Last updated: 12 August 2024 at 4:33pm EST

Lorenzo Simonelli Net Worth




The estimated Net Worth of Lorenzo Simonelli is at least $55.9 Million dollars as of 8 August 2024. Mr. Simonelli owns over 114,286 units of Baker Hughes Co stock worth over $16,532,605 and over the last 7 years he sold BKR stock worth over $24,472,430. In addition, he makes $14,922,600 as Chairman of the Board, President, and Chief Executive Officer at Baker Hughes Co.

Mr. Simonelli BKR stock SEC Form 4 insiders trading

Lorenzo has made over 25 trades of the Baker Hughes Co stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 114,286 units of BKR stock worth $4,000,010 on 8 August 2024.

The largest trade he's ever made was selling 122,500 units of Baker Hughes Co stock on 8 August 2023 worth over $4,263,000. On average, Lorenzo trades about 46,904 units every 73 days since 2017. As of 8 August 2024 he still owns at least 502,053 units of Baker Hughes Co stock.

You can see the complete history of Mr. Simonelli stock trades at the bottom of the page.





Lorenzo Simonelli biography

Lorenzo Simonelli serves as Chairman of the Board, President, Chief Executive Officer of the Company. Lorenzo Simonelli has been the Chairman of the Board of Directors of the Company since October 2017, and a Director, President and Chief Executive Officer of the Company since July 2017. Before joining the Company in July 2017, Mr. Simonelli was Senior Vice President, GE and President and Chief Executive Officer, GE Oil & Gas from October 2013 to July 2017. Before joining GE Oil & Gas, he was the President and Chief Executive Officer of GE Transportation from July 2008 to October 2013. Mr. Simonelli joined GE in 1994 and held various finance and leadership roles from 1994 to 2008.

What is the salary of Lorenzo Simonelli?

As the Chairman of the Board, President, and Chief Executive Officer of Baker Hughes Co, the total compensation of Lorenzo Simonelli at Baker Hughes Co is $14,922,600. There are no executives at Baker Hughes Co getting paid more.



How old is Lorenzo Simonelli?

Lorenzo Simonelli is 47, he's been the Chairman of the Board, President, and Chief Executive Officer of Baker Hughes Co since 2017. There are 20 older and 3 younger executives at Baker Hughes Co. The oldest executive at Baker Hughes Co is Clarence Cazalot, 69, who is the Independent Director.

What's Lorenzo Simonelli's mailing address?

Lorenzo's mailing address filed with the SEC is 575 NORTH DAIRY ASHFORD ROAD, SUITE 100, , HOUSTON, TX, 77079-1121.

Insiders trading at Baker Hughes Co

Over the last 5 years, insiders at Baker Hughes Co have traded over $4,655,105,208 worth of Baker Hughes Co stock and bought 119,897 units worth $1,981,981 . The most active insiders traders include Electric Co General, Clarence P Jr Cazalot, and Lorenzo Simonelli. On average, Baker Hughes Co executives and independent directors trade stock every 9 days with the average trade being worth of $149,746,738. The most recent stock trade was executed by Lorenzo Simonelli on 8 August 2024, trading 114,286 units of BKR stock currently worth $4,000,010.



What does Baker Hughes Co do?

baker hughes incorporated (nyse: bhi) provides reliable, practical solutions when and where our customers need them to lower costs, reduce risk and improve productivity. from the reservoir to the refinery we create value with high-performance products and services to analyze, drill, evaluate, complete and produce oil and gas reserves and then transport and refine the hydrocarbons. for over a century, innovation has been part of our dna. baker hughes was formed in 1986 with the merger of baker international and hughes tool company—both founded over 100 years ago when r.c. baker and howard hughes conceived ground-breaking inventions that revolutionized the fledgling petroleum era. since those earliest advancements, we’ve never stopped searching for solutions to conquer the next frontier. collaboration is at the heart of our business. with 49,000 employees in more than 80 countries, our local geomarket teams work side by side with customers to engineer reliable, practical solutions—wh



What does Baker Hughes Co's logo look like?

Baker Hughes Co logo

Complete history of Mr. Simonelli stock trades at Baker Hughes Co

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
8 Aug 2024 Lorenzo Simonelli
Chairman, President, and CEO
Sale 114,286 $35.00 $4,000,010
8 Aug 2024
502,053
1 Aug 2024 Lorenzo Simonelli
Chairman, President, and CEO
Sale 114,286 $38.55 $4,405,725
1 Aug 2024
616,339
29 Jan 2024 Lorenzo Simonelli
Chairman, President, and CEO
Option 64,725 $30.00 $1,941,750
29 Jan 2024
599,743
24 Jan 2024 Lorenzo Simonelli
Chairman, President, and CEO
Option 103,368 $30.04 $3,105,175
24 Jan 2024
555,682
8 Aug 2023 Lorenzo Simonelli
Chairman, President, and CEO
Sale 122,500 $34.80 $4,263,000
8 Aug 2023
467,438
1 Aug 2023 Lorenzo Simonelli
Chairman, President, and CEO
Sale 122,500 $35.49 $4,347,525
1 Aug 2023
589,938
1 Jun 2023 Lorenzo Simonelli
Chairman, President, and CEO
Option 17,177 $28.61 $491,434
1 Jun 2023
719,198
30 Jan 2023 Lorenzo Simonelli
Chairman, President, and CEO
Option 64,725 $31.02 $2,007,770
30 Jan 2023
609,722
24 Jan 2023 Lorenzo Simonelli
Chairman, President, and CEO
Option 52,512 $30.15 $1,583,237
24 Jan 2023
565,661
23 Jan 2023 Lorenzo Simonelli
Chairman, President, and CEO
Option 58,789 $30.59 $1,798,356
23 Jan 2023
531,548
31 May 2022 Lorenzo Simonelli
Chairman, President, and CEO
Sale 103,000 $37.39 $3,851,170
31 May 2022
472,759
23 May 2022 Lorenzo Simonelli
Chairman, President, and CEO
Sale 103,000 $35.00 $3,605,000
23 May 2022
575,759
28 Jan 2022 Lorenzo Simonelli
Chairman, President, and CEO
Option 64,724 $27.16 $1,757,904
28 Jan 2022
559,335
24 Jan 2022 Lorenzo Simonelli
Chairman, President, and CEO
Option 91,426 $27.07 $2,474,902
24 Jan 2022
525,210
1 Jun 2021 Lorenzo Simonelli
Chairman, President, and CEO
Option 17,177 $25.52 $438,357
1 Jun 2021
440,544
22 Jan 2021 Lorenzo Simonelli
Chairman, President, and CEO
Option 112,522 $22.17 $2,494,613
22 Jan 2021
374,756
2 Sep 2020 Lorenzo Simonelli
Chairman, President, and CEO
Buy 71,275 $14.12 $1,006,403
2 Sep 2020
287,096
1 Aug 2020 Lorenzo Simonelli
Chairman, President, and CEO
Option 60,547 $15.49 $937,873
1 Aug 2020
239,647
26 Feb 2020 Lorenzo Simonelli
Chairman, President, and CEO
Buy 11,254 $17.74 $199,646
26 Feb 2020
179,100
24 Feb 2020 Lorenzo Simonelli
Chairman, President, and CEO
Buy 15,368 $19.49 $299,522
24 Feb 2020
167,846
22 Jan 2020 Lorenzo Simonelli
Chairman, President, and CEO
Option 53,734 $22.68 $1,218,687
22 Jan 2020
161,914


Baker Hughes Co executives and stock owners

Baker Hughes Co executives and other stock owners filed with the SEC include: