Sundar PichaiSundar Pichai earned $164M in 2023

Gregory L. Ebel is the former CEO of Baker Hughes Company, a major player in the energy technology sector, where he served from March 2017 until October 2022. He holds a Bachelor's degree in Commerce from the University of Alberta...

Quick Links
B

Gregory L. Ebel

Ex-CEO of Baker Hughes

Education

Bachelor's degree in Commerce from the University of Alberta; MBA from the University of Calgary

Field of Expertise

Business & Management

Sector of Economy

Energy

Born

September 15, 1966 - 58 years ago

CEO of Baker Hughes for

5 years 7 months (Mar 2017 - Oct 2022)

Previous Experience

President and Chief Executive Officer of Enbridge

Holdings

See how much did Gregory L. Ebel make over time.

In terms of stock holdings, Gregory Ebel has seen his net worth fluctuate significantly during his tenure at Baker Hughes. Notably, in early 2020, his holdings exceeded $27 million, reflecting confidence in the company’s potential. By the end of 2020,...

Charitable Transactions

MOS

71,676 shares

MOS

Recent Charitable Transactions

MOS

41,676 shares

MOS

Dec 4, 2023

Charity

MOS

30,000 shares

MOS

Sep 13, 2022

Charity

Insider Trading

See recent insider trades of Gregory L. Ebel.

MOS

41,676 shares

MOS

Dec 4, 2023

Charity

MOS

41,676 shares

MOS

Dec 4, 2023

Charity

MOS

30,000 shares

MOS

Sep 13, 2022

Charity

MOS

30,000 shares

MOS

Sep 13, 2022

Charity

MOS

$990.50K

MOS at $63.49/share

May 6, 2022

Purchase

MOS

$990.50K

MOS at $63.49/share

May 6, 2022

Purchase

ENB

335 shares

ENB

Dec 20, 2018

Received

ENB

24,770 shares

ENB

Dec 14, 2018

Received

MOS

$493.34K

MOS at $23.49/share

May 5, 2017

Purchase

MOS

$266.06K

MOS at $29.56/share

Mar 14, 2016

Purchase

Compensation History

See how much did Gregory L. Ebel make over time.

Gregory Ebel's compensation at Baker Hughes has varied widely over his years of service. In 2022, he earned a total package of approximately $373,940, which included a base salary of $172,500, a bonus of $175,000, and vested stock awards valued at about $26,440. This was a significant drop from previous years. In 2021, his total compensation hit a high of about $1.59 million, driven largely by a large bonus of $2.7 million, reflecting the strong performance metrics the company achieved. In 2020, his total compensation was a staggering $15.3 million, which also included significant stock awards. Ebel’s compensation strategy emphasizes performance-based pay, aligning his interests with those of the shareholders, a common theme in executive compensation that attempts to balance immediate rewards with the long-term health of the company. His pay structure showcases a trend towards tying rewards to specific operational and financial goals like revenue and cash flow while managing to retain key talent in a fiercely competitive industry.

Year

2022

Total Compensation

$721.44K

Salary

$172.50K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance, emphasizing performance-based pay.

Bonus

$175.00K

Board Justification

The overall payout of the 2022 Annual bonus was approved at 65% of target due to the impact of unanticipated events.

Other

$0.00

Board Justification

Restricted Stock

$373.94K(26.44K RSU)

Board Justification

The stock awards that vested in 2022 were based on performance metrics and were granted in prior years, specifically the 2020 performance share units which achieved a payout of 73.4% of target.

Performance Metrics

The performance metrics included revenue, adjusted EBITDA, and free cash flow.

Other Baker Hughes CEOs

Here are other CEOs of Baker Hughes