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Baker Hughes names Borras interim EVP, Industrial & Energy Technology

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Baker Hughes (BKR) announced an executive transition. On October 7, 2025, Ganesh Ramaswamy resigned as Executive Vice President, Industrial & Energy Technology to pursue another opportunity. Effective October 24, 2025, Maria Claudia Borras, age 56, will assume the role on an interim basis while continuing as Chief Growth and Experience Officer.

Borras brings more than 30 years of experience at the company, previously serving as Executive Vice President of Oilfield Services & Equipment (2022–2024) and Executive Vice President of Oilfield Services (2017–2022). The company stated there are no arrangements or understandings related to her selection, no family relationships with directors or executive officers, and no related‑party transactions under Item 404(a).

Positive

  • None.

Negative

  • None.

Insights

Executive change with experienced interim; neutral impact.

Baker Hughes disclosed the resignation of the Industrial & Energy Technology EVP on October 7, 2025 and named Maria Claudia Borras interim EVP effective October 24, 2025.

The filing notes Borras continues as Chief Growth and Experience Officer and has over 30 years at the company, with prior EVP roles leading Oilfield Services & Equipment and Oilfield Services. No arrangements, family relationships, or related‑party transactions are indicated.

This is an organizational update rather than a financial event. Actual operational impact depends on execution during the interim period; the effective date provides the immediate milestone.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 7, 2025

 

 

Baker Hughes Company

(Exact name of registrant as specified in charter)

 

 

 

Delaware   1-38143   81-4403168

(State of

Incorporation)

 

(Commission

File No.)

  (I.R.S. Employer
Identification No.)

 

575 N. Dairy Ashford Rd., Suite 100  
Houston, Texas   77079-1121
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code: (713) 439-8600

 

(former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol

 

Name of each exchange
on which registered

Class A Common Stock, par value $0.0001 per share   BKR   The Nasdaq Stock Market LLC
5.125% Senior Notes due 2040 of Baker Hughes Holdings LLC and Baker Hughes Co-Obligor, Inc.   BKR40   The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 7, 2025, Ganesh Ramaswamy tendered his resignation as Executive Vice President, Industrial & Energy Technology of Baker Hughes Company (the “Company”) in order to pursue another opportunity. The Company thanks Mr. Ramaswamy for his significant contributions to the Company and wishes him success in his future endeavors.

Effective October 24, 2025, Maria Claudia Borras, age 56, will assume the role of Executive Vice President, Industrial & Energy Technology on an interim basis in addition to her role as Chief Growth and Experience Officer. Ms. Borras is responsible for driving enterprise growth and enhancing customer experience, leading the commercial, regional and marketing organizations and driving transformation to energize business expansion across the company’s portfolio. Ms. Borras has more than 30 years of experience with Baker Hughes and the energy and energy technology industries. From 2022-2024, she served as Executive Vice President of Oilfield Services & Equipment, and from 2017-2022, she served as Executive Vice President of Oilfield Services.

There are no arrangements or understandings between Ms. Borras and any other person pursuant to which Ms. Borras was selected as an officer of the Company. There is no family relationship between Ms. Borras and any director or executive officer of the Company, and Ms. Borras is not a party to any transaction subject to Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    BAKER HUGHES COMPANY
Dated: October 14, 2025     By:  

/s/ Fernando Contreras

      Vice President, Chief Compliance Officer & Corporate Secretary

FAQ

What executive change did Baker Hughes (BKR) announce?

Ganesh Ramaswamy resigned as Executive Vice President, Industrial & Energy Technology on October 7, 2025.

Who will lead Baker Hughes’ Industrial & Energy Technology (IET) business?

Maria Claudia Borras will serve as interim Executive Vice President of IET effective October 24, 2025.

What is Maria Claudia Borras’s background at Baker Hughes (BKR)?

She has 30+ years with the company and previously led Oilfield Services & Equipment (2022–2024) and Oilfield Services (2017–2022).

Will Maria Claudia Borras keep her current role at Baker Hughes?

Yes. She will continue as Chief Growth and Experience Officer while serving as interim IET EVP.

Are there any related-party or family relationships disclosed for this appointment?

No. The company states no arrangements, no family relationships, and no transactions under Item 404(a).
Baker Hughes Co

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