Big news from Baker Hughes, a company that makes tools for oil and gas! They have a new boss for their money stuff. This person, Ahmed Moghal, already works at the company and knows a lot about it.
- Baker Hughes got a new Chief Financial Officer (CFO).
- The CFO is someone who already works there.
- The company's stock price went down a little bit.
What happened | Details |
---|---|
Old CFO | Left the job |
New CFO | Ahmed Moghal |
Stock Price | Went down 1.3% |
The company is changing what it does and wants to grow by using new technology, and the new CFO will help with that. It's like changing from mostly selling toy cars to selling toy cars and robots!