Baker Hughes Announces Organizational Changes
Posted: 02 March 2005
Baker Hughes Incorporated announced today that David H. Barr has been appointed Group President, Drilling and Evaluation and Douglas J. Wall has been appointed Group President, Completions and Production. Both Mr. Barr and Mr. Wall will report directly to James R. "Rod" Clark, Baker Hughes' President and Chief Operating Officer. The promotions are effective February 28, 2005 .
The new Drilling and Evaluation Group includes the Baker Atlas, Baker Hughes Drilling Fluids, Hughes Christensen and INTEQ divisions. Martin S. Craighead has been appointed President of Baker Atlas filling the position opened by the promotion of Mr. Barr. Paul S. Butero has been appointed President of Hughes Christensen succeeding Trevor M. Burgess who has left the company.
The new Completions and Production Group consists of the Baker Oil Tools, Baker Petrolite, and Centrilift divisions. Chris P. Beaver has been appointed President of Baker Oil Tools filling the position opened by the promotion of Mr. Wall.
James R. "Rod" Clark, Baker Hughes President and Chief Operating Officer, said, "Both David Barr and Doug Wall bring strong business, operational, and leadership skills to their new positions. By creating two groups, we recognize that each group is facing distinct challenges and opportunities best addressed with focused strategies, technologies, and capital."
Mr. Clark added, "Within the groups, the divisions will sharpen their focus on customer relationships, develop best-in-class technologies, and deliver flawless execution at the manufacturing and operational level. The new organization will provide growth opportunities for many individuals as we strengthen our regional presence and capabilities. I am excited that we have been able to promote managers such as Chris Beaver, Paul Butero, and Martin Craighead who have provided excellent leadership to Baker Hughes while promoting our Core Values."
Chad C. Deaton, Baker Hughes Chairman and Chief Executive Officer, said, "The organizational structure announced today supports the implementation of our long-term strategy. We are strengthening our best-in-class product-line focus while we move closer to our global customers -- particularly the national oil companies -- and work to improve overall enterprise efficiency."
Posted by Editor Pipeline Magazine
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