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[8-K] Baker Hughes Co Reports Material Event

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(Moderate)
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8-K

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).

Baker Hughes (BKR) ha annunciato una transizione esecutiva. Il 7 ottobre 2025 Ganesh Ramaswamy si è dimesso da Vice Presidente Esecutivo, Industrial & Energy Technology per perseguire un'altra opportunità. A decorrere dal 24 ottobre 2025, Maria Claudia Borras, di 56 anni, assumerà il ruolo in via provvisoria mentre continua a ricoprire l'incarico di Chief Growth and Experience Officer.

Borras porta oltre 30 anni di esperienza nell'azienda, avendo precedentemente ricoperto la carica di Vicepresidente Esecutivo dei Servizi & Attrezzature Oilfield (2022–2024) e Vicepresidente Esecutivo dei Servizi Oilfield (2017–2022). L'azienda ha dichiarato che non esistono accordi o intese relativi alla sua selezione, nessuna relazione familiare con i membri del consiglio di amministrazione o i dirigenti, e nessuna transazione con parti correlate ai sensi dell'Item 404(a).

Baker Hughes (BKR) anunció una transición ejecutiva. El 7 de octubre de 2025, Ganesh Ramaswamy presentó su renuncia como Vicepresidente Ejecutivo de Tecnología Industrial y Energía para buscar otra oportunidad. A partir del 24 de octubre de 2025, Maria Claudia Borras, de 56 años, asumirá el cargo de forma interina mientras continúa como Chief Growth and Experience Officer.

Borras aporta más de 30 años de experiencia en la empresa, habiendo ocupado previamente el puesto de Vicepresidente Ejecutivo de Oilfield Services & Equipment (2022–2024) y Vicepresidente Ejecutivo de Oilfield Services (2017–2022). La compañía indicó que no existen acuerdos o entendimientos relacionados con su selección, no existen relaciones de parentesco con directores o altos directivos, y no hay transacciones con partes relacionadas bajo el ítem 404(a).

Baker Hughes (BKR)가 임원 이직을 발표했습니다. 2025년 10월 7일 Ganesh Ramaswamy는 산업 및 에너지 기술 부문의 부사장을 사임하고 다른 기회를 추구하기로 했습니다. 2025년 10월 24일부로 Maria Claudia Borras(56세)가 임시로 그 역할을 맡으면서 Chief Growth and Experience Officer 직위를 계속 수행합니다.

Borras는 회사에서 30년이 넘는 경력을 쌓아 왔으며, 이전에는 Oilfield Services & Equipment(2022–2024) 부사장 및 Oilfield Services(2017–2022) 부사장을 역임했습니다. 회사는 그녀의 선임과 관련된 어떠한 합의나 이해관계도 없으며, 이사회나 임원과의 가족 관계도 없고, 제404(a)항에 따른 관련자 거래도 없다고 밝혔습니다.

Baker Hughes (BKR) a annoncé une transition exécutive. Le 7 octobre 2025, Ganesh Ramaswamy a démissionné de son poste de Vice-président exécutif, Industrial & Energy Technology pour poursuivre une autre opportunité. À compter du 24 octobre 2025, Maria Claudia Borras, âgée de 56 ans, assumera le rôle de manière intérimaire tout en poursuivant son activité de Chief Growth and Experience Officer.

Borras apporte plus de 30 ans d'expérience au sein de l'entreprise, ayant précédemment occupé le poste de Vice-président exécutif des Oilfield Services & Equipment (2022–2024) et celui des Oilfield Services (2017–2022). La société a déclaré qu'il n'existe aucun accord ou entente relatif à sa sélection, aucune relation familiale avec des administrateurs ou des dirigeants, et aucune transaction avec des parties liées conformément à l'article 404(a).

Baker Hughes (BKR) kündigte einen Vorstandswechsel an. Am 7. Oktober 2025 trat Ganesh Ramaswamy als Executive Vice President, Industrial & Energy Technology von seinem Amt zurück, um eine weitere Gelegenheit zu verfolgen. Ab dem 24. Oktober 2025 wird Maria Claudia Borras, 56 Jahre alt, die Rolle vorübergehend übernehmen, während sie weiterhin Chief Growth and Experience Officer bleibt.

Borras bringt mehr als 30 Jahre Erfahrung im Unternehmen mit, zuvor als Executive Vice President von Oilfield Services & Equipment (2022–2024) und Executive Vice President von Oilfield Services (2017–2022) tätig. Das Unternehmen erklärte, dass es keine Vereinbarungen oder Verständigungen im Zusammenhang mit ihrer Auswahl gibt, keine familiären Beziehungen zu Direktoren oder Führungskräften besteht und keine Transaktionen mit nahestehenden Parteien gemäß Punkt 404(a) vorliegen.

بكر هيوز (BKR) أعلنت عن انتقال تنفيذي. في 7 أكتوبر 2025، استقال غانيش رامسوامي من منصب نائب الرئيس التنفيذي، التكنولوجيا الصناعية والطاقة للسعي لفرصة أخرى. اعتباراً من 24 أكتوبر 2025، ستتولى ماريا كلوديا بوراس، البالغة من العمر 56 عاماً، المنصب بشكل مؤقت مع الاستمرار في تولي منصب Chief Growth and Experience Officer.

تجلب بوراس أكثر من 30 عاماً من الخبرة في الشركة، حيث شغلت سابقاً منصب نائب الرئيس التنفيذي لخدمات ومعدات حقول النفط (2022–2024) ونائب الرئيس التنفيذي لخدمات حقول النفط (2017–2022). وذكرت الشركة أنه لا يوجد أي ترتيبات أو تفاهمات تتعلق باختيارها، ولا وجود لعلاقات عائلية مع المدراء أو كبار المسؤولين، ولا توجد صفقات مع أطراف ذات صلة وفقاً للبند 404(a).

Baker Hughes (BKR)宣布高管过渡。 2025年10月7日,Ganesh Ramaswamy辞去执行副总裁、工业与能源技术部职务,去寻求其他机会。从2025年10月24日起,56岁的Maria Claudia Borras将临时接任该角色,同时继续担任Chief Growth and Experience Officer。

Borras在公司拥有超过30年的经验,此前曾担任Oilfield Services & Equipment(2022–2024)执行副总裁以及Oilfield Services(2017–2022)执行副总裁。公司表示,在其选拔过程中不存在任何安排或理解,与董事或高管之间也不存在家庭关系,且根据第404(a)条款不存在相关方交易。

Positive
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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.

Baker Hughes (BKR) ha annunciato una transizione esecutiva. Il 7 ottobre 2025 Ganesh Ramaswamy si è dimesso da Vice Presidente Esecutivo, Industrial & Energy Technology per perseguire un'altra opportunità. A decorrere dal 24 ottobre 2025, Maria Claudia Borras, di 56 anni, assumerà il ruolo in via provvisoria mentre continua a ricoprire l'incarico di Chief Growth and Experience Officer.

Borras porta oltre 30 anni di esperienza nell'azienda, avendo precedentemente ricoperto la carica di Vicepresidente Esecutivo dei Servizi & Attrezzature Oilfield (2022–2024) e Vicepresidente Esecutivo dei Servizi Oilfield (2017–2022). L'azienda ha dichiarato che non esistono accordi o intese relativi alla sua selezione, nessuna relazione familiare con i membri del consiglio di amministrazione o i dirigenti, e nessuna transazione con parti correlate ai sensi dell'Item 404(a).

Baker Hughes (BKR) anunció una transición ejecutiva. El 7 de octubre de 2025, Ganesh Ramaswamy presentó su renuncia como Vicepresidente Ejecutivo de Tecnología Industrial y Energía para buscar otra oportunidad. A partir del 24 de octubre de 2025, Maria Claudia Borras, de 56 años, asumirá el cargo de forma interina mientras continúa como Chief Growth and Experience Officer.

Borras aporta más de 30 años de experiencia en la empresa, habiendo ocupado previamente el puesto de Vicepresidente Ejecutivo de Oilfield Services & Equipment (2022–2024) y Vicepresidente Ejecutivo de Oilfield Services (2017–2022). La compañía indicó que no existen acuerdos o entendimientos relacionados con su selección, no existen relaciones de parentesco con directores o altos directivos, y no hay transacciones con partes relacionadas bajo el ítem 404(a).

Baker Hughes (BKR)가 임원 이직을 발표했습니다. 2025년 10월 7일 Ganesh Ramaswamy는 산업 및 에너지 기술 부문의 부사장을 사임하고 다른 기회를 추구하기로 했습니다. 2025년 10월 24일부로 Maria Claudia Borras(56세)가 임시로 그 역할을 맡으면서 Chief Growth and Experience Officer 직위를 계속 수행합니다.

Borras는 회사에서 30년이 넘는 경력을 쌓아 왔으며, 이전에는 Oilfield Services & Equipment(2022–2024) 부사장 및 Oilfield Services(2017–2022) 부사장을 역임했습니다. 회사는 그녀의 선임과 관련된 어떠한 합의나 이해관계도 없으며, 이사회나 임원과의 가족 관계도 없고, 제404(a)항에 따른 관련자 거래도 없다고 밝혔습니다.

Baker Hughes (BKR) a annoncé une transition exécutive. Le 7 octobre 2025, Ganesh Ramaswamy a démissionné de son poste de Vice-président exécutif, Industrial & Energy Technology pour poursuivre une autre opportunité. À compter du 24 octobre 2025, Maria Claudia Borras, âgée de 56 ans, assumera le rôle de manière intérimaire tout en poursuivant son activité de Chief Growth and Experience Officer.

Borras apporte plus de 30 ans d'expérience au sein de l'entreprise, ayant précédemment occupé le poste de Vice-président exécutif des Oilfield Services & Equipment (2022–2024) et celui des Oilfield Services (2017–2022). La société a déclaré qu'il n'existe aucun accord ou entente relatif à sa sélection, aucune relation familiale avec des administrateurs ou des dirigeants, et aucune transaction avec des parties liées conformément à l'article 404(a).

Baker Hughes (BKR) kündigte einen Vorstandswechsel an. Am 7. Oktober 2025 trat Ganesh Ramaswamy als Executive Vice President, Industrial & Energy Technology von seinem Amt zurück, um eine weitere Gelegenheit zu verfolgen. Ab dem 24. Oktober 2025 wird Maria Claudia Borras, 56 Jahre alt, die Rolle vorübergehend übernehmen, während sie weiterhin Chief Growth and Experience Officer bleibt.

Borras bringt mehr als 30 Jahre Erfahrung im Unternehmen mit, zuvor als Executive Vice President von Oilfield Services & Equipment (2022–2024) und Executive Vice President von Oilfield Services (2017–2022) tätig. Das Unternehmen erklärte, dass es keine Vereinbarungen oder Verständigungen im Zusammenhang mit ihrer Auswahl gibt, keine familiären Beziehungen zu Direktoren oder Führungskräften besteht und keine Transaktionen mit nahestehenden Parteien gemäß Punkt 404(a) vorliegen.

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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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