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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January 31, 2000
Baker Hughes Incorporated
(Exact name of registrant as specified in charter)
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Delaware 1-9397 76-0207995
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
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3900 Essex Lane, Houston, Texas 77027
(Address of principal executive offices) (Zip Code)
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Registrant's telephone number, including area code: (713) 439-8600
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Item 5. Other Events.
On January 31, 2000, the Board of Directors of Baker Hughes
Incorporated (the "Company") announced that it will begin a search for a chief
executive officer to succeed Max L. Lukens, who has resigned his positions as
Chairman of the Board, President and Chief Executive Officer and is leaving the
Company. Joe B. Foster, a director of the Company since 1990, has been
appointed interim Chairman, President and Chief Executive Officer to lead the
Company until a new Chief Executive is selected. Victor G. Beghini will chair
the committee of the Board of Directors that will conduct the search. Other
members of the search committee are directors Richard D. Kinder, H. John Riley,
Jr. and Charles L. Watson.
Andrew J. Szescila, Senior Vice President of the Company, will assume
responsibilities for Baker Hughes Oilfield Operations. In his position as
President of Baker Hughes Oilfield Operations, he will report to Mr. Foster.
Thomas R. Bates, Jr., who previously had responsibilities for the Western
Geophysical, Baker Atlas and INTEQ divisions, has resigned.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BAKER HUGHES INCORPORATED
Date: February 2, 2000 By: /s/ G. S. Finley
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G. S. Finley
Senior Vice President - Finance and
Administration and Chief Financial
Officer
