Baker Hughes Co. appointed Nancy Buese CFO efective Nov. 2 as current CFO Brian Worrell moves into a strategic advisor role, the company announced in a press statement on Oct. 19.

Prior to this role, Buese has held a number of roles at MarkWest Energy Partners, Arthur Anderson and Ernst & Young during her 30 year tenure in the financial district. Most recently, she served as executive vice president and CFO of global mining company Newmont Corp. beginning in 2016.

Additionally, Buese has served on the board and chaired the audit committee for UMB Financial Corp. and has served on Williams Co.'s board since 2018.

“Nancy is a proven CFO and business leader, delivering impressive results throughout her career in the energy and mining sectors," chairman and CEO Lorenzo Simonelli commented in the release. "She brings diversified and valued experience leading finance teams for public companies, and I am excited to welcome her to Baker Hughes.”

“Nancy will be a driving force in our strategic transformation to simplify our operations, improve execution, deliver strong financial performance and increase value for our shareholders over the long-term,” he continued.

Worrell has over 30 years of experience as a financial executive. Prior to joining Baker Hughes, he served as vice president and CFO of GE Oil & Gas, as well as vice president of GE corporate financial planning and analysis until January 2014.

During his time at Baker Hughes, Worrell oversaw the company's merger with GE Oil & Gas in 2017, as well as helped guide the company through mounting ESG initiatives and the COVID-19 pandemic.

“I want to thank Brian personally and professionally for his many years of service to the company, especially during the past six years as our CFO,” Simonelli added. “He has shown exemplary leadership and built an incredibly strong finance function, ensuring Baker Hughes has remained a stable and leading company for our customers, shareholders and employees."