Dr. Mohsen M. Sohi, born in 1962, brings a wealth of experience in engineering to his role as CEO of Baker Hughes Company. He earned his Ph.D. from the University of Stuttgart, which is a testament to his solid foundation...

Dr. Mohsen M. Sohi, born in 1962, brings a wealth of experience in engineering to his role as CEO of Baker Hughes Company. He earned his Ph.D. from the University of Stuttgart, which is a testament to his solid foundation in the field. Since January 2023, Dr. Sohi has also served on the company’s Board of Directors, showing strong leadership and governance in his professional journey. Before joining Baker Hughes, he was the CEO of Freudenberg SE, managing a multi-industry company for over a decade. Additionally, he has been a director and chairman of STERIS, a health technology provider, highlighting his versatile experience in the industry. Dr. Sohi's focus on performance-based pay aligns with the company’s growth strategy, allowing him to lead the charge in innovative solutions tailored to energy transition. In 2023, he reported a total compensation of approximately $3.86 million, with a significant portion tied directly to company performance, demonstrating his commitment to creating shareholder value.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Baker Hughes CEOs

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Dr. Mohsen M. Sohi

CEO of Baker Hughes

Education

Ph.D. in Engineering from the University of Stuttgart

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Energy

Born

April 1, 1962 - 63 years ago

CEO of Baker Hughes for

2 years 4 months (Jan 2023 - Present)

Previous Experience

Chief Executive Officer of Freudenberg SE

Rivals

Competitors/colleagues of Dr. Mohsen M. Sohi

M

Joseph Wm. Foran

Founder and CEO of Matador Resources

2023 Compensation

Stock

$11.09M

Salary

$1.35M

Bonus

$3.11M

Other

$25.70K

Total Holdings

$26.93M

H

Jeffrey A. Miller

CEO of Halliburton

2023 Compensation

Stock

$27.46M

Salary

$1.60M

Bonus

$0.00

Other

$659.12K

Total Holdings

$29.98M

D

Kaes Van't Hof

CEO of Diamondback Energy

2023 Compensation

Stock

$450.00K

Salary

$950.00K

Bonus

$300.00K

Other

$50.00K

Total Holdings

$16.35M

S

Olivier Le Peuch

CEO of Schlumberger

2023 Compensation

Stock

$0.00

Salary

$1.55M

Bonus

$3.50M

Other

$174.85K

Total Holdings

$56.26M

C

Stephen Tadlock

CEO of Cactus

2023 Compensation

Stock

$500.00K

Salary

$450.00K

Bonus

$358.43K

Other

$30.62K

Total Holdings

$1.68M

P

James H. Walter

CEO of Permian Resources

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$4.30K

Total Holdings

$163.30M

Holdings

See how much did Dr. Mohsen M. Sohi make over time.

Dr. Mohsen M. Sohi holds a significant position at Baker Hughes Company. His wealth primarily comes from his role in leading the company through its innovative energy solutions. Since he became CEO in early 2023, his focus has been on...

Dr. Mohsen M. Sohi holds a significant position at Baker Hughes Company. His wealth primarily comes from his role in leading the company through its innovative energy solutions. Since he became CEO in early 2023, his focus has been on aligning his interests with shareholder success through a performance-based pay structure. In 2023, he reported earning $3.86 million, predominantly from a salary of $1.62 million and a bonus that surpassed expectations with a payout of 140% above target. This compensation structure emphasizes his commitment to aligning his financial success with the company’s performance metrics which include revenue and free cash flow. As the company continues to adapt and evolve, Dr. Sohi's leadership will be essential in maximizing both his wealth and the company’s overall growth.

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Insider Trading

See recent insider trades of Dr. Mohsen M. Sohi.

No insider trades found for this CEO.

Compensation History

See how much did Dr. Mohsen M. Sohi make over time.

In 2023, Dr. Mohsen M. Sohi's total compensation as the CEO of Baker Hughes amounted to $3,855,600. This figure comprises a base salary of $1,620,000 and a substantial bonus of $2,235,600, reflective of his performance-driven pay philosophy. Notably, the annual bonus was 140% of the target due to exceeding key financial metrics, showcasing the company’s robust performance under his leadership. He did not receive any stock grants or options that vested or were exercised during the year, as his compensation plan aligns more closely with business performance rather than stock price. Other compensation totaling $686,207 includes benefits like life insurance and retirement contributions, further demonstrating the company's commitment to a comprehensive rewards structure. By tying significantly more of his compensation to the company's financial performance, Dr. Sohi exemplifies a hands-on approach to leadership, aligning his interests with those of the shareholders.

Year

2023

Total Compensation

$6.16M

Salary

$1.62M

Board Justification

The compensation philosophy emphasizes performance-based pay aligned with company performance and shareholder interests, with a significant portion of total compensation at risk.

Bonus

$3.86M

Board Justification

The overall payout of the 2023 annual short-term bonus was 140% of target, based on out-performance against financial metrics and partial achievement of strategic priorities.

Other

$686.21K

Board Justification

Other compensation includes life insurance premiums, contributions to retirement and savings plans, financial and tax planning, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on performance-based compensation and long-term incentives.

Performance Metrics

The performance metrics for 2023 included revenue, adjusted EBITDA, and free cash flow, with a strong emphasis on achieving financial targets.

Other Baker Hughes CEOs

Here are other CEOs of Baker Hughes

Gregory L. Ebel

Ex-CEO of Baker Hughes

March 2017 - October 2022