Baker Hughes restructures operations, senior leadership team

Offshore staff

HOUSTON Baker Hughes Inc. has announced changes to its organizational structure and senior leadership team, which were made effective yesterday.

The changes follow the company’s recent announcement of its plans to simplify its business structure, reduce costs, and enhance its commercial strategy.

Baker Hughes has consolidated its previous regional operations structure into one global organization with responsibility for driving operational performance, service and sales execution, and delivering strong operating profits.

Belgacem Chariag, most recently the company’s vice president and chief integration officer, will serve as president, Global Operations.

The company has combined its Technology and Global Products and Services organizations to create one global organization responsible for strengthening the company’s technology commercialization and investment strategy.

Art Soucy, previously president, Europe, Africa and Russia Caspian region, will serve as president, Products and Technology. He also will be responsible for optimizing the company’s supply chain and procurement capabilities.

Derek Mathieson will serve as chief commercial officer of the newly formed Commercial Strategy organization. Mathieson, who previously served as vice president, chief technology and marketing officer, also will lead future business incubation efforts as well as corporate development planning and implementation.

Richard Williams, formerly the president of the North America region, will serve as senior advisor to the company’s executive leadership team.

05/25/2016

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