Board of Directors

Jud Bailey serves as the Vice President of Business Development & Market Analysis at Baker Hughes. In this role, he plays a crucial part in supporting the company’s growth strategy and transformation goals by leading strategic M&A efforts. Prior to joining Baker Hughes, Jud gained extensive experience as a sell-side research analyst, covering the Oilfield Services & Equipment industry for nearly 20 years at various firms. His expertise and contributions have been recognized by numerous industry organizations, and over the last two years, he has been ranked #1 in the Institutional Investor survey for Investor Relations in the Oilfield Services & Equipment sector. Jud is a graduate of Texas A&M and is a CFA charter holder.

Karl Erik Kjelstad (b. 1966) is Chief Executive Officer of Akastor ASA and has been part of the Aker group since 1998, and has held numerous key positions, including various CEO positions. Karl Erik has held several board positions in different industries, including oil service, offshore drilling, offshore and merchant shipping, shipbuilding, IT services, real estate and construction industry. Karl Erik holds an MSc in Marine Engineering from the Norwegian University of Science and Technology (NTNU) and an AMP from Harvard Business School. 

Kristian Røkke (b. 1983) is the Chief Executive Officer of Aker Horizons ASA, a company that develops green energy and green industry to accelerate the transition to net zero. Mr. Røkke was chief investment officer of Aker ASA prior to Aker Horizons, and CEO of Akastor ASA and Philly Shipyard ASA, where he held several operational roles including SVP Operations. Mr. Røkke is currently Chair of the board of several companies, including Mainstream Renewable Power, Aker Carbon Capture ASA, Philly Shipyard ASA, and a director on the board of TRG Holding AS. Mr. Røkke has an MBA from The Wharton School, University of Pennsylvania.

Nancy Buese is the Chief Financial Officer (CFO) of Baker Hughes. With over 30 years of finance leadership experience, she previously held the position of Executive Vice President (EVP) & CFO at Newmont Corporation, a global mining company, from 2016. Prior to that, Buese served as EVP & CFO of MarkWest Energy Partners, a prominent hydrocarbon gathering, processing, and transportation company, and later as EVP & CFO of MPLX following its acquisition of MarkWest. She began her career at Ernst & Young, working for over a decade and becoming a partner before transitioning to corporate roles. Buese has served on several Boards of Directors and holds a bachelor’s degree in accounting and business administration from the University of Kansas and is a Certified Public Accountant.