Baker Hughes CEO’s $41M golden parachute jumped by 40 percent

With Baker Hughes expected to soon become a subsidiary of General Electric, no one is coming out better than Martin Craighead, Baker Hughes’ chairman and chief executive. Craighead is slated to receive a golden parachute totaling $41 million, which is more than 40 percent higher than his anticipated $29 million payout if Halliburton had successfully ...