughes as a Development Engineer since August 1, 2006.

Organization Position Status
Baker Hughes Incorporated Development Engineer Current
Mechatronics Society of Bangladesh Current

Renee has built her career achieving success in performing a variety of administrative functions. She provides ASOP with expertise in human resources and staffing, employee benefits, general office administration. Her responsibilities also include corporate communications and public relations. She has 15+ years' experience in senior level administrative positions with industry leaders like Baker Hughes and Western Atlas.

Organization Position Status
Baker Hughes Incorporated Administrative Current

Ms. Alford was appointed Corporate Secretary of Baker Hughes in January 2001. Since joining Baker International Corporation in 1981, she has served in a variety of roles in the legal department, including Assistant Corporate Secretary. Ms. Alford attended California State University and Western Illinois University. She is also a member of the Society of Corporate Secretaries and Governance Professionals and the National Association of Stock Plan Professionals.

Organization Position Status
Baker Hughes Incorporated Corporate Secretary Current
California State University NA Former
Western Illinois University NA Former
Organization Position Status
Baker Hughes Incorporated Compensation Committee Chairman Current
National Association of Manufacturers Board Director Current
Syracuse University Board of Directors Current
Westlake Chemical Corporation Board of Directors Current
Greater Houston Partnership Board Director Current
JA Worldwide Board Director Current
The Allstate Corporation Board of Directors Current
Museum of Fine Arts, Houston Board Director Current
Central Houston Board Director Current
Manufacturers Alliance/Mapi, Inc. Board Director Current
Baker Hughes Incorporated Governance Committee Member Current
Cooper Industries Ltd. President Former
Cooper Industries Ltd. Coo Former
Cooper Industries Ltd. Executive Vice President, Operations Former
Cooper Industries Ltd. Executive Former
Baker Hughes Incorporated Board of Directors Former
Cooper Industries Ltd. Chief Executive Officer Former
Cooper Industries Ltd. Board Chairman Former
Syracuse University B.S. In Industrial Engineering Former
Organization Position Status
Cytec Industries, Inc. Board of Directors Current
Baker Hughes Incorporated Board Member Current
Tower Automotive, Inc. Board Member Current
Fortegra, Inc. Board of Directors Current
Black & Veatch Holding Company Board of Directors Current
ARCO Chemical Company Chairman Former

(Director since 1998) Senior Advisor to Eagle Energy and Electricite de France (energy marketing) since 2008. Chairman of Eagle Energy Partners since 2003, Chairman of Wincrest Ventures, L.P. (private investments) since January 1994 and Chariman of Collegiate Zone LP since 2004. He was a Managing Partner of Lehman Brothers from 2007 to 2008. He served as Chairman and Chief Executive Officer of Dynegy Inc. (diversified energy) from 1985 to 2002. Mr. Watson was elected Chairman and Chief Executive Officer of NGC Corporation, the predecessor of Dynegy, in 1989. Mr. Watson is also a board member of Mainstream Renewable Power, Shona Energy Partners, Angeleno Investors, L.P., Baylor College of Medicine, and the Greater Houston Partnership.

Organization Position Status
Baker Hughes Incorporated Board Director Current
National Petroleum Council Board Member Current
Baylor College of Medicine Board Member Current
Baker Hughes Incorporated Finance Committee Member Current
Dynegy, Inc. CEO Former
Dynegy, Inc. Chairman Former
Eagle Energy Partners Board Chairman Former
Organization Position Status
Eagle Energy, Inc. Partner Current
Oklahoma State University Governor Current
Katzenbach Partners Senior Energy Adviser Current
Conoco, Inc. Current
National Insurance Partners, Inc. Chairman, Eagle Energy Current
Eagle Energy, Inc. Chairman Current
Eagle Energy Partners Chairman Current
Theater, Inc. Board of Directors Current
Baylor College of Medicine Board of Directors Current
Angeleno Group, LLC Board of Directors Current
Baker Hughes Incorporated Board of Directors Current
Dynegy, Inc. Chief Executive Officer Former
Eagle Energy Partners Partner Former
Osu Foundation Governor Former
Osu Foundation Chairman Former
Dynegy, Inc. Chairman Former
Edison Electric Institute Board of Directors Former
Organization Position Status
Carnegie Mellon University Trustee Emeritus Current
Middlebury College Trustee Emeritus Current
Praxair Inc. Chair, Finance & Pension Current
Virginia National Bank Board Director Current
Baker Hughes Incorporated Board Director Current
Tracer Research Board of Directors Current
Baker Hughes Incorporated Compensation Committee Member Current
Praxair Inc. Director Former
Intermec, Inc. Director Former

Clarence P. Cazalot Jr. is president and chief executive officer of Marathon Oil Corporation and a member of the Marathon Oil Corporation Board of Directors. He joined Marathon in March 2000. Immediately prior to this, Mr. Cazalot served as vice president of Texaco Inc. and president of Texaco’s worldwide production operations. He was appointed president of Texaco’s worldwide production operations in 1999. From January 1998, Mr. Cazalot served as president of international production and chairman of London-based Texaco Ltd. He was named president of Texaco International Marketing and Manufacturing in January 1997. In 1994, Mr. Cazalot was appointed president of Texaco Exploration and Production Inc. in Houston, Texas. Prior to this, in 1992, he was elected a vice president of Texaco Inc. and president of Texaco’s Latin America/West Africa Division based in Coral Gables, Florida. Mr. Cazalot was appointed general manager of the frontier exploration department in Bellaire, Texas in 1987. In 1985, he was named assistant to the vice chairman. He was appointed staff geologist for the exploration and production executive committee of Texaco Inc. at the company’s executive offices in White Plains, New York in 1984. Mr. Cazalot joined Texaco in 1972 as a geophysicist in Bellaire, and transferred to the company’s offshore division in New Orleans, Louisiana, in 1974. He subsequently held a number of posts of increasing responsibility before being named assistant district geologist in 1976, district geologist in 1977, assistant division geologist in 1979 and regional manager of exploration in 1981. Mr. Cazalot is a native of New Orleans and graduated from Louisiana State University with a bachelor’s degree in geology. In May 2007, he was awarded an Honorary Doctorate of Humane Letters from Louisiana State University. He serves on the Boards of Directors of Baker Hughes Incorporated, the U.S.-Saudi Arabian Business Council, the American Petroleum Institute and the Greater Houston Partnership. He is a member of The Business Council and serves on the Advisory Board of the World Affairs Council of Houston. Mr. Cazalot is also a member of the American Association of Petroleum Geologists, the Texas Governor’s Business Council, the National Petroleum Council, the 25-Year Club of the Petroleum Industry and the All-American Wildcatters organization.

Organization Position Status
Marathon Oil Corporation President & Chief Executive Officer Current
American Petroleum Institute Director Current
National Association of Manufacturers Director Current
Baker Hughes Incorporated Board of Directors Current
Greater Houston Partnership Director Current
Marathon Oil Corporation Board of Directors Current
National Petroleum Council Member Current
Texaco President,Texaco’S Worldwide Production Operations Former
Texaco Vice President Former
Texaco General Manager Former
Texaco Regional Manager of Exploration Former
Texaco District Geologist Former
Texaco Chairman of London Former
Louisiana State University Bachelor of Science In Geology Former
Organization Position Status
Djerejian Global Consultancies, Llp Managing Partner Current
Occidental Petroleum Corporation Board of Directors Current
Baker Hughes Incorporated Board Director Current
Global Industries, Ltd. Board of Directors Current
Reasoning Mind Board of Directors Current
Epok, Inc. Board of Directors Current
Occidental Petroleum Corporation Environmental Committee Member Current
Baker Hughes Incorporated Compensation Committee Member Current
Foreign Affairs Special Assistant Former
Djerejian Global Consultancies, Llp Ambassador Former
The Foreign Service, Inc. Former
Foreign Affairs Secretary Former
Georgetown University Doctorate In Humanities Former
Middlebury College Doctorate Former
Georgetown University Bachelor of Science Former

J. Larry Nichols, 66, is a co-founder of Devon and has been a director since 1971. He was named chairman of the board of directors in 2000 and serves as chairman of the Dividend Committee. Nichols served as president from 1976 until 2003 and has been chief executive officer since 1980. Nichols serves as a director of Baker Hughes Inc. and Sonic Corp. Nichols has a Bachelor of Arts degree in Geology from Princeton University and a law degree from the University of Michigan.

Organization Position Status
Devon Energy Corporation CEO Current
Devon MND Operating, Inc. Chairman & CEO Current
Devon Energy Corporation Co-Founder of Devon Current
Devon Energy Corporation Board Chairman Current
American Petroleum Institute Chairman of The Board of Directors Current
BOK Financial Corporation Board Director Current
Sonic Corporation Board of Directors Current
Baker Hughes Incorporated Director Current
Baker Hughes Incorporated Audit, Ethics Committee Member Current
Devon Energy Corporation President Former
University of Michigan Law Degree Former
Princeton University Bachelor of Science Degree In Geology Former
University of Michigan Degree Former

(Director since 2002) Chairman of Manchester Principal LLC (high technology venture capital firm) since 1982. Former First Selectman, Greenwich, Connecticut from 2003 to 2007. Mr. Lash also served as Chairman and Chief Executive Officer of Reading Tube Corporation from 1982 to 1996. He is a director of Ivy Animal Health, Inc., and East West Institute and a trustee of the Massachusetts Institute of Technology.

Organization Position Status
Baker Hughes Incorporated Board Director Current
Vesper Corporation Board Director Current
Bhit, Inc. Board Director Current
Baker Hughes Incorporated Audit, Ethics Committee Member Current

(Director since 2004) Former Chairman of the Board and Chief Executive Officer of Intermec, Inc. (industrial technologies) from 2001 to 2007 and as Chief Executive Officer from 2000 to 2007. He served as President from 1999 to 2001 and as Chief Operating Officer from 1999 to 2000. Mr. Brady served as President of FMC Corporation from 1993 to 1999; Vice President from 1984 to 1989; Executive Vice President from 1989 to 1999 and was a director from 1989 to 1999. Mr. Brady is a director of Pactiv Corporation and a member of the Advisory Board of Northwestern University's Kellogg School of Management.

Organization Position Status
Baker Hughes Incorporated Board Director Current
Washington Round Table Board Member Current
Pactiv Corporation Board of Directors Current
Baker Hughes Incorporated Finance Committee Member Current
Intermec, Inc. Chief Executive Officer Former
Intermec, Inc. President Former
Intermec, Inc. Chief Operating Officer Former
TRW, Inc. Senior Management Positions Former
Intermec, Inc. Chairman Former
Intermec, Inc. Director Former
Harvard Business School MBA Degree Former

(Director since 2006) is a Chartered Engineer and a PhD from the California Institute of Technology, served as president of the Institute of Petroleum until June 2003. From 1997 through 2001 he served as a director and chief executive officer of Enterprise Oil, plc. In 1996, Dr. Jungels served as the managing director of exploration and production at British Gas plc. Dr. Jungels is also a director of Woodside Petroleum Ltd. and Imperial Tobacco Group plc.

Organization Position Status
Baker Hughes Incorporated Board of Directors Current
Organization Position Status
Imperial Tobacco Group plc Board Director Current
Baker Hughes Incorporated Board Director Current
Baker Hughes Incorporated Finance Committee Member Current
British Gas Plc Managing Director Former
Organization Position Status
Baker Hughes Incorporated Governance Committee Member Current
Enterprise Bancorp Inc. Chairman Former
Baker Hughes Incorporated Audit, Ethics Committee Chairman Former
Baker Hughes Incorporated Board Director Former

Executive News

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  • Baker Hughes to Present at the Wachovia 19th Annual Mid-Year Equity Conference

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  • /C O R R E C T I O N -- Baker Hughes Incorporated/

    Reuters - 6/05/09 - View Story

  • Baker Hughes Announces May 2009 Rig Counts

    Reuters - 6/05/09 - View Story

  • Baker Hughes Announces May 2009 Rig Counts

    Forbes.com - 6/05/09 - View Story

  • Baker Hughes CEO Talks Energy

    Motley Fool - 6/01/09 - View Story

  • Baker Hughes to Present at the 2009 RBC Capital Markets Global Energy and Power Conference

    Reuters - 5/28/09 - View Story

  • Baker Hughes to Present at the 2009 RBC Capital Markets Global Energy and Power Conference

    PR Newswire - 5/28/09 - View Story

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     BHI $26.25 -10.20 (-27.98% )
Average Volume 4,563,480
Shares Outstanding 309.70M
Market Cap 8.1B
Year High 90.33
Year Low 24.4
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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