Baker Hughes Inc. has reshuffled its organizational structure and senior leadership team effective May 24. The moves are part of the oil field services firm’s plan to simplify its business structure and reduce costs following the termination of its proposed merger with Halliburton Co. (OGJ Online, May 2, 2016).
BHI has consolidated its regional operations structure into one global organization. Belgacem Chariag, most recently vice-president and chief integration officer, will serve as president, global operations.
The firm 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, 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, previously 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 president of BHI’s North America region, will serve as senior advisor to the firm’s executive leadership team.