Lorenzo Simonelli

Baker Hughes

Chairman & Chief Executive Officer

Lorenzo Simonelli is Chairman and CEO of Baker Hughes (NYSE: BKR). Baker Hughes is an energy technology company that combines innovation, expertise and scale to provide solutions for energy and industrial customers worldwide. Simonelli was named Chairman of the Board in October 2017 and has been President and CEO since the Company’s creation in 2017, where he oversaw the successful merger of GE Oil & Gas with Baker Hughes Inc. Since 2013, he served as President and CEO of GE Oil & Gas. Previously, Simonelli served as President and CEO of GE Transportation, a global transportation leader in the rail, mining, marine and energy storage industries. During his five-year tenure, he expanded and diversified GE Transportation by focusing on advanced technology manufacturing, intelligent control systems, and a diverse approach to new propulsion solutions. He has also served as CFO Americas for GE Consumer & Industrial, as well as General Manager, Product Management for GE Appliances, Lighting, Electrical Distribution and Motors. Simonelli joined GE’s Financial Management Program in 1994, where he worked on assignments in GE International, GE Shared Services, GE Oil & Gas, and Consolidated Financial Insurance. He currently serves on the Board of CNH Industrial. Originally from Tuscany, Italy, Simonelli is a Business & Economics Graduate from Cardiff University in South Wales.

SESSIONS WITH Lorenzo Simonelli

Monday, 1 March

  • 10:30am - 11:00am (CST) / 01/mar/2021 04:30 pm - 01/mar/2021 05:00 pm

    Voices of Innovation

    Voices of Innovation: Lorenzo Simonelli, Chairman and CEO of Baker Hughes: Rethink, redefine, renew

    Interview Innovation & Technology
    Baker Hughes is a “differentiated energy technology company” with the strategy to lead the energy transition. Its vision is to “invent smarter ways.” In this conversation with Atul Arya, Chief Energy Strategist, IHS Markit, Lorenzo Simonelli, Chairman and CEO of Baker Hughes, will discuss why 2021 is the year to “Rethink,” “Redefine,” and “Renew” the energy business. 

Tuesday, 2 March

  • 11:20am - 11:50am (CST) / 02/mar/2021 05:20 pm - 02/mar/2021 05:50 pm

    Plenary

    Reinventing Energy: What's next?

    Panel Upstream Oil & Gas Energy Transition/Climate & Sustainability
    Energy transition demands innovation. Oil and gas companies are racing to increase efficiencies, reduce costs, and raise productivity. Digitalization has become a core tool in all forms of energy to understand, control, avoid, and reduce emissions. Hydrogen, carbon capture, better batteries, and other emerging technologies are bidding to reshape the energy mix. How are companies stepping up to the challenge of innovation? How are financial institutions shaping their incentives?