Press release
Baker Hughes Names Ganesh Ramaswamy as Executive Vice President of Industrial & Energy Technology
Ramaswamy will lead Industrial & Energy Technology (IET) business segment to continue positioning Baker Hughes for new frontiers and build out diversified
About this update from Baker Hughes Company
[{"type":"text","content":"Ramaswamy will lead Industrial & Energy Technology (IET) business segment to continue positioning Baker Hughes for new frontiers and build out diversified solutions Baker Hughes continues to accelerate its strategic transformation announced in September 2022 to simplify and improve operations, enhancing profitability while positioning for growth with customers across energy and industrial markets HOUSTON and LONDON, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) (“Baker Hughes” or the “Company”) announced Ganesh Ramaswamy as executive vice president (EVP) of the Industrial & Energy Technology (IET) business segment effective Jan. 16. Ramaswamy’s appointment is another step in the Company’s strategic transformation – announced in September 2022 – to simplify its operations, enhance profitability, and drive growth in the rapidly evolving energy and industrial markets. Ramaswamy brings more than 25 years of diversified experience across industrial sectors. He most recently served as president of Global Services for Johnson Controls, where he led the multinational conglomerate’s transformation in digital services and drove significant year-over-year growth in services and sustainability solutions. Ramaswamy previously held multiple business leadership roles in Danaher, a diversified manufacturer of industrial products and services, as well as holding product and general management roles for multiple international companies. “Ganesh is a proven business leader, and his appointment is another deliberate action to accelerate our strategy to ensure Baker Hughes is further strengthened for future growth,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes. “I am looking forward to his unique perspectives as we continue to strengthen IET to capitalize on new growth within energy and industrial markets. Ganesh’s global and diversified experience will be critical as we position our entire portfolio to deliver differentiated solutions to address the energy trilemma – balancing energy security, sustainability and affordability.” With Ramaswamy’s appointment, Rod Christie, EVP of IET, will be moving to a strategic adviser role before departing the Company in the second quarter of 2023. “I would like to thank Rod personally and professionally for his many years of service to the Company,” said Simonelli. “He has been integra...