Baker Hughes Announces Organizational Changes

14.09.2006

Baker Hughes announced four changes to its executive leadership team today. All changes are effective immediately.

Frank M. "Mike" Davis has been appointed President of Baker Hughes Russia, Inc. reporting to Rod Clark, President and Chief Operating Officer. In this role Mr. Davis will have responsibilities for all Baker Hughes operations in Russia.

William P. "Wil" Faubel has been appointed Vice President, Enterprise Marketing for Baker Hughes Oilfield Operations reporting to Doug Wall, Vice President and Group President, Baker Hughes Completion and Production, and to David Barr, Vice President and Group President, Baker Hughes Drilling and Evaluation.

Paul S. Butero has been appointed President of Baker Atlas succeeding Mr. Faubel and will report to David Barr.

Gary G. Rich has been appointed President of Hughes Christensen succeeding Mr. Butero and will report to David Barr.

Biographies

Paul S. Butero (49) served as President of Hughes Christensen since February 2005. Mr. Butero joined Baker Hughes in 1981 and has served 25 years in a number of operations roles in the United States and the Eastern Hemisphere before becoming Vice President of Marketing for Hughes Christensen in 2000. He earned his Bachelor of Science degree from the University of Colorado-Boulder.

William P. "Wil" Faubel (51) served as President of Baker Atlas since November 2005. Mr. Faubel joined Baker Hughes as a field engineer for Hughes Tool Company in 1977 and has held a variety of sales and management positions in both domestic and international regions, including President of Centrilift and Vice President of Marketing for Hughes Christensen. He received his Bachelor of Science Degree in Mechanical Engineering from Southern Methodist University.

Gary G. Rich (47) served as Vice President Marketing Drilling and Evaluation for INTEQ since February 2005. Mr. Rich joined INTEQ as a Senior Financial Analyst in 1987 and served in a number of marketing and operations positions including Product Manager, Marketing Director - INTEQ Drilling Systems, INTEQ Region Manager, and Marketing Director for Hughes Christensen. Gary received his Bachelor of Science in Accounting from Brigham Young University and his Master of Science degree in Science and Technology Commercialization from the University of Texas.

Frank M. "Mike" Davis (51) served as Vice President Marketing for Hughes Christensen since February 2005. Mr. Davis joined Hughes Tool Company in 1976 and has held a variety of positions in Baker Hughes including Vice President, New Business Development for Hughes Christensen, Vice President and General Manager - Baker Hughes Mining Tools and Vice President, Human Resources for Baker Process. Mike's career has included 12 years spent in management positions in the Middle East and Asia Pacific with Hughes Christensen.

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