Global operations chief at GE

0
14

Global operations chief at GE’s Baker Hughes oilfield unit resigns

​​He will be replaced by UwemUkpong, the company’s chief integration officer who oversees merger activities, a person familiar with the matter said.REUTERS

Hampton

HOUSTON: BelgacemChariag, chief global operations officer for General Electric Co’s oilfield services group Baker Hughes, has resigned, according to a company filing with the U.S. Securities and Exchange Commission.

He will be replaced by UwemUkpong, the company’s chief integration officer who oversees merger activities, a person familiar with the matter said. Ukpong was previously a GE Oil & Gas executive, and has also run the company’s Oil & Gas Surface business unit.

Chariag was one of a handful of top Baker Hughes executives who continued in their positions after its 2017 merger with GE Oil & Gas. He was previously Baker Hughes’ president of global operations and chief integration officer prior the merger.

The shake-up comes roughly two months after General Electric said it was considering shedding its 62.5 percent stake in Baker Hughes in an effort to pare the company and focus on core businesses, such as power and aviation.

GE Oil & Gas completed its buyout of Baker Hughes in July 2017, creating the second-largest oilfield services provider by revenue. Chariag agreed to resign on Jan. 2, but will remain with the firm until the end of January, according to the filing. He could not immediately be reached for comment. GE’s Baker Hughes declined to comment on his resignation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here