Baker Hughes Names New Treasurer

Baker Hughes  (NYSE: BHI  )  has a new person to wear green eyeshades at the company. The oil and gas industry services provider announced this morning that Mike Sumruld was appointed as its vice president and treasurer, replacing Jan Kees van Gaalen, who left last month to serve as executive VP and CFO at Dresser-Rand.

Sumruld started his career at Baker Hughes in 1998 and worked most recently as VP of financial planning and analysis in Dubai. Prior to that, Sumruld served as Baker Hughes' director of investor relations.

Baker Hughes CFO Peter Ragauss said: "Mike brings more than 20 years of diversified financial expertise, international experience, and a record of solid performance within Baker Hughes to his new role as Treasurer. We believe this depth of experience will enable him to interact very effectively with our external stakeholders."

Sumruld has held a range of financial roles covering the U.S., Latin America, and the Eastern Hemisphere as well as global financial roles covering several product lines including drill bits, drilling services, chemicals, and drilling and completion fluids. He earned his MBA at Texas A&M and his undergraduate business degree at the University of Houston.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2455096, ~/Articles/ArticleHandler.aspx, 9/27/2016 3:24:35 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,228.36 133.53 0.74%
S&P 500 2,158.51 12.41 0.58%
NASD 5,304.23 46.73 0.89%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/27/2016 3:08 PM
BHI $48.07 Down -1.09 -2.22%
Baker Hughes CAPS Rating: ***
DRLC.DL $81.43 Up +0.09 +0.00%
Dresser-Rand Group CAPS Rating: ****