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The Asset ObserverThe Asset Observer
Home»Stocks
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Baker Hughes director Connors to exit board in 2024 By Investing.com

News RoomBy News RoomMarch 23, 2024
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© Reuters.

Nelda J. Connors, a member of the Baker Hughes Company (NASDAQ:)’s Board of Directors, has decided not to seek re-election at the upcoming 2024 Annual Meeting of Shareholders. Connors, who has been part of the board since 2020, also serves on the Governance & Corporate Responsibility Committee and the Human Capital & Compensation Committee. She will continue her duties until the Annual Meeting.

The company, traded on NASDAQ under the ticker BKR, confirmed on Thursday that Connors’ departure is not due to any disagreements with the company’s operations, policies, or practices. Her tenure on the board has been marked by significant contributions, for which the Board expressed sincere gratitude and extended best wishes for her future endeavors.

Connors’ decision comes as the energy technology company prepares for its 2024 Annual Meeting, a key event for corporate governance and shareholder engagement. The company has not yet announced a successor or provided details on the process for filling the upcoming vacancy on the board.

The information in this article is based on a statement from a press release.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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