Lorenzo Simonelli
Net Worth

Last updated:

What is Lorenzo Simonelli net worth?

The estimated net worth of Mr. Lorenzo Simonelli is at least $73,155,606 as of 8 Aug 2024. He owns shares worth $21,563,176 as insider, has earned $24,472,430 from insider trading and has received compensation worth at least $27,120,000 in Baker Hughes Company.

What is the salary of Lorenzo Simonelli?

Mr. Lorenzo Simonelli salary is $3,390,000 per year as Chairman, Pres & Chief Executive Officer in Baker Hughes Company.

How old is Lorenzo Simonelli?

Mr. Lorenzo Simonelli is 52 years old, born in 1973.

What stocks does Lorenzo Simonelli currently own?

As insider, Mr. Lorenzo Simonelli owns shares in one company:

Company Title Shares Price per share Total value
Baker Hughes Company (BKR) Chairman, Pres & Chief Executive Officer 502,053 $42.95 $21,563,176

What does Baker Hughes Company do?

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping systems, oilfield and industrial chemicals, and artificial lift technologies for oil and natural gas, and oilfield service companies. The OFE segment provides subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions, including well intervention and decommissioning solutions; and services related to onshore and offshore drilling and production operations. The TPS segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, downstream, onshore, offshore, and industrial customers. The DS segment provides sensor-based process measurements, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection, and pipeline integrity solutions. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.

BKR logo
BKR
Baker Hughes Company
$42.95

Lorenzo Simonelli insider trading

Baker Hughes Company

Mr. Lorenzo Simonelli has made 6 insider trades between 2017-2024, 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 Aug 2024.

The largest trade he's ever made was exercising 122,500 units of BKR stock on 1 Aug 2023. As of 8 Aug 2024 he still owns at least 502,053 units of BKR stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Class A Common Stock 114,286 $35 $4,000,010
Sale
Class A Common Stock 114,286 $38.55 $4,405,725
Sale
Class A Common Stock 122,500 $34.8 $4,263,000
Sale
Class A Common Stock 122,500 $35.49 $4,347,525
Option
Class A Common Stock 17,177 N/A N/A
Option
Restricted Stock Unit 6_18 17,177 N/A N/A
Option
Restricted Stock Unit 01_21 64,725 N/A N/A
Option
Class A Common Stock 64,725 N/A N/A
Option
Class A Common Stock 52,512 N/A N/A
Option
Restricted Stock Unit 01_22 52,512 N/A N/A
Option
Class A Common Stock 58,789 N/A N/A
Option
Restricted Stock Unit 01_20 58,789 N/A N/A
Sale
Class A Common Stock 103,000 $37.39 $3,851,170
Sale
Class A Common Stock 103,000 $35 $3,605,000
Option
Restricted Stock Unit 01_21 64,724 N/A N/A
Option
Class A Common Stock 64,724 N/A N/A
Option
Restricted Stock Unit 01_20 58,789 N/A N/A
Option
Restricted Stock Unit 01_19 32,637 N/A N/A
Option
Class A Common Stock 91,426 N/A N/A
Option
Restricted Stock Unit 6_18 17,177 N/A N/A
Option
Class A Common Stock 17,177 N/A N/A
Option
Restricted Stock Unit 01_19 32,637 N/A N/A
Option
Class A Common Stock 32,637 N/A N/A
Option
Class A Common Stock 79,885 N/A N/A
Option
Class A Common Stock 79,885 N/A N/A
Option
Restricted Stock Unit 01_20 58,788 N/A N/A
Option
Restricted Stock Unit 01_18 21,097 N/A N/A
Purchase
Class A Common Stock 71,275 $14.12 $1,006,118
Option
Class A Common Stock 60,547 N/A N/A
Option
Restricted Stock Unit 60,547 N/A N/A
Purchase
Class A Common Stock 11,254 $17.74 $199,668
Purchase
Class A Common Stock 15,368 $19.49 $299,522
Option
Class A Common Stock 32,637 N/A N/A
Option
Restricted Stock Unit 01_19 32,637 N/A N/A
Option
Restricted Stock Unit 01_18 21,097 N/A N/A
Option
Class A Common Stock 21,097 N/A N/A
Purchase
Class A Common Stock 15,000 $20.61 $309,075
Option
Class A Common Stock 60,547 N/A N/A
Option
Restricted Stock Unit 60,547 N/A N/A
Option
Class A Common Stock 21,097 N/A N/A
Option
Restricted Stock Unit 01_18 21,097 N/A N/A
Option
Restricted Stock Unit 60,545 N/A N/A
Option
Class A Common Stock 60,545 N/A N/A
Purchase
Class A Common Stock 6,100 $32.99 $201,239

Baker Hughes Company key executives

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