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CEO, Baker Hughes. Term. February 2017-. Predecessor. Martin Craighead. Board member of. Chairman of the U.S.-Russia Business Council . Board member of CNH Industrial and C3.ai. Lorenzo Simonelli is the Chairman, President and Chief Executive Officer of Baker Hughes, an energy technology company.
In 1993, Baker Hughes INTEQ was formed by combining five of the company's oilfield divisions. Petrolite (1997) Petrolite was formed in 1930 from the merger of William Barnickel's Tret-O-Lite with Petroleum Rectifying Company of California (PETRECO). In 1997, Baker Hughes acquired Petrolite for $693 million in stock.
Petrolite Corporation was an American manufacturer of chemicals. Founded in 1930 from the merger of the Tret-O-lite Company with the Petroleum Rectifying Company of California (PETRECO), [1] it was subsequently merged into Baker Hughes Incorporated in 1997.
The Fosters Freeze team in Lemoore, California, felt "shock" as they learned of the restaurant's last-minute closure on Monday, following the state's newly enacted $20 minimum wage law.
The company has held multiple rounds of layoffs over the past year and offered voluntary buyouts to more than half its 12,700 salaried employees in the U.S. last year in a move to cut costs as it ...
On Friday, the Bureau of Labor Statistics is expected to report slower but still steady job growth of 198,000 for February, compared with 353,000 in January. But the solid job growth data ...
UCC is a wholly owned subsidiary (since February 6, 2001) of Dow Chemical Company. Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers. Some are high-volume commodities and others are specialty products meeting the needs of smaller markets.
Compare that to the roughly 7,800 tech industry layoffs seen through the first 18 days of 2024, according to data from the tech layoff tracker Layoffs.fyi, and tech companies’ problems begin to ...