Baker Hughes makes changes to organizational structure, senior leadership

Baker Hughes Inc. (BHI:NYSE) has made changes to its organizational structure and senior leadership team. The changes follow the company’s May 2 announcement of to simplify its business structure, reducing costs and enhancing its commercial strategy.

The company has consolidated its previous regional operations structure into one global organization. Belgacem Chariag, who was most recently the company’s vice president and chief integration officer, will serve as president, global operations.

Baker Hughes has combined its Technology and Global Products and Services (GPS) organizations to create one global organization. Art Soucy, previously president, Europe, Africa, and Russia Caspian (EARC) region at Baker Hughes, 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. In this role, Mathieson will lead the commercial growth strategy for the company with the responsibility of developing a broader range of sales channels for its products and technology. 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 company’s North America region, will play a critical role in the organizational transitions outlined above. Serving as senior advisor to the company’s executive leadership team, Williams will use his operational experience to assist the company in implementing these changes without disruption to operational performance or customer commitments.

All changes noted above were effective as of May 24, 2016.

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